Zerodha....

[Trader J]

You can take over the company float all in one go, if available for sale, and zerodha will still charge you only 40 rs + taxes. Poor merchant bankers... an entire company sold for the cost of one masala dosa and that too in a small hotel.

....and if your company earn good profit...and the share price increase...and you make profit in 6o days ...they will refund you Rs 40...Wow:rofl:

 

[murthyavr]

....and if your company earn good profit...and the share price increase...and you make profit in 6o days ...they will refund you Rs 40...Wow:rofl:

:clapping::clapping:

Good one!

 

[Zerodha]

Vehicle RC (smart card type) is valid for address proof ?....

RC can't be taken for address proof, not part of the approved list by SEBI

 

[Zerodha]

Here is the entry from my ledger. I was told that these charges are for call n trade. Please check and respond.

Hi timepass...

What I told was, that for all trades which are placed under MIS(intraday equities) we don't charge anything extra if we do the auto square offs...

The charge is applicable for fno trades that are squared off at our end...

 

[Zerodha]

Thanks for replying. However, what I meant was I intend to sell at 4.25 after I buy 4.00, while the current market price is 4.50. So, in effect, am not interested in writing options.

Is there any way using stop loss, or trigger price, can this order b e placed in the system?

The system is not intelligent enough to cancel one as soon as the other is executed.. This kind of order which does this is called a bracket order and NSE considers as an algo, so need approvals and special systems to place these kinds of order without blocking extra margin....

 

[Zerodha]

Hi,

Can you please let me know or point me towards the link for the margins required for commodity contracts.

We would be giving 2 times margin or 50% of MCX stipulated margin for intraday trades... This margin would be available to you till 45 mins before market closing in the night...

Cheers

 

[Zerodha]

BTW, someone please answer my question: http://www.traderji.com/equities/67069-what-happens-when-i-dont-sell-intraday-stock-same-day.html

Hey, I want to know, Suppose I buy 30 stocks of XYZ priced @ Rs. 100 Indraday at 10:30 AM. At 2:50 PM I see that the price has gone down to Rs. 95, so I think I'd rather wait for it to go high and pay the Delivery brokerage anyway. Will the Intraday stocks be automatically converted to Delivery? I ask because I did this with Motilal Oswal and it now shows in my Demat Holdings. But on the day I bought that stock, when I tried to covert that Intraday stock(before 3:10 PM of course) to Delivery on my own, it gave an error saying it is not possible and to contact Admin... I also read about Auto Square-Off. What is that then? Please do help.

Hi Morkeus...

Trading equity with us, you get 2 product types.

1. MIS, Margin intraday square offs, where you can buy or sell upto 10 times the money in your account...

2. CNC, only to the extent of money in your account...

In the example above, assume you had initially bought the stocks with MIS product(intraday trade), now you want to keep it overnight... In this case you have to convert this trade of yours from MIS to CNC. To do this

a. you need to have 100% margin in your account
b. Go to f8 trade book, click on the MIS trade where you had bought this for intraday. at the bottom of the page you can see a link called position conversion. Click on this and convert from MIS to CNC. Now your stock would be taken for delivery...

Assume you don't do this till 3.10pm, at 3.10pm all MIS positions will be automatically squared off by the system.

Hopefully this clarifies...

Cheers

 

[Zerodha]

OK this could be a stupid question. But is there any limit to the no. of stocks we can buy when Intraday trading(or even Delivery)? For eg. is there anything stopping me from buying 10,000(edit: or even many more btw) shares(assuming that many is available and that I'm related to Bill Gates ) and then selling all of it the same day? And in this case also, Zerodha will still only charge Rs. 40/- total brokerage?!

5crores rupees is the per order limit for most of the scrips.. So yes, buy and sell 5crores in one trade and you still pay 20 + 20... Make money on this trade and stay profitable for 60 days and you don't have to pay anything... ...

 

[Zerodha]

Zerodha, Please Clarify.

Never said the numbers were toll free... Toll free in india begins with 1 800...

 

[Zerodha]

Today In Zerodha it is showing my holding shares as empty.
Unable to sell my holding shares
Called them they said they are working on it and will take 1 hr to fix ...
Anybody else facing the same.

Hey BPR sorry about this, some of our clients had an issue with the holding file, because of a DP holiday yesterday...

It should be sorted by now, if holding is not showing, give us a shout, this will be fixed in under 5 mins...Only for today!!!