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Zerodha

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kindly tell me the margin of 1 lot of silver and 1 lot of silverm(minisilver) as well as 1 lot of zinc and 1 lot of minizinc. and in intraday with 1 lot of margin of silver how many lot we can trade.
Margin for Silver 1 lot : 81000
Zinc: 25800
Zinc mini: 5200

Intraday you can trade 2 lots with the same margin..
 
Can I trade BSE shares with Zerodha?
 
Jyoti..

The Margin benefit we give is in exact lines of what is given by the exchange. Margin requirement rules on NOW by default is set by the exchange itself.

Biggest margin benefits are for calendar spreads and even for this the margin required is higher than what you have mentioned for an overnight basis. Long future this month and short next month, margin required is still around 24k( around 12k per position)...

If you have bought futures and long puts, it might seem to you that your position is completely hedged, but the margin benefit given by the exchange is not much..

Today if you bought futures and 5200 puts at around Rs 75, instead of paying 25k + 4k , you will pay around 23k, a margin benefit of around Rs 6 k thats it..

You should double check this with icici also, I am sure they will not be able to do it at the margins you have mentioned..
THAT IS ONE MORE RESON YOU SHOULD PROVIDE MARGIN AGAINST STOCKS
THIS POOR FELLOW HAD JUST 1-2 OPTION

BUT I HAVE SOME TIME 500 OPTIONS OPEN IN MY ACCOUNT INFACT MOST OF THE BIG TRADERS DONT HAVE TIME TO CHECK MARGINS ALL THE TIME

THEY HAVE MONEY IN FORM OF STOCKS . THIS NOW MARGIN THING
HELD BY EXCHANCE IS A COMPLETE LIE :clapping:

MY FRIEND USES NOW WITH A REGULAR BROKER AND HIS LIMTIS ARE SET
BY HIS BROKER THROUGH THERE RMS

IN THE END EXCHANGE WANTS LIMITS IT DOESN'T MATTER IF CLIENTS PAY OR BROKERS PAY

ON THE TOP OF IT YOU WILL NOT INFORM ANY ONE BEFORE SQUARING OFF AS YOU CHARGE 20 RS PER TRADE SO EVEN IF A PERSON LOOSES 20 000
DOESN'T SEEM TO MATTER TO YOU

AFTER ALL WHY IS RTGS NEFT REAL WORLD REAL TIME MONEY TRANSFERS
IF YOU COULD JUST INFORM A PERSON AT 2:30 THAT SIR THERE IS A SHORTFALL IN YOUR ACCOUNT AND BY SAVING 50 RS OF BROKERAGE TRADING WITH US YOU WILL BE LOOSING 50000 RS KINDLY TRANSFER THIS MUCH AMOUNT IT WOULD BE EASY FOR EVERY ONE

AND ONE OF MY EARLIER POST YOU REPLIED THAT EXCHANGE CAN LEVY PENALTY ON US IF THERE IS MARGIN SHORT FALL SO WE COLLECT 30 % IN CASH

SIR TO AGAIN HUMBLY INFORM YOU ITS IS TOTAL NONSENSE IF YOU HAVE
STOCKS WITH APPROPRIATE HAIR CUT YOU DON'T REQUIRE ANY FORM OF CASH MARGIN

IF YOU CANNOT HANDLE MARGINS ITS BETTER TO ACKNOWLEDGE RATHER THAN MAKING YOUR OWN MARGIN RULES AND TELLING US THAT THEY ARE RULES SET BY EXCHANGE

BASICALLY THE TRUTH IS YOU PEOPLE DON'T WANT ANY HEADACHE AND WANT 20 RS PER TRADE AND YOU ALSO KNOW 90 % OF THE TRADES WILL NOT BUY 100 LOTS IN ONE GO EVEN IF YOU PAY THEM 20 RS PER ORDER FOR TRADING

ONE THING THOUGH I AGREE WITH MY FELLOW MEMBERS ON THE FORUM IS
THAT OTHER BROKERS AND SO BAD AND GREEDY THAT YOU GET APPLAUSE'S EVEN THOUGH YOU ARE YET TO PROVIDE BASIC MARGINS , A VERY BASIC TRADING SOFTWARE ,BASIC COURTESY CALL BEFORE SCREWING UP A TRADERS POSITION :rofl: ect ect

ITS IS NOT SO EASY TO CHANGE THE PHRASES SAID BY THE OLDER GEN RATION THAT{MENGHA ROYE EK BAAR SASTA ROYE BAAR} I WAS WONDERING EVEN IF ONCE A YEAR MY POSITIONS IS SCREWED UP BY YOU PEOPLE I WILL LOOSE MORE THAN I WILL SAVE IN BROKERAGE AND ITS NOT ONCE A YEARS ITS MARKETS THESE THINGS KEEP HAPPENING EVERY 15 DAYS OR SO WHERE I AM SHORT OF MARGINS HERE AND THERE AND I CORRECT MY POTIONS IN NO TIME WHEN I GOT A CALL FROM RMS OF RELIGARE THEY ARE NOT SQUARED OFF

MAYANK
 
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sr114

Well-Known Member
Zerodha seems least interested in helping their clients to trade professionally
FxGood,

as u quoted this , please wud u elaborate, in which way cud Zerodha help us in trading professionally?

on charting front - everywhere u r saying use some mt4/mt5 - in which way this cud help us - as suddenly all of the mt4 are stopped or they take exorbitant charges for charting. pls clarify in simple english - which is the better option - mt4/mt5 or amibroker for charting/

waiting for ur reply - ( but u never reply - pls for this time reply)
 

jyotixxx

Well-Known Member
IDEA TO BAHUT DIYA HAI BHIYA BUT YEAH YAH TO POST KO IGNORE MAAR DETE HAI YAH KOI GYAN DE DETE HAI KAAM NAHIN KARTE :clap:
Giving ideas/asking for improvment
is the only thing we must do. Don't be obsessed that they have to implement that. They have their own limitations. Also, remind u if u go through the whole thread they have responded very well to lots of suggestions. Moreover this is an open forum not Zerodha's customer care page.:D If you want something officially then call them or mail them. Basically I post here to hear other's opinion rather than Zerodha.
 
Giving ideas/asking for improvment
is the only thing we must do. Don't be obsessed that they have to implement that. They have their own limitations. Also, remind u if u go through the whole thread they have responded very well to lots of suggestions. Moreover this is an open forum not Zerodha's customer care page.:D If you want something officially then call them or mail them. Basically I post here to hear other's opinion rather than Zerodha.
no sir i dont want any thing from them now just posting my views just like you just like every one else i called them up wrote them e-mails but of no use

but now after MF GLOBAL episode i am not sure which broker to trust with my money forget zerodha i am not sure about religare also anything happen here if it can happen in USA

and i am not saying that people who have there money with brokers are fools its just that i have more money lying with brokers then most of us

And its certainly much more than i can afford to loose thought i have checked religare at times of crisis in 2008 withdrew 1.5 Cr it took just 2 hours
but not sure what will happen if there is any global mayhem so planning to keep 50 % in SBI and HDFC BANK as FD

and planning to keep rest with 2-3 different brokers so i decided about zerodha then but now i think big names are better for me as it its i pay them not more then 10 rs per lot and due to the way i work its only 1-2 lots per order so zerodha is going to be expensive for me and when you take there stamp duty into account they account will blow by itself
 
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