Discussion in 'Brokers & Trading Platforms' started by bharath.mang, Sep 25, 2010.
can one withdraw funds on non trading days like saturday etc.?
1. No margin for buying options......you can buy options as per your capital only.
2. for short selling options intraday, you should have 7K - 12k depending upon strike price...ATM/ITM/OTM.....etc...
1. No margin for stock futures...
2. you can buy/short them intraday for half of the span margin.
3. for holding them you need full margin amount.
please see the below link.
What is the meaning of " Alternative brokerage plan of 0.1% for delivery trades and 0.01% for intraday trades are available upon request. Contact us for details."
As per the statement in the above link 200 reliance shares delivery brokerage is Rs.40/- ( buy-20/-+ Sell-20/-). As per alternative brokerage plan it is coming Rs.200/- at the rate of 0.1%.
Please explain in this regard.
NSE Cash Market - Intraday=0.01% , Delivery=0.1%
NSE FnO Segment- 20/Trade (Executed Order)
This plan is very helpful for those traders' whose turnover is below 2Lc...
Ask Mr. Sachin or mailing email@example.com, for their brokerage calculator... That will make you understand the scenario better...
Are you sure for SHORT SELLING NIFTY OPTION - ITM, ATM, OTM for intra day is only between 7K - 12K. Please confirm again. As me currently paying 21K around for SHORTING Nifty option.
1. about ur CC: look man, i am expressing what i have experienced. the guy was really giving some odd answers, hence was my comment in previous post. anyways, nothing serious. will get back to u later when i got some spare time. or i will better call NSE now support in this matter. let them also understand some end users problems.
2. no doubt NSE got some quality security. but my frnd Firefox is truly a genuine thing. its developed & used by cores of ppl every day. its open source. the warning issued by Firefox need not to be taken lightly.
in the world of internet security, there is no thing like "100% full proof". every thing can be breached. We have seen people from neighbor country breaching into the system of DRDO offices & taking away vital national security information. the information which is worth 10 times 1,00,000 cores. same goes for some chineses kids breaking into the the computers of CIA, white house & many top level US agencies.
the point i am stressing here is: the so called most secured things are the most vulnerable in online world. history indicates so.
i always feel better to be safe than sorry. that's why i thought it will be a good thing to raise the alarm in some form. Never take security issues so lightly. even if they are false positive.
anyways, i hope this will not be the case for Zerodha & we are all secured here.
But hope is very dangerous thing in online world & in stocks trading. (my experience tells me so)
just my 2 cents. nothing personal here.
when i was using rkglobal site this certificate or unsecure thing came many times (ask any and i mean ANY rkglobal user and he'll confirm).
now i anit big techie but once in sbicapsec there was such error too after i formatted my system. what i did was kept my internet security level in i.e. to high from medium-high hence got many false positives.. may be you have high level security in i.e. settings or in your firewall settings.
2ndly i used i.e. site when my a/c was activated but nsenow wasn't and since i'm on limited bandwidth plan i got screwed up badly as spending 3 hours cost me 130+mb on i.e. by afternoon i reliased it and shifted to chrome but it was not working so well so i used i.e. extension and result was only 9mb in 1 hour and 30 odd minutes. what i'm trying to say is instead of using lbs there is better option for fast as well as bandwidth saving to use chrome.
and as i said i aint any techie hence take my answer just as a passer by tells you when your car gets stop, "petrol check karo, khatam ho gaya hoga".
you have option of choosing flat charge of 20 bucks per order OR percentage based brokerage according to your trading style. if you are big trader/investor, choose 20 wala plan, refer my post in page before this post #2703 http://www.traderji.com/brokers-trading-platforms/47790-zerodha-271.html#post541888
lets assume you hit a jackpot and you had a percentage based plan so far and you want to put 50 lacs in one go.. that would be 5000 in delivery and 500+500 intraday buying and selling! wait.. call zerodha, ask them to change your plan from percentage to per order wait to confirmation and bingo.. you can save rs 4980 or 960 just by 1 call! and next day you again want to shift to percentage, call them again.. std from mobile costs 50 paisa these days.. it aint that costly for saving some dimes.
2021: The last line you mentioned is my line I hold the copyright to this line in this thread at least!. You will hear from my lawyers. When I dont make money in trading, I spend my weekends sueing people. When that doesnt work too, I spend it screwing people
50k for option trading??? .... We would have to shut shop in no time at all... ....
1. For buying options you need to have your entire premiums... 10 times margin is for trading intraday stocks...
2. We don't provide 50k for options, For option writing the margin required is 50% of SPAN , with 5k you could probably just short 1 lot of a deep out of the money option....
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