FAQs

FAQS

It is our experience that retail traders are often forced to take up higher risks to make up for high transaction costs. As an online broker, we believe in keeping costs as low as possible for our online customers so that we can pass on the savings to our clients.

Oroboro is a brand run by Vertex Securities Limited. Vertex is one of the oldest broking houses in India and has been operating for 26 years.

There are many rules and regulations that are already in place to ensure that your funds are safe. Here are a few key main points: –

bullet All brokers have to deposit a certain amount of money with the NSE and MCX to become members of the exchanges. This is done in order to ensure that Oroboro has capital adequacy and a minimum net worth policy.
bullet Client funds have to be kept in a separate bank account. A broker cannot mix client and pro funds together in any way.
bullet Every year, the exchanges perform a thorough audit spanning several days. They check when funds came from clients, how much is with the broker, what they were used for and many other detailed compliance checks. Oroboro has passed this check every single year.
bullet Our calls are on a recorded line. If the broker places an order on behalf of a client, he must have proof of doing that. Using RKSV NestTrader clients can double check who placed the orders by directly calling the exchange.
bullet Investor Protection Fund--Part of your transaction fees charged by the exchange go to this fund which is set aside to help clients recover losses in case of electronic, systematic or other non-client related failures. This is maintained by the NSE/BSE/MCX.

Oroboro levies account opening charges of Rs 500.

Providing trading and/or stock tips is NOT a part of our core service offerings. As an online broker, we believe in keeping costs as low as possible for our online customers. However, we do offer these services on a subscription basis for those who are interested.

A client can open an individual, HUF, company, corporate or partnership types of accounts.

MIS stands for Margin Intraday Squareoff. NRML stands for Normal Product. CNC stands for Cash and Carry.

A charge of Rs. 10 per order (exclusive of taxes) is levied on orders regardless of market segment

At any point in time, there is no limit to how many bank accounts a client can link with us. One bank account will be the primary bank account and the others will be marked as secondary bank accounts.

Please email us at hello@oroboro.in and we shall respond to your queries

Currently we do not provide any margins for our discount broking customers. Margins are provided in our offline full service broking business operated under the name of Vertex Securities Limited.

Oroboro offers its clients demat accounts. Demat accounts are accounts required to hold shares electronically.

For NSE Cash, BSE Cash, and NSE F&O, trading hours are from 9:15 a.m. to 3:30 p.m.

OROBORO Mobile app

OROBORO Web app

You can open an Oroboro account by clicking on this link https://signup.vertexbroking.com/ The entire process is online and can be finished in 15 minutes.

Enquiry & Form.