1paisa brokerage with ODIN

trader31339 · #1 9th December 2007, 01:17 PM

www.microsec.in
Does anyone have experience with them ?
heard that they provide brokerage of 1 paisa ( 0.01% ) for e- broking , alongwith ODIN DIET without any monthly / yearly charges or volumes comittment.
If they offer 0.01% brokerage that too with ODIN diet and without any volumes comittment and monthly charges , we can make a group and further negotiate with them for a brokerage of 0.005% , what do you all say

logmein · #2 9th December 2007, 02:33 PM

Quote:

Originally Posted by trader31339

www.microsec.in
Does anyone have experience with them ?
heard that they provide brokerage of 1 paisa ( 0.01% ) for e- broking , alongwith ODIN DIET without any monthly / yearly charges or volumes comittment.
If they offer 0.01% brokerage that too with ODIN diet and without any volumes comittment and monthly charges , we can make a group and further negotiate with them for a brokerage of 0.005% , what do you all say

Hey

Can you kindly confirm this?

ratan jain · #3 9th December 2007, 02:40 PM

Quote:

Originally Posted by trader31339

logmein,
yeh you can call them or email them and confirm this.

Ratan Jain,
Jain saheb , brokerage does matters and specially to those who trade intraday , I just proposed to the forum members and lets see how they respond.And if we get a good brokerage rate then whats the problem ???
yeh , service server time are more imp than brokerage i agree but this issues can be resolved out while talking to the company.

Server downtime can be resolved while talking to company?

You think people have not tried talking to Reliance Money???????
You think any broker is going to accept that his server has regular downtime?

Even when ICICI server is down for an hour, their cust support says, " No sir, it working fine! . Check ur internet connection, and check please check the colour of your **** this morning and get back to us. We can guide you further after we get that information "

Now for the broker u mentioned...........
Their website is one of the worst, at first glance.
Their links on many icons are not even clickable

Dont u think it would be better to approach an established broker and negotiate?

And yes these big brokers do negotiate.

How do u think I managed .0075 % ??????????
And mind u its from a VERY big broker

ratan jain · #4 9th December 2007, 02:47 PM

yes if we get together in a group of maybe 100 we can get a brokerage of 0.000000000000000000000000000000000000000000000000 00000000000000001 %

These things matter in the starting phase of a trader, this facination with lowest of low brokerage....... then it stops mattering, and then service counts, server uptime counts.

I remember how elated I had felt when with ashish's help I was able to reduce my bkg to 0.075 % per leg.

trader31339 · #5 9th December 2007, 02:56 PM

logmein,
yeh you can call them or email them and confirm this.

Ratan Jain,
Jain saheb , brokerage does matters and specially to those who trade intraday , I just proposed to the forum members and lets see how they respond.And if we get a good brokerage rate then whats the problem ???
yeh , service server time are more imp than brokerage i agree but this issues can be resolved out while talking to the company.

trader31339 · #6 9th December 2007, 05:27 PM

Ratan ,
Ur brokerage is 0.075 or 0.0075 ??
In ur earlier post ( 1st) u wrote 0.075 which was not appealing for me.
In the second one ( ur reply) u have written 0.0075 which is quite good. Please tell us the broker and the way we can also get it

By speaking to the co I meant we will discusss all these issues or say whatever issues to the co. I know none of the cos accept their de merits / drawbacks but we can have a word of mouth regrading these issues in the begining itself.

Dont compare Relaince and this co server , both technology are totally diff and so the end user exp will be also totally diff. Reliance is a browser based trading interface and whereas ODIN is a CTCL product ( hope I am not wrong ) so problems of server in odin are negligible ( hope again i m not wrong )

ratan jain · #7 9th December 2007, 10:06 PM

Quote:

Originally Posted by trader31339

Ratan ,
Ur brokerage is 0.075 or 0.0075 ??
In ur earlier post ( 1st) u wrote 0.075 which was not appealing for me.
In the second one ( ur reply) u have written 0.0075 which is quite good. Please tell us the broker and the way we can also get it

By speaking to the co I meant we will discusss all these issues or say whatever issues to the co. I know none of the cos accept their de merits / drawbacks but we can have a word of mouth regrading these issues in the begining itself.

Dont compare Relaince and this co server , both technology are totally diff and so the end user exp will be also totally diff. Reliance is a browser based trading interface and whereas ODIN is a CTCL product ( hope I am not wrong ) so problems of server in odin are negligible ( hope again i m not wrong )

Dear,

My bkg is .0075% per leg..... but I have moved away from intraday trading... Money is good, but the stress is too much for me.

Stopped 1.5 months back, concentrating on EOD .

Odin is just the software.

The server that hosts it has to have excellent uptime

Also, the servers connectivity to the exchange, and in turn, their servers capacity to handle " x " number of simultaneous connections is what decides the server uptime

Odin is by far the best tradiing software I have ever used, but the experience with different brokers offering Odin has been different.

unicorn · #8 9th December 2007, 10:54 PM

Quote:

Originally Posted by ratan jain

Dear,

My bkg is .0075% per leg..... but I have moved away from intraday trading... Money is good, but the stress is too much for me.

Stopped 1.5 months back, concentrating on EOD .

Odin is just the software.

The server that hosts it has to have excellent uptime

Also, the servers connectivity to the exchange, and in turn, their servers capacity to handle " x " number of simultaneous connections is what decides the server uptime

Odin is by far the best tradiing software I have ever used, but the experience with different brokers offering Odin has been different.

Hi ratan jain
Are you trading with microsec?

Please give a reply

ratan jain · #9 10th December 2007, 12:17 AM

Quote:

Originally Posted by unicorn

Hi ratan jain
Are you trading with microsec?

Please give a reply

Where in the world did u get that idea.

Just heard about the site from this post.

trader31339 · #10 11th December 2007, 03:10 PM

Ratan,
I am too thinking to try to shifty to EOD from intraday , however my fear is that EOD trading will give money only in bull mkts or the mkts like this the one we have right now , whereas intraday and FNO will give oppurtunities in every mkt ( long / shorts)

so please correct me ratan as I am trying to make up my mind for EOD but stuck with the above issue.Please help me in concluding to EOD,
thanks in advance