Angel broking: Cheap brokerage and excellent service.

Hi today i fill with form for opening commodity account in angel commodity .
After Negotiation they offered .01% in 15,000/- as margin money . & promised me they will reduce it futher if my volumes go high . okkk i gave them cheque of 15,000/- & i will get my user id in 5-10 days

I am Newbie in Equity & commdoties . 1 month ago i opened my First equity account in Venture ,,its a prepaid plan of 3500/- Rs with .03 intra(one leg) & .20 delivery .
Venture service is ok ...its cheap but still i'm not totally satisfied with venture so i decided to open account in angel but for brokege rate like venura they r asking me to pay 50000/- as margin money ,,so i delayed it to next month

After negotation angel RM offered me .02(both leg) intra & .20 delivery.for this i have to pay 35,000/- as a margin money.they also promised me to futher decrease my brokege if my volume r quite high .I asked them to take cheque at the mid of December.

The thing i dont like in angel is they r charging 30 rs minimum in a trade day & .03 minimum brokege for a share unlike in venture there r no such conditions.

What do u all think do i Get a best deal or i have to negotiate more,,,do i best in commidity ???

You can not trust Angle Broking.They do lot of Unauthorised trading by offering cheap brokorage. I am victim their malicious trade practice.

I have a question here for active users of angel trade....
1. For Feb expiry I did a long of 100 units in NIFY at 4806.00 14th Dec
2. Again on 15th did a FRESH short of Feb Expiry for 100 units in NIFTY at 4787.00

Thinking that if NIFTY goes below 4787.00 then will book a profit here and later when it will go above 4806.00 will book a profit there as well.

I thought these two positions (long and short) will come as two different rows in net position so that which ever I want to square off I can do it easily.
But now after the 2nd trade the units in net position (with just one row) has become zero and clicking on square off button says "You don't have any position"

Question that I have:

1. If a long position is there and later I make a fresh short position in the same expiry does it cover the previous position and vice versa.

2. Or will it happen like below:
Now if at this stage suppose NIFTY is at 4820.00 and I make a fresh short position again, will it cover my long position of 4806.00 with a profit and my 2nd short position @ 4787.00 will become alive?

Please help me on this.

I called up the customer care also and they said that we only provide technical assistance but your query is purely functional so we cannot help you on this.