Paytm Money launches their brokerage services

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Beware, jab karvy jaisi company safe nahi hai toh paytm ki kya guarantee ki woh paisa lekar nahi bhagegi,
Aur waise bhi discount brokers se toh tauba tauba

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CA.MAYANK.KOTHARI wrote:

Beware, jab karvy jaisi company safe nahi hai toh paytm ki kya guarantee ki woh paisa lekar nahi bhagegi,
Aur waise bhi discount brokers se toh tauba tauba

Discount broker ho to kya… Apka stock to cdsl me Store hota h… So it’s safe

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THE_Beast wrote:

Waitlisted

I waitlisted myself.

Now thinking will i be charged 150 for opening.

I already have in zeodha, do not want more than 1 demat account.

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abcdpvk872 wrote:

Discount broker ho to kya… Apka stock to cdsl me Store hota h… So it’s safe

U have no idea about market then

Btw still brokers can steal ur shares that’s why sebi coming with new regulation from dec 1 2020

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Admin
CA.MAYANK.KOTHARI wrote:

Beware, jab karvy jaisi company safe nahi hai toh paytm ki kya guarantee ki woh paisa lekar nahi bhagegi,
Aur waise bhi discount brokers se toh tauba tauba

https://www.businessinsider.in/stock-market/new...

do you feel this would be better..
can’t trust a discount broker for sure – maybe a full service like hdfc sec. may make sense

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abcdpvk872 wrote:

Discount broker ho to kya… Apka stock to cdsl me Store hota h… So it’s safe

you gave them POA
your Game over

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meragoyou153 wrote:

you gave them POA
your Game over

So just don’t give it. It’s not mandatory anymore. Just sell using TPIN/OTP.

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meragoyou153 wrote:

you gave them POA
your Game over

If you have not submitted the POA, you will be able to place delivery sell instructions by using the CDSL TPIN. This mode of consent has a restriction of a maximum of Rs 1 crore of sell transactions per day. The off-market transfers are limited at Rs. 2 lacs per scrip and Rs. 10 lacs overall per day.

If you have a portfolio of over Rs 1 crore and wish to sell more than Rs 1 crore of stocks from your holding in a day, you will have to send POA to the broker.

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@ Jarvis.-.

this is true,..

but I felt we can trust with paytm money?

or Am I getting fooled with there good and rich UI toungueout

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Admin

https://www.thehindubusinessline.com/markets/st....

" from August 1, 2020, POA can only be used for transferring securities for meeting the client’s pay-in obligation or pledging the securities lying in the client’s DP account in favour of brokers, clearing members or clearing corporations for collateral/margin purpose. "

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Haven’t tried with this one yet. Paytm charges Rs.10 for brokerage, I still prefer trading on zero brokerage with my old broker finvasia, why pay more when you get all in zero.

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