noun a person who nudges; pest

Because nudging preserves freedom of choice and fits within the proper roles and responsibilities of government, nudges are ethical when transparent and beneficial to the public interest As with any other reform, nudges should undergo careful scrutiny to determine their effectiveness and ethical implications

Behavioural nudges are alternatives to using standard government interventions in markets eg through taxes and subsidies to influence the choices that people make in their everyday lives

Gmail’s nudging feature, which brings emails back to your inbox when a reply hasn’t been sent by you or a recipient, is great and all if you need constant reminders

Nudges “warn users when they’re about to break basic trading rules” A nudge shows up after traders swipe to buy a stock Nudges warn users if they’re about to break trading rules

Account opening charges at Zerodha If you want to trade in both equity and commodity, then you need to pay an account opening charge of Rs 200+Rs 100 = Rs 300 However, if you want to trade just in equity (stocks), then you need to pay the charge of Rs 200 only

So, if you exit your holdings and buyback the sold holdings on the same day, and if you had used the proceeds of the holdings sold to take another intraday trade, there could be a peak margin penalty on the intraday trade if you didn’t have sufficient funds available other than the credit from selling your holdings

As per SEBI regulations, margin shortfall penalty is levied on trades performed without sufficient margin (SPAN & Exposure for F&O and VAR+ELM+Adhoc for equity), net buy premium, physical delivery margins and marked to market losses (if applicable) as prescribed by the exchange

Zerodha doesn’t offer margin funding As per the new margin requirement applicable from Jan 1st, 2020, brokers are not permitted to offer additional margin The customer has to pay the margin as prescribed by the stock exchanges

To avoid margin shortfall, need to add funds therefore, Margin call appears with margin shortfall ignoring will be penalized as per the exchange stipulated policies

Over-utilisation of collateral value- Exchanges stipulate that for overnight F&O positions, 50% of the margin needs to compulsorily come in cash and the remaining 50% can be in terms of collateral margin If you use collateral margins in excess of 50%, interest is charged on the excess amount utilized

Zerodha brokerage hidden charges include call & trade charges, position squared-off by broker and SMS trade alerts as explained below: Call and Trade feature is available at an extra cost of Rs Additional charge of Rsuted order for MIS/BO/CO positions which are not square off by the customer

Margins NSE/BSE Equity: Zerodha has a policy of giving up to 20 times exposure on a broad spectrum of stocks; no margin is given for delivery trades The client needs to have enough money in his trading account to take delivery of shares failing which Zerodha can cut the position

No, Zerodha doesn’t give interest on the money held in the trading account Zerodha also doesn’t accept personal FDs as margin for trading

Zerodhalenge is more of an opportunity for the existing clients of Zerodha to put their trading skills to a test for 60 market days Till April 2018, clients had a chance to get the brokerage rewarded back to their trading account from Zerodha for those 60 days

The 60-Day Challenge is an initiative by Zerodha to encourage traders to be more focused on their trading and bring back fun into their trading The challenge is to trade profitably over 60 trading days

Stock trades are free for Zerodha users who hold their shares for longer than a day The firm makes money from fees on futures, options and intraday equity transactions, which cost a maximum 20 rupees Kamath says he now sits atop a family fortune of at least 5 billion rupees, excluding his stake in Zerodha

This platform is absolutely free since August 24, 2018 Here, you can make your investments without any commissions With the help of Zerodha Coin, you can have Direct mutual funds in DEMAT form, with the convenience of one portfolio across equity, MF, currency, etc

Nikhil Kamath

The brokerage of Zerodha Max Rse while the brokerage of Upstox Max Rse Both the brokers are Discount Brokers Overall rating for both the brokers are also equal with rating 45 out of 5

The brokerage of Zerodha Max Rse while the brokerage of Alice Blue Max Rse Both the brokers are Discount Brokers Zerodha is having overall higher rating compare to Alice Blue Zerodha is rated 45 out of 5 where Alice Blue is rated only 4 out of 5

We may refer to RKSV/UPSTOX as “We”, “Our”, or “Us” RKSV is a member of NSE, BSE, and MCX exchanges, and is registered with the Securities & Exchange Board of India (SEBI) as a stock broker with the SEBI registration numbers as stated below: MCX Member Code: FMC Regn

Is Upstox reliable? Yes, Upstox is a reliable discount brokerage company The company is SEBI registered along with a member with BSE, NSE, MCX, CDSL and NSDL It is backed by reputed investors like Ratan Tata, GVK Davix and Tiger Global

Yes Upstox is an online discount stock broker backed by funding from Mr Ratan Tata He held 133% stake in the company As of Jan 2020

You can check out the Upstox Pro web & mobile platforms for free and open an account only when you’re ready to place a trade There’s no fee to use the trading software

Ratan Tata