Trade Smart Online

[simple trader1]

Creep ne aisa kya kar diya...sapnai me chodo,har jagah creep ka bhut nagar aanai laga hai....bhagooo..bhagooo creep aya????????tj me kya rule hai gentleman kya kisi ke uper majak udaya ja sakta hai,agar nahi to creep ke uper kyooo..koi bhi member apna gang bana sakta hai,orange ka juice pila sakta hai,kyo maine koi galat bola..AGAR MERA POST TJ RULE KE KHILAAPH HAI,TO KYA UPER KIYAI GAYAI POST KYA SAHI HAI ,,,I AM NOT CREEP :fatigue:
:gun2:

 

[simple trader1]

creep ne invester or trader ki bhalai ke liye hi question uthaye hai,question ka jawab dena to broker ka kaam hai,to fhir invester or trader isme dakhal kyo dega,wo to cahega
sawalo ka right answer mile,more on more question ka jawab sahi tarike se mile,bhala isme kon hastchhep karega. To fhir kon he wo jo creep ka majak uda rahe he,TJ rule sabse best hai,uper kiye gaye post ke uper kuch action jarur le.thanks smart trade thanks tj

 

[My investmentz]

Dear Sumit,

I just don't have other words in my dictionary to say THANK YOU. :thanx:Thank you billion times for your effort in Post #154 :cheers:

You have written the words of my heart. :yahoo:


If my post violates TJ rules in any way, Mods can remove my post.

Softrader i 100 % agree with sumit ,and i know you support achiever 100 % may be you trade with them may be they are you friends or cousins but the way achievers ran from ( It will Give Usain Bolt a complex )this forum once creep asked only questions and shows they have some thing to hide leaving you for all the replies

But yes Creep cannot tell any one how much a broker should charge
and as long as Smart trade online , zerodha and Rksv are replying to our queries and have lowest possible brokerage with the best service i will only ask questions will not ask them to shut shop

To me as creep is behaving it looks like he is not unemployed CA But a CA broker , or working for some big broker who knows they will also have to come
in discount broking or see there business going out of hands day by day

SUMIT KUMAR SINGH you have proven with you post number 154 to creep ki ser ko bhi sava ser mil hi jaata hai :clapping:

 

[My investmentz]

Smart trade online JEE what are you tranaction charges for futures i am paying 200 rs per crore i need to ask this question to other brokers also because my transaction are huge

And while i was using one of the brokers brokerage calculator and i found out its a big expense with them i will certainly raise this in there thread but u also kindly tell me
as i intend to trade with you also

 

[SmartTradeOnline]

Hello Smart Trade Online,

Looking forward for your win win offer.

When you include Commodity trading in your offer, you will be ahead of Zerodha in all respects.

Enjoy,
CArnot

Thanks carnot11. Will certainly update on this forum when we come out with other offers.

 

[SmartTradeOnline]

SmartTradeOnline,

Me too waiting for your win win offer for opening another account of a relative.
Is there anything like dealer terminal (Or in simple NSENOW ) ? For me to operate two or more accounts.

I also had a query ...How to place a bracket order in NSENOW ?

Refrence - http://www.omnesysindia.com website
A bracket order is a special order type which allows traders to place the main order as well as the stop-loss and the profit taking order, all in a single click. This can save a lot of time which is spent placing separate orders. Bracket orders are an effective way to manage your risk and lock in a profit on an order that is yet to execute. Bracket orders support trailing stop losses too.

Regards,
Raju

Hello Raju,
To use a dealer terminal and be able to place orders in more than one client code you'll have to become an Authorized Person and there'll be quite a few formalities involved in it.

If your relative is willing to share their password with you, you can open a separate browser window for the 2nd client code and place orders there.
Hope this will serve your purpose.

Bracket orders, though a useful feature, are unfortunately not enabled in NOW.

 

[SmartTradeOnline]

if any individual request u to ask higher leverage for intraday , can u set leverage limit as per request ?
(u can user egular cut off time/ risk management (if loss aquired by % capital or any terms for square off ) )


(if u r not give reasonable leverage for intraday u can't get day trader..u have only positional trader , u know well , u can't earn brokerage from positional trader much day trader)

happy trading...

Hello portcity,
Currently we are offering limits as below for intraday trading:

Cash segment: As per var margin. This comes to about 8 times for about 360 stocks. Here we can increase a little and make it 10 times from 8 if everyone demands that.
FNO segment: This is 2 times the margin. So, as we mentioned earlier, for something that requires Rs 28,000 per lot, you can trade intraday with Rs 14,000 too.

If in case we change this in future will update on this forum.

For us the safety of our clients' money is more important to us than brokerage.

In our earlier post we compared leverage with sword. Another analogy this time. Leverage is like wine.....good for us when in limits and.........

 

[SmartTradeOnline]

I had written that I will write after going through a comparison of all these Discount Broking Firms
And I am posting this in smarttradeonline because I have reached the conclusion that in present circumstances they are the best and have the most simple and easy to understand plain vanilla offering.I am a trader and I will go with anyone who can help me save extra bucksand if more than 95% of traders loose money I will at least try to ensure that I save the maximum which I can do in terms of Brokerage


And the Discount Broking Firms which I have selected for comparison are 1.)Smarttradeonline 2.)Zerodha 3.)RSKV 4.)Achievers 5.)Composite Edge and 6.)Bezel

In our quest for looking for the best deal many a times we make a mistake of overlooking some other vital factors like Transaction charges ..the main heading under which I have found some broking firms to indulge in some practices which according to me can not be even justified and I am sure if not today then tomorrow all of these broking firms will have to stop charging extra under the pretext of some extra clearing charges ..so then that difference will also disappear.. Its going to be a long post..so have patience


1.) Zerodha..Its one entity I have found to be the most expensive at present and right now I am trading with them only.I trade mostly in futuresand so the comparison I will post is based on futures tradingI saw my volume activity for this month till date and found out that I had traded for more than 4 croreswith a small capitalwe traders trade so muchand to my horror I realized that I have been paying Rs. 250/crore extra to Zerodha (as Zerodha charges Rs. 490/crore in futures) compared to smarttradeonline which according to the latest update provided is charging Rs. 240/crore as transaction chargesso I realize that just by trading with Smarttradeonline I would have saved Rs. 1000/till now ..considering myself as a case study and extrapolating this to 12 months..In a year I would be able to save at least 12000/ by trading with Smarttradeonline instead with Zerodha.and to extrapolate it furtherconsider someone who trades to the tune of 10 crores in a monthsaving would be Rs. 2500/month and in a year one would save at least Rs. 30000/ just because of lower transaction charges.and for a person who trades to the extent of Rs. 20 crores in a month the similar saving would be to the tune of Rs. 5000/month and Rs. 60000 in a yearhuge by any standardsSo Zerodha is expensive by a huge marginand the comparison is just base on Brokerage being chargedand Rs. 15/order charged by smarttradeonline is again better than Rs. 20/order charged by Zerodha.So for small traders like me and Big Traders alike it translates into huge savings in terms of brokerage being charged


2.)Composite Edge: Another Bangalore based firm.it again looses because of its heavy transaction charges of Rs. 450/crore in futuresno need to explain in detail.as same logic which applied to Zerodha applies to Composite Edge also


3.)Bezel: It charges Rs. 7/lotand its transaction charges are Rs. 250/crore in futuresso I consider it as a good value for money at the same time the eligibility being an advanced brokerage of 9999/ to be paid in advance(applicable for six months)the offering becomes Rs. 1666.5/month irrespective of the fact whether one has traded or notat the same time if one is confident that one will trade more one can find some value in this offering but in my personal opinion this condition of 9999/ to be paid as advanced brokerage that too in 6 months only makes it an unattractive proposition ..If they can come up with an offering Rs. 7/lot irrespective of any pre-condition as stated above they would make some sense


4.) RSKVIt offers trading unlimted for 1947/month..this is extremely attractive for people who trade bigcombine it with the fact that they charge Rs. 230/crore as Transaction charges in futures RSKV makes immense senseand Smarttradeonline offers 1899/month for unlimited trading.Technically not much of a difference if one compares the unlimited plan of both of these firmsAlmost the same.at the same time where I found that smarttradeonline has an advantage is because of it offering along with unlimited plan Rs. 15/order.consider a small trader like me If I put only 100 orders in a month at the rate of 5 orders per day considering that there are approx. 20 trading sessions in a monthwhen I opt for Rs. 15/order I pay Rs. 1500 to smarttradeonline and Rs. 1947 to RSKVbecause they do not have this option of Rs. 15/orderand if at all I put only 50 orders in a month I would pay only Rs. 750 to Smarttradeonline whereas I would have to pay Rs. 1947 to RSKV..Smarttradeonline scores because of its flexibility of providing Rs. 15/order facility along with Rs. 1899/unlimited per monthstill For someone who trade big timethere wont be much differencebut for those who may not trade as BigSmarttradeonline because of the variety in its offering scores over RSKV.


5.)Achievers: Now coming to AchieversIf one takes a cursory look it appears that the Achievers have an offering which is unbeatable in the marketsat the rate of 1499 for 3 monthsthe monthly charges for unlimited trading comes to Rs. 500/monthGoing strictly by the message which these charges give even I thought that most probably they are the best or cheapest..whatever we callbut scrutinising further again led me to the conclusion that Smarttradeonlines offering is better..
Smarttradeonline has yesterday come up with an offer where first 100 people from Traderji would not be charged anything for account openingSo myself being among those supposed 100..and thinking of a switchover because of lower charges.for me the charges of switching becomes literally ZeroSoft trade has informed that Achievers charges Rs. 750/ for account opening and Rs. 450 / for DPhere it is important because Achievers do not open only Trading accountsOne needs to open a DP along with a Trading Accountso overall my initial cost of switching over becomes Rs. 1200/ and my cost of switching to Smarttradeonline is Zero..nilbecause I am a trade and I am only interested in opening a Trading account..not a DP.Rs. 1200 to me means 80 orders at smarttradeonline at the cost of Rs. 15/order..so when I decide to go with Smarttradeonline instead of Achievers I start with an edge of at least 80 orders
As I have written earlier God lies in detailsagainin the case of Achievers the Transaction charges in futures are Rs. 390/crorecompared with Rs. 240/crore with smarttradeonlinewhich translates to Rs. 150/crore extra.for someone like me whose trading volume is to the tune of 4 crores the extra which I have to pay comes to Rs. 600so for me the charges for trading unlimited becomes Rs. 1100/month instead of Rs. 500/ going by what is on offer.still if I am sure that normally I am going to the tune of Rs. 4 croreAchievers does make a good value proposition.and for anyone who trades to the tune of more than 10 crores.the extra transaction charges which one will have to pay in futures compared to smarttradeonline would be Rs. 1500/month extra.so anyone who trades for more than Rs. 10 crores this proposition becomes unviable comparatively.because along with paying 500/month one has to pay Rs. 1500/month extra because of its higher transaction charges..so in effect anyone trading for 10 crores one needs to pay Rs. 2000/month extra compared to smarttradeonline where one has to pay Rs. 1899/month.for unlimited trading.Now this comparison was for a person who trades for more than 10 crores/monthNow consider someone who trades less.someone who puts only 30 orders in a month ..one pays only Rs. 450 to smarttradeonline compared to Rs. 500/month plus the extra one has to pay because of higher transaction chargesand when I opt for smarttradeonline I am already getting around first 80 orders as free because Achievers would be charging Rs. 1200/as Trading and DP chargesat the same time if Achievers and other entities come up with something similar thus heating up this competition in the Discount Broking Business..because as a trader I am definitely looking to save some bucksand I would be more than just happy to see the competition intensifying in this segment..


Everyone has his own Business Modelat the same time I am speaking highly of Smarttradeonline because of flexibility in its approach.Not only smarttradeonline is the best in terms of unlimited trading (Better than even RSKV..which I considered to be the best before this offer came ..) Even when it comes to Brokerage per order At present it is the best because of its Rs. 15/order better than Zerodhas offer of Rs. 20/orderwith Zerodha and Composite edge it offers a better value proposition because of its lower transaction chargesagain .7 paisa offer is also the best I have heard till now..and here I am not taking into account some broking firms which offer even .5 paisa to some of the customersbut since it is not in the public domainand its known only to a fewthere is no point discussing this.


I reckon smarttradeonline to be the best because they have made efforts to offer Best of both the worldsHow much this Remix appeals to traders only time will tellat the same time the combination of offerings which smarttradeonline has offered makes it undoubtedly the Best offering in the discount segmentand I sincerely appreciate smarttradeonlines effort to make a mark in the Broking Business by coming up with an offering which is highly flexible (one can go for unlimited trading/one can go for Rs. 15/order iffer/one can go for .7 paisa offer)at the same time along with being highly flexible the offerings are also best in the various segments..This is what I likeone can always choose based on ones trading patternsand decide the offering to go for..This is one thing I found missing in all the Discount Broking Firms..One has to either go for Fixed monthly plan or fixed per order or fixed brokerage..Smarttradeonline is the only entity which provides for the flexibility of opting for any offering which suits best ones trading requirement..This was what I found missing in all the Discount Broking Firms.Flexibility..the BestBrokerage on offer..the BestTransaction charges..the bestwhat more can a trader ask for? I am going to be among first few who would start trading with you.

Since the platform is NSENOWI have nothing else to know.The platform is among the most stable..Thanks smarttradeonline for coming up with a value proposition which takes into account the aspirations of every type of traderswhether Big or small like me
Long post indeed but to end this debate surrounding the best brokerage I thought it fit to do some research on it and make everyone aware of some hidden charges which a few may not be aware of..and I have tried my best to come up with a rational and logical hypothesisas far as brokerage is concerned.Rest everything can be debated and discussedAs a trader my only interest lies in lowering my cost of tradingRest will follow..whether profit or lossbut I would definitely like to save on something on which I have some controli.e. Brokerage

Best of Luck Smarttradeonline for coming up with a proposition which is the Best of both worldin terms of flexibility as well as brokerage charged

Regards and Happy Trading.NJOY :thumb:

Hello Sumit,
Thanks for your efforts and the detailed analysis. You've put in a lot of your time in the same and we appreciate that. We are also glad that you liked our plans and look forward to having you as our client.

We are also sure your analysis is going to benefit the trading community at Traderji immensely.

Have a nice day!!

 

[SmartTradeOnline]

hello sto. zerodha me 200k ke turnover per 0.01 intraday equity & future,delivery 0.10 charges hai.
isi tarah aap bhi 150k ke turnover per 0.01 or 0.10 15 rs. flat brokerages charge per kyo lagu nahi
nahi karte,& bracket & cover order & tc. charges rksv ke equal bus yahi baaki hai,ye charges lagu karne ke baad aap zerodha & rksv se bhi best & better, superior, preferable ho.

Hello Simple trader1
Thanks for you suggestion. We will check on this.

 

[SmartTradeOnline]

Smart trade online JEE what are you tranaction charges for futures i am paying 200 rs per crore i need to ask this question to other brokers also because my transaction are huge

And while i was using one of the brokers brokerage calculator and i found out its a big expense with them i will certainly raise this in there thread but u also kindly tell me
as i intend to trade with you also

Hello My investmentz,
We've recently added a brokerage calculator on our website. This will give you a better idea of all the expenses charged at our company. The brokerage calculator can be accessed at the below link:
http://smarttradeonline.in/brokerage_calculator.php

In case you have any questions, please let us know.