Zerodha....

[chintan786]

@ Zerodha.

Once a member migrated to NEST Trader do he still able to use NOW MObile Trading. I am asking coz after migrating to NEST our customer Ids will get change.

Regards,

 

[bpr]

Re: Nest Plus

Why does this venom spitting ? First of all we should understand Zerodha has nothing to do with Nest . Nest trader is a platform approved by NSE . very few platforms are approved by Nse for trading and Nest is one among them . Not only Zerodha many other companies are offering Nest viz Edelweiss etc.. like Now is offered by Zeodha as well as RKSV. Like in the past many companies used Odin .
Secondly unlike Odin , the broking companies do not have control over the additional features offered by Nest.
If you are customer of some other company which offers Nest , there too you have to contact Nest Team for value added services .
So stop complaining Zerodha for the extra features.
Moreover Nest is 90 % trading platform and 10 % is other services . We cannot expect a quality of Tradestation quality for free or the small amount we pay .
If we want Tradestation quality we must be ready to pay that much price that software must be an approved by NSE .
There is a vast difference between a Trading software and Charting Software .A trading platform can not come near a Dedicated Charting software like Amibroker and its kind.
Nest is trying to integrate (or integrated ) Trading+ Charting+Automating in one platform and IMO they achieved near perfection .
If you think of MT4 where charting and Trading in one platform , well Nse has not approved it so far .
If you want sophisticated platform like Tradestation or Thinkorswim or its like , they are costly and well they too are not approved by NSE.
Well , I think you all know that we cannot place an order in a platform which is not approved by Nse . Can we ?
If you need a platform like IB's TWS , then ready to bear its high costs. So we cannot have our cake and eat it too . We have to compromise on something .
In my experience , Nest is a very good and fastest platform in Nse at present better than its cousins and competitors.
If any other Platform better than Nest arrives , I hope , Zerodha will be one among the front runner to offer us that platform.
So remember , with any broker you get Nest and if nest not working you call that broker . But if Nest plus features not working that broker can do nothing .Only Nest team alone can solve it .
So stop bashing Zerodha

agree with u completely unless nse approves advanced trading platforms Zerodha can not do anything.

Btw can somebody get the list of all trading platforms that are approved by NSE?

 

[mithoon]

Could any members of Zerodha migrated to zerodha trader ,please give feedback on the same.

 

[kumudhan]

just a stupid doubt.....if anyone is migrated from NOW to ZTRADER? or they just say this as we cant check with others and waiting, thinking that our turn is not yet came?

 

[NinjaTrader]

You have a separate NSE (includes NSE, BSE and CDS) client account and MCX client account.

You will have 2 ledgers on the trading platform, equity and commodity.

When you want to transfer funds from one ledger to other, you will have to go put a request to do the same on backoffice.. while opening the commodity account, you would have given us an authorization to move funds from your commodity ledger to equity ledger and vice versa.

We will transfer money on your behalf, but for the intermediate time when the transfer is happening we will give you credit from our deposits with the exchange for no additional cost..

Zerodha, is there any limit on number of times one can request transfer of money, from mcx to nse and vice versa, per day or per month? This is important to us intraday traders who hold position in a contract only for a few mins. at any time. I may have to transfer money 10 times every day.

Also I am guessing there will be no charge on transferring money between MCX and NSE.

 

[bestnifty]

A Flat 10 times exposure for all equities would be a good one.At present We need to open the margin file and have to calculate how much qty we can take with the funds available.
It is a cumbersome process while trading.

 

[a1b1trader]

Anyone else facing problem in login to NOW
I am just with the NOW screen for the last 15-20 minutes.
Login window not appearing even after 15 minutes.
Just appeared with another small window saying "request failure"
Any solution

On clicking request failure
another window appears saying
Use cannot login: Reason disconnected from NOW

 

[Zerodha]

.....
You know I get data feed with real time sector by sector scrip by scrip changing heatmaps, graphical FII DII data and all option prices and their tick charts, colour coded OI changes and spikes and much much more all on one world class interface for the price of 2 nity points a day. Your nest people can not even imagine such sophistication. All I can say is I do not know how and why you decided to tieup with this crappy omnsys products but this I know that sticking with such shoddy software will be the reason of your downfall one day. it is just a matter of time that sooner or later some new indian broker company with world class trading platform will come out and the way people came from all over to make you a success will dump you in no time.
I have taken much of thread space already. Enough zerodha bashing from my side. Thank you for you time.

@ Anil, I guess you are not trading with us?? Because we are not giving you all those features that is mentioned..

hmmm.. I am wondering why all the bashing if you are not trading with us??

 

[shekharz]

Anyone who trades in Commodities, please tell the exact amount for Zerodha's Crude One Lot Buy-&-Sell (inclusive of all the taxes, Stamp Duty etc, every expenditure must be added into it).

 

[Zerodha]

Zerodha, is there any limit on number of times one can request transfer of money, from mcx to nse and vice versa, per day or per month? This is important to us intraday traders who hold position in a contract only for a few mins. at any time. I may have to transfer money 10 times every day.

Also I am guessing there will be no charge on transferring money between MCX and NSE.

No limits on transferring and no charges for the same.. The actual funds will get transferred only on end of the day basis and until then you would get trade based on our deposits..