Zerodha....

[Zerodha]

Dear Zerodha, i am going to open Equities Trading a/c. Now, what should i do?
1. In ur instructions, it is written that "Pls do not fill the form unless u have filled it online". When i went to web for online application, it's unavailable.

What's the porcedure? PLS explain in detail to newbie like me. U r saying u have a team of experts to fill the form. But how they will get my details? Or is it case that u will fill it seeing my couriered documents? Does that mean- i need to only take print out, sign blank form aand send with documents?

Hi Meena, shoot your number to [email protected], we will call you back on this...

 

[Zerodha]

zarodha,
wll u tell total brokarage for gold and silver including other mandatory taxes?
hoping u have started MCX trading newly

Still not live on MCX, we will update our brokerage calculator in the next couple of days..

 

[msa5678]

Shekar,

By response is good, I meant more people joining the system...

As far as survival, guys!! our operational costs are really low and even if 80% of you are making profits, we will still be profitable...

But the idea is to keep you all happy!!! ...

:clap::clap::clapping:Kya Baat Hai. 80% making profit is not feasible. So only other criteria, more people joining in needs to be fulfilled to continue the offer.We will try our best

 

[Sunny1]

I think ....the time line for existing customer should be extended by at least 1- 2 month (for waiving of account opening fee)...

since all docs are compulsory .....again we have to provide....?

I dont have address proof in my name....

Is vehicle RC ( card based) is accepted as address proof...? this is only doc avaible in my name.

Do existing customer have to provide docs again?......

plz...answer this...I dont have any other add...proof

last time I think I gave copy bank passbook with last few month transaction...
I think vehicle RC should be valid?

 

[Zerodha]

@Zerodha

"4. Funds withdrawn from the trading account will be disregarded. This means that you can withdraw funds and it will still be considered for your profitability."

What does it mean?

Suppose I have 50000/- in my account then if I got profit of 10000/- in 60 days and if I withdarw 20000/- in this period then my balance at the end will be... 40000/-

Then will you consider as profitable or not... will you think only about balance amount... or you check weather it is profitable.

And once mre thing....

Somebody suggested to keep condition ... only for whom balance of above 25000/ can only participate.

Pls do not put any condition like this.

As many including me have balance little below 25000/-

Thanks

You can withdraw and you will still be considered profitable...So in the example you have given, you will be considered profitable and you will get back all the brokerage paid...

We won't put in a condition based on the balance in a person's account...Don't worry about it...

Cheers

 

[TraderRavi]

hi zerodha,

for existing clients , to fill MCX form...

1) cancelled cheque is necessary ?....it should be signed..?

2) in person verification is necessary..?

3) as per instructions on page 3 , net worth is annual income to be filled ?

zerodha...........please answer this query...........

 

[sumosanammain]

zerodha...........please answer this query...........

I dont know what to do about the net worth certificate. My wife says I am worthless....... does that make me ineligible for a commodity account?

 

[Sunny1]

I dont know what to do about the net worth certificate. My wife says I am worthless....... does that make me ineligible for a commodity account?

Actually that makes you Eligible for trading. Only worthless people are Qualified to become Trader. Others only loose money by trading .....

 

[TraderRavi]

I dont know what to do about the net worth certificate. My wife says I am worthless....... does that make me ineligible for a commodity account?

she must have said this while comparing you with her

 

[Sunny1]

hi zerodha,

for existing clients , to fill MCX form...

1) cancelled cheque is necessary ?....it should be signed..?

2) in person verification is necessary..?

3) as per instructions on page 3 , net worth is annual income to be filled ?

1. yes cancelled cheque is necessary ...dont know about signing

2.IPV is not necessary for existing client as said by Zerodha...for new it is must

3. net worth is about your total wealth you have write it approx....it is not important...like write average value of your property or something ...