Finvasia

Finvasia,
With further reference to E-dis , I think most of the brokers started. Latest is Fyers. Why not Finvasia, as you are reporting that you are Tech leader. But, you are the last in introducing customer needed things.
 
Ain;t broken Nothing to Fix
Finvasia Tried to Fix Nest that was never borken and FORCED Broke as$ Shoonya on everybody and see how ppls are praising Shoonya lol

Now a days after nse introduced new margins All broker lost interest in gaining new customer lol
Fyers long gone from thread . Finvasia on edge of going from thread leaving it like zombie

either ways now a days trader are only loosing money only investor are making money and they too crying thinking sold too early ^^

Anyways enjoy the song and become investor :xD in good company ... trading days are gone so is nest

EPS hai jhoota Cash flow hai Sacha ❤️❤️❤️

 
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Finvasia

Well-Known Member
Dear TJ members,

We are very much available and closely reviewing all the feedbacks shared. So, thought to quickly share on few suggestions

1. Implementation of Shoonya: Change is always challenging but is one of the potential ways to move forward. There have been various internal policy changes with NEST and our priority is always to offer the possibly best trading platforms to our clients. There may be some features which are different from the legacy system but we are planning to add more and more features in the near future. We genuinely extend our gratitude to all the members for sharing their thoughts and assure to keep customizing in the possible time-frame. So, we would once again, advice our clients to continue using the apps as we focus on the product development.

2. eDIS : We fairly agree and assure that it won’t take long to implement this. We don’t mind to accept that it is delayed than expected yet we plan to go live on this at the earliest possible.

3. Margins : Currently we are in the middle of various compliances to be implemented specially the hedging margins and peak reporting margin. We would like to keep fair balance between clients expectation (or we can say, how it has been happening in the industry since a long time) versus recent guidelines from regulators. We would make all possible efforts to pass the benefits to clients. There are never any intentions to ask for additional margin. Lets discuss about an example

a. Buy high margin Future first (example Nifty has Rs 1.56 L) and low margin option trade (Nifty Put buy premium Rs 7500) later: In this case, generally margin for future is higher. Since you trade future first, system shall check for the higher margin (as required for peak margin reporting) and you can trade option with low margin. Once both trades are executed and due to hedge margin benefit, system shall only block 30,000 and release balance. There is generally no issue.

b. Low margin first (say Option trade) and then high margin trade (say Future trade): In this case, the second leg (Future trade) needs higher margin and historically there was no issue since there was no intraday peak margin reporting. In the current situation, since you entered low margin (Option trade) first, we are asking for full margin for second leg (Future trade) which is higher than hedged margin (as per exchange on the trade level). We are working on it but currently, you need to have margin at trade level and not order level.

The challenge is when you buy low margin first and high margin later. It is expected that system should ask for hedged margin and not full high margin when you enter the second leg (Future trade). The issue is if you exit low margin trade first (say Options) while closing the position. When you exit low margin trade, your open position needs high margin (Future trade) for peak reporting. If you do not have enough margins for the high margin (say Future) trade at the time of entering the trade, you shall be reported for short margin penalty since full margin was not asked when you entered the trade. Hope this shall explain the current limitation as we get more clarification from the compliance and regulators in certain case.

We are working to prioritize the features based on the number of feedbacks received while tagging @ShoonyaApp. Please feel free to reach us for any more clarifications.

Regards
 
Dear TJ members,

We are very much available and closely reviewing all the feedbacks shared. So, thought to quickly share on few suggestions

1. Implementation of Shoonya: Change is always challenging but is one of the potential ways to move forward. There have been various internal policy changes with NEST and our priority is always to offer the possibly best trading platforms to our clients. There may be some features which are different from the legacy system but we are planning to add more and more features in the near future. We genuinely extend our gratitude to all the members for sharing their thoughts and assure to keep customizing in the possible time-frame. So, we would once again, advice our clients to continue using the apps as we focus on the product development.

2. eDIS : We fairly agree and assure that it won’t take long to implement this. We don’t mind to accept that it is delayed than expected yet we plan to go live on this at the earliest possible.

3. Margins : Currently we are in the middle of various compliances to be implemented specially the hedging margins and peak reporting margin. We would like to keep fair balance between clients expectation (or we can say, how it has been happening in the industry since a long time) versus recent guidelines from regulators. We would make all possible efforts to pass the benefits to clients. There are never any intentions to ask for additional margin. Lets discuss about an example

a. Buy high margin Future first (example Nifty has Rs 1.56 L) and low margin option trade (Nifty Put buy premium Rs 7500) later: In this case, generally margin for future is higher. Since you trade future first, system shall check for the higher margin (as required for peak margin reporting) and you can trade option with low margin. Once both trades are executed and due to hedge margin benefit, system shall only block 30,000 and release balance. There is generally no issue.

b. Low margin first (say Option trade) and then high margin trade (say Future trade): In this case, the second leg (Future trade) needs higher margin and historically there was no issue since there was no intraday peak margin reporting. In the current situation, since you entered low margin (Option trade) first, we are asking for full margin for second leg (Future trade) which is higher than hedged margin (as per exchange on the trade level). We are working on it but currently, you need to have margin at trade level and not order level.

The challenge is when you buy low margin first and high margin later. It is expected that system should ask for hedged margin and not full high margin when you enter the second leg (Future trade). The issue is if you exit low margin trade first (say Options) while closing the position. When you exit low margin trade, your open position needs high margin (Future trade) for peak reporting. If you do not have enough margins for the high margin (say Future) trade at the time of entering the trade, you shall be reported for short margin penalty since full margin was not asked when you entered the trade. Hope this shall explain the current limitation as we get more clarification from the compliance and regulators in certain case.

We are working to prioritize the features based on the number of feedbacks received while tagging @ShoonyaApp. Please feel free to reach us for any more clarifications.

Regards
Ok, Finvasia Team, we understand your efforts put forth in inproving trading experience. However, request you kindly make available of e-dis atleast before year end.
 
if e-dis
Dear TJ members,

We are very much available and closely reviewing all the feedbacks shared. So, thought to quickly share on few suggestions

1. Implementation of Shoonya: Change is always challenging but is one of the potential ways to move forward. There have been various internal policy changes with NEST and our priority is always to offer the possibly best trading platforms to our clients. There may be some features which are different from the legacy system but we are planning to add more and more features in the near future. We genuinely extend our gratitude to all the members for sharing their thoughts and assure to keep customizing in the possible time-frame. So, we would once again, advice our clients to continue using the apps as we focus on the product development.

2. eDIS : We fairly agree and assure that it won’t take long to implement this. We don’t mind to accept that it is delayed than expected yet we plan to go live on this at the earliest possible.

3. Margins : Currently we are in the middle of various compliances to be implemented specially the hedging margins and peak reporting margin. We would like to keep fair balance between clients expectation (or we can say, how it has been happening in the industry since a long time) versus recent guidelines from regulators. We would make all possible efforts to pass the benefits to clients. There are never any intentions to ask for additional margin. Lets discuss about an example

a. Buy high margin Future first (example Nifty has Rs 1.56 L) and low margin option trade (Nifty Put buy premium Rs 7500) later: In this case, generally margin for future is higher. Since you trade future first, system shall check for the higher margin (as required for peak margin reporting) and you can trade option with low margin. Once both trades are executed and due to hedge margin benefit, system shall only block 30,000 and release balance. There is generally no issue.

b. Low margin first (say Option trade) and then high margin trade (say Future trade): In this case, the second leg (Future trade) needs higher margin and historically there was no issue since there was no intraday peak margin reporting. In the current situation, since you entered low margin (Option trade) first, we are asking for full margin for second leg (Future trade) which is higher than hedged margin (as per exchange on the trade level). We are working on it but currently, you need to have margin at trade level and not order level.

The challenge is when you buy low margin first and high margin later. It is expected that system should ask for hedged margin and not full high margin when you enter the second leg (Future trade). The issue is if you exit low margin trade first (say Options) while closing the position. When you exit low margin trade, your open position needs high margin (Future trade) for peak reporting. If you do not have enough margins for the high margin (say Future) trade at the time of entering the trade, you shall be reported for short margin penalty since full margin was not asked when you entered the trade. Hope this shall explain the current limitation as we get more clarification from the compliance and regulators in certain case.

We are working to prioritize the features based on the number of feedbacks received while tagging @ShoonyaApp. Please feel free to reach us for any more clarifications.

Regards
If edis is available we can see positions in trading platform without POA
 
Dear TJ members,

We are very much available and closely reviewing all the feedbacks shared. So, thought to quickly share on few suggestions

1. Implementation of Shoonya: Change is always challenging but is one of the potential ways to move forward. There have been various internal policy changes with NEST and our priority is always to offer the possibly best trading platforms to our clients. There may be some features which are different from the legacy system but we are planning to add more and more features in the near future. We genuinely extend our gratitude to all the members for sharing their thoughts and assure to keep customizing in the possible time-frame. So, we would once again, advice our clients to continue using the apps as we focus on the product development.

2. eDIS : We fairly agree and assure that it won’t take long to implement this. We don’t mind to accept that it is delayed than expected yet we plan to go live on this at the earliest possible.

3. Margins : Currently we are in the middle of various compliances to be implemented specially the hedging margins and peak reporting margin. We would like to keep fair balance between clients expectation (or we can say, how it has been happening in the industry since a long time) versus recent guidelines from regulators. We would make all possible efforts to pass the benefits to clients. There are never any intentions to ask for additional margin. Lets discuss about an example

a. Buy high margin Future first (example Nifty has Rs 1.56 L) and low margin option trade (Nifty Put buy premium Rs 7500) later: In this case, generally margin for future is higher. Since you trade future first, system shall check for the higher margin (as required for peak margin reporting) and you can trade option with low margin. Once both trades are executed and due to hedge margin benefit, system shall only block 30,000 and release balance. There is generally no issue.

b. Low margin first (say Option trade) and then high margin trade (say Future trade): In this case, the second leg (Future trade) needs higher margin and historically there was no issue since there was no intraday peak margin reporting. In the current situation, since you entered low margin (Option trade) first, we are asking for full margin for second leg (Future trade) which is higher than hedged margin (as per exchange on the trade level). We are working on it but currently, you need to have margin at trade level and not order level.

The challenge is when you buy low margin first and high margin later. It is expected that system should ask for hedged margin and not full high margin when you enter the second leg (Future trade). The issue is if you exit low margin trade first (say Options) while closing the position. When you exit low margin trade, your open position needs high margin (Future trade) for peak reporting. If you do not have enough margins for the high margin (say Future) trade at the time of entering the trade, you shall be reported for short margin penalty since full margin was not asked when you entered the trade. Hope this shall explain the current limitation as we get more clarification from the compliance and regulators in certain case.

We are working to prioritize the features based on the number of feedbacks received while tagging @ShoonyaApp. Please feel free to reach us for any more clarifications.

Regards
Thanks finvasia , always appreciate your efforts to be comission free , IAM using shoonya from two weeks there is no gltches in order execution ,IAM very much satisfied enough with the shoonya platform ,I know you improve better you never stops
 
This shoonya has forced me to go back to zerodha.
1)Me on the other hand have withdrawn 90% of funds from Zerodha & going to add in to Finvasia after quarterly settlement exercise due is finished .zerodha in future only for trade via CNC at 3.20pm if I like a stock overnight (after closing intraday position in finvasia )
Waiting for eDis to go operational in Finvasia to fund more & trade overnight equity positions.
2) if you are a equity positional trader , staying in Zerodha is better as there is no commission & zerodha back office is easy to navigate.
3) if you are a stocks scalping intraday trader, finvasia makes sense as zerodha commison+GST takes 50% of your profit. (apart from Govt taxes)
making small money in currency minute movements (10-15 cents movement) is never possible in zerodha. same story is in micro commodity counters like trading Goldpetal/ GoldGuinea & Silver micro. you can collect pennies all day (I mean 50-100 ₹ profit or loss) with out 20+20+8 GST =₹48 for every transaction in zerodha .
4) if you are big risk appetite customer trading SILVM,GOLDM, NATGAS, CRUDE,COPPER etc you can risk with zerodha as 48 ₹ commision per round trade is nothing compared to ₹1000-5000 loss or profit in each trade
5) selling BankNifty or Nifty options in zerodha is always a problem due to ban on some strikes. Zerodha will allow you to sell a banknifty option .Then when you go to hedge otm call /put , system will reject your order. Try in Finvasia selling straddles, call/put bull/bear spreads with 1 lot . ( I have not yet tried selling options yet . buying options works only for intra day that too less than few hours as IV collapse, theta decay eats you alive in hours . buying option more of a hit & run job lasting 1 hour max & collect 10-30 points or loose the same .
6) back in May some member here or in trading q&a forum patiently replied on all my queries about Finvasia & about the best set up in Finvsaia for reducing expenses in intraday "stock small lot "trading. I have not used the oppurtunity fully yet as I was struck in watching Kite & trading and donating 70% of my profits to zerodha. Now Shoonya app (as good as zerodha except chart) is very much workable, hope to trade in finvasia & make a few bucks. Thanks to him atleast I can loose less now !
 
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