Asthashare

#1
Hello Friends,
When i contacted Astha securities this is what they email me. Please do analysis and post if it is affordable to trade with them.
Which segment is more affordable with them?



Astha Credit & Securities (P) Ltd

Dear Sir ,

We are the best brokerage house in central India giving 24 X 7 services to our clients in NSE, MCX, NCDEX & MCX-SX . We offer best customer service at lowest brokerage with excellent inter day margins/limits. We welcome you to join hands with our company and save up to 90 % in brokerage expenses .
About Us :
Astha Credit & Securities (P) Ltd. Bhopal based first NSE member, Astha Credit & Securities (P) Ltd. is one of the leading Broking houses in India. The company with its acknowledged presence in the field of investment consultancy, stock broking and commodity broking is providing continuous quality service on exchange traded derivatives , cash market and commodity products for over ten years.
Astha Group is an upcoming Investment Services Group having more than 100 business locations all over India. Numerically it serves over 20,000 regular customers in India with its various services including securities, derivatives trading, Commodity trading, depositary services, research & advisory services, institutional broking etc. for more details

Our Services :
Retail Stock Broking in equity and derivative segments.
Commodity broking in MCX and NCDEX.
Currency Trading in MSC-SX
Web based Backoffice
Online transfer of funds through Various Banks & online payout structure
Lowest Brokerage rates for high volume sub brokers and traders
Customized Personal Environment to solve all your trading problems
MCX, NCDEX, NSE, MCX-SX all under one roof
Open your Account within one days
.
Plan 1 - Unlimited Trade Zero Brokerage :
Unlimited Trading Zero Brokerage Plan Rs 1999/-Per Month for Commodity ( MCX + NCDEX)
Unlimited Trading Zero Brokerage Plan Rs 1999/-Per Month for Equity (CASH + F&O )
Unlimited Trading Zero Brokerage Plan Rs 999/-Per Month for Currency (MCX-SX)
80 to 85% Loss then automatic Square off position in Commodity/Equity(Cash+F&O)/Currency
No Software Charge (Odin Diet and Back office Free)

Plan 2 - Rs.20 Per Order Brokerage :
Unlimited Online Trading Rs 20/- per Order Plan ( MCX + NCDEX)
Unlimited Online Trading Rs 20/- per Order Plan -NSE (CASH & F&O)
Unlimited Online Trading Rs 20/- per Order Plan Currency(MCX-SX)
80 to 85% Loss then automatic Square off position in Commodity/Equity(Cash+F&O)/Currency
No Software Charge (NET NET Web Based Trading Software and Back office Free)

Plan 3 - Percentage Base Brokerage :
Commodity Brokerage is Rs. 300/- Per Crore
Currency Brokerage is Rs. 400/- Per Crore
Equity(Cash & F&O) Brokerage 1 Paisa Intraday & 10 Paisa Delivery ( Inter-day Rs 1000 CRS)
Immediate trade confirmation through sms.
80 to 90% Loss then automatic Square off position in Commodity & F&O
No Software Charge (NET NET Web Based Trading Software and Back office Free)
Margin for MCX / NCDEX :
Interday limit is 1% in All Segment ( MCX/NCDEX/EQUITY/F&O)
[ For Example : Silver (30 Kg) price - Rs 60000 then Lot Value is : 30*600000=Rs 60000/- then 1% of Total value is Rs 18000/- so Silver(30 kg) margin is Rs 18000/- ]
When some product or market is very much volatile & Increase Exchange margin then Our Margin is 2% - [ For Example : Silver (30 Kg) price - Rs 60000 then Lot Value is : 30*60000=Rs 1800000/- then 2% of Total value is Rs 36000/- so Silver(30 kg) margin is Rs 36000/- ]
Some Products margin is 3% [ All spices , NG , Mentha Oil ,
any other information for Brokerage & Margin plz click this Link

Margin for CASH/F&O :
In Equity ( Cash) : - you will get 20 times intraday exposure.
In Equity ( Future ) :- you will get 1.5% Margin basis intraday exposure.
[ if Nifty(50) Price Rs @5500 then total value is Rs @275000 then 1.5 % is Rs @275000 = Rs @4125 So Nifty(50) Interday margin is Rs @4125 ]
In Equity ( Option ) :- No intraday exposure. ( Total Primum Lot Value)
When some product or market is very much volatile & Increase Exchange margin then Our Margin is 3% in Equity ( Future)
Margin for Currency :
In Currency (MCX-SX) you will get 1% Margin basis intraday exposure.
[ if USDINR(Lot Size-1000) Price Rs @60 then Total Lot value is Rs @60000 then 1% is Rs @600 = Rs @600 So USDINR(Lot Size-1000) Interday margin is Rs @600 ]
When market is very much volatile & Increase Exchange margin then Our Margin is 2% in Currency (MCX-SX)
 

akhill

Well-Known Member
#2
20 times intraday exposure :lol: :rofl::rofl::rofl: this is gonna sweep the accounts, but generate heavy volumes for the broker :clap::clap::clap:
 
#5
20 times intra day exposure means what? if total buy value is 10000 then my cash amount should be what? I have heard about 5-9 times, never heard of 20 times before
 

akhill

Well-Known Member
#6
20 times intra day exposure means what? if total buy value is 10000 then my cash amount should be what? I have heard about 5-9 times, never heard of 20 times before
yeah.. brokers do offer 20 times.. I've myself heard of 15 times .. 20 times is the first time I am seeing here, but no wonder. brokers will be able to offer such a margin.
 
#7
yeah.. brokers do offer 20 times.. I've myself heard of 15 times .. 20 times is the first time I am seeing here, but no wonder. brokers will be able to offer such a margin.
I think they are doing this to produce huge turn over for their firm. But only professional traders can survive. Kindergarden traders account would get vanished in a short period of time.

Give your views on this
 

balab

Active Member
#8
1.5% margin requirement means 10/1.5 = 6.6x leverage . Is this correct? I am comparing with wisdom capital who are offering 10x leverage. Seems like a better deal. But no nationwide presence like Astha.
 
#10
@ Balab, u r talking abt 1.5 % margin thts for Future, n 20 times for cash

In Equity ( Future ) :- you will get 1.5% Margin basis intraday exposure.
[ if Nifty(50) Price Rs @5500 then total value is Rs @275000 then 1.5 % is Rs @275000 = Rs @4125 So Nifty(50) Interday margin is Rs @4125 ]

thts nt 6.6x, thts 66.6x I guess..
 
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