Dynamic Margins

Yes. And then raise tickets from each account separately to get same reply everywhere. If the calculation was right they shouldn’t refund the amount. The moment you are refunding, you are admitting that it was charged in excess.
Give us the reason why this is happening.

What next? we should calculate stamp duty calculation also ??

Discrepancies always seem to make the broker richer, and not the customers - I wonder why :sweat_smile:

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Standard answer for this.
Zerodha’s revenue model doesn’t work that way. We at zerodha have no intentions to charge our clients extra.

True , in one of the refund snapshot they didn’t refunded the igst on brokerage. I am not sure if these things gets audited or where these money goes! Hope to see @nithin get these things checked and prioritise the fixes.

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They can pass a credit note for brokerage refunded. So even IGST should be refunded.

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Same, that’s why I first create a ticket, so that the issue can get sorted internally, but it’s of no use.

In my first ticket, I went so far as to even provide the order number which I used to make the account go into positive, but still that generic reply.

This whole issue pissed me off a bit, so much so that instead of focussing on Finnifty expiry, am taking time to rant here.

Please post that reply here. Let all of them see.

Same here. I could have made more than the excess brokerage charged. Lol.

I left all my work. And fighting here for 20 to 40 rupees. I feel so stupid.
But it’s not about the money at all. It hurts to see someone whom I trusted so much is least bothered about what’s happening.

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What you talking about. Who is not bothered about “more money” :japanese_ogre: They probably can hear every tinkle, as the coins drop into the forbidden pot. At scale, and with time, perhaps 100s of crores of tainted money.

Least bothered about our concern.

robb

When people rob your trust(and money), it doubly hurts!

is this happening to all trades, or something particular to F&O traders.
I am worried now that i have to keep checking my charges every trade. This is going to be difficult if i take multiple trades every day.

Not as difficult as day traders who make multiple trades in multiple stocks from multiple accounts in multiple hours, both long and short, with leverage :grin:

Two weird things I noticed today:

a) Was rolling over finnifty closer to ATM. When I sold naked 19400 CE, the account went into negative, and got a margin call. Earlier everytime, the system wouldn’t allow you take position if you don’t have the required funds, but this time it did. Had to square off one lot to make it go into positive.


b) Towards the EOD, system wasn’t allowing to take positions even though required cash was there (or at least it was showing on Kite). There were no open orders either. Created a video for this but not posting because it contains personal details.

They charge higher than required Exchange Transaction Charge.

On derivative trades they sneak in extra brokerage here and there (vaguely termed discrepancy here, but there is a better word for it and it starts with F).

I don’t understand why Zerodha is risking a great business with such suspicious (to put it politely) behavior.

All I can say to everyone is - Trust actions, not words. Or as they say - ‘Trust but Verify’.

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I like this.

Exchange Transaction Charges are as per Broker Turnover…but they charge highest rate…so…they make profit on delivery trades too…which i have no issue…business shud be profitable…but to claim…its total free…is not correct


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We have made the necessary changes and this should be fixed for your IDs

@Meher_Smaran

What do IDs mean, it is not fixed for other IDs?

If this is a fault in the system, which affects everyone, the fault should be removed.

:question:

@ShubhS9

Can you reply to my above question?

@ShubhS9

Would you answer this?