Finvasia

[Finvasia]

Hi TraderRavi,

what is the impact of GST from july in stamp duty .

We are waiting for final regulatory guidelines to understand the impact.

at present it is Rs 10 per day for most of the states in finvasia.

At present it is Rs 10 per day for most of the states in finvasia.

few other queries

1) what are account opening charges if any

There are no account opening charges. It’s Free and digital.

2) for only FNO segment in NSE what are monthly charges to be paid ? NOW free, NEST 149/ , BO 99/ correct ?

Till June 30, there are no NEST charges. We shall come back with revised NEST charges which shall be certainly lower than these charges. Yes, BO charges are applicable since 1st Apr 2017

3) what is BO margin needed for 1 lot BNF ?

For Bank Nifty Future, you need around INR 30200 with Bracket Order. Current Exchange margin requirement is around 87000.

4) call & trade is free

Yes, call & trade is Free

as per brokerage calculator at 21500 , BNF 1 lot total charges are 126/

126 is all taxes and does not include stamp duty charges. Stamp duty is added as per client residence.

Thanks

 

[Finvasia]

Thanks for the response.

Now, I understand that the facilities available free at present (till 30th June) will be chargeable from 1st July.

Suppose a member wants to discontinue some part, maybe discontinue a market segment (maybe CDS, BSE, maybe BO), what is the procedure for the same ? Also, when will be the charges debited from the account ? At the beginning of the calendar month or at the end of it ?

Hope that with SCALPERT, you will also provide a detailed intraday margin calculator for BO too. A lot of day traders here in the forum.

Hi Timepass,
You are referencing to multiple services. Please see our below reply to explain better.
1. Brokerage shall be FREE forever.
2. Further, depending on your technology need, there are multiple options to select software ranging from Free to Paid. NEST is free till June 2017 and we shall share the revised cost of NEST shortly.
3. There shall be some leverage cost in case you wish to avail additional limits over and above the free limits. More details shall be shared during SCALPERT launch.

Client can raise a ticket in their back office to disable or enable any service/segment. The cost shall be charged upfront on monthly basis. Thanks

 

[Finvasia]

Hi Finvasia Team - Just want to check if the password duration has been increased to 3 months? It will really help if it has been already done.

Hi Gansal, We have disabled the transaction password requirement. Further, password duration has been changed to 3 months as well. Thanks!

 

[traderniftybull]

1. What is the procedure for online account opening.
2. Do you require anything else beside, PAN and Aadhar number

Thanks

 

[Finvasia]

Hi Traderniftybull,

1. What is the procedure for online account opening.

You can open your account at http://login.finvasia.com/register

2. Do you require anything else beside, PAN and Aadhar number
Thanks

The digital account shall open using PAN and Aadhar number. You might need to upload additional documents based on segment selected.

Thanks

 

[traderniftybull]

Hi Traderniftybull,



You can open your account at http://login.finvasia.com/register



The digital account shall open using PAN and Aadhar number. You might need to upload additional documents based on segment selected.

Thanks

What additional document are required to open digital account for

1. NSE Equity
2. NSE Derivatives
3. MCX (if any additional, then please specify)

I am asking, so that I get these documents ready at that time.
Thanks

 

[Finvasia]

Hi,

Below is the list of documents to be uploaded:

What additional document are required to open digital account for

1. NSE Equity

Client Master (CMS) and cancelled cheque

2. NSE Derivatives

Six Month Bank statement or three salary slip or latest ITR and cancelled cheque

3. MCX (if any additional, then please specify)

Cancelled cheque

Thanks !!

 

[traderniftybull]

Hi,

Below is the list of documents to be uploaded:



Client Master (CMS) and cancelled cheque



Six Month Bank statement or three salary slip or latest ITR and cancelled cheque



Cancelled cheque

Thanks !!

Client Master (CMS)

hmmmm
What to do, if one does not have a demat account OR do not wish to attach his previous demat account. Arent you opening a demat account.

BTW, you need image (IMO, pdf file will also do) of all documents mentioned above or in some other way.

Thanks

 

[OneThatGotAway]

Hi Gansal, We have disabled the transaction password requirement. Further, password duration has been changed to 3 months as well. Thanks!
Reply With Quote

Finvasia says transaction pass disabled...

Well when i log to account and place my first order it always ask transcation pass
they have not disabled.
opening ticket regarding that does not help .they will cal u and give awesome bla bla reason at least the voice of caller is so sexy that u don;t feel like arguing and u let it Go saying close the ticket lol...

not a issue but transaction pass is alive

 

[marimuthu13]

Did anyone tried BO in MCX using NEST??