Anand Rathi

#1
hi,
i m going to open demat a/c (offline).the opening charge is 550+299.
They are saying that if i pay margin money of 10k....i wil nOt hav to pay any opening charge(550+299).

1. is IT RIGHT ?
2. can i withdraw my money back after i get my a/c open.?
3. can i transfer is to online a/c after 10 days?
4. how is trading software.?
5. can anyone tell me is online trading is good in anand rathi.?


thanx
 
#2
1) I don't know about offline, but online i paid 750 a/c opening charges and 750 for software(one time charge).
2) You need to maintain minimum 500rs, you can withdraw the rest.
4,5) Trading software : order execution is fast, but these days there are having some server problems for 10 seconds in between. technical analysis is not upto my satisfaction. You get only 1 min candlestick, no previous days intraday charts, many other problems. sometimes software exits by itself. If you are an intraday trader, avoid Anandrathi. For investing and position trading, go for it.
 
#3
hi chentan ,

thx for quick reply.
i m being offering .03% and .30% p brokerage. and nest trade.i dnt kw abt odin.....is it better then nest.?
can i ask them for odin .?
my main question is that .....will any document or statement wil come to home address.?i dnt want any document to be posted to my home.i want to collect all by hand in office.
 
#4
As i said, Nest is not good for intraday trading, doesn't offer enough tools to compete against other competent traders. I read most experience traders use 3min, 5min, 15min candlesticks for entry. They also use previous days intraday charts to know the levels, draw trendlines, etc. Nest doesn't offer any of these.

If you have taken delivery of shares, you will get some posts once a while. A/c statements will be posted half yearly i think.
 

Capricorn

Well-Known Member
#5
Order placement, execution and rate of updation is great in NEST. No problems with connectivity as long as your brokers server is not down or you have ISP related problem. A lot of brokers use NEST.Here's the list
http://www.omnesysindia.com/customers.htm and then some more.

As for charting I doubt any experienced trader uses a broker provided feed or charts. Better to get a paid service for these.:)

I don't trade with Anand rathi but have experience with the NEST system.( Nest strategy,pulse and API)

These products leave the PIB and Trade tiger far behind.
 

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