Low Cost Brokerage Options & Futures - R K GLOBAL IS IT WORTH

#1
Hey Guys
R K Global is offering lowest brokerage per lot for Options & Futures Trading.
I had started this thread for contribution from people who are dealing with R K Global & such other Brokers who are offering low cost brokerage & to discuss features & problems related to them.
I am attaching here there PDF files for Brokereage Rates Illustration of Futures & Option for your reference. I want you guys to please help in finding whether is it worth to trade with them ?

Thanks - AshPats :clap:
 
#2
are you using R K global?
I want to know about them in Cash segment.
Also can we use their Odin-diet on PC?
Any hidden Charges?
Thank You !!!
Please reply !!!!!!
 
#4
Dear Abhishek
I m dealing only in fno segment for which RKG is popular.

Bye

AshPats:clap:

hi, ashpats!!!!!!!!!!!!!!!

if u please, confirm the following.

1) what is the present margin on 1 lot of nifty future applicable by RKG?
2) Do they reduce margin on credit spreads / hedged positions on options ?
3) is margin same or different on nifty AT THE MONEY versus OUT OF THE MONEY options ?

:clap: ALPESH
 
#5
hi, ashpats!!!!!!!!!!!!!!!

if u please, confirm the following.

1) what is the present margin on 1 lot of nifty future applicable by RKG?
2) Do they reduce margin on credit spreads / hedged positions on options ?
3) is margin same or different on nifty AT THE MONEY versus OUT OF THE MONEY options ?

:clap: ALPESH
Dear Alpesh
I deal only in Options trading.
As per my knowledge there is requirement of 50% margin which may be high in comparison of other Brokers. May be someone who trade in Futures on RKG will able to answer you.

AshPats :clapping:
 
#6
Dear Alpesh
I deal only in Options trading.
As per my knowledge there is requirement of 50% margin which may be high in comparison of other Brokers. May be someone who trade in Futures on RKG will able to answer you.

AshPats :clapping:

OK FINE , ashpats,

now suppose ,today if i want - to sell - 1 lot - nifty 5500 call options,what will be the amount of margin ?

thanks ********* alpesh :rofl:
 
#7
OK FINE , ashpats,

now suppose ,today if i want - to sell - 1 lot - nifty 5500 call options,what will be the amount of margin ?

thanks ********* alpesh :rofl:
Dear Alpesh

Since I had open this account month long i have not yet sell any lot.
There margin for options & future are same if you are selling. Even for your info please see their margin details for nifty as on 29/07/10.


Symbol NIFTY
Instrument Type FUTIDX
ExpiryDate 29-Jul-10
Lot Size 50
Initial Margin Long 19,297.50
Initial Margin Short 19,199.50
Initial Margin % Long 7.1
Initial Margin % Short 7.07
Exposure Margin 8151.9
Exposure Margin % 3
Total Margin % Long 10.1
Total Margin % Short 10.07
Total Margin Long 27,449.40
Total Margin Short 27,351.40
Total Future Value Long 2,71,730.00
Total Future Value Short 2,71,730.00


AshPats :clapping:
 
#8
Dear Abhishek
I m dealing only in fno segment for which RKG is popular.

Bye

AshPats:clap:

Thanks !!!!

Anyone using R K Global For NSE-cash,Please reply about advantages & disadvantages trading with their "Odin-Diet".I going to open the acc. in Andhery office.

Please Reply !!!
 
#9
Dear Alpesh

Since I had open this account month long i have not yet sell any lot.
There margin for options & future are same if you are selling. Even for your info please see their margin details for nifty as on 29/07/10.
Symbol NIFTY
Total Margin % Long 10.1
Total Margin % Short 10.07
Total Margin Long 27,449.40
Total Margin Short 27,351.40
Total Future Value Long 2,71,730.00
Total Future Value Short 2,71,730.00
AshPats :clapping:
hi dear, thanks======== for the info...

try reliance money.
they are taking less margin then rkg.
even margins are more lesser for OTM contracts.though brok, is higher than rkg , lesser margin will improve your ROI.

alpesh ******** :clap:
 
#10
hi dear, thanks======== for the info...

try reliance money.
they are taking less margin then rkg.
even margins are more lesser for OTM contracts.though brok, is higher than rkg , lesser margin will improve your ROI.

alpesh ******** :clap:
Are you REALLY sure that RMoney charges you less? I doubt it very much!!
 

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