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  1. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    You may fill the application online on ProStocks Account Opening. for Margin Please visit ProStocks Margin Calculator . ProStocks Margin calculator for FNO is updated real-time.
  2. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    This time there will be full clarity. One thing is very clear that if Intra-day leverage is allowed, it will be allowed from Stock Brokers own funds and use of one client's funds for another would not be permitted. From 1st April 2020, Stock Broker has to upload every days ledger balance of each...
  3. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Last official communication was from NSE through circular where they mentioned that Margin Collection is required for Intra Day position also at full rate of margin.
  4. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Difference Between Demat Account and Trading Account In this article you will learn about these similar quires: Demat Account Vs Trading Account Why Demat Account required? Why Trading Account required? Who can open Demat Account? Who can open Trading Account? Read the Blog on our website...
  5. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Not at all. We never Traded and will never Trade. We will remain fully focused for Clientele Business. I was told 25 years before either Prop or Client Business, not both. We will follow.
  6. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    This is not correct. There are discount broker in the list. Additionally since lot of Stock broker are loosing business so they are moving prop to their group companies or associates and opening that account as client. There is saying " Once a Trader Always a Trader " . A Trader can give...
  7. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Every month Exchange has to put Stock Broker Prop Trade MIS . Monthly Prop Trading Disclosure by NSE of Stock Broker . Every month data are kept but surprisingly previous data are not given
  8. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Please read my Blog on Overcharging ‘Exchange Transaction Fee’ by Many Brokers in India . This is detailed. Keep one simple calculation in mind. Anything which is not regulated either by SEBI or Exchanges cannot be charged to client in Contract Note. PCM Fees is not regulated either by...
  9. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Yes. You are correct, on most large cap Var Plus ELM is around 12.5 which mean effectively 8 times.
  10. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Yes. You are correct, on most large cap Var Plus ELM is around 12.5 which mean effectively 8 times.
  11. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    We provide 7 times on most shares where exchange Var Plus ELM is around 12.50 percent. We will continue to follow this policy. We will continue to offer as long as this does not violate upfront margin collection regulation. 3. Unless someone provides superb api or some exceptional auto...
  12. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Upfront Collection of Margin ( which is Var Plus ELM ), to the extent mentioned on NSE website at given link NSE Var Margin File for CM Segment is minimum required to be collected for CM Segment from 1st January, 2020. Stock Broker is required to report margin collection for CM segment also...
  13. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Please understand per Regulation any leverage in FNO is not permitted. Soon penalty will be levied.
  14. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    We never done such calculation. Principally we are against using one client's funds for exposure to other client. Now all this is irrelevant as Intra-day leverage would not be permitted in FNO. In fact this was never permitted.
  15. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    As far as SEBI is concerned, There is no change in Regulation. Regulation from the day Futures and Options were allowed on Exchange Platform is of Upfront Collection of Margin. Those who are giving are in Gross Violation and no one will notice in advance stating that we will not do...
  16. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    You are wiser and still you are asking us to reply. Please understand that neither NSE nor BSE is giving volume linked incentives . Make money even if they do not charge ? Those who do not do Prop can never use client's funds for exposure in Stock Market even for Intra day. Those who...
  17. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    From 8th February which is Saturday so from 10th February,2020 onward.
  18. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    ProStocks does not do Prop Trading. In 120 years history of Indian Capital Market whenever a Stock Broker has defaulted 98 percent time cause was Prop Trading. What could be a revenue model if every thing is Free? There has to be some catch ? I hope you are wiser and got your answer
  19. S P Toshniwal

    ProStocks - Unlimited Trading Plan and Flat Fee Plan

    Recently concern of client has increased about safety of their Demat Account . Keeping this in mind, we have written Blog on this subject. How to avoid misuse of Power of Attorney (PoA) by Stock Broker/ Brokerages or relatives? How to protect your shares and mutual funds in Demat Account...