Actionfin.com

#1
hi

there is an advt in tv by action finance mumbai asking 10 paise per executed order

all the members are advised to share there views

how can the brokerage be so low

please give comments

thnx

sumit bhatia
 

soft_trader

Well-Known Member
#6
IMO Actionfin doesnot qualify for discount broking. Discount broking should come without any conditions. But in Actionfin they are asking for security deposit. Why the hell we should keep security deposit with them. For what reason???

Bezel again can't be called a discount broker coz they are taking advanced brokerage of Rs.9999/-

Just my opinion though.
 
#7
For topmost slab in trading, they are asking for a security deposit of Rs 50,000 ( in addition to the annual charges ) and this deposit is in addition to the margin. Why would someone pay a deposit for opening a demat account ? And the interest on Rs 50,000 works out to 450 pm....so these are like fixed charges.....does not make sense .....

Smart_trade
 

Raju

Well-Known Member
#8
For topmost slab in trading, they are asking for a security deposit of Rs 50,000 ( in addition to the annual charges ) and this deposit is in addition to the margin. Why would someone pay a deposit for opening a demat account ? And the interest on Rs 50,000 works out to 450 pm....so these are like fixed charges.....does not make sense .....

Smart_trade
I agree with Smart_Trade .In addition to deposit, AMC is 1200/-

http://www.traderji.com/brokers-trading-platforms/77212-action-financial-services.html#post748315

Regards,
Raju
 

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