Upstox - RKSV - Trade in Rs 20 Max

[RKSV]

@ RKSV,

Are there any minimum margin requirements for Opening the Lifetime Free DEMAT account with you?

I got an e-mail for Free Demat account from another broker but their T&C states that Rs. 1 lakh is required as minimum margin requirement for Free Lifetime Demat.

Thanks.

Hi RockyRobust,

There are no margin requirements as such to open a free demat with us. You can open your free demat account with Zero Rupees too and no need to maintain any margins with us.

 

[Sunnyraj]

@RKSV

Are there any DP charges on sell side for equity delivery trades or any minimum charges for that matter.

 

[saakk]

Hi will there be spot intraday charts available in UPSTOXx just like futures of nifty, bank etc??

 

[Striker]

Hi will there be spot intraday charts available in UPSTOXx just like futures of nifty, bank etc??

I think so this will be best feature but very difficult to make as exchange don't provide for free I think

 

[Striker]

Lifetime free demat account? What is the logic of this? First of all brokerage is so low.. Then u have removed another income. What kalaari capital saw in this?? Now, with eauity brokerage at zero.. I guessing the quality of the service will take a big beating. Now they will only rely on 20 rs? With stock market crashing like this, derivatives traders will be wiped out.. What next?

 

[RKSV]

@RKSV

Are there any DP charges on sell side for equity delivery trades or any minimum charges for that matter.

Hi Sunnyraj,

There are no DP charges or minimum charges from RKSV on sell side. You will be charged Rs.5.50 (Actual CDSL charge) + taxes which would come upto Rs.6.50 on selling a scrip per day.

 

[arunpanda]

Hi RKSV,

I am looking for a brokerage firm that can handle a peculiar type of trading strategy. The trade strategy is given below

Say a scrip is trading at 500, I want to place a bracket order with SL 450 and Tgt 550 but if both targets are not hit, I would want to take a delivery. Further, Next day at 9:15 AM I would want to place a new SL and Tgt. In this scenario the SL and Tgt orders are intraday where they expire everyday but the scrip purchase order is a delivery order.

Is this possible?

 

[RKSV]

Hi RKSV,

I am looking for a brokerage firm that can handle a peculiar type of trading strategy. The trade strategy is given below

Say a scrip is trading at 500, I want to place a bracket order with SL 450 and Tgt 550 but if both targets are not hit, I would want to take a delivery. Further, Next day at 9:15 AM I would want to place a new SL and Tgt. In this scenario the SL and Tgt orders are intraday where they expire everyday but the scrip purchase order is a delivery order.

Is this possible?

Hi Arunpanda,

No, this won't be possible. BO are restricted to only intraday and gets squared off everyday.

 

[saakk]

Hi will there be spot intraday charts available in UPSTOXx just like futures of nifty, bank etc??

How long do i have to wait for a reply???

 

[copypasteaee]

How long do i have to wait for a reply???

yes available