Any body know about R Trade?

nareshji · #**571** 22nd October 2007, 06:04 PM

Quote:

Originally Posted by amandeep08

Hi Tulika,

Can u provide some information because i am new to this share market.

there are only two key to make money in share

1. lowest brokarage
this will help you to buy a stoke say at a prise 51 x 3000 nos
after few minutes when prise touches 51.50 paise sell your stock with profit of [0.50paise profit - brokarage 1 paise] means 48.0 paise x 3000 = rs 1440.00 within few minute

thats why low brokarage is very important
for other service provider their brokarage is [50-5=45 paise]will give you rs 1350.00 so you are looser
i think this will clear the picture to novice

Trader07 · #**572** 2nd November 2007, 10:53 AM

gvnarendra, please give an update on your experiences with R-Money, especially in respect of software performance.

MuraliCR · #**573** 2nd November 2007, 12:06 PM

Hi All,

I recently opened Reliance Money account. I tried transferring money from ICICI Bank through Reliance Money Site but after enter the transaction password the following error message is show. I have posted the same problem to Customer Care but no response till now.

Did any one face similar problem? If so please let me know should I change some browser setting or its the problem with Reliance Money Site.
Thanks in advance.

=========================================
Microsoft OLE DB Provider for SQL Server error '80040e10'

Procedure 'OREBankTransactionResponse' expects parameter '@ClientCode', which was not supplied.

/STSB/BusinessLogic/ServerSide/ICICIBankResponseFu ndTransfer.asp, line 63
=========================================

Thanks,
Murali
Edit/Delete Message

THETRADER · #**574** 2nd November 2007, 08:13 PM

Quote:

Originally Posted by nareshji

there are only two key to make money in share

1. lowest brokarage
this will help you to buy a stoke say at a prise 51 x 3000 nos
after few minutes when prise touches 51.50 paise sell your stock with profit of [0.50paise profit - brokarage 1 paise] means 48.0 paise x 3000 = rs 1440.00 within few minute

thats why low brokarage is very important
for other service provider their brokarage is [50-5=45 paise]will give you rs 1350.00 so you are looser
i think this will clear the picture to novice

It is (51.50-51)*3000 - 0.02 = Rs.1499.98!, Rs.0.01 brokerage is charged only on the transaction. You also have to pay limit card charges. Other charges are regulatory, as with every broker.
But then, what if, if you are getting delayed quotes (as you get with RelianceMoney?) Your trade profit will go for a T(L)OSS! Just check out the quotes of Reliance with any other online broker's, then you will know what I mean!

cooldude_geek · #**575** 7th November 2007, 12:11 AM

My experience with reliancemoney has been very bad. This INPROCESS thing has cause me lot of trouble. For me I placed the order in the morning and that order remained INPROCESS for the entire day. You can't even modify or delete your order during this time. It can really cause big losses. Also there is a Rs. 12 transaction charge for selling a share in delivery.

CHEAP BROKERAGE CHEAP SERVICE.

mahesh4 · #**576** 31st March 2008, 09:11 PM

Quote:

Originally Posted by msiddique

Hi ajayab,

Please search the site traderji.com, you will get many many responses & details for RMoney.

-Siddique

ALL OF YOU FORGET ABOUT RMONEY OPEN ACCOUNT WITH ANOTHER BROKER LINE RKGLOBAL
AND SAVE YOUR MONEY
TRADING WITH RMONEY IS DISASTER

uasish · #**577** 20th April 2008, 10:36 PM

Plz restrain in posting the same post in Four different threads.

rbalu72 · #**578** 24th April 2008, 05:38 PM

RTrade -- forget about it and steer clear of any thing associated with RMoney.

Its not for 'TRADING' by any standard.

If you do trade in Derivatives or Cash,

Explore other options like RKGlobal ODIN its really fast (even on a TATA Indicom Wireless adaptor at 156kbps) -- i felt good value for money though it is costlier than RMoney .. it is not at all expensive than those Sharekhans and ICICIDirects.

Similar Threads for: Any body know about R Trade?
Thread	Thread Starter	Forum	Replies	Last Post
Hi every body	murale	Introductions	1	7th April 2006 08:22 PM
Hi every body	rajeev111	Introductions	1	6th February 2006 11:12 PM
Can some body help me	bhoovib	Introductions	1	30th August 2005 09:26 PM
hai every body	rock_mighty	Introductions	0	5th August 2005 02:03 AM
Hello Every body	tashwani	Introductions	1	24th July 2005 11:16 PM