RKSV - Unlimited Online Trading @ 1947/-

Status
Not open for further replies.
M

madhav_dam

Member
#101
#101
Hi RKSV,

Thank you for your reply..I don't think you quiet understood what I'm trying to ask you..Is there a way a client can get minimum turnover limits for Rs 1947 brokerage charged for a month..Say for eg: Rs 10 crores minimum turnover..And if in a month I trade less than 10 crores (lets say I trade only for 5 crores), can i carry forward the remaining 5 crores over to the next month without having to pay Rs 1947 again..This would benefit a lot of clients who take positional calls on the markets..I m sure a lot of bhai bandhu's on the forum would agree with me on this one :):)

Regards

PS: 10 crores is a little too much :) Just an example..
RKSV said:
Hi madhav_dam,

There are no minimum turnover limits. You can trade 1 lakh, 10 lakh, or 1 cr and you will be charged the same. If you don't do any trading for a calendar month though, we won't charge you anything.

Best,

RKSV
Click to expand...
 
RKSV

RKSV

Upstox
#102
#102
madhav_dam said:
Hi RKSV,

Thank you for your reply..I don't think you quiet understood what I'm trying to ask you..Is there a way a client can get minimum turnover limits for Rs 1947 brokerage charged for a month..Say for eg: Rs 10 crores minimum turnover..And if in a month I trade less than 10 crores (lets say I trade only for 5 crores), can i carry forward the remaining 5 crores over to the next month without having to pay Rs 1947 again..This would benefit a lot of clients who take positional calls on the markets..I m sure a lot of bhai bandhu's on the forum would agree with me on this one :):)

Regards

PS: 10 crores is a little too much :) Just an example..
Click to expand...
Hi madhav_dam,

Ah got your point.. Sounds like something where you would use the 1947/- as advance brokerage for a specified amount of turnover? No we don't have such plans available.

To be honest, we only have one plan. There are no secret plans or features that we offer to specific clients or anything. But please keep giving us your input on what you'd like to see so we can keep improving. :)

Best,

RKSV
 
V

vaibhavstr5

Member
#103
#103
RKSV,

I don't know if this was answered before.
What about charges for NOW platform?

Also, could you post the break-up charges for 3*Buy + 3*Sell = 6 intraday trades of Nifty futures with a difference of 5 points(mentioned with breakeven point per trade). All 6 trades with unique entry/exit levels.

Thanks
 
RKSV

RKSV

Upstox
#104
#104
vaibhavstr5 said:
RKSV,

I don't know if this was answered before.
What about charges for NOW platform?

Also, could you post the break-up charges for 3*Buy + 3*Sell = 6 intraday trades of Nifty futures with a difference of 5 points(mentioned with breakeven point per trade). All 6 trades with unique entry/exit levels.

Thanks
Click to expand...
Hi vaibhavstr5,

No charges for NOW platform. It's included with the freedom plan.


Calculations:

This is for NIFTY, with a lot size of 50.

Entry = 4500, Exit = 4505. Your Charges = 73.57. Break-even = 4501.5 (+1.50).

Entry = 4750, Exit = 4755. Your Charges = 77.66. Break-even = 4751.6 (+1.60).

Entry = 5000, Exit = 5005. Your Charges = 81.75. Break-even = 5001.65 (+1.65).

Entry = 5500, Exit = 5505. Your Charges = 89.91. Break-even = 5501.80 (+1.80).

Best,

RKSV
 
J

jain.er

Banned
#106
#106
I know it is strange , but no you cant do intraday , although Zerodha provides this facility ...its strange that one broker is providing but other is not....
 
vallabh_joy123

vallabh_joy123

Member
#107
#107
mprakash1972 said:
Rksv,
sir,If i open only trading account without demat account can i trade nse cash segment intra-day?.
regards,
m prakash
Click to expand...
it is strange , but no you cant do intraday , although Zerodha provides this facility ...its strange that one broker is providing but other is not....
Click to expand...
RKSV please clarify... according to rksv aothorised person allowed to trade in Nse CAsh intraday without demate...although linking up your old DP is compulsory...

need clarification...

Regards,
 
Last edited:
J

jain.er

Banned
#108
#108
Well According to my authorized person at RK , you can not do intraday trading in cash without Dmat , you need to either open a new demat with them or link you old account...
 
RKSV

RKSV

Upstox
#109
#109
Hi guys,

For just intra-day cash trading, we don't require you to open a Demat account with us at all. But you do need to have a Demat account somewhere that we can link to. There are certain market scenarios where even if you do just intra-day trading, you will have to take delivery on the positions (say the upper or lower circuit gets hit). So for that reason, we would need some sort of Demat account. You don't have to open it with us.

Call us for more details. Depending on your scenario, who your DP is, we can work out a solution.

Best,

RKSV
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
D RKSV - Questionable support and service Brokers & Trading Platforms 56
S Broker which provide 5x+ margin for selling option? Fed up of RKSV issues Brokers & Trading Platforms 45
M Which is better Zerodha's kite, RKSV's upstox or Reliance's Tick? Brokers & Trading Platforms 5
S Trading only nifty options with Unlimited brokerage(like RKSV in the past) Brokers & Trading Platforms 10
M Which is the best RKSV's upstox pro or Zerodha's kite Brokers & Trading Platforms 2

Similar threads