Assume I pay 5k upfront and i stop trading after 2 trades!! will the broker refund brokerage??? NOW NSE has a rule that broker can't charge more than 2.5%!!! So will the broker who has taken 5k upfront refund the brokerage paid???
No!! Charging upfront brokerage, is not in line of the NSE compliance norms. Sooner or later, all upfront brokerage schemes will have regulatory issues....There are already n number of complaints lying with NSE and SEBI against upfront brokerage plans from retail clients...
The idea with our challenge is to push you towards making money for yourself... To bring in some rationality into your trading, hoping that every time you put a trade, you will remember that we are having a challenge that you are in it for being profitable and not just for trading for the heck of it....
Finally, guys NOW is going paid, brokers like us and a few others could reduce costs because of NOW. Once NOW is paid, it won't be possible for the same.... Today we are at a size where we can shift to a much more advanced platform and offer you without any charge, but a lot of others will find it tough... The next 3 months, we will be sharing you profitable trading strategies which are backtested on the trading platform itself... The system will based on your view of the markets, suggest you trading strategies, share profitability and give you signal on the platform itself...
No!! Charging upfront brokerage, is not in line of the NSE compliance norms. Sooner or later, all upfront brokerage schemes will have regulatory issues....There are already n number of complaints lying with NSE and SEBI against upfront brokerage plans from retail clients...
The idea with our challenge is to push you towards making money for yourself... To bring in some rationality into your trading, hoping that every time you put a trade, you will remember that we are having a challenge that you are in it for being profitable and not just for trading for the heck of it....
Finally, guys NOW is going paid, brokers like us and a few others could reduce costs because of NOW. Once NOW is paid, it won't be possible for the same.... Today we are at a size where we can shift to a much more advanced platform and offer you without any charge, but a lot of others will find it tough... The next 3 months, we will be sharing you profitable trading strategies which are backtested on the trading platform itself... The system will based on your view of the markets, suggest you trading strategies, share profitability and give you signal on the platform itself...
r u going to stop providing NOW after moving to the new platform ?