Asthashare

balab

Active Member
#11
Yes, but when you are comparing one broker to another the multiple matters, for example Zerodha is 2.5x, RKSV is 2x, here Astha is 6.6x and wisdom capital is 10x and so on.


@ 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..
 

healthraj

Well-Known Member
#12
They don't have any app for Android or Iphone to Trade on the move. It is a must in case of emergency when the Internet goes down or Power failure etc.. :) So they are just now starting and so they will be desperate to get the customers with Low rates. One more thing is to see how the system behaves on Highly Volatile days. Zerodha for that matter fails. Try executing a Trade on the Daya of INFY results. Your trade will not get executed and I have seen Zerodha giving some Silly reasons. I mean the Market order does not get executed... One more observation is whenever we have some big event like RBI Policy etc... The application hangs at 11 AM, when we want to take the Trade... So margin and Brokerage is not the only thing..
 

mastermind007

Well-Known Member
#13
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)
Suggest that you verify the calculation for F&O again with them

Most attractive offer on their part is F&O margin.

To to trade one lot of Nifty @ 5500, exchange requires that you have 28K-30K approx. This guy is offering at 4125 intraday which will be risky and impossible to carry forward to next day without placing remaining 25K+/-

I don't attribute lot of weight to Intraday margin because it is simply a way for a broker house to increase its own brokerage. It is a classic loan of funds that exists when you don't need it (cannot use it) and will vanish when you need it.
 
#15
Would be appreciated if an actual user, maybe Partha644, can give an appraisal of the actual functioning of Astha in the equities & FnO segment.
 
#16
Suppose if i have bought 1 gold Mini futur in MCX, then what is the last time for comupulsary square off? What if i want delivery and if I hav margin in account.

Then can i take delivery. or u make clients cumpolsury to squary off?
 
#19
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)
I think you promoting Astha....:D