Zerodha....
- Thread starter bharath.mang
- Start date
- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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We had posted this sometime back, commodities got delayed because of unforeseen circumstances....
" 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. ... "
We have decided to push the metal on the pedal, we are going to be giving you all a late diwali, newyear and a valentine day gift.....
We are going to run this on all exchanges, equity, currencies and commodities. Yes!! Commodity forms will be available on our website from Wednesday onward!!!Trade with us, Make a profit for yourself and as a reward get back the little brokerage paid as well...No questions asked, no commitments... Trade Brokerage free....
We will put the details up in the next few days, keep following...
" 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. ... "We have decided to push the metal on the pedal, we are going to be giving you all a late diwali, newyear and a valentine day gift..
... We are going to run this on all exchanges, equity, currencies and commodities. Yes!! Commodity forms will be available on our website from Wednesday onward!!!Trade with us, Make a profit for yourself and as a reward get back the little brokerage paid as well...No questions asked, no commitments... Trade Brokerage free....
We will put the details up in the next few days, keep following...
We had posted this sometime back, commodities got delayed because of unforeseen circumstances....
" 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. ... "
We have decided to push the metal on the pedal, we are going to be giving you all a late diwali, newyear and a valentine day gift.....
We are going to run this on all exchanges, equity, currencies and commodities. Yes!! Commodity forms will be available on our website from Wednesday onward!!!Trade with us, Make a profit for yourself and as a reward get back the little brokerage paid as well...No questions asked, no commitments... Trade Brokerage free....
We will put the details up in the next few days, keep following...
" 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. ... "We have decided to push the metal on the pedal, we are going to be giving you all a late diwali, newyear and a valentine day gift..
... We are going to run this on all exchanges, equity, currencies and commodities. Yes!! Commodity forms will be available on our website from Wednesday onward!!!Trade with us, Make a profit for yourself and as a reward get back the little brokerage paid as well...No questions asked, no commitments... Trade Brokerage free....
We will put the details up in the next few days, keep following...
Guys, if you know us, I am sure you will know that we won't put in conditions like these... ..
We are going to put up a detailed explanation on all aspects, there is another interesting aspect which might excite some of you, which is still not explained...
But for starters,
From the first day you trade after feb 14th, 60 market days(doesn't matter if you trade or you don't) if your account is positive, you get back the brokerage... No other conditions, like minimum number of trades, minimum volume, nothing of those sorts....
So for eg, on 15th feb if you had 1lk in your account and on the 60th day( market day: day when market is open) your account has 1.01lks, you get back whatever little brokerage you had paid during this period...We will give you a link on the backoffice, you go click saying credit back my brokerage and by the end of day,whatever brokerage was charged will be credited to your trading account...
of course, we will not consider the money transferred from your bank or money received by selling shares in your holding....You just have to be net profitable...
We will fill you in on all the details by monday evening...
.. We are going to put up a detailed explanation on all aspects, there is another interesting aspect which might excite some of you, which is still not explained...
But for starters,
From the first day you trade after feb 14th, 60 market days(doesn't matter if you trade or you don't) if your account is positive, you get back the brokerage... No other conditions, like minimum number of trades, minimum volume, nothing of those sorts....
So for eg, on 15th feb if you had 1lk in your account and on the 60th day( market day: day when market is open) your account has 1.01lks, you get back whatever little brokerage you had paid during this period...We will give you a link on the backoffice, you go click saying credit back my brokerage and by the end of day,whatever brokerage was charged will be credited to your trading account...
of course, we will not consider the money transferred from your bank or money received by selling shares in your holding..
..You just have to be net profitable...We will fill you in on all the details by monday evening...
1.Most of traders needs two things live quotes and integration to their TA app like metastock, AMibroker etc. If you can make mix of these two in one, it can be dynamite.
2.I found NOW, NOW with Nest charts are broken apps. NEST and NOW are not truely international quality products. We need improvement here.
3. If following order type are supported, I am sure it will increase chance of winning brokerage back.
a.TRAILING STOP - stop order that continually adjusts the stop price based on changes in the market price. A trailing stop to sell raises the stop price as the market price increases, but does not lower the stop price when the market price decreases. A trailing stop to buy lowers the stop price as the market price decreases, but does not increase the stop price as the market price increases. In both cases, the stop "trails" the market price. When the stop price is reached, the order becomes a market order. The same risk of market orders applies to trailing stops.
b.TRAILING STOPLIMIT - this order type works the same way as the trailing stop, only instead of a market order being sent to the exchange, a limit order will be sent to the exchange. With this order, you will be able to stipulate the worst price you are willing to accept for a fill. There is no guarantee that you will be filled, though, as the price may gap through your limit price.
c. MOC (Market on Close) - order that buys or sells at the market price at the close of trading. You must submit the order by 2:40 pm CT. The same risk of market orders applies to MOC orders.
d. LOC (Limit on Close) - order that buys or sells at a limit price at the close of trading. You must submit the order by 2:40 pm CT. The order can be filled at the limit price or better, but is not guaranteed a fill.
e. In addition to the Standard STOP order which is sent to the exchange, we have created 3 new STOP order types. The "Mark" stop order will be triggered once the Mark or value of the asset reaches or surpasses your stop price. The "Bid" stop order will be triggered once the bid of an asset rises to your stop price or surpasses it (this can be used for a Buy Stop order). The "Ask" stop order will be triggered if the ask price falls to your stop price or surpasses it (this can be used for a Sell Stop order). https://www.thinkorswim.com/tos/displayPage.tos?webpage=servicesOrderTypes&displayFormat=hide#
f. Support for Bracket orders: Bracket orders are designed to help limit your loss and lock in a profit by "bracketing" an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. A SELL order is bracketed by a high-side buy stop order and a low side buy limit order.
update:I had discussion with Zerodha guys, NSE considers point no. 3 as part of algo trading, it's allowed for PRO but not for Retail clients. So it's not in hands on Zerodha.
2.I found NOW, NOW with Nest charts are broken apps. NEST and NOW are not truely international quality products. We need improvement here.
3. If following order type are supported, I am sure it will increase chance of winning brokerage back.
a.TRAILING STOP - stop order that continually adjusts the stop price based on changes in the market price. A trailing stop to sell raises the stop price as the market price increases, but does not lower the stop price when the market price decreases. A trailing stop to buy lowers the stop price as the market price decreases, but does not increase the stop price as the market price increases. In both cases, the stop "trails" the market price. When the stop price is reached, the order becomes a market order. The same risk of market orders applies to trailing stops.
b.TRAILING STOPLIMIT - this order type works the same way as the trailing stop, only instead of a market order being sent to the exchange, a limit order will be sent to the exchange. With this order, you will be able to stipulate the worst price you are willing to accept for a fill. There is no guarantee that you will be filled, though, as the price may gap through your limit price.
c. MOC (Market on Close) - order that buys or sells at the market price at the close of trading. You must submit the order by 2:40 pm CT. The same risk of market orders applies to MOC orders.
d. LOC (Limit on Close) - order that buys or sells at a limit price at the close of trading. You must submit the order by 2:40 pm CT. The order can be filled at the limit price or better, but is not guaranteed a fill.
e. In addition to the Standard STOP order which is sent to the exchange, we have created 3 new STOP order types. The "Mark" stop order will be triggered once the Mark or value of the asset reaches or surpasses your stop price. The "Bid" stop order will be triggered once the bid of an asset rises to your stop price or surpasses it (this can be used for a Buy Stop order). The "Ask" stop order will be triggered if the ask price falls to your stop price or surpasses it (this can be used for a Sell Stop order). https://www.thinkorswim.com/tos/displayPage.tos?webpage=servicesOrderTypes&displayFormat=hide#
f. Support for Bracket orders: Bracket orders are designed to help limit your loss and lock in a profit by "bracketing" an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. A SELL order is bracketed by a high-side buy stop order and a low side buy limit order.
update:I had discussion with Zerodha guys, NSE considers point no. 3 as part of algo trading, it's allowed for PRO but not for Retail clients. So it's not in hands on Zerodha.
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Zerodha, will wait for your details on Monday evening. Meanwhile, if someone from your team can go through this thread, you will find that quite a few customers will feel left out. Eventually, they will get a feeling that they are paying the brokerage not only for their own losing trades, but also compensating for the winners. Also, a suggestion, can you reduce the refund cycle from 60 days to, say, 20 - considering that 30 trading days = 1.5 calendar month (approx). A monthly refund (20 trading days) will be hugely appreciated.
Guys, if you know us, I am sure you will know that we won't put in conditions like these... ..
We are going to put up a detailed explanation on all aspects, there is another interesting aspect which might excite some of you, which is still not explained...
But for starters,
From the first day you trade after feb 14th, 60 market days(doesn't matter if you trade or you don't) if your account is positive, you get back the brokerage... No other conditions, like minimum number of trades, minimum volume, nothing of those sorts....
So for eg, on 15th feb if you had 1lk in your account and on the 60th day( market day: day when market is open) your account has 1.01lks, you get back whatever little brokerage you had paid during this period...We will give you a link on the backoffice, you go click saying credit back my brokerage and by the end of day,whatever brokerage was charged will be credited to your trading account...
of course, we will not consider the money transferred from your bank or money received by selling shares in your holding....You just have to be net profitable...
We will fill you in on all the details by monday evening...
.. We are going to put up a detailed explanation on all aspects, there is another interesting aspect which might excite some of you, which is still not explained...
But for starters,
From the first day you trade after feb 14th, 60 market days(doesn't matter if you trade or you don't) if your account is positive, you get back the brokerage... No other conditions, like minimum number of trades, minimum volume, nothing of those sorts....
So for eg, on 15th feb if you had 1lk in your account and on the 60th day( market day: day when market is open) your account has 1.01lks, you get back whatever little brokerage you had paid during this period...We will give you a link on the backoffice, you go click saying credit back my brokerage and by the end of day,whatever brokerage was charged will be credited to your trading account...
of course, we will not consider the money transferred from your bank or money received by selling shares in your holding..
..You just have to be net profitable...We will fill you in on all the details by monday evening...
the thing stopping me from going over to rksv is the stamp duty which is not fixed.
after this month i will do the calculations and then decide.
btw, does anyone have a problem with now for intraday charts using windows 7 64 bit.
it gets stuck for me all the time i try. i also tried the compatibility settings but didnt help.
after this month i will do the calculations and then decide.
btw, does anyone have a problem with now for intraday charts using windows 7 64 bit.
it gets stuck for me all the time i try. i also tried the compatibility settings but didnt help.
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