|
|
| Discuss Offline Broker at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear friends I need your view / opinions / advice on the following matter : ... |
|
|||||||
| Notices |
| Brokers & Demat Matters Talk about brokers, share transfers, demat matters and depository participant service providers. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
1st March 2007, 05:29 PM
|
|||
|
|||
Offline Broker
Dear friends
I need your view / opinions / advice on the following matter : I have recently met with an offline broker , he is a subbroker attached with a reputed main broker. He will charge me 5paisa for trading , 50 paisa for delivery and 100Rs for options. I will have to call him for placing orders, no online trading. I can trade , place orders without adequate balance in my account. I have to pay him next day , ie, chq must be given to him next day. So if I want to buy 100 RIL shares I can order him even my balance is zero , however i have to make him payment next day. I can buy options of 10000Rs with only 5000 Rs in my account , the balance has to be given within 7 days , ( 7 days credit) The guy is too prompt in picking my fone , as soon as I call him he attends my call and punched the order ,also he is the freind of my freind so some relation also with him. I have account with indiabulls also , they charge lower brokerage than him , online + offline trading , however , I need to have balanmce in my account , also offline trading is not hassle free , RMs dont attend call promptly , also no credit is given , not even for a single day , for options i need full premium amount in my account . please help me in deciding with which account I should trade : the offline account or online account . I am very confused and unable to decide and so thjought lets take help pf my netpals, 
|
|
#2
3rd February 2008, 02:35 PM
|
|||
|
|||
Re: Offline Broker
Any one in mumbai trading with any subbroker/ offline broker , who takes payment next day , ie allows you to take positions even with zero balance in your account ?
There are some brokers who based on the clients worthiness and personal relations allows clients to take positions even when there are no clear funds ,however the client has to make payment next day or as agreeed upon. ( in typical online firms one need to have clear balances in account) Further these local subbrokers/ offliune brokers also handle margin issues in FNO ie they manage margin issues if any and give 1-2 days to client to arrange funds ,margin.In typical online firms , positions are closed if there is a shortfall in margin without giving adequate time to client. I am looking for such good brokers in and around mumbai who can allow me to buy shares even without clear balance in my account , who can handle margin issues in FNO and give me good time to arrange margin. Help is welcome from traders trading with local subbroker .....
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Offline Broker
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Which FX broker ..? | sai20_2000 | Forex | 3 | 9th May 2008 02:53 PM |
| Frustrated with your Broker : Looking for the Best broker out there !! | pranaviitkgp | Brokers & Demat Matters | 6 | 2nd February 2008 11:17 PM |
| Looking for a broker | rana | Brokers & Demat Matters | 0 | 28th June 2006 06:00 PM |
| New broker | rajib333 | Brokers & Demat Matters | 0 | 26th August 2005 08:48 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
