When MTF under GTT will be allowed.
Also there should be system where by we could download all the data from ATO systematically in Excel format same that has been done in Holding.
Can you please specify how much time. Say 10 days, 1 months, 2 months etc
This is a big change, we have a few to complete before, so canāt give exact ETA.
In my opinion same as download, upload of regular order or in upload of data for GTT and ATO and AMO should be allowed. As it make things easy. If we have 30 scrips in our portfolio and we work on certain formula or system and definitely price and qty of all scrips would change frequently. Now to change all the data manually on Kite is time consuming. I am sure same thing is happening with other users also. I am aware that API system is available, but all are not so technically sound to use API and to trust other for such system is risky as there is always fear of misusing of such system by others. Please take a serious note of it.
they wont undetstand,
use mstock,angel, or icici
these 3 are the best, having mstock at lowest mtf interestā¦
i tried mtf as they launched thinking it will be best, but here iām stuck with my position not able to convert it to deliveryā¦
daily even after having funds in account iām paying lots of interest to themā¦
zerodha has lost its no1 position to competitor,
angel is far better in innovation
Any update about auto pledge and pledges charges.
a broker already notified through mail stated auto pledge.
Effective from 24Feb and no pledge charges.
We will also offer auto pledge, will let our users know.
They mentioned no changes to pledge charges and not no charges.
Sorry for misunderstanding.
another question they also decreased mtf interest rate to 12.49%p.a.
Any chance of that in coming days zerodha may be decreased the same ??
That is till 5 lakh slab only I believe, anyhow we have no plans to reduce in near term.
You have said that Zerodha will allow converting MTF position to CNC shortly, Will you also allow converting CNC position to MTF ? This will help better utilization of cash balance.
Thanks.
Mstock charges much lesser interest. I suggest Zerodha should also offer lower interest rate for those who used more MTF amount.
No , that is not allowed as per regulations so we canāt. One should have upfront margin to take any trade.
They charge lower for higher slab, anyhow most of our clients fall under 5cr limit, also each company have their own policies and risks and accordingly they charge, we feel our current charges are justified the risk we take so in the near term we donāt have any plans to change our rates.
I believe that allowing the upload of data for regular orders, GTT (Good Till Triggered orders), ATO (Alertrade Orders), and AMO (Aftermarket Orders) would greatly simplify the process. This would be especially helpful for users with large portfolios, as frequently changing the prices and quantities of multiple scrips manually on platforms like Kite can be time-consuming. While Iām aware that APIs are available, not all users have the technical expertise to implement them, and thereās a valid concern about trusting third-party systems due to potential security risks. Introducing an easy-to-use upload feature would make portfolio management much more efficient and accessible, reducing the manual effort involved.
Any update on this?
Any update on āAlso there should be system where by we could download all the data from ATO systematically in Excel format same that has been done in Holdingā?
This may not happen anytime soon.
Is there a limit on the number of ATOs we can create, similar to how GTT orders have a limit of 250?