Zerodha....

[Zerodha]

So,unlike other brokers I suppose there wont be questions for withdarwing money ?
I had a bad experience with another broker, I had to give him reason for withdrewing money, since he thought i m leaving him

We have automated all the processes and the best bit for our clients is that no one working at Zerodha have any kind of brokerage targets....:clap: ... So no pushing trades on clients, no holding back fund withdrawals, etc etc etc etc...
Our targets are keeping the customers happy... ... and everyone involved at Zerodha believe that happy customer = More customers = More Revenue... ...

Looking to have you on board...

cheers...

 

[Zerodha]

how to link my current demat account with zerodha trading account

You can attach copy of a demat statement or any other statement with your name and dp number on it...

 

[jayan12]

Hi

Supposing I want to buy and sell ONE LOT of nifty futures, What is the CLEARNACE CHARGE I have to pay?


Thanks

 

[Zerodha]

How to see stocks bought in cnc? that is stocks in my demat account?

In NOW platform you have a link to watch your holdings...You can also login to backoffice and look at the volume analysis... Another way to do it is by logging into the ILFS account... You would have received id and password from ILFS for the same....

 

[2021]

My IPV was done today and I already have zerodha a/c linked to sbi demat. So how much time will it take to get ILFS dp? Just curious.

You missed my post again.

If I made fund withdrawl request at evening will money come at bank a/c by morning tomorrow or by monday? If monday than I've to arrange fresh money to transfer for trading, if tomorrow II can use money in weekends.

 

[pranay1986]

Re: Zerodha....Query on Writing options

A lot of people try to venture out to make a couple of bucks on an out of the money option, but if you look back, historically this will loose you a lot of money in months like this and because it is out of the money, stop losses are usually tough to keep... These months will loose you money that you would have made in 11 months of making tiny bits on deep OTM options...

What I was referring to was, writing options even for you day trades... 95% of traders don't do it, but if you back test any trading system, choosing option writing over option buying and futures trading, increase the chances of winning...

That apart, now that all stock options are european, safer to write stock options.. But the risk on stock options is that it can get illiquid and make it really tough to exit a trade....

As far as brokerage is concerned, with us it is 20Rs an executed order for whatever you do.... ...

Best of luck with your option trades....

Cheers...

I have an account with you only.. But worried considering the STT charges involved in futures trading so was asking regarding option writing whether the cost structure of brokerage is the same as like for Options buying or futures ?

Regards,
Pranay

 

[Zerodha]

You missed my post again.

If I made fund withdrawl request at evening will money come at bank a/c by morning tomorrow or by monday? If monday than I've to arrange fresh money to transfer for trading, if tomorrow II can use money in weekends.

I thought I answered your post.. anyways,... I really can't make out your name from 2021 ... If you can leave your name and number on india@zerodha will find out and have someone call you...

Fund withdrawals depends on the bank account you have... If it is hdfc, you put a withdrawal on friday , it will hit your account by friday night, other banks , sometimes happens same night and sometimes it happens by next day afternoon... Cheers..

 

[Zerodha]

Re: Zerodha....Query on Writing options

I have an account with you only.. But worried considering the STT charges involved in futures trading so was asking regarding option writing whether the cost structure of brokerage is the same as like for Options buying or futures ?

Regards,
Pranay

Yes you are right, especially with us, the stt that you pay will be much higher than the brokerage you will pay to Zerodha for futures trading...

Options writing and futures trading have its own adv and disadvn... You might get a 10 point move on nifty and options may not move at all... if you are trading futures, you can exit and make a quick buck...

But you might have 3 or 4 flat future trades and realize that suddenly you have paid too much stt... ...
stt for futures is 0.017%(selling side) on contract value, nifty buy and sell at 6000, 6 lakhs turnover, 52rs is the stt...
stt for options is 0.017% of premium rather than contract value...so an option trading at 60 rs, buy and sell premium turnover is Rs 6000, Stt is Rs 0.52...

So yes option trading has lesser stt, but should be able to adapt.. there is thing I had heard about people who can make money in the markets: "The test of first rate intelligence is the ability to hold opposing ideas in the mind at the same time and still retain the ability to function."

Cheers....

 

[mihirpalai]

You can attach copy of a demat statement or any other statement with your name and dp number on it...

from where to get demat statement

 

[jayan12]

Hi

Supposing I want to buy and sell ONE LOT of nifty futures, What is the CLEARNACE CHARGE I have to pay?


Thanks

Hi..zerodha.. please reply to my this question ..thanks