JustTrade (Bajaj Capital) Option Turnover Calculation

Hi Northie

If I want to go for 14000 scheme (unlimited free brokerage) isn't it good ?
Are u using Bajaj? Can we talk ? My number 9946485707 ......Plz need some advice from you as you are already using it.

If you are a hardcore trader then it is damn good but even then beware of anything hidden (terms/conditions). I was using their justtrade silver service (but not now) and due to their wrong turnover calculation, I have been charged brokerage although in justtrade silver service they are claiming daily free intraday turnover of 10 lac in which a person is not charged any brokerage but as you can see in my previous posts that I have been charged brokerage even trading 4 nifty options contract in intraday just once. That means trading only 4 nifty options contracts in intraday only once will push you beyond 10 lac turnover accroding to justtrade guys as confirmed by me calling them on customer care!:annoyed: Accoding to my calculations they are calculating 15 times turnover than what it actually should be.

I mean if we calculate 10000 as actual turnover then accroding to justtrade that would be 150000 (min.) :annoyed:

But for justActive Gold(14K initially) they are giving unlimited free brokerage. So per lot it comes to 20-30 Rs in STT, turnover tax, stamp duty etc. Is anything hidden here which I am missing ? Please post your cell number.....need to talk

buddy, I can't take any hidden risk so I am going with RK global. :thumb:

What's hidden risk in justGold (14K)..plzzzz let me know

I don't know about that risk. If I know that then why I called it hidden? I am just warning you as I was also unaware about the hidden conditions in case of justtrade silver and rest you already know what had happened to me. Rest is your wish because it's your money. What the best I can do is to aware others what has happened to me. Good Luck.



PS: If you are so much confused about justtrade. Then why don't you think of going with rkglobal. They are also providing low brokerages. I have contacted them about the turnover calculations and they are giving me right response (I mean way of calculating turnover). They are also providing odin. If you wanna go with sharekhan then these people are providing tradetiger software free of cost. Tradetiger has charting facility also. Don't ever go with a broker which is not recognized by sebi as you will risk you money. Now a days justtrade are also not providing any software like odin because they are receiving complaints regarding it. I came to know about this when I demanded the software from them few days ago. I don't think justtrade gold will have any advantage without odin to you. As you are interested in 0 brokerage then it means you are a hardcore trader. How will you trade fast without a proper trade software like odin. Web interfaces are not that fast although they are good for investors.

wait man! If you are so much confused then I will talk to justtrade guys tomorrow for you regarding 0 brokerage. I will post here what they will respond to me. Don't worry. I want to know about whether you will trade or invest? I mean your frequency of trading in a day. How much capital you will trade in day? Then I can suggest you something profitable as I don't know your financial goal.

PS: If we will help each other, only then we can progress. So I am willing to help. Good Luck.

Thanks a lot for the concern you are showing......will help a lot to know about justtrade Gold from another person's perspective......I'll be trading rather than investing

Please let me know if you have faced any issues with the speed of trading coz they confirmed that for 14K plan one can do unlimited trade and brokerage is free.

not till now. however I have traded with them just once. sometime their realtime market watch (realtime stock quotations) stop working.