Religare users thread

[srini78]

Dear Religare clients,

iam a religare client too , lets discuss abt their services , at present i do commodities with religare

i need comments on Equity trading in Reliagre .

pls comment .........

Cheers

 

[srini78]

they said brokerage details for share trading

is it good ? is their service good ?

Also any idea on min brokerage they charge /trade .


r they paying 3 % interst on margin as being advertised

please give your views , i plan to open acc for share trading also .

 

[pakatil]

@srini78,

I have been Equity Trading with Religare since two months. The Terminal is quite good & Trades gets executed quickly. No Interruptions in connectivity with their Server.

Brokerages are very reasonable. If you opt for Freedom Plan with an Annual Subscription of 4000.00, Brokerage gets reduced considerably. No Minimum Brokerage. Yes, interest is paid on Margin Amounts. (Not sure about percentage). Also they are giving 20 times Exposure for Intraday Trades.

I do believe that, it is worth trying it.

Cheers
PAKatil

 

[pakatil]

@Srini,

Normal Brokerage : 0.5% - Delivery and 0.05% - Intraday.

Freedom Plan : 0.3% - Delivery and 0.03 - Intraday, plus free volumes (1,00,000 each on NSE, BSE, Fno Intraday and 10,000 each on NSE , BSE Delivery)

Cheers
PAKatil

 

[rpc]

hi
I have come to know there is a clause in their agreement which says Religare won't be responsible for frauds committed by their employees.Is it right ?Do other broker's also have same clause ?
Pls enlighten
with best wishes
rpc

 

[srini78]

thanks pakatil,

i think now they have introduced some reward points in Race platform

is it working well

i have the opening form for shares trading , yet to fill up , just want to know some details from religare users in shares

in commodities ,its ok. iam using Rally .

 

[srini78]

to rpc

i think every broker has such clause , because that problem is common with all of them

cheers

 

[rpc]

hi srini
thanks for clarifying.Isn't it scary :< .How can we protect ourselves if the employees which can include even directors commit frauds.
with bst wishes
rpc

 

[saji oommen]

Hello,
Can any of the religare users kindly confirm this clause in POA(Power of Attorney) to be signed while opening an online trading account.

One of the clause (No-4) page 25 says religare can open,operate bank accounts, to pay , recieve funds or change existing bank mandates, -----transfer, withdraw, payment of money etc


They are asking the POA to be signed in a 100 Rs. Stamp paper to be attested by a notary public. Where as the application form has the same POA format with signature space. No where in the booklet including the checklist it is mentioned POA to be prepared in stamp paper.

Could some one throw some light on this issue

Regards

Saji

 

[smineel]

Hi

I am having race-pro account, but the problem is that i don't get live quotes using their software, even if i use browser based R-ACELite i still don't get live quotes updated automatically.

I have turned every stone but could not find the solution, religare people help was not useful...........
Does any body had this problem..........or any advice