Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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@jay,
We are working only out of Bangalore and we support client from every part of the country who trade online...
1. There is only one plan now, 0.01%/0.1% or Rs 20 per executed order whichever is lower...
2. amc for trading =0 , for demat = 400/yr
3. Instant payin and payout within 24 hours and both free of cost...
4. Yes already applied for BSE membership, should be available in the next few months..
5.For 10k in your account, you will get 3 to 10 times for intraday leverage based on the stock you are trading... No leverage for overnight positions...
6. NSDL account..
7. Yes you can place offline orders, we also have after market orders...
8. In equity segment, you have to mention before entering a trade if it is intraday or overnight, not required for derivatives trading... By 3.10, you need to convert your intraday to overnight, if you don't system will auto square off...
We are working only out of Bangalore and we support client from every part of the country who trade online...
1. There is only one plan now, 0.01%/0.1% or Rs 20 per executed order whichever is lower...
2. amc for trading =0 , for demat = 400/yr
3. Instant payin and payout within 24 hours and both free of cost...
4. Yes already applied for BSE membership, should be available in the next few months..
5.For 10k in your account, you will get 3 to 10 times for intraday leverage based on the stock you are trading... No leverage for overnight positions...
6. NSDL account..
7. Yes you can place offline orders, we also have after market orders...
8. In equity segment, you have to mention before entering a trade if it is intraday or overnight, not required for derivatives trading... By 3.10, you need to convert your intraday to overnight, if you don't system will auto square off...
Hi sachin
you were supposed to call me regarding my account opening in which i require margin against stock i can understand you might have forgotten
AS you told that now you are ready to provide margin against stock to some one on the forum and also on phone to me i sent a e-mail to [email protected]
But i got a different reply then what you told me this time , it said that i need to bring in 30 % of the margin on cash only which is similar to what you told me 3 months back that i will have to bring in 50 % of the margin in cash and rest is provided against the stock in my Dp
kindly FIX it for once as i have already told my broker that i am shifting part of the account now as he charges me .005 brokerage which is high and getting same deal some where else for 20 Rs per order , i will look very stupid if i dont transfer my account now even though partly
Bringing in 30 % or 50 % in cash after proving stocks dont suit me as i do not save that kinld of money in brokerage and on phone and on forum you also told me that cash margin for selling futures issue is fixed now
Kinldy open my account and provide me margin as i have been trying to open the account since march 2011 and it was pending due to this margin issue
Akash
you were supposed to call me regarding my account opening in which i require margin against stock i can understand you might have forgotten
AS you told that now you are ready to provide margin against stock to some one on the forum and also on phone to me i sent a e-mail to [email protected]
But i got a different reply then what you told me this time , it said that i need to bring in 30 % of the margin on cash only which is similar to what you told me 3 months back that i will have to bring in 50 % of the margin in cash and rest is provided against the stock in my Dp
kindly FIX it for once as i have already told my broker that i am shifting part of the account now as he charges me .005 brokerage which is high and getting same deal some where else for 20 Rs per order , i will look very stupid if i dont transfer my account now even though partly
Bringing in 30 % or 50 % in cash after proving stocks dont suit me as i do not save that kinld of money in brokerage and on phone and on forum you also told me that cash margin for selling futures issue is fixed now
Kinldy open my account and provide me margin as i have been trying to open the account since march 2011 and it was pending due to this margin issue
Akash
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Hello
Sorry if this one is already answered, big thread and could not search this query.
I checked the F&O Brokerage Calculator on your site, with this result.
1. The brokerage is shown as Rs 40 but the Service Tax which should be just 12% is shown as Rs 58 not sure how this calculation works?
2. What is this "Total Tran Charge" ?
Seems from above the service tax is also applicable on this "Total Tran charge",
shouldn't the service tax be only applicable to the money a client pays to you for your service(i.e. brokerage) ?
Thanks
Sorry if this one is already answered, big thread and could not search this query.
I checked the F&O Brokerage Calculator on your site, with this result.
Code:
Turnover 10000000
Brokerage 40
Stt Total 850
Total Tran Charge 540
Service Tax 58.00
Education Cess 1.16
Higher Edu Cess 0.582. What is this "Total Tran Charge" ?
Seems from above the service tax is also applicable on this "Total Tran charge",
shouldn't the service tax be only applicable to the money a client pays to you for your service(i.e. brokerage) ?
Thanks
You can link your existing demat, the only issue would be you can take delivery to that demat, but while selling shares you will not be able to sell it through us...
If you want to both buy and sell delivery, you need to open a demat with us as well...
No Turnover commitment or any upfront brokerage or anysuch riders...
If you want to both buy and sell delivery, you need to open a demat with us as well...
No Turnover commitment or any upfront brokerage or anysuch riders...
Hi Akash, most of the clients who put stock as margin don't typically do your kind of trades (arbitrage)... They are going for directional trades... In this case we ask for 30% cash as well to ensure that all mtm risk is taken care off...
Give me a a few more days, will call you back after finding a fix... Presently the systems we have set would ask for this 30% cash margin as well...
But if you are buying stock and selling futures, in this case we would not need not as much margin...
Will get back to you on this...
Give me a a few more days, will call you back after finding a fix... Presently the systems we have set would ask for this 30% cash margin as well...
But if you are buying stock and selling futures, in this case we would not need not as much margin...
Will get back to you on this...
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