Zerodha....

[murthymsr]

Hi Sachin,

I have got your excel sheet for calculation of total charges, brokerage and taxes etc. Very informative.

If the excel sheet has another column, where the user can enter the tariffs charged by his present / alternate broker and the same traded prices & quantities, a comparative assessment can be made by the user of how much the difference can be.

As your brokerage appears to be the lowest, may be you only can do it, without any embarrassment.

Thanks.
murthymsr

 

[goyalcyber]

Do you know the company he is advising, which he is talking about in the article?? Do look at the management team on Zerodha...

Hi Sachin,

I am not advising any company. I already have a Trading A/c with your company. I just posted this article to show the %age brokerage scenario in India.

 

[Zerodha]

Hi
Shachin
Good job-- You are leading the 'changing of the %brokerage situation of the Indian stock market'.
Also you are answering the questions raised by the most concerned are- i,e the traders in such a community platform.
Now I need your advice-- I have requested for an account+dp openning form in your website but I think your website form maybe little faster but I am not sure about the number of pages I have to print- Please tell me about that.
Thanks and hope for the best,
Roysou

Thanks,

30 pages of trading and around 20 pages of demat ... Yes printing the forms would be a much faster way of doing it... If you are printing the forms, we have started to give Rs 100 discount on account opening, which should take care of the printing costs.. The account opening fees would be Rs 500 for demat and trading... Cheers..

 

[Zerodha]

Hi Sachin,

I am not advising any company. I already have a Trading A/c with your company. I just posted this article to show the %age brokerage scenario in India.

Hi,

I was referring to the person who has written that article.. .. Deepak shenoy is an advisor with Zerodha......

 

[ltnikhil]

Hi zerodha pl clarify the fwg. If i want to write 1 lot of nifty put options at strike price of 5900 n one lot of nifty call at strike price of 6300 n simultaneously buy one lot of nifty call n put at strike price 6100 can i place the complete order in one go n pay only rs 20 or i will have to place seperate orders. Secondly how much margin will i need to do this. Thanks

 

[ltnikhil]

Will give you an example..

Assume you have 1lk in your trading account, with 1lk, you can buy 9 lots of nifty for intraday and 3 lots for overnight...You don't need to mention intraday or overnight, if you have margins you can hold it overnight otherwise we will square off between 3.10pm to 3.30pm which is excess positions... So out of 9 lots 6 lots will get squared off if you don't bring in extra margin to hold...

Hi zerodha. Can we check before placing order that how much margin will a position need for carrying overnight. Secondly in case of a hedged position in index options needing more margin than available in ac how will you square off some qty at end of day. Will you square off one lot from all strike prices or any one strike price

 

[ltnikhil]

Thanks,

30 pages of trading and around 20 pages of demat ... Yes printing the forms would be a much faster way of doing it... If you are printing the forms, we have started to give Rs 100 discount on account opening, which should take care of the printing costs.. The account opening fees would be Rs 500 for demat and trading... Cheers..

Hi zerodha i printed the form n have already opened trading ac and paid rs 300 since i could not resist your plan. I m yet to send my demat form. Shall i enclose a cheque of rs 300 or 200

 

[roysou]

Thanks,

30 pages of trading and around 20 pages of demat ... Yes printing the forms would be a much faster way of doing it... If you are printing the forms, we have started to give Rs 100 discount on account opening, which should take care of the printing costs.. The account opening fees would be Rs 500 for demat and trading... Cheers..

Thanks for the response.
1 Is your online application portal is ok now? or I have to wait for the softcopy you have to send to my email ( my email roysou @ yahoo . com ,please remove the spaces)
2 How much amount I have to write on the cheque- 500 or 600?
3 can I have the calculation sheet?
Thanking you once more,
Roysou

 

[trader15]

Account Opening : Requirements

Have been trying to find account opening details in the threads. But its in bits and pieces. Can you either point me to thread where you have already replied or answer questions below: Thanks in advance

1. Form: Will download the form or register to get soft copy mailed. Will take printout and send across.

Q: What all places do i need to sign. Can you specifiy
Q: Will the demat forms be included in the copy u send or do i need
to download from IIFL
Q: How many photographs are required

2. Account Opening fees: Total fees and cheques to made payable
Q: Rs. 500 cheque : As per your latest update, Rs. 500 will suffice as
i'll be taking printout. Correct?

3. Supporting Documentation: What all supporting documentation required:
Address proof, PAN Card and ??

Q: Address Proof: Will copy of electricity bill work ?
Q: Derivatives Documentation: What all documents to be submitted for
trading derivatives

4. Verification/KYC: How do you conduct KYC/Verification since you are
based out of Blore only.

 

[Subhadip]

Thanks,

30 pages of trading and around 20 pages of demat ... Yes printing the forms would be a much faster way of doing it... If you are printing the forms, we have started to give Rs 100 discount on account opening, which should take care of the printing costs.. The account opening fees would be Rs 500 for demat and trading... Cheers..

hello sir..
i have talked with mr sachin on 28 th december..
but i ve not got the courier copy of the from yet
have the soft copy what u have send me on that within 5 minute..
so what do i do now?
print the form?
and i m opening trading account.
so how much money i ve to write in cheque if i print out the form fr trading account only.?
300 or 200..
please clarify sir...:clapping::clapping::clapping:.