Zerodha - Number One Discount Broker in India

[wabuf]

@zerodha

why date is different in renko chart? though in kite its correctly showing date separation. I have total zoomed in and out buts its still the same ? please help me !

Thanks

 

[megapixel]

Yes, group of CA's have come together for the initiative, very similar to say cleartax and all. Not limited to zerodha customers, anyone trading and investing.

The CA's are all who understand the markets, that is the biggest benefit.

whats the approx charge for ITR-IV filing ?

 

[Smart_trade]

whats the approx charge for ITR-IV filing ?

They have indicated Rs 6500 if no audit and Rs 10000 if audit is required.These are in line with the fees CAs are charging outside.

Smart_trade

 

[comm4300]

They have indicated Rs 6500 if no audit and Rs 10000 if audit is required.These are in line with the fees CAs are charging outside.

Smart_trade

Thanks. I guess there is a element of "number of trades" as well wrt to fees charged.

My CA charges me 15k + taxes for audit.

 

[lemondew]

They are providing help on notices received as well. Thats been a concern area for many traders

 

[Raj232]

Hello Zerodha,

Can your rates offered by Zerodha beat those of Wisdom Capital ? :thumb:

Wisdom Capital offers 4 different plans to suite your trading needs:

Rs 9 per trade Plan
This Wisdom Capital trading plan offers trading at flat Rs 9 per trade irrespective to the size of the trade. The brokerage is charged at Rs 9 per executed order. Trading is available at NSE and MCX stock exchanges in equity, commodities and currency derivative segments.

Rs 999 per month Plan
This trading plan offers unlimited monthly trading at flat Rs 999 per month per segment.

Rs 5555 per year Freedom Plan
This plan offers unlimited trading for flat Rs 5555 per year. Rs 5555 is the trading fee for one full year unlimited trading with unlimited exposure. Additionally you will get free demat account for one year absolutely free. This plan best suits to active traders.

Rs 9999/Segment Lifetime Freedom Plan
This plan offers unlimited trading for life time. 9999/- is the trading fee for lifetime unlimited trading with unlimited exposure. Additionally you will get a demat for lifetime absolutely free with this Plan.

Kindly respond Zerodha ....

 

[columbus]

There is need for ZERODHA to lower brokerage charges and introduction of Monthly / Yearly charges also ,to keep themselves in this
competition.

 

[columbus]

Re: KITE

We require 2 min Timeframe in KITE also.

 

[deba72]

Hello Zerodha,

Can your rates offered by Zerodha beat those of Wisdom Capital ? :thumb:

Wisdom Capital offers 4 different plans to suite your trading needs:

Rs 9 per trade Plan
This Wisdom Capital trading plan offers trading at flat Rs 9 per trade irrespective to the size of the trade. The brokerage is charged at Rs 9 per executed order. Trading is available at NSE and MCX stock exchanges in equity, commodities and currency derivative segments.

Rs 999 per month Plan
This trading plan offers unlimited monthly trading at flat Rs 999 per month per segment.

Rs 5555 per year Freedom Plan
This plan offers unlimited trading for flat Rs 5555 per year. Rs 5555 is the trading fee for one full year unlimited trading with unlimited exposure. Additionally you will get free demat account for one year absolutely free. This plan best suits to active traders.

Rs 9999/Segment Lifetime Freedom Plan
This plan offers unlimited trading for life time. 9999/- is the trading fee for lifetime unlimited trading with unlimited exposure. Additionally you will get a demat for lifetime absolutely free with this Plan.

Kindly respond Zerodha ....

Can you respond on the following questions please :

1. Why Wisdom Capital is a 'faceless' organization ? Unlike other broking houses, why there is no mention of Promoters/Directors/Management teams in their website ?

2. Under which name Wisdom capital is registered in NSE / BSE. There is no mention of Wisdom capital in NSE / BSE membership directories in their respective websites.

3. Why the Nifty outlook page has not been updated in their website after Feb,2013 ?

 

[Raj232]

Can you respond on the following questions please :

1. Why Wisdom Capital is a 'faceless' organization ? Unlike other broking houses, why there is no mention of Promoters/Directors/Management teams in their website ?

2. Under which name Wisdom capital is registered in NSE / BSE. There is no mention of Wisdom capital in NSE / BSE membership directories in their respective websites.

3. Why the Nifty outlook page has not been updated in their website after Feb,2013 ?

Answers:
1. As per http://wisdomcapital.in/faq-safety-of-funds/ the directors mentioned are: Mrs Sudeshna Mukherjee and Mr Pralay Shankar Chakraborty are Directors/Owner of this Company among others.

2. Wisdom Capital seems to be sub-broker if i'm not mistaken. They partner with other brokers, eg Aliceblue, F6Finserve etc. so their names might not be in the NSE/BSE websites

They surely are registered with SEBI: SEBI Registration Numbers : NSE CM : INB 231467334, F&O : INF 231467334 • Dated : 25-10-2012, CDS : INE 231484739 • Dated : 17-04-2013.

3. I'm assuming (could be wrong) that after breaking up with F6Finserve, their analysis portal is not being updated. But, I so far have not seen any reports in newspapers that their clients have been duped.

If i'm not mistaken, their sister concern DPL Online now. DPL Online is quite active on TJ as well.. Rs 999 p.m. unlimited trading + DP a/c free.

Forget Wisdom Capital and DP Online... even SAS Online offers UNLIMITED trading per month @ Rs 999 + DP a/c free.

Please Note: I'm NOT trying to promote Wisdom Capital or DPL online. I'm just asking why not match those rates. I'm sure its feasible if one can offer those then why not the other.
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