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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HFT requires dedicated co located server of the TRADER ITSELF, not the broker, costs around 12 lakhs a year, and capital required for HFT is rougly 50 to 100 crores, with thousands of orders released into the system daily, and requires a dedicated team of algo professionals to create, mantain and make periodic adjustments to the algo.
Hope you are capitalised for all this.
If you are, you dont even need Zerodha.
Any broker will give you this service.
Hope you are capitalised for all this.
If you are, you dont even need Zerodha.
Any broker will give you this service.
Just posting this for information. Survey of top 10 brokers of America by SmartMoney http://online.wsj.com/media/smbrokersurvey0612.gif .
Scottrade, Tradeking and Zecco are discount brokers. I do not know about others. Zecco and TradeKing completed their merger on this Aug 1 to take on big boys. Guys visit their websites and see their trading platforms. And envy them
Can even our brokers ever have a website like theirs, leave alone the great trading platforms and full disclosures which they clearly make on their website? Too much to ask, guess!
Scottrade, Tradeking and Zecco are discount brokers. I do not know about others. Zecco and TradeKing completed their merger on this Aug 1 to take on big boys. Guys visit their websites and see their trading platforms. And envy them
Can even our brokers ever have a website like theirs, leave alone the great trading platforms and full disclosures which they clearly make on their website? Too much to ask, guess!
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Just posting this for information. Survey of top 10 brokers of America by SmartMoney http://online.wsj.com/media/smbrokersurvey0612.gif .
Scottrade, Tradeking and Zecco are discount brokers. I do not know about others. Zecco and TradeKing completed their merger on this Aug 1 to take on big boys. Guys visit their websites and see their trading platforms. And envy them
Can even our brokers ever have a website like theirs, leave alone the great trading platforms and full disclosures which they clearly make on their website? Too much to ask, guess!
Scottrade, Tradeking and Zecco are discount brokers. I do not know about others. Zecco and TradeKing completed their merger on this Aug 1 to take on big boys. Guys visit their websites and see their trading platforms. And envy them
Can even our brokers ever have a website like theirs, leave alone the great trading platforms and full disclosures which they clearly make on their website? Too much to ask, guess!
too bad, we don't want such top quality for ourselves.
Zerodha,
From the past few days whenever I am logging into the Ztrader, the following message appears:
Please look into it.
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Also, how much you are charging as turnover charges for commodities?
From the past few days whenever I am logging into the Ztrader, the following message appears:
Please look into it.
--------------------------------------------------
Also, how much you are charging as turnover charges for commodities?
2. Please refer to their Brokerage calculator.
Zerodha,
I saw some comments in the thread about the AMC charge. Before opening the account with you I had asked some queries to your customer care by email, which are answered by Hari and Kunal.
One of my query was about the AMC charge. Which I had probably asked to the Zerodha customer care in this way: Do I have to pay you or the ILFS the AMC charge through cheque or through other method or are you going to deduct the same from my banking account "automatically" every six months?
To this, I was told (probably by Kunal or Hari) that I Do Not need to worry about the AMC charge as it is deducted automatically from client's bank account.
Then what is this fuss about the AMC charge I am hearing here?
I am doing this question because so far No amount/charge for AMC has been deducted by ILFS or Zerodha from my bank account. I have also not paid any amount (except the six monthly charge required as advance for account opening) as AMC charge since I have opened the account with you 10-11 months back, because I became care free after getting that reply from your customer care guys.
But now I am concerned. Will the ILFS guys close my demat account on not receiving the AMC charge from me? Do they have such a right. Can they do so if they wish so?! Many question arises. Kindly answer all of them.
Thanks
I saw some comments in the thread about the AMC charge. Before opening the account with you I had asked some queries to your customer care by email, which are answered by Hari and Kunal.
One of my query was about the AMC charge. Which I had probably asked to the Zerodha customer care in this way: Do I have to pay you or the ILFS the AMC charge through cheque or through other method or are you going to deduct the same from my banking account "automatically" every six months?
To this, I was told (probably by Kunal or Hari) that I Do Not need to worry about the AMC charge as it is deducted automatically from client's bank account.
Then what is this fuss about the AMC charge I am hearing here?
I am doing this question because so far No amount/charge for AMC has been deducted by ILFS or Zerodha from my bank account. I have also not paid any amount (except the six monthly charge required as advance for account opening) as AMC charge since I have opened the account with you 10-11 months back, because I became care free after getting that reply from your customer care guys.
But now I am concerned. Will the ILFS guys close my demat account on not receiving the AMC charge from me? Do they have such a right. Can they do so if they wish so?! Many question arises. Kindly answer all of them.
Thanks
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