Zerodha....

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ltnikhil

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#272
#272
Re: new cheapest broker is here. Zerodha

all brokerages provide margin funding for f & o albeit at a cost(14to 18 %). why is zerodha not offering it? it is a serious limitation on the qty that can be traded
 
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nsriram27

New Member
#273
#273
Re: new cheapest broker is here. Zerodha

zerodhaonline said:
All the dealers sitting in the brokers office get a dealer terminal.. It is the dealers terminal that will be charged and not the client... Cheers...
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being a novice, still confused about the margins for writting. say for short b/fly.will be in b'lore on or before 10 th dec. may i have a contact?

rgds
sriram
 
Zerodha

Zerodha

Well-Known Member
#275
#275
Re: new cheapest broker is here. Zerodha

ltnikhil said:
all brokerages provide margin funding for f & o albeit at a cost(14to 18 %). why is zerodha not offering it? it is a serious limitation on the qty that can be traded
Click to expand...
Margin funding for f&O ??? Didnt get your question... f&O itself is a leveraged product... so don't understand the idea of margin funding on them... Please explain in detail... To buy 1 lot of nifty future you need 32000 according to exchange... We let you buy nifty at 11000 for intraday, because we both have a control on the position to exit it when markets go against you.. Now if we had to let you hold a nifty future contract overnight with Rs 11000 in your account then 1. It is not legal, exchange states not to provide any margin funding on overnight position in f&O.. a client needs to have atleast the span margin.. 2. If the broker is doing it, he is taking unnecessary risk for all the other clients who trade without this much leverage.
A lot of people ask us how safe is it to trade with Zerodha and we say that it is much safer than most of the other brokers for the same reason... A stock or index can loose 10% in no time and if the margin taken by broker is only 4 to 5%, there is every chance of the client defaulting and in a 2008 scenario would put the risk on all the other clients who trade without overleveraging.. Cheers....
As far as other brokers are concerned, I am very sure, icicidirect, indiabulls, sharekhan, indiainfoline, religare, etc etc none of them give any margin funding for futures and options.. Cheers...
 
anayash

anayash

Well-Known Member
#277
#277
Re: new cheapest broker is here. Zerodha

Hi zerodha,

you automatically square of intraday trades at 3.10pm!

what if i enter a new trade at say 3.15pm? does the system reject the order?
 
anayash

anayash

Well-Known Member
#279
#279
Re: new cheapest broker is here. Zerodha

One more query....where can we have the demo of NSE now?
 
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