Zerodha....

[Zerodha]

hello sir..
i have talked with mr sachin on 28 th december..
but i ve not got the courier copy of the from yet
have the soft copy what u have send me on that within 5 minute..
so what do i do now?
print the form?
and i m opening trading account.
so how much money i ve to write in cheque if i print out the form fr trading account only.?
300 or 200..
please clarify sir...:clapping::clapping::clapping:.

Yes, if you are printing the form and sending it to us, cheque for Rs 200 will do... Cheers..

 

[Zerodha]

Hi Sachin,

As you are providing the NOW platform for trading and I read the posts mentioning that NOW platform provides minimum charting. I even found few posts mentioning as "similar to odin"

Can you tell me what minimal indicators NOW platform supports?

And I also read that NOW platform will upgrade the charting facility. When can we expect that to happen? Any timeframe?

Yes charting is very similar to what is available on ODIN, charting is much better on TAME (different application offered by NSE). TAME has upwards of 30 indicators...

 

[Zerodha]

Hello zerodha

Regarding futures can i convert already holding futures into intraday if yes wat r the charges for doing so? N how can do so on now exe

In futures trading, there is no concept of intraday or holding.. The idea is if you have 40000 in your account, you can buy 3 lots as an intraday position on nifty, but hold only 1 lot for overnight..So assuming you bought 3 lots(margin blocked around 33k) in the morning, you need to make sure that you exit 2 lots before 3.10 or else we square of 2 lots for you and you continue holding 1 lot... Or else you can buy only 1 lot and you don't have to worry about any squaring off or anything like that...

 

[trader15]

Re: Account Opening : Requirements

Have been trying to find account opening details in the threads. But its in bits and pieces. Can you either point me to thread where you have already replied or answer questions below: Thanks in advance

1. Form: Will download the form or register to get soft copy mailed. Will take printout and send across.

Q: What all places do i need to sign. Can you specifiy
Q: Will the demat forms be included in the copy u send or do i need
to download from IIFL
Q: How many photographs are required

2. Account Opening fees: Total fees and cheques to made payable
Q: Rs. 500 cheque : As per your latest update, Rs. 500 will suffice as
i'll be taking printout. Correct?

3. Supporting Documentation: What all supporting documentation required:
Address proof, PAN Card and ??

Q: Address Proof: Will copy of electricity bill work ?
Q: Derivatives Documentation: What all documents to be submitted for
trading derivatives

4. Verification/KYC: How do you conduct KYC/Verification since you are
based out of Blore only.

Any answers.

 

[Zerodha]

I spoke to an RM of a big brokerage and he has not heard of your company

To teach these guys a lesson, you should hit the media with a vengeance.

I found one post of yours very interesting, can you elaborate on that a little bit?

You mentioned that as soon as RM's get a margin cheque, thy are give a target of generating 50 % of that as brokerage.

Can you write a bit more on how RM's do bad practices and mislead investors just to reach their targets?

As Suraj is saying, hitting the media would not be part of our business model(we can't advertise on media and work at these rates). We believe it is viral that will work for us and the whole model is built around the idea that a happy customer will be our mouth.

As far as RM's are concerned, all the unethical practices are pretty well known. Getting people to trade more to generate brokerage than for the merit of the trade..

We are in our first year of operations, you will see the real us only from April this year, we have a lot of innovative ideas that should help traders...There is no need to teach anyone a lesson, just a matter of time people start hearing about us...

Cheers..

 

[Zerodha]

Re: Account Opening : Requirements

Any answers.

Already answered in previous page..

1. The online form has both demat and online forms.. Signatures are numbered, you just have to follow the sequence... We have an instruction sheet and you have to just follow them... 2 photos required..

2. Yes Rs 500 will suffice if you are printing your forms...

3. Yes latest electricity bill will do for address proof, a copy of PAN card and for Derivatives: IT acknowledgement, Form 16, Pay slip, Demat holding statement, 6 months bank statement, anyone would do...

4. KYC is done on a webcam...

 

[desikid123]

hello guys

i am getting following rejections while placing sell order for mini nifty future can some1 interpret the same for me...

many thanks

 

[anayash]

Thanks,

30 pages of trading and around 20 pages of demat ... Yes printing the forms would be a much faster way of doing it... If you are printing the forms, we have started to give Rs 100 discount on account opening, which should take care of the printing costs.. The account opening fees would be Rs 500 for demat and trading... Cheers..

Why didn't you offer such discounts a month & a half back?

I printed my own forms & still paid 600! not dat i mind!

 

[Zerodha]

hello guys

i am getting following rejections while placing sell order for mini nifty future can some1 interpret the same for me...

many thanks

All f&O orders have to be placed using the NRML drop down in the order type.. The first error is because of that, the Second one is a prize freeze, you would have placed an order more than 1000 points away on nifty, you might have placed a buy order for 610 instead of 6100 or similar such error..

 

[Zerodha]

Why didn't you offer such discounts a month & a half back?

I printed my own forms & still paid 600! not dat i mind!

Our bad that we didn't do it before... ... Changing for better..