Zerodha....

[Newbie Day-Trader]

Dear Zerodha,

Have you made further progress on the BSE trading facility? By when can we expect to hear the khushkhabri of trading in BSE listed stocks?

And why this sudden spurt in complaint regarding your brokerage charges etc. Have you changed anything?

Thanks

Well, it's not "spurt of complaints" as such The issue brought up by "comm4300" is a known issue i.e. that Zerodha's calculators don't include Stamp Duty & SEBI charges......so the actual cost comes to be more than what their calculator shows.

While I've merely reposted one of the earlier cases & since that poster hasn't posted after that it can be safely assumed that the issue was RESOLVED.......I've just reposted it to enquire into what the issue was.

Cheers

Hi Zerodha
Any update on MCX commodity trading. I waiting eagerly to hear the good news....please make it happen soon.

Zerodha has mentioned many a times already that it is not in their hands because government's approval-agencies work very slowly.........& hence the delay. Cheers

 

[comm4300]

Dear Zerodha,

And why this sudden spurt in complaint regarding your brokerage charges etc. Have you changed anything?

Thanks

to add....i was just showing my friend [potential client and my referee] about the cost savings where i discovered the difference between contract note and web calculator....so had to ask...that's all.


no complaints....at all !!! :thumb:

 

[Naveen Kumar]

Zerodha,

Do you charge any Interest or Fee for using the Margin Facility in Trading ? If so what is the Interest you charge for availing Margin Facility ?

 

[Zerodha]

Zerodha,

Do you charge any Interest or Fee for using the Margin Facility in Trading ? If so what is the Interest you charge for availing Margin Facility ?

Presently we provide margins only for intraday positions and no we don't charge anything for this...

 

[sayantan2u9]

@zerodha

how much account balance is required to hold 1 lot of nifty?

 

[Zerodha]

@zerodha

how much account balance is required to hold 1 lot of nifty?

To hold it overnight around 25k..For intraday around 40% of this... Cheers....

 

[Zerodha]

Hi !

Either you or Zerodha are misguiding to fellow members about web calculator and actual contract note loss/profit difference.

If it is only STT, why dont you include in your web calculator too?

I think that would be fair enough?

Or Zerodha is scared that the charges would come similar as other brokers charge? may be their Rs. 40 per buy/sell trade would not be so effective to tell people And some how it is true.

I even have asked twice and Zerodha mentioned there is no difference.

See Post #4790

However I still see the difference.

I dont know whom to believe?

@buzz,

I already told you everytime you have posted this question, the brokerage calculator is exactly the same...

Stamp duty component becomes tough to show on the brokerage calculator as it is 0.01% with max of 50 per day... This can't really be shown on the calculations side of the calculator and hence on the calculator it is clearly mentioned at the bottom....

http://zerodha.com/main/calculator/calcs.html

I have already told you twice before, if you personally don't understand how it works and have a confusion on the same, I will call you and let you know how to read it... To do that I will need to know whom to call and what his problem is.... Send your client id to [email protected] with Sachin in the subject... Will give you a buzz on this...

Cheers...

 

[Raju]

Sachin,

I would also like to request you to add the missing in calculator.I am preparing a plan but am not able to actually calculate how much would be net loss ( Currently only loss is calculated by me )

Regards,
Raju

 

[Zerodha]

Sachin,

I would also like to request you to add the missing in calculator.I am preparing a plan but am not able to actually calculate how much would be net loss ( Currently only loss is calculated by me )

Regards,
Raju

.. .Hi Raju, Including stamp duty on calculator can be a little misleading....

For eg, assume you bought and sold 2 lots of nifty 5 times a day... You are paying only Rs 50 as stamp duty... But if you use the calculator and we have this component, you will think you have paid Rs 250 as stamp duty.... Was causing a lot of confusion for all our prospective clients...

Hence we have mentioned the stamp duty component separately...

 

[ambarish123]

@zerodha hi i am opening a new acc with u and i am adding a second holder also .what all documents are required for adding secound holder?