Reliance Money
- Thread starter romb4u00
- Start date
- Tags insta plus
CNC is for delivery and MIS for intraday....
You will have to chose NRML for future & options trade... whereas you will find MIS as default there but that is not for web trading that is only for their dealers terminal...
If u have any more queries on insta+ ... tell me... I am using it and it is working absolutely fine for me...
regards
Abhi
You will have to chose NRML for future & options trade... whereas you will find MIS as default there but that is not for web trading that is only for their dealers terminal...
If u have any more queries on insta+ ... tell me... I am using it and it is working absolutely fine for me...
regards
Abhi
Your complaint is fully justified and it is symptomatic of the greed operating in Reliance money. They first attracted people with a basic card rate of Rs 500 and one paise per transaction commission for intraday traders. They not only removed the lowest card, hiked card rates, but also increased the commission to Rs 15 per transaction irrespective of the nature of trade. A clear betrayal and distant cry from with what they started with. This dramatic change in charges had a crippling effect on the volume of trade and they are now resorting to harassment tactics to shed small and non-serious traders! The new nuisance platform designed to encourage professional traders and boot out small ones. All in the name of improved software platform!
NRML option is correct for Futures trading. The old "Easy Trade" is still available from the main Option to place orders only. It is made complicated as the aim of reliance money is to force the users to trade more. They not only log out slow traders but also have introduced unnecessary security steps on re-login and made it as cumbersome as possible. Logging out idle traders is good for the system. But, re-login must be easy and fast. It is not so in the new system. It is a small mercy that they have not introduced "user ID correct" press "OK", :sos::sos:next, "password correct" press "OK", "security Number correct", Press "OK", "Your last login was on ...." Press "OK" to take you to the menu. It is half of this in nuisance value designed more to discourage frequent logins than any advance in technique.
In the so called "Insta plus", you must input the so called transactional password (unwanted) in addition every time you re-login and effect a buy or sell. Again, this is to discourage you from keeping quiet after log -on and getting booted out for idling! It is good for people who trade more frequently. Why non-frequent traders must be harassed when it is neither an improvement nor a need for improved security? It is a pity that the easy and useful "easy trading" platform convenient for many amateur traders has been removed under the guise of improving the software platform. In reality, it is exploitative and there is nothing convenient for such traders accustomed to "easy trading" platform.:rofl::rofl:
NRML option is correct for Futures trading. The old "Easy Trade" is still available from the main Option to place orders only. It is made complicated as the aim of reliance money is to force the users to trade more. They not only log out slow traders but also have introduced unnecessary security steps on re-login and made it as cumbersome as possible. Logging out idle traders is good for the system. But, re-login must be easy and fast. It is not so in the new system. It is a small mercy that they have not introduced "user ID correct" press "OK", :sos::sos:next, "password correct" press "OK", "security Number correct", Press "OK", "Your last login was on ...." Press "OK" to take you to the menu. It is half of this in nuisance value designed more to discourage frequent logins than any advance in technique.
In the so called "Insta plus", you must input the so called transactional password (unwanted) in addition every time you re-login and effect a buy or sell. Again, this is to discourage you from keeping quiet after log -on and getting booted out for idling! It is good for people who trade more frequently. Why non-frequent traders must be harassed when it is neither an improvement nor a need for improved security? It is a pity that the easy and useful "easy trading" platform convenient for many amateur traders has been removed under the guise of improving the software platform. In reality, it is exploitative and there is nothing convenient for such traders accustomed to "easy trading" platform.:rofl::rofl:
Your complaint is fully justified and it is symptomatic of the greed operating in Reliance money. They first attracted people with a basic card rate of Rs 500 and one paise per transaction commission for intraday traders. They not only removed the lowest card, hiked card rates, but also increased the commission to Rs 15 per transaction irrespective of the nature of trade. A clear betrayal and distant cry from with what they started with. This dramatic change in charges had a crippling effect on the volume of trade and they are now resorting to harassment tactics to shed small and non-serious traders! The new nuisance platform designed to encourage professional traders and boot out small ones. All in the name of improved software platform!
NRML option is correct for Futures trading. The old "Easy Trade" is still available from the main Option to place orders only. It is made complicated as the aim of reliance money is to force the users to trade more. They not only log out slow traders but also have introduced unnecessary security steps on re-login and made it as cumbersome as possible. Logging out idle traders is good for the system. But, re-login must be easy and fast. It is not so in the new system. It is a small mercy that they have not introduced "user ID correct" press "OK", next, "password correct" press "OK", "security Number correct", Press "OK", "Your last login was on ...." Press "OK" to take you to the menu. It is half of this in nuisance value designed more to discourage frequent logins than any advance in technique.
In the so called "Insta plus", you must input the so called transactional password (unwanted) in addition every time you re-login and effect a buy or sell. Again, this is to discourage you from keeping quiet after log -on and getting booted out for idling! It is good for people who trade more frequently. Why non-frequent traders must be harassed when it is neither an improvement nor a need for improved security? It is a pity that the easy and useful "easy trading" platform convenient for many amateur traders has been removed under the guise of improving the software platform. In reality, it is exploitative and there is nothing convenient for such traders accustomed to "easy trading" platform.
NRML option is correct for Futures trading. The old "Easy Trade" is still available from the main Option to place orders only. It is made complicated as the aim of reliance money is to force the users to trade more. They not only log out slow traders but also have introduced unnecessary security steps on re-login and made it as cumbersome as possible. Logging out idle traders is good for the system. But, re-login must be easy and fast. It is not so in the new system. It is a small mercy that they have not introduced "user ID correct" press "OK", next, "password correct" press "OK", "security Number correct", Press "OK", "Your last login was on ...." Press "OK" to take you to the menu. It is half of this in nuisance value designed more to discourage frequent logins than any advance in technique.
In the so called "Insta plus", you must input the so called transactional password (unwanted) in addition every time you re-login and effect a buy or sell. Again, this is to discourage you from keeping quiet after log -on and getting booted out for idling! It is good for people who trade more frequently. Why non-frequent traders must be harassed when it is neither an improvement nor a need for improved security? It is a pity that the easy and useful "easy trading" platform convenient for many amateur traders has been removed under the guise of improving the software platform. In reality, it is exploitative and there is nothing convenient for such traders accustomed to "easy trading" platform.
i tried opening easy trade and insta trade in reliance money but i didnt opened ..the message displayed that u r activated to insta plus and there was a link to open insta plus.i clicked on the link but when i entered my user id and password it says validate your user id and password..is there any seperate user id or password which reliance money will provide us???also there was no option for security key..security key not required in insta plus??and the worst i tried opening more then allowed times so not it says contact administrater when i try opening in insta plus????what to do now?and is insta plus is the only platform they will provide from now on..cant we get shifted to easy rade or insta trade platform???
Re: Regarding problem faced by investabcd.
Your problem is again indicative of the callous and irresponsible way reliancemoney is harassing its small time users. Do not worry about the silly message goading you to contact the so called system administrator. After the mess they have created, it is difficult to get a system administrator till the dust settles. It is an incorrect message and as such their meddling of your account is needed to assume new identities required for Instaplus Login. .
Please open intaplus.reliancemoney screen and select "Forgot Password" option (just below "Enter Password row"). A Popup Screen will open prompting you to enter User ID, security number and your PAN Card Number. Just fill up these rows. For simplicity retain your regular user ID.
If the entered serial number and PAN are correct, another screen will open prompting you to assume a new password and another fresh unnecessary nuisance called transactional password. For simplicity, use your old password as your fresh password and something rhyming and related to it as your Transactional password. Note them down somewhere in your secure personal book or else you are likely to land in trouble. Now, you are ready to use the great new instaplus software where the login is broken in to two steps screen (thank them for not breaking in to 3 steps screen). Any mistake, you must re-start from beginning. It will ask your missing serial number in the second step screen. Thereafter, there is a compulsory O.K press to be pressed before you make the grand entry inside. The new instaplus is no where near easy trade experience for ordinary mortals.
Your problem is again indicative of the callous and irresponsible way reliancemoney is harassing its small time users. Do not worry about the silly message goading you to contact the so called system administrator. After the mess they have created, it is difficult to get a system administrator till the dust settles. It is an incorrect message and as such their meddling of your account is needed to assume new identities required for Instaplus Login. .
Please open intaplus.reliancemoney screen and select "Forgot Password" option (just below "Enter Password row"). A Popup Screen will open prompting you to enter User ID, security number and your PAN Card Number. Just fill up these rows. For simplicity retain your regular user ID.
If the entered serial number and PAN are correct, another screen will open prompting you to assume a new password and another fresh unnecessary nuisance called transactional password. For simplicity, use your old password as your fresh password and something rhyming and related to it as your Transactional password. Note them down somewhere in your secure personal book or else you are likely to land in trouble. Now, you are ready to use the great new instaplus software where the login is broken in to two steps screen (thank them for not breaking in to 3 steps screen). Any mistake, you must re-start from beginning. It will ask your missing serial number in the second step screen. Thereafter, there is a compulsory O.K press to be pressed before you make the grand entry inside. The new instaplus is no where near easy trade experience for ordinary mortals.
Last edited:
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