Zerodha - Number One Discount Broker in India

We have Zerodha Mobile available on the app store from today, it is much better than the previous versions, but this is not built by us.

Our product for the mobile, might take a bit more.
The earlier version of zerodha mobile sucks in every department that no new version will be able to redeem it. It is of no use for intraday trading.
I did look at the vedio of mobile version from the people who are OEM of pi. Seemed good. Hence prodding you for early customization.
 
Prakash, we personally will give you collateral to trade F&O, but for margin funding to trade delivery based equity, we have a tie up with IL&FS presently. Margin funding account is a small little pain to get started, but once done it is quite simple.
Sir, could you please elaborate. How is it different for fno and delivery?
 

Zerodha

Well-Known Member
Sir, could you please elaborate. How is it different for fno and delivery?
If you have 1 lk worth of stocks in your account, you can send us an email to pledge this. Once it is pledge after the exchange stipulated haircut we will give, say Rs 70000 to trade on F&O. you will also need to have some free cash to meet any MTM requirement.

When you pledge stocks, you can't use the same money to buy more stocks.

Margin funding account is like an OD (overdraft) or Loan account. While opening the account you would be granted a limit and you will be able to buy upto this limit.
 
@zerodha,
can you explain how margin funding works with ilfs and zerodha ,for example in geojit with one lakh in trading account as cash one can get upto one lakh as margin fund so one can buy two lakh worth stocks .is it similar with you or bit different?
regards
M Prakash
 
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Guys, good news is that we have gotten the NSE approvals and hoping that other exchanges happen in the next 1 to 2 weeks.

If any of you is interested to help us out in beta testing of "Pi", do send an email to [email protected] with your client ID and contact details.
Zerodha, I have 2 questions.

1. If one signs up for Pi beta then does he continues to get to trade on Zerodha Nest Trader simultaneously. Is it like Now Terminal and Nest trader terminal thing where you choose one and other terminal gets disabled for your Id.

2. Can you add Daily,Weekly, Monthly Pivots (Classic 3 levels of supports and resistances lines {R3 R2 R1 PIVOT S1 S2 S3}) and MidPivots on Pi's Charts? If not then please try to add this very important study in Pi.
 

Jai Mata Di

Well-Known Member
We want Nifty Spot Chart with PI..


Dear Zeroda,

Nifty Spot Chart is essential for most of Nifty Future and Option Traders.This post is for reminding you again, as you are doing last phase of beta testing on PI. We are demanding this for long time. :lol:
Nifty Spot Chart is visible with many other brokers terminal, but not with NEST. :confused:

Is Nifty Spot Chart visible with PI?
If not, please do the needful. As exchange do provide Nifty Spot data, it should not be a big problem to show Nifty Spot Chart with customizable terminal like PI. The refresh rate might be little bit slower than future chart but we need the Nifty Spot chart too for critical support/resistance etc.:p

Is that good to ask for daily closing price of Nifty Spot in crow.in without providing Nifty Spot Chart with Zerodha trading terminal? :D
If you are building Crowd Index on Nifty Spot, you must provide Nifty Spot Chart too for better analysis. Please make it visible with PI. :thumb:


Best Wishes,
Happy Trading.

H.C.
 

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