Zerodha....
- Thread starter bharath.mang
- Start date
- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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No flags.. Was explaining our client profiling system... This basically is our internal mechanism to find out our risky clients.... That was a typo, i wanted to write 32lots( 32 lots x span = 5.5lks)... You can still trade with 10k in your account and buy 55lots for 5.5lks... If every trade you take, you keep buying/selling 55lots, then for us you are a risky client.. We do nothing extra if you are a risky client, just that these accounts are under watch by our computers for risk management..
if you expect them to say they are using your funds if ONLY IF they are using your funds?NO WAY.but there is a easy way to find it...make 2 or 3 or more accounts in which you are not trading and place some money in them.and periodically login in any one account and place a order to the full margin available in that account.if your order is rejected then you can know that zerodha people are trading in your money...
I am not sure should I laugh or not. NSE does not allow such things. I do not want to insult anyone, but I suggest fellow members to go thru or appear for NCFM beginner or dealer module for capital market or FNO. You will understand things better. If broker charges less does not mean he will try to trade on your money or runaway with it. It's just not that easy. There is huge legal framework behind it. Please go thru http://www.nseindia.com/education/content/module_ncfm.htm Download study material, it's free to download. If you appear for exam, it will help to understand products better. Exam fees are just 1500/- per module. Yes there is a negative marking and passing is above 50%. It's worth taking exam before losing 2000/- in market. It's just 40 points Nifty futures anyway (after taxs and brokerage etc).
BTW: I have done NCFM for 4 modules includes dealers module for CM and FNO. I am NCMP. Just cleared one more paper today. :clap:
BTW: I have done NCFM for 4 modules includes dealers module for CM and FNO. I am NCMP. Just cleared one more paper today. :clap:
Please give at least 3 examples where Broker traded on investor's money, Sebi & NSE failed to take action on broker and investor lost money. Examples must have all details and not rumors. I will be glad to learn from such examples.
Here are more details. on Investor protection and education fund, http://www.sebi.gov.in/bylaws/ch16.pdf - reads
"16.2 Compensation
The Investors’ Protection Fund may provide compensation against a genuine and bonafide claim made by any client, who has either not received the securities bought from a trading member for which the payment has been made by such client to the trading member thereagainst or has not received the payment for the securities sold and delivered to the trading member or has not received any amount or securities which is/are legitimately due to such client from the trading member, who is either declared a defaulter or expelled by the Exchange or where the trading member, through whom such client has dealt, is unable to get the securities rectified or replaced for the reason that the introducing trading member at the Exchange is either declared a defaulter or expelled by the Exchange, under the relevant Rules, Bye-laws and Regulations of the Exchange. "
Also visit
1.http://iepf.gov.in/IEPF/index.html
2. watchoutinvestors.com is a national web-based registry covering entities including companies, intermediaries and individuals who have been indicted for an economic default and/or have been non-compliant of laws/guidelines and/or are no longer in the specified activity. It's run by Sebi.
http://www.watchoutinvestors.com/default2a.asp http://www.watchoutinvestors.com/default2a.asp
Many people are not aware of BSE/NSE/MCX products, rules, regulations & risk involved. I know lot of people here on traderji and outside who trade in naked options, futures without knowing anything. If broker gives 500 times exposure they will go with him. Some people are not just doing broking business but actually they are lending money by giving huge exposure. It's 19% per day with some brokers for one week. Your broker is not responsible for your trading decisions.
Finally thanks for good wishes.
Here are more details. on Investor protection and education fund, http://www.sebi.gov.in/bylaws/ch16.pdf - reads
"16.2 Compensation
The Investors’ Protection Fund may provide compensation against a genuine and bonafide claim made by any client, who has either not received the securities bought from a trading member for which the payment has been made by such client to the trading member thereagainst or has not received the payment for the securities sold and delivered to the trading member or has not received any amount or securities which is/are legitimately due to such client from the trading member, who is either declared a defaulter or expelled by the Exchange or where the trading member, through whom such client has dealt, is unable to get the securities rectified or replaced for the reason that the introducing trading member at the Exchange is either declared a defaulter or expelled by the Exchange, under the relevant Rules, Bye-laws and Regulations of the Exchange. "
Also visit
1.http://iepf.gov.in/IEPF/index.html
2. watchoutinvestors.com is a national web-based registry covering entities including companies, intermediaries and individuals who have been indicted for an economic default and/or have been non-compliant of laws/guidelines and/or are no longer in the specified activity. It's run by Sebi.
http://www.watchoutinvestors.com/default2a.asp http://www.watchoutinvestors.com/default2a.asp
Many people are not aware of BSE/NSE/MCX products, rules, regulations & risk involved. I know lot of people here on traderji and outside who trade in naked options, futures without knowing anything. If broker gives 500 times exposure they will go with him. Some people are not just doing broking business but actually they are lending money by giving huge exposure. It's 19% per day with some brokers for one week. Your broker is not responsible for your trading decisions.
Finally thanks for good wishes.
Last edited:
Sachin (Zerodha)
Can you please tell us the max numbers of scrips which can be loaded into NOW or NEST.
Sharekhan TradeTiger allows to load all the Futures Contracts + a few more (don't know the exact numbers it allows to load), while in Now or NEST (both), there are limits. Cannot we add scrips into these terminals just as Sharekhan TradeTiger does ?
Waiting to hear ................
shekharz
Can you please tell us the max numbers of scrips which can be loaded into NOW or NEST.
Sharekhan TradeTiger allows to load all the Futures Contracts + a few more (don't know the exact numbers it allows to load), while in Now or NEST (both), there are limits. Cannot we add scrips into these terminals just as Sharekhan TradeTiger does ?
Waiting to hear ................
shekharz
- Status
