Comment on Online pledging of stocks for trading F&O
commented on
16 Jun 2016, 01:29 AM
I am newbie in zerodha. but I have past experience in other brooking farm. My queries / suggestion to upcoming zerodha as below.
1. Though ZERODHA forecast as low brooking farm, so it is need to reduces price for pledging/unpledging . It should be Free or Rs. 10 to 20 irrespective of quantity .
2. It takes lot of time nearly one day to reflect margin. It should be within one hrs or less though pledge/unpledge is chargeable .
3. Pledge/unpladge charge not deduct at the time of pledge. It should deduct separately when pledge and when unpledge if applicable.
4. It is not required manually unpledging the stock if seller want to sale the stock. When seller wants to sale pledged stock, Pi or kite give options to unpledge and sale instantly. unpledge charge then deducted if applicable.