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soft_trader

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Take a look at IDBI bank. Zero balance accounts. zero charges for anything. not even dd. I am surprised other banks are still having customers. NO strings attached. debit card... free. net banking.... free. cheque book leaves extra... free...
I think that you are not aware of the recent changes in IDBI. Earlier everything was free except the check bounce charges in IDBI, but from December 15, 2011 onwards they have withdrawn most of the free facilities. I can say this because I am also holding a savings account with IDBI.

The Minimum balance is still Zero, but many of the charges which was free such as NEFT charges, Extra cheque book charges, other bank ATM usage were introduced.
 
No. They haven't spoken about any zero brokerage or anything like RKSV, but said that they will come up with some bumper scheme by the end of Jan (or thereabouts).


.........Waiting, Zerodha.
How is this new RKSV unlimited trading platform with monthly fix price in of Rs 1947.

Wow.. what a freedom figure they have selected:D

How is this different from Zerodha?
 
So Zerodha, 90% are paying <2000 pm brokerage. I guess you will find some kind of average and make it the upper monthly limit ??? Say Rs. 1000 per month or less -- something of that sort ?

OTOH, your thinking may go something like these "These 90% aren't going anywhere, so maybe it won't be worthwhile to pamper those 10%". :( :( :down:

Ha !! Bugger it.. too much suspense. Only a few days more to go, or less.
How is this new RKSV unlimited trading platform with monthly fix price in of Rs 1947.

Wow.. what a freedom figure they have selected:D

How is this different from Zerodha?
They are using the same platform, of course, so the trading platform is not the issue. The brokerage maybe, for those who are paying more than 1947 + 10.3%. Then there is the issue of advance payment. RKG with its Rs.999 plan looks good too. OTOH, Zerodha said that they will come out with some scheme soon. Wait & watch.
 
TO BUZZ,
RKSV is good with no hidden charges.only Brokerage 0f 1947+service tax has to be paid..If the trading is not done in a month, that month is not charged.They also provide now.no software charges.only draw back when compared with zerodha is 60% intraday futures margin requirement. They promised to reduce the future intraday margin requirement to 40% after some time.Account opening done in 24 hours after my application reached them.I am using rksv and I am delighted with thier service.
 
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TO BUZZ,
RKSV is good with no hidden charges.Brokerage 0f 1947+service tax has to be paid,in the next month like post paid mobile connection.If the trading is not done in a month, that month is not charged.They also provide now.no software charges.only draw back when compared with zerodha is 60% intraday futures margin requirement.Account opening done in 24 hours after my application reached them.I am using rksv and I am delighted with thier service.
Hello, hello ksp191. I think they charge it in advance. Can you please clarify this ? This is what is mentioned in their thread.
 
TO timepass,
I already opened the account and trading. The brokerage is not deducted till now.Yes you are correct, they stated that they bill it at the beginning of month.I After checking with their website,I edited my earlier post.
 
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GTji

Active Member
Hello Sir/Ma'am,

As a part of my MBA curriculum, I am doing a research on "Investors willingness towards discount brokers".

I would request you to please spare 2 mins. to fill my questionnaire.

Kindly fill in the attached questionnaire link: https://qasiatrial.asia.qualtrics.com/SE/?SID=SV_cx9zz0d9r3xXJpq

Thank you very much in advance. Your response would be very much valuable for my work.
It would be great if you can publish the results of your survey on this forum.
 
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