Achiievers Equities

Raju

Well-Known Member
Soft_trader,

I am unable to find the link to download forms...Can you please post exact link location..

Thanks,
Raju
 

soft_trader

Well-Known Member
Soft_trader,

I am unable to find the link to download forms...Can you please post exact link location..

Thanks,
Raju
http://www.achiieversequitiesltd.com/Upload/634754519618966250_AEL-Equities-Part A Ver III.pdf

For Document checklist:

http://www.achiieversequitiesltd.com/Upload/634754520754591250_AEL-Equities-Part B Ver III.pdf

I hope this is the link. You can also sent a mail to [email protected] that will also be better. :)
Hope it helps

Another form for subscribing to Mega value plan is required. But I can't locate that on the website. You better mail them for it.
 

soft_trader

Well-Known Member
Guys, the margin required for Intraday Future and Option writing is 50% of SPAN with Code MIS. :) Same as RKSV

Sorry to give you wrong info earlier, because there was some pending orders in my order book so the margin was showing up higher at that time.

Also I have made a withdrawal request. Let's see how much time it takes to get the payout.
 

soft_trader

Well-Known Member
Also I have made a withdrawal request. Let's see how much time it takes to get the payout.
Wow!! Got the fund in my bank at 4:15PM. Requested it around 12:00PM. So it takes less than 4 hours for funds withdrawal. I got a call around 1:00PM from their banking team to confirm that I have given a withdrawal request, so whether I want to get it processed or I want to take any new position.

They do the payout using CMS disbursement system. So it's faster than NEFT.

Pretty Good service. :)
 
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Wow!! Got the fund in my bank at 4:15PM. Requested it around 12:00PM. So it takes less than 4 hours for funds withdrawal. I got a call around 1:00PM from their banking team to confirm that I have given a withdrawal request, so whether I want to get it processed or I want to take any new position.

They do the payout using CMS disbursement system. So it's faster than NEFT.

Pretty Good service. :)
Thanks for the complement...makes us feel proud....this is your company..keep in the flow of suggestions if any to help us serve you all better.
 
The stamp duty is liable to be paid by the member to the state government and not the clients. So the entire responsibility of depositing stamp duty as applicable from time to time is ours and not of our clients. I suggest you just enjoy the trades and mint money.....let us all have a good life .....
 
Account opening. - It was a smooth process.An executive came and collected the documents from my home. 2 copies of documents required i.e. PAN 2 copies, 6 month bank statement 2 copies Photo 2. No cancel cheque required. One cheque for subscription to the Mega value plan and one margin cheque. Their account opening process is a bit slow. It took 6 working days for them to open my account. One strange thing is they clear the cheque first from the bank before opening the account. I guess it is to verify the bank or something else. But really not bothered about it.

Platform - NSE NOW is provided for trading. It is provided free of cost. The quote refresh speed and the order execution is as usual good in NSE NOW. Now regarding chart, what more to say, everyone here in TJ knows how the chart of NOW is :p

Backoffice - The backoffice is pretty decent. The interface is quite good also. It works with all browsers. Some unique things are like 'Appointment' where you can save your tasks. Another good feature is you can get a duplicate copy of e-mail sent by Achiievers to you in the backoffice itself. So say you have accidentely deleted an important mail from your inbox you can get a copy of it in the BO.

On the negative side there are no facility of instant funds transfer. You have to do a funds transfer if you have ICICI/HDFC/AXIS or you can do a NEFT. After that you have to call them up or send them a mail for it to get updated into your account otherwise it will get reflected on your account the next day.

Subscription - There is no auto-debit of the subscription charges from your account unlike RKSV where they automatically debits their charges at the first of every month. To me this is a very good thing.

Demat AMC - Rs. 400/- is charged for Demat every year.

Margin against DP holdings - This is one of the most discussed and requested service in TJ. Achiievers have their own DP with CDSL. So no third-party like IL&FS involved in between. Margin will be given after appropriate Haircut. NSDL lovers will get a bit disappointed because Achiievers doesn't provides NSDL Demat account.

SMS - You will get 2 SMS alerts daily. One is for trade summary and the other one for Account balance.

All that said I am very much satisfied with Achiievers and I will recommend it to every trader.
Thanks for your support and inputs...

We have already completed our formalities for enrolling with almost all banks for smoother payin and payout.....just waiting for the installations of the same from the software vendors....request you all to please bear with us on this front for some more days as this is a very tedious job to delivered by the software vendor.
 
Soft_Trader ,
Thanks for the info ...

Achiievers,

Do you agree or you have something else to say ?.

Hope they agree as order execution is a lot of problem with many ....
R K GLOBAL specifically had many issues when I was with them.I did not use NSENOW with them.

Regards,
Raju
Absolutely agreed....its a smooth trading platform....you will never face much of a hurdle from our side while trading....
 
I guess if achievers put in some efforts a lot of other brokers
Will come back to ground as of now they are flying in sky

Like zerodha not providing margin against stocks in DP charging
Falls Trx charges (Shame pretending to be ultra eithical and
Doing Black marketing )

Also Rksv will have to reduce brokerage and provide margins though these
Guys are still honest about charges and everything and not
Black marketers like Zerodha

I would say best of luck to achievers I wanted to do something
Like this for fellow traders and my self but did not materialise

Even after charging just 500 per month they are honest about
What TRXN charges best of luck to them and thanks to soft trader
Please throw your suggestions at me and will try our level best to do it...thanks for supporting us.....
 

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