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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 may need been compelled on account of modifications available in the market. Sadly it is likely one of the worst websites as a result of they can’t rectify the glitch until finish of day generally. As we speak 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 additionally it is not attainable to know whether or not it’s technical glitch or insufficient infra or incompetent IT workforce or one thing else or a mix 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 after I was trying 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’d’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 lined name and a unadorned one, they have been the one dealer among the many many I contacted to not require sustaining money margin for lined calls.
Nonetheless, I ended up utilizing Zerodha for CSP/CC for the reason that interface is a lot better and there may be Sensibull integration. No level making an attempt 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 reality remains- that is finally a jail home—everyone seems to be searching for themselves. life will degrade, product high quality will diminish, decision-making energy will wane, and every little thing 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 can be right here, so let’s cease complaining and deal with recovering right now’s losses within the subsequent session.
pavinjoseph:
they have been the one dealer among the many many I contacted to not require sustaining money margin for lined calls.
I feel they don’t enable 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 may commerce and thus generate cash for the dealer which in flip gernerates cash for the exchanges and maybe exchanges share it with SEBI other than the large taxation concerned. So in the event that they publish this info the variety of whole customers will come down and impacts their money flows. I feel the exchanges don’t even come beneath RTI.
Considered buying and selling on US exchanges beneath the LRS scheme of RBI however then the financial institution commissions can be way over the earnings we are able to get if we’re frequent dealer. Once more I perceive that they won’t let everybody to commerce in derivatives. They is probably not as clever as growing taxes and lot sizes will do the trick!
However interface smart zerodha has no match. The benefit of getting the information we want is intuitively offered that any zerodha person will deal with them because the benchmark.
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If we’ve got to speak philosphy or faith or spirituality this is probably not the precise discussion board however i’d say that these Gods and religions are all manufactured by probably properly which means individuals of these occasions to ascertain some order within the society when legislation enforcement was tough or costly. Looking for oneself is self curiosity and that’s permissible beneath legislation 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 members come right here to become profitable solely. After all what you stated is totally 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 precise discussion board to speak spirituality. I’d respect if you happen to might strictly hold subjects impartial and on-point and never deliver mystic beasts and flying individuals into the discussion board.
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