Re: new cheapest broker is here. Zerodha
Hi Karan,
you can look at a glass as half full or half empty.. I am looking at it in the optimistic way( half full), my typing speed is going up with every reply..
....
1. explained in previous post..
2. We are working on the video, It is a very basic dealer terminal and very easy to understand. F1 for buy, F2 for Sell, F3 for order book, F8 for trade Book, alt F6 for net position( netwise and daywise(positions of the day)) .. f11 for admin positions(total positions) and surveillance+Rms limits+ view limits for seeing the margin available... .. that is how simple it is .. We have a user manual on our website(TRADE NOW and then you can see user manual on the right bottom)
We are working on the video though, should be up by 18th Dec..
3. Intraday margins on futures is based on SPAN margin decided by exchange.. Today span margin for nifty is 20k, tomorrow if market gets really volatile it can go up to 25k .. But it will not happen on an intraday basis.. Exposure limit is set before markets.. To answer your question, no we will not increase exposure margin intraday...
4. We do intraday square offs between 3.15 and 3.30pm.. But I can't guarantee you when it will happen exactly..
5. Not a very fair question to ask.. But you are welcome to visit our office anytime and fix appointments with whoever you want to meet...
6. You solve a problem when you encounter them.. We are having no issues in regards to customer service, so if you ever have a problem with us will be happy to address them then...
7. why do u want our promoters to be visible on the internet?? The problem in India today is that businessman are egoistic.. Big for a businessman is more offices, more people , plush offices, acknowledgement from anyone and etc... We are doing business differently today, even Nithin who heads will go and open an account for a trader with 5k in his account if all the other executives are busy...
I understand your concern, but the same question you are asking one too many times... Looking forward to have you as a client... Cheers...
@zerodhaonline
hi in my initially post I was writing to one of the members and you probly posted the same time as I was a posting a post directly to you so it looked repeated sry fr it but I felt its better to get the things cleared....
I have some more queries.....
1. The NSE NOW software that you are providing. Is the software version NEAT I read in one post where you wrote (web NEAT). I did not understand it sry but can you explain.
2. How will you give training to your clients such as me. There is no manual on the site nor any videos to how to use the software.
I request you to see the Power Indibulls site as they have done pretty good job with addressing each and every feature of the software. Please see the link you will understand what I mean.
http://power.indiabulls.com/PIBHelp/Index.html
Also see Angelbroking website as they have done good jobs with the videos on how to trade with the software.
3. Sometimes what broker such as mine Indiabulls do is they cut of their default limit of 12 times or any other limit to half i.e 6 times and it will be halfed in FnO segment too I guess without informing their clients about it ( I have no idea what does RM do and why he is getting paid by us if they cant even do that you obviously dont have any RM system ).
My question is do you have any such case where you will half the exposure limit in nse cash market and FnO without informing us ??
4. In any circumstances will you start the auto sq off before 3.10 or 3.15 by yourself ? please mention the situations if that can arise and will the client be informed before you do that ??
In case of Indiabuls it arises only and only if client looses 80% of their a/c bal.
5. Where can we get info on the ppl that are working with you in your management team yes I know its on the website but how can we confirm the same that what its written about them its there and they are actually associated with have interest in the company.
6. You are undoubtedly the cheapest brokerage service provider currently in the country now....because of that you will obviously have rapid increase in your client base I am also thinking to shift to you too completely but only think is say you in 1 to 3 yrs you get say 1 million clients will you able to assure :
Qualty of your service is not hammered
Speed/breakdown while trading wont happen (I guess that wont happen since sofware is connected with nse)
Quick redressal of the queries or complains as you are doing it now.....
there is another co. before you it was the cheapest now its the second cheapest lol.....RK Global but they have low quality service and top of that disconnection from terminals specially during peek hrs.....that is pretty much the reason they lost clients and new ppl are not willing to trade with them so nothing like this in your case right
If I do a simple search I can easily get info on the ppl and all kind of co. info. on the known brokers in India or even abroad but I couldn't get much as I tried searching the names in your management team...
The above doubts sum up my queries and I am ready with a/c opening with you :-D
thx
hi in my initially post I was writing to one of the members and you probly posted the same time as I was a posting a post directly to you so it looked repeated sry fr it but I felt its better to get the things cleared....
I have some more queries.....
1. The NSE NOW software that you are providing. Is the software version NEAT I read in one post where you wrote (web NEAT). I did not understand it sry but can you explain.
2. How will you give training to your clients such as me. There is no manual on the site nor any videos to how to use the software.
I request you to see the Power Indibulls site as they have done pretty good job with addressing each and every feature of the software. Please see the link you will understand what I mean.
http://power.indiabulls.com/PIBHelp/Index.html
Also see Angelbroking website as they have done good jobs with the videos on how to trade with the software.
3. Sometimes what broker such as mine Indiabulls do is they cut of their default limit of 12 times or any other limit to half i.e 6 times and it will be halfed in FnO segment too I guess without informing their clients about it ( I have no idea what does RM do and why he is getting paid by us if they cant even do that you obviously dont have any RM system ).
My question is do you have any such case where you will half the exposure limit in nse cash market and FnO without informing us ??
4. In any circumstances will you start the auto sq off before 3.10 or 3.15 by yourself ? please mention the situations if that can arise and will the client be informed before you do that ??
In case of Indiabuls it arises only and only if client looses 80% of their a/c bal.
5. Where can we get info on the ppl that are working with you in your management team yes I know its on the website but how can we confirm the same that what its written about them its there and they are actually associated with have interest in the company.
6. You are undoubtedly the cheapest brokerage service provider currently in the country now....because of that you will obviously have rapid increase in your client base I am also thinking to shift to you too completely but only think is say you in 1 to 3 yrs you get say 1 million clients will you able to assure :
Qualty of your service is not hammered
Speed/breakdown while trading wont happen (I guess that wont happen since sofware is connected with nse)
Quick redressal of the queries or complains as you are doing it now.....
there is another co. before you it was the cheapest now its the second cheapest lol.....RK Global but they have low quality service and top of that disconnection from terminals specially during peek hrs.....that is pretty much the reason they lost clients and new ppl are not willing to trade with them so nothing like this in your case right
If I do a simple search I can easily get info on the ppl and all kind of co. info. on the known brokers in India or even abroad but I couldn't get much as I tried searching the names in your management team...
The above doubts sum up my queries and I am ready with a/c opening with you :-D
thx
you can look at a glass as half full or half empty.. I am looking at it in the optimistic way( half full), my typing speed is going up with every reply..
....1. explained in previous post..
2. We are working on the video, It is a very basic dealer terminal and very easy to understand. F1 for buy, F2 for Sell, F3 for order book, F8 for trade Book, alt F6 for net position( netwise and daywise(positions of the day)) .. f11 for admin positions(total positions) and surveillance+Rms limits+ view limits for seeing the margin available...
.. that is how simple it is .. We have a user manual on our website(TRADE NOW and then you can see user manual on the right bottom)We are working on the video though, should be up by 18th Dec..
3. Intraday margins on futures is based on SPAN margin decided by exchange.. Today span margin for nifty is 20k, tomorrow if market gets really volatile it can go up to 25k .. But it will not happen on an intraday basis.. Exposure limit is set before markets.. To answer your question, no we will not increase exposure margin intraday...
4. We do intraday square offs between 3.15 and 3.30pm.. But I can't guarantee you when it will happen exactly..
5. Not a very fair question to ask.. But you are welcome to visit our office anytime and fix appointments with whoever you want to meet...
6. You solve a problem when you encounter them.. We are having no issues in regards to customer service, so if you ever have a problem with us will be happy to address them then...
7. why do u want our promoters to be visible on the internet?? The problem in India today is that businessman are egoistic.. Big for a businessman is more offices, more people , plush offices, acknowledgement from anyone and etc... We are doing business differently today, even Nithin who heads will go and open an account for a trader with 5k in his account if all the other executives are busy...
I understand your concern, but the same question you are asking one too many times... Looking forward to have you as a client... Cheers...
