Finvasia

TraderRavi

low risk profile
so if I chose NSE equity + FNO and NEST then
149 + 149 = 298 monthly + BO 99 pm for each extra


and if NOW then no charges per month

correct ?

what if I take a break of 2-3 months from trading
still monthly charges ?
 
so if I chose NSE equity + FNO and NEST then
149 + 149 = 298 monthly + BO 99 pm for each extra


and if NOW then no charges per month

correct ?

what if I take a break of 2-3 months from trading
still monthly charges ?
Write to them, Ravi, get clarifications directly.
 

headstrong007

----- Full-Time ----- Day-Trader
Now have mobile trading facility but no online fund tranfer :(
Nest have online fund tranfer facility but no mobile trading option
NOW Instant NEFT online Transfer available for..– AXIS, HDFC, ICICI & Kotak Account Holders
 

kaly422000

Well-Known Member
For quick payment, one can use IMPS payment facility instead of NEFT.
still many online broker have issue regarding fund transfer. among them, after fund transfer have to submit proof. better to have unique account no to transfer fund for each client. and imps sud be allowed or to add maximum banks in the payment gateway.
also for fund transfer by cheque ,u have to send scan copy of the cheque.
 
IMO
No harm in submitting proof after making a pay in.

Pay in by IMPS (thro a bank) is already allowed by brokers
 

kaly422000

Well-Known Member
IMO
No harm in submitting proof after making a pay in.

Pay in by IMPS (thro a bank) is already allowed by brokers
many banks in their mini statement(or latest) dont give enough info about beneficiery that prove that fund transfer to that entity. only the amount may matter. in case of cheque payment scan copy of cheque, is it a solid proof?
better to allot unique beneficiery account no to each client like tso . edelweiss also introduce that as well as sharekhan.
 
Plz consider to charge stamp duty as 0.002% for Uttar pradesh state just like other brokers are charging

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#Finvasia replies to all query besides mine one..."Why is your policy for stamp duty is different from all OTHER BROKERS? "

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Finvasia

Well-Known Member
For holding Over night you require : 104000 - Very high margin in my view.
Most brokers are charging approx 48K - 50K as margin for overnight holding.

.. any specific reason why such a high margin is required for Finvasia ...
Hi Raj232, For clarity, please see below

For Selling of one lot Nifty we require:
Over night : 56000, Intra day : 28000

For Selling One lot Nifty 9400 CE May we require:
Over night : 48000, Intra day : 24000
INR 104000 was in reference to holding both positions (One lot Nifty Fut and One lot Nifty 9400 CE)

Thanks