best broker for intraday trading

best broker for intraday trading

  • share khan

    Votes: 141 25.2%
  • india bulls

    Votes: 39 7.0%
  • angel broking

    Votes: 64 11.4%
  • india infoline

    Votes: 50 8.9%
  • reliance money

    Votes: 32 5.7%
  • religare

    Votes: 42 7.5%
  • geojit

    Votes: 18 3.2%
  • just trade

    Votes: 8 1.4%
  • ventura

    Votes: 43 7.7%
  • r k global

    Votes: 123 22.0%

  • Total voters
    560
#91
As you are under subbroker I think the sub broker allowed you to carry on with the margin for a longer duration.

@MOD
I thought posts will auto merge but it went to show me posting many times though each posts are different. I cannot find delete option as I thought I could merge all of my posts as one post :(
 
#92
if you could trade at a prop shop that puts up trading captal for u, ofcourse u have to split 50/50, but u dont risk ur own money and have a whole school of traders and leaders to learn from, why wouldnt u prefer to do that?
 

lazytrader

Well-Known Member
#95
It is shocking to hear that Intra day trades cannot be done after 3.05 even after paying 15,000 :eek: Thanks for the information.

out of curiosity
That 15,000 refundable after subtracting the brokerages used? Or non refundable?
Adjustable to brokerage. Non-refundable. How can you ask someone to give you money back now-a-days anyway?:annoyed:
 
#97
Dear Forum Members,

Do anyone of you have experience with IL&FS Investsmart Securities ? Now it is HSBC InvestDirect Securities. It has the positives of ICICIDirect with its 3-in-1 A/c of Bank-Demat-Savings A/c combination. It has the Web-based trading site but it goes one up with the "SmartTrade is an EXE based desktop software designed for active traders".

Has anyone tried this service in either of the avatars (IL&FS / HSBC) ?

As I bank with HSBC I would prefer to deal with them. Having bank, demat and trading a/c in one place helps.

Thanks
 

lazytrader

Well-Known Member
#98
Dear Forum Members,

Do anyone of you have experience with IL&FS Investsmart Securities ? Now it is HSBC InvestDirect Securities. It has the positives of ICICIDirect with its 3-in-1 A/c of Bank-Demat-Savings A/c combination. It has the Web-based trading site but it goes one up with the "SmartTrade is an EXE based desktop software designed for active traders".

Has anyone tried this service in either of the avatars (IL&FS / HSBC) ?

As I bank with HSBC I would prefer to deal with them. Having bank, demat and trading a/c in one place helps.

Thanks
They will charge you extra for that convenience.
 
#99
They will charge you extra for that convenience.
Yes, they would I guess. Some seasoned traders I know prefer ICICI just because of this convenience and because of "dabba trading" by independent broking houses... I will have to find out exact rates though... ICICI itself is expensive... HSBC should be even more expensive.... I will have to weigh the cost-convenience ratio... just wanted to know if anybody has some pointers for this service apart from the apparent high rates ... thanks
 
Hi all.
I am new to the trading world.

Just enquired in Religare to open demat+trading a/c. The RM told the a/c opening charge is Rs. 500(one time). Deliver-0.3%, intra-day-0.03% and importantly minimum transaction charges will be Rs. 25 per trade.
Plus, the ODIN Software charge is Rs. 1800 per year. But, if my brokerage fees exceeds Rs. 1800, the money will be refunded.

So, shall i go with them?
If not, plz suggest any other reliable broker. thanks.
 

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