Zerodha began – maybe pioneered – low-cost or low cost brokerage mannequin efficiently. So many have sprouted now. Although technical glitches are to be considered as an inevitability it’s nonetheless prudent to search for not simply the diminished brokerage. The downtime and the frequency of the glitches (Once more not printed by SEBI/Exchanges for apparent causes) must be the criterion. Shoonya which tried the zero brokerage mannequin has since modified to five rupees per order mannequin because it might need been pressured because of adjustments available in the market. Sadly it is without doubt one of the worst websites as a result of they can’t rectify the glitch until finish of day most often. At present the service is virtually down and their assist is both shut or they only copy paste inconsequential reply. So my suggestion to future account opening people to not simply have a look at the brokerage solely. What’s saved in brokeraged for a protracted interval could also be misplaced in a single single such technical glitch day. And it is usually not potential to know whether or not it’s technical glitch or insufficient infra or incompetent IT staff or one thing else or a mixture of many elements. So higher do analysis on the down time and the period of such down occasions.
anugnani:
The downtime and the frequency of the glitches (Once more not printed by SEBI/Exchanges for apparent causes) must be the criterion
Very fascinating, why does the regulator or the brokerages not share this info? I did look it up the standing/uptime web page for Zerodha once I was wanting into the potential of utilizing the API for intraday trades (shelved that plan since) however I used to be not capable of finding it, I might’ve thought as a tech-first firm it will’ve been accessible.
As for Shoonya, I didn’t like their interface or API so by no means used them though I signed up for an account with them as their assist appeared educated sufficient to distinguish between a coated name and a unadorned one, they had been the one dealer among the many many I contacted to not require sustaining money margin for coated calls.
Nonetheless, I ended up utilizing Zerodha for CSP/CC for the reason that interface is significantly better and there’s Sensibull integration. No level attempting to choose up pennies in entrance of the steamroller!
in kali yuga, it’s about discovering diamonds in a jail home. stones and pebbles are anyway generally present in such locations. nonetheless the underlying truth remains- that is finally a jail home—everyone seems to be looking for themselves. life will degrade, product high quality will diminish, decision-making energy will wane, and all the things will grow to be mere present. individuals don’t notice that whereas the swachh bharat abhiyan could clear their gardens, how can it probably cleanse their hearts and soiled minds (together with mine)? in 100 years in 2124 none of us shall be right here, so let’s cease complaining and give attention to recovering in the present day’s losses within the subsequent session.
pavinjoseph:
they had been the one dealer among the many many I contacted to not require sustaining money margin for coated calls.
I feel they don’t permit it. And as per the assist reply from Zerodha the requirement of fifty% money margin is remitted by authorities. My guess is the opaqueness of the dealer is what lures a potential shopper to signal on. They’ll commerce and thus generate cash for the dealer which in flip gernerates cash for the exchanges and maybe exchanges share it with SEBI aside from the large taxation concerned. So in the event that they publish this info the variety of complete customers will come down and impacts their money flows. I feel the exchanges don’t even come underneath RTI.
Considered buying and selling on US exchanges underneath the LRS scheme of RBI however then the financial institution commissions shall be way over the earnings we will get if we’re frequent dealer. Once more I perceive that they won’t let everybody to commerce in derivatives. They will not be as clever as growing taxes and lot sizes will do the trick!
However interface sensible zerodha has no match. The convenience of getting the data we’d like is intuitively introduced that any zerodha person will deal with them because the benchmark.
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If now we have to speak philosphy or faith or spirituality this will not be the suitable discussion board however i might say that these Gods and religions are all manufactured by probably effectively that means individuals of these occasions to ascertain some order within the society when regulation enforcement was tough or costly. Looking for oneself is self curiosity and that’s permissible underneath regulation or justice or faith. However grabbing one thing from others to hoard for oneself is the issue. Whether or not we revenue or loss within the commerce is our luck or competence maybe. However we don’t intentionally lose cash. At the very least market individuals come right here to earn a living solely. In fact what you mentioned is completely true as a time collection – from ethics in private life to public life are all accelerating to hit the ground.
TitanTrader:
in kali yuga
Respectfully @TitanTrader This isn’t the suitable discussion board to speak spirituality. I might recognize should you may strictly hold subjects impartial and on-point and never convey mystic beasts and flying individuals into the discussion board.