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Showing posts from December, 2019

Your Interest Is Our Top Priority

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Online Trading In India  At Tradeplus, working for your best interests has always been our top most priority.  As events of the past year have underscored, it is not how big you are that counts, it is how well governed you are that matters the most . And good governance is at the core of every facet of our service at Tradeplus and here’s how we do it. We don’t have propriety business . This means we don’t trade in our own accounts. Almost all the large brokers in India run propriety desks where they trade on their own account. For us all along our 20 years in this business we have always had the philosophy of 3T’s – Trust, Transparency and Technology and YOUR best interests has been the only thing that have mattered. First ones to get Margin trade funding license from SEBI:  When most of the top brokers have set up Non Banking finance companies (NBFC) arms for margin funding, we looked the other way and obtained a SEBI license to provide Margin Trade funding (MTF). The SEBI

What is the impact that currency movement has on NRI online trading gains?

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NRI Online Trading A non-resident typically has income in foreign currency and normally invests in India. For an NRI does not look at purely equity returns but also the currency returns. In fact currency fluctuations can leave a deep impact on the NRI equity returns. Let us look at four such cases. If an NRI has invested in India and earned returns of 12% on equity, what would be his effective returns? It would depend on the currency movement. If the Indian rupee lost 6% against the US dollar, then the NRI would have earned effective dollar returns of just 6% (12% – 6%). On the other hand, if the rupee appreciates, the NRI stands to benefit. Extending the above case, if the rupee had instead appreciated by 4% what would have happened. He would have actually earned 16% (12% + 4%). That is why NRIs investing in India always prefer a strong currency in India. That is the reason, most NRIs prefer to invest into India at a time when the rupee has weakened and there are hope

Index Fund – All we need to know about Index Fund

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Investment Can you have a long term strategy based on just passive indexing? No worries about active selection and portfolio management. Let us first understand what indexing is all about. What is an index fund all about? An index like the  Nifty  or the  Sensex  which is representative of the overall market forms the basis of an index fund. In India, most indices are broad-based and weighted based on floating stock. That means a company with more floating stock will get a higher weightage. While the SENSEX consists of a group of 30 stocks, the NIFTY consists of a group of 50 stocks. Let us now understand what an index fund is all about? An  Index fund  is a mutual fund that benchmarks an Index and invests its entire corpus in the same proportion of the composition of that index. For example, if RIL and HDFC Bank have a weightage of 4% and 5% in the Nifty then the Nifty index fund will buy these stocks in the same proportion too. Investing in an Index Fund is called passive

What are pros and cons of stock options and index option trading?

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Online Trading India The derivatives market started in India quite late. It was only when the erstwhile Badla and the ALBM were banned in India that  online trading  in derivatives were introduced in India in 2001. While the early years were quite insipid, the momentum really picked up post 2004. Currently, if you look at the daily turnover, the future and options trades account for over 95% of daily turnover with cash equity accounting for less than 5%. Futures versus options Futures are a lot more straightforward. You try to leverage positions with a small margin and either buy or sell futures depending on your view in the market. Profits and losses can be unlimited irrespective of whether you are trading on the long side or on the short side . That meant that futures were still risky. That is where options became so popular in India. Options are a right without an obligation. A right to buy without an obligation is a call option whereas a right to sell without an obligatio

How to exit a stock at right time?

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online stock trading It is said that entering a stock trading is a science but exiting the stock is an art. How do you develop the art of exiting the wrong stock at the right time. There could be many reasons for exiting like overvaluation, unfavourable markets, company specific negative inputs, rich valuations, industry level factors etc. But the big challenge is to identify the triggers for a sell in the specific stocks. How do you go about it? Triggers to sell a stock can be fundamental, technical or even purely news driven. The irony is that most traders and investors understand buy signals quite well but they falter in identifying the sell signals. The next big debate is whether you should predicate the decision on fundamental factors or on technical / chart factors. Ideally, you should first consider the fundamental factors that induce to sell the stock and then ratify it with technical signals . At times, it can also be the other way round wherein the technical charts gi

What is the difference between NRI demat account and Resident demat account?

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NRI Demat Account  A non resident Indian (NRI) is an Indian residing abroad and earning in foreign currency. Such NRIs have the facility to invest in Indian equities and mutual funds through the opening of a PINS account with an authorized bank. Can the NRI open a  demat account in India  and can the resident demat account be continued in case the person becomes an NRI? An NRI can also open a demat account in NSDL or CDSL through any of the recognized DPs in India. However, the NRI demat account is different from the normal resident demat account in the sense that it is designated as a NRI Demat account and the existing restrictions on repatriation of profits and capital apply to a NRI demat account. What exactly is a demat account? Demat stands for dematerialization. Instead of holding physical certificates of shares, bonds and ETFs, one can hold these assets in electronic form. These shares are held as credits to the demat account and when they are sold then the demat ac

Online Trading Platform Infini Power Update

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Online Trading India Dear Infini Power Users, There seems to be no ending for updation of Infini Power. As we dig, more and more fascinating features prop up to offer to our clients for exciting  online trading  India . Check out the following updates! Search and Add scrips to watch list Quick search option is introduced for the traders to search for the scrips and add it to their watch list at ease. Quick search menu is placed next to “Add Symbol” option in the dashboard. EMA Cross Over Signals Buy-sell signals based on EMA cross over is introduced. It is added to the signal icon appearing at the top right corner of the chart. Facility to change the values of EMA as per your requirement is also enabled. Pivot Point for the Options contract You can view the pivot points for options contracts too by clicking the “RS Levels” icon at the left panel of the chart. Sector Map Sector map default view is changed to descending order. And sorting of other col

Benefits Of Online Share Trading

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Online Trading In India What is online trading? Online trading is defined as buying and selling of shares electronically through BSE, NSE and MCX integrated platforms. In India, online trading is considered to be one of the ever-popular and most functional activities. In the fast developing economy with creative trends sprouting out from different corners, keeping up to them is a primary task. Because of this growing trends and ideas, any business transaction or related operations have become handy and simple. This does not change for online share trading as well. Buying and selling of shares have become much more easier at Tradeplus. All you have to do is, open an account with us. Common watchlists and personalized watchlists provide useful insights to traders, based on which they perform shares trading. A simple concept of buying and selling of shares is what summarizes online trading on the whole. Our main motto is to be the ‘real discount broker’ among the others. I