Traderji.com - Discussion forum for Stocks Commodities & Forex


RKSV - Unlimited Online Trading @ 1947/-

Discuss RKSV - Unlimited Online Trading @ 1947/- at the Brokers & Trading Platforms within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by 403.forbidden ================= What is this " High Volume traders " ? please,explain... ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > TOOLS & RESOURCES > Brokers & Trading Platforms

Brokers & Trading Platforms Talk about Brokers and Trading Platforms here.


Closed Thread
 
Thread Tools
  #31  
Old 4th January 2012, 11:33 PM
Banned
 
Join Date: Mar 2011
Posts: 421
Thanks: 56
Thanked 761 Times in 256 Posts
TraderDude is a splendid one to beholdTraderDude is a splendid one to beholdTraderDude is a splendid one to beholdTraderDude is a splendid one to beholdTraderDude is a splendid one to beholdTraderDude is a splendid one to beholdTraderDude is a splendid one to behold
Default Re: RKSV - Unlimited Online Trading @ 1947/-

Quote:
Originally Posted by 403.forbidden View Post
=================

What is this " High Volume traders " ? please,explain...
By high vol, i mean people who trade lots frequently or should i say scalpers.

High vol traders is the wrong word here ..pardon me.

I meant scalpers..



Sponsored Links
  #32  
Old 5th January 2012, 07:13 AM
RKSV's Avatar
Member
 
Join Date: Nov 2011
Location: Mumbai
Posts: 865
Thanks: 78
Thanked 755 Times in 462 Posts
RKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to behold
Default Re: RKSV - Unlimited Online Trading @ 1947/-

Quote:
Originally Posted by TraderDude View Post
RKSV,

your offer is average at best. Zerodha still wins hands down.

Note i do not endorse Zerodha in any way. I do not work for them. But comparing all trades in a month. The brokerage with Zerodha is still cheaper and best compared to others and the new kid on the block RKSV.

I m currently trading with Religare. Planning to ditch them soon.

you got to do better RKSV.

E.x if i make 2 trades a day on average , that comes to 40 Rs/day . total 800 Rs/mn compared to 1947/mn.

RKSV is good for high volume traders. Not for most retail traders.
Hi TraderDude,

Thanks for your comment. On our part, we are focusing on our freedom plan and giving people good customer support. In terms of pricing alone, as a trader, you can see for yourself whether or not it will save you money based on our rates versus others. If it does, that's amazing news, if it does not, that's also amazing news since you must be getting a good deal too.

More brokers competing for your business just means that you have different options and plans to choose for your liking. Hehe.

Best,

RKSV
The Following 3 Users Say Thank You to RKSV For This Useful Post:
comm4300 (5th January 2012), nilesh53333 (5th January 2012), Sunny1 (6th January 2012)
  #33  
Old 5th January 2012, 05:54 PM
RKSV's Avatar
Member
 
Join Date: Nov 2011
Location: Mumbai
Posts: 865
Thanks: 78
Thanked 755 Times in 462 Posts
RKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to behold
Default Re: RKSV - Unlimited Online Trading @ 1947/-

Update: We are done offering free logins but you can always avail the regular plan. Thanks to those who signed up after seeing the post on Traderji!
  #34  
Old 5th January 2012, 07:04 PM
Kedarnath's Avatar
Member
 
Join Date: Sep 2011
Posts: 46
Thanks: 237
Thanked 12 Times in 10 Posts
Kedarnath is on a distinguished road
Default Re: RKSV - Unlimited Online Trading @ 1947/-

Quote:
Originally Posted by RKSV View Post
Hi TraderDude,

Thanks for your comment. On our part, we are focusing on our freedom plan and giving people good customer support. In terms of pricing alone, as a trader, you can see for yourself whether or not it will save you money based on our rates versus others. If it does, that's amazing news, if it does not, that's also amazing news since you must be getting a good deal too.

More brokers competing for your business just means that you have different options and plans to choose for your liking. Hehe.

Best,

RKSV
Hi,

Just to inform you that your brokerage is no doubt lowest but your other chrgs like(stt+stampduty+...etc is not correct)...

Like i do high vol business in futures as well as options.... i pay around 1275 per cr in futures and in options 6600 per cr.

And its on profit sharing...

So claim abt charges are much on the higher side... I hope u will give clear picture to your likely new customer ...and not keep buffer margin(profit) and make toll claims.
The Following 2 Users Say Thank You to Kedarnath For This Useful Post:
iyerboi (6th January 2012), VJAY (7th January 2012)
  #35  
Old 6th January 2012, 07:51 AM
RKSV's Avatar
Member
 
Join Date: Nov 2011
Location: Mumbai
Posts: 865
Thanks: 78
Thanked 755 Times in 462 Posts
RKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to behold
Default Re: RKSV - Unlimited Online Trading @ 1947/-

Quote:
Originally Posted by Kedarnath View Post
Hi,

Just to inform you that your brokerage is no doubt lowest but your other chrgs like(stt+stampduty+...etc is not correct)...

Like i do high vol business in futures as well as options.... i pay around 1275 per cr in futures and in options 6600 per cr.

And its on profit sharing...

So claim abt charges are much on the higher side... I hope u will give clear picture to your likely new customer ...and not keep buffer margin(profit) and make toll claims.
Hi Kedarnath,

The difference you see in cost is in turnover charges. Turnover charges are generally around 400 to 800 rupees for Futures in the market and can vary from broker to broker. It depends on whether the broker is a Self Clearing Member (SCM) or if he has to go through another Clearing Member (CM) and/or incurs any overhead costs.

Our CM is IL&FS, hence we incur overhead costs and you see that in the turnover charges. Just a note, we have mentioned that also on the bottom of our transaction charges FAQ saying it includes clearing costs.

Also on another note, we do not offer any profit sharing schemes. If that's what you are looking for, seems you got yourself a good deal. Good job!

Best,

RKSV
The Following User Says Thank You to RKSV For This Useful Post:
Sunny1 (6th January 2012)
  #36  
Old 6th January 2012, 05:24 PM
Member
 
Join Date: Sep 2011
Location: Chennai
Posts: 374
Thanks: 214
Thanked 244 Times in 168 Posts
iyerboi is a jewel in the roughiyerboi is a jewel in the roughiyerboi is a jewel in the rough
Default Re: RKSV - Unlimited Online Trading @ 1947/-

any reviews from the guinea pigs who signed up from traderji?
The Following 4 Users Say Thank You to iyerboi For This Useful Post:
jain.er (7th January 2012), NTrader42 (7th January 2012), SexyTrader (7th January 2012), Sunny1 (6th January 2012)
  #37  
Old 7th January 2012, 10:17 AM
Member
 
Join Date: Apr 2009
Posts: 1,004
Thanks: 396
Thanked 1,565 Times in 618 Posts
jain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant futurejain.er has a brilliant future
Default Re: RKSV - Unlimited Online Trading @ 1947/-

guinea pigs so funny
  #38  
Old 7th January 2012, 10:52 AM
Member
 
Join Date: Dec 2007
Posts: 264
Thanks: 163
Thanked 155 Times in 88 Posts
GTji has a spectacular aura aboutGTji has a spectacular aura about
Default Re: RKSV - Unlimited Online Trading @ 1947/-

5x exposure is kind of out of place with the rest of your offer. You should provide more margins.
  #39  
Old 7th January 2012, 12:44 PM
Member
 
Join Date: Jul 2010
Posts: 207
Thanks: 91
Thanked 77 Times in 52 Posts
sachin928111 will become famous soon enough
Default Re: RKSV - Unlimited Online Trading @ 1947/-

hi

rskv pl post breakeven points for buy and sell of 1 lot of nifty future
  #40  
Old 7th January 2012, 02:00 PM
RKSV's Avatar
Member
 
Join Date: Nov 2011
Location: Mumbai
Posts: 865
Thanks: 78
Thanked 755 Times in 462 Posts
RKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to beholdRKSV is a splendid one to behold
Default Re: RKSV - Unlimited Online Trading @ 1947/-

Quote:
Originally Posted by sachin928111 View Post
hi

rskv pl post breakeven points for buy and sell of 1 lot of nifty future
Hi sachin,

Let's use today's NIFTY value of about 4750. If you bought 1 lot of NIFTY futures at that price your break-even sell point would be approx. 4751.56. Since that's not a valid price in the market, let's round it up to 4751.60 making your break-even goal Rs 1.60.

Here's the breakdown of costs (rounded):

STT - Rs. 40.38
Turnover - Rs. 24.7
Svc Tax - Rs. 2.47
Other Charges:
---> Edu Cess - 0.05
---> Higher Edu Cess - 0.03
---> Stamp Duty - 9.5
---> SEBI Turnover - 0.48
-----------------------
Total: Rs. 77.61
-----------------------
Rs. 77.61 / 50 shares ~ 1.56 = Rs 1.60.
-----------------------

Whether you do 1 lot, 10 lots, or 100 lots, your break-even point for buying NIFTY futures at 4750 would always be 4751.60.

Now, this doesn't include the monthly Freedom plan charges. It would be hard to include the costing on this because you are allowed to do unlimited trading and it's a fixed monthly fee for you that doesn't go up with the number of trades you do.

Best,

RKSV


The Following 2 Users Say Thank You to RKSV For This Useful Post:
nilesh53333 (9th January 2012), timepass (8th January 2012)
Closed Thread

Bookmarks

Tags
brokerage, cash, f&o, low, unlimited


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads for: RKSV - Unlimited Online Trading @ 1947/-
Thread Thread Starter Forum Replies Last Post
Limited vs Unlimited Trading nac Brokers & Trading Platforms 40 30th May 2013 03:19 PM
Unlimited options Trading jain.er Brokers & Trading Platforms 14 9th December 2012 11:49 AM
Unlimited Trading Facility sureshkmkt Brokers & Trading Platforms 11 22nd June 2010 05:33 PM
Need Urgent Advise on Bajaj Capital Unlimited Trading Account r_a_sharma Brokers & Trading Platforms 0 20th September 2009 11:08 AM
ICICI Direct - 0.015% Brokerage Unlimited Derivatives Trading augubhai Brokers & Trading Platforms 4 11th July 2009 10:45 PM


All times are GMT +5.5. The time now is 05:12 AM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © www.Traderji.com 2001 - , All rights reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70