Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Hey My Investment,
You definitely like to rub it in don't you??
..
I have already told you the limitation of why we are not able to give you an online module to give stocks as Margin...
NOW is not a propreitary platform, it is NSE's. NOW doesn't have the facility where we can link an online collateral module...
One of the reasons why we are moving to NEST, which you must be already using as you had mentioned earlier..
Maximum Stamp duty per day with us is presently Rs 50 per day.. I can't figure out how this could blow up your account?? Will blow up 1lk Rs if you trade for 10 years, 200 days/year..
You definitely like to rub it in don't you??
.. I have already told you the limitation of why we are not able to give you an online module to give stocks as Margin...
NOW is not a propreitary platform, it is NSE's. NOW doesn't have the facility where we can link an online collateral module...
One of the reasons why we are moving to NEST, which you must be already using as you had mentioned earlier..
Maximum Stamp duty per day with us is presently Rs 50 per day.. I can't figure out how this could blow up your account??
Will blow up 1lk Rs if you trade for 10 years, 200 days/year..
i know 5 different people who trade with 5 differnet brokers and get full margins against stocks
1) globe capital
2) iventure capital
3) you can get now from SMC they will provide you full margin against stocks
and also Now SOFTWARE
if you want i can give you the names of 7 more brokers so it will make 10
I have never mention i trade on nest as i never did , i trade on Odin sir with Religare But you have so many people asking you queries that you don't remember
i have called you people and e-mailed you but u don't remember as you have lots of people chasing you for 20 rs per trade and when you cant open there account somehow for not been able to provide something simple
You tell them they rub it in ,well this is an open forum don't expect every one will praise you for how cheap as a broker you are some will also criticize
And if that is now allowed i request the moderators of the forum to kindly mention it
About Stamp duty if its not 540 then 450 per crore and only 50 rs per day then all the folks who cry i don't know why they do it i am not able to understand
If you are not able to provide margin against stocks with NSE NOW then how are you able to provide same Margin against stocks With 30 % cash as you told me in your E-mail with the Same NSE NOW
You mean to say Nse NOW does not Support Margin Against Stocks but when you bring in 30 % cash its supports the rest 70 % margin this is beyond Funny:clap:
I was just having fun when I said Rub it in..
It is not stamp duty you are talking about, it is the turnover charge and hence you confused me..
I keep getting confused between you and another person on the forum who had the exact same queries, excuse my bad.. It is tough to remember, especially pseudo names..
Criticize, let me think!! hmm...out of this 900 pages or so, I think have been criticized for more than half.. So don't mind at all..
All the brokers you have mentioned and the 7 more today have along with NOW another platform of their own.. Biggest challenge with NOW is that the file uploader stops working after 8am, so whatever has to be uploaded has to be done manually.. Assume, I let you pledge some stocks, we can't have an automatic update of margins on NOW, someone will have to manually do it.. THis is a risk that we are not ready to take, puts a big risk on RMS... Even more riskier because of the volume of business we do and at the cost we do, which you may or may not appreciate...
If you put yourself in our shoes, if there is Rs 1 short in a person's account, we get a barrage of emails.. Do you think anyone calls back if there is 1 Rs extra?? You might think they do, but no one does..
If those 10 brokers that you know tell you that they are able to do it on NOW, let me know about it.. If they are taking that risk, it is every business to itself, we are conservative about this..
We can do it for you at the end of the day basis because, the pledge, margin release etc is done by our backoffice and then checked by the risk team and updated by the dealing team... But as I said earlier, once we have our own platform, we want to give an online module to pledge..
Happy Trading...
It is not stamp duty you are talking about, it is the turnover charge and hence you confused me..
I keep getting confused between you and another person on the forum who had the exact same queries, excuse my bad.. It is tough to remember, especially pseudo names..
Criticize, let me think!! hmm...out of this 900 pages or so, I think have been criticized for more than half.. So don't mind at all..
All the brokers you have mentioned and the 7 more today have along with NOW another platform of their own.. Biggest challenge with NOW is that the file uploader stops working after 8am, so whatever has to be uploaded has to be done manually.. Assume, I let you pledge some stocks, we can't have an automatic update of margins on NOW, someone will have to manually do it.. THis is a risk that we are not ready to take, puts a big risk on RMS... Even more riskier because of the volume of business we do and at the cost we do, which you may or may not appreciate...
If you put yourself in our shoes, if there is Rs 1 short in a person's account, we get a barrage of emails.. Do you think anyone calls back if there is 1 Rs extra?? You might think they do, but no one does..
If those 10 brokers that you know tell you that they are able to do it on NOW, let me know about it.. If they are taking that risk, it is every business to itself, we are conservative about this..
We can do it for you at the end of the day basis because, the pledge, margin release etc is done by our backoffice and then checked by the risk team and updated by the dealing team... But as I said earlier, once we have our own platform, we want to give an online module to pledge..
Happy Trading...
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