Open trading account in india infoline
The Appellate Tribunal has noted that there was inconsistency in the petitioner's submission in respect of giving instructions for Arb.
They also did not accept his explanation that his terminal was blocked and therefore he could not passed instructions online. The Appellate Arbitral Tribunal saw justification in the respondent's squaring off one position on The remaining open positions were squared off on The Appellate Arbitral Tribunal concluded that the respondent did not give any instruction for squaring off on The trading member has a right to square off the open position in case of shortfall of margin or to recover the debit balance but is not under any obligation to do so.
It was further observed that it was the discretion of the trading member to decide when and what positions were to be squared off to recover the shortfall in margin. This view was consistent with Arb.
The Appellate Tribunal also did not accept the Sole Arbitrator's conclusion of the petitioner's loss of Rs. The Appellate Arbitral Tribunal also opined that the respondent did not have any motive in not squaring off the respondent's open position on In short, the opinion of the Appellate Authority was that no instructions were given to square off the entire open position on The position were squared off on An appraisal of the impugned Award reflects that the Panel of three members of Arbitral Tribunal have applied their mind to the dispute raised before them.
The said order is a reasoned one. This is not a Court of Appeal and certainly cannot look into the appraisal of the Arb. Suffice it to say that if the impugned Award reflects due application of mind, there is no scope for any interference by this Court. File be consigned to Record Room. Try out our Premium Member services: So instead of being penny wise and pound foolish, it is best to avoid IIFL and use one of the reputed discount brokerages out there.
Use our website Comparebrokerages, to make the best choice. Fee is also 9. I placed one trade on the web. You can see our recommended brokers here: We request you to send us your mobile number so that our customer service team can get in touch with you. Sorry for the delay and inconvenience caused. Our official will surely contact you and solve your query.
Sorry for the late reply. Please help us with your client id and our team shall touch base with you at the earliest. Our official will surely contact you and address your query. I already have a account with IIFL and want to convert to this option. The relation ship manager never cares to tell the customer about this low brokerage. I never found the relation ship manager helping me with any of the thing It is just waste of having the relation ship manager.
Can you please let me know the details. My id is bsatish8. Dear Satish, Sorry for the delay and inconvenience caused. Today I have maid transaction in Option.
IIFL charged me Rs 4 per unit. You can checkout our recommended brokers here: Please share your client id our official will surely contact you and address your query.
Dear Mahendrasingh, Sorry for the inconvenience caused. Thank you for showing interest with IIFL. We do have desktop version and our team will be happy to answer any queries you may have about the same. I once had IIFL account then nifty lot size was reduced by exchange and they purposely did not educate customer and were charging huge money on per lot and they literally looted customers that time. I made profit on one transaction and IIFL brokerage was close to as I had bought more lots.
Thats it, i ended my all relationship with them despite they called many time about this 9. Now am with zerodha, they charge exact money as their brokerage calc shows. India infoline charges plan is good only for future and option traders..