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1. Selvamani   I Like It. |Report Abuse|  Link|June 2, 2012 6:29:32 PMReply
There are several catches in Ventura.
1. Leverage permitted (4 times) is very low. For doing a transaction (buy or sell) ,say,Rs.2,00,000 you have to keep a deposit (margin) of Rs.50,000 all through the year. But, the margin required by other brokers, who allow 10 times leverage is only Rs.20,000.
2. The additional deposit of Rs.30,000 insisted by Ventura leads to an interest loss of Rs.3,000 per year, calculated @ 10% p.a. This interest is enjoyed by them.
3. They insist for an initial deposit ranging from Rs.3,500 to 72,000 to be kept for a period of 1 year. If you opt for, say, Rs.10,000 plan you will be loosing Rs.1,000 as interest, which again is enjoyed by Ventura.
4. Getting back the initial deposit of Rs.10,000 is very difficult.For achieving the stipulated brokerage of Rs.10,000 @ 0.02% brokerage, you have to do 250 transactions, each (buy or sell)worth Rs.2,00,000. It means you have to trade for 250 days in a year.You cannot increase the transaction value as it is restricted to only 4 times of the margin money.
5. Overall, Ventura is NOT a good broker for online trading.