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@Sachin,

About the commodity trading, im curious if the paper work can be sorted out before the all efficient govmnt body does its part. I mean can i courier the form that i want to open commodity trading account, so that when it happens there wont be much delay?

Above all thanks fr the patience in replying to all the questions beings asked, my god some of the questions have been repeated multiple times n some of them r self help kinda ...but hats off to you man.
LoL, i dont want to miss this boat as well :)
 

Zerodha

Well-Known Member
@Sachin,

About the commodity trading, im curious if the paper work can be sorted out before the all efficient govmnt body does its part. I mean can i courier the form that i want to open commodity trading account, so that when it happens there wont be much delay?

Above all thanks fr the patience in replying to all the questions beings asked, my god some of the questions have been repeated multiple times n some of them r self help kinda ...but hats off to you man.
Yes, we are going to have the account opening forms by next week...
 
@newbie, this is a longer term plan and will probably take a long while before it materializes....Will keep you all updated...
Thanks..........for the "short-term" though, let me make a suggestion & see if it'd be feasible for you guys.

Ok, would it be possible for you guys to offer MetaTrader on an "on-demand" basis given that the individual clients are willing to bear its costs? (I've read/heard it'd be about a couple of thousand per month, is it so? :confused:)

Even if you provide it on an "on-demand" basis (while keeping NOW &/or Odin for those who can't afford it), it'd be a revolutionary move in the Indian broking-industry & when you couple that with your brokerage-plans, I'm sure it'll garner attention of even more serious-traders, HNIs & such so that'll help your business as well.

Further, if you can garner enough clients willing to pay for it then you might be able to bargain for a lower cost with the owners & thereby attract even more traders & business for yourselves.

If it's a couple of thousand per month then sure as hell, I wouldn't mind paying for MetaTrader for the wonderful piece of trading-weaponry that it is :D (as it is, many people pay a fair amount of money for eSignal, Amibroker, etc etc anyway)

May be I'm day-dreaming but still.......:lol:
 

Zerodha

Well-Known Member
Nithin says Quote " On the verge of starting commodities broking(0.01% or Rs 20 per executed order whichever is lower) we need an opinion from all of you.. When I was in school my dad had promised me a hero ranger cycle if I scored above 80% and that was the only year I scored over that :) ..We are not happy by offering you only a low cost platform, we want everyone involved to make money as well... So would it help if we said(for commodities trading only), You make money for yourself trading commodities for 60 trading days together and as an incentive we refund you whatever little brokerage charged??? Let us know what you think. You can also shoot an email to [email protected] to bounce off any other idea that you think might spice it up for you. :)...
 
Nithin says Quote " On the verge of starting commodities broking(0.01% or Rs 20 per executed order whichever is lower) we need an opinion from all of you.. When I was in school my dad had promised me a hero ranger cycle if I scored above 80% and that was the only year I scored over that :) ..We are not happy by offering you only a low cost platform, we want everyone involved to make money as well... So would it help if we said(for commodities trading only), You make money for yourself trading commodities for 60 trading days together and as an incentive we refund you whatever little brokerage charged??? Let us know what you think. You can also shoot an email to [email protected] to bounce off any other idea that you think might spice it up for you. :)...
Any why only commodities? Are we step children, trading Nifty Futures?
 
what is the point in returning money to someone who is already making it from the market.... Your brokerage would mean nothing to him....

You must refund money(brokerage) to the ones who lose it for 7 consecutive days... That would puch people to try commodities.... Coz ppl generaly stay away from them considering them risky....

Nithin says Quote " On the verge of starting commodities broking(0.01% or Rs 20 per executed order whichever is lower) we need an opinion from all of you.. When I was in school my dad had promised me a hero ranger cycle if I scored above 80% and that was the only year I scored over that :) ..We are not happy by offering you only a low cost platform, we want everyone involved to make money as well... So would it help if we said(for commodities trading only), You make money for yourself trading commodities for 60 trading days together and as an incentive we refund you whatever little brokerage charged??? Let us know what you think. You can also shoot an email to [email protected] to bounce off any other idea that you think might spice it up for you. :)...
 
I m zerodha guy ....
Its a very fast and very reliable and easy to use platform
browser base trading is very speedy
also all live streaming with browser is also very good
i m with zerodha with january-2010 so its a very good to trade with it ...
 
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