Best broking firm

[sjjayakumar]

Can anybody tell as of now which broking firm is offering technical charting tools along with trade application and having good brokerage rates?

thx
Jak

 

[Roops]

Hi sjjayakumar,

I am going with sharekhan for quite a few months. I am mostly a day trader and sometimes go for short term trades. In day trading you generally involve a big turnover (buy+sell) but gather less profit compared to it. So your brokerage goes big. If you are planning to go with intraday, you can take 6000 rs amc pack (ID- 2.5p Del- 25p) and start trading with sharekhan. Terminal (Trade tiger) is good enough with handsome number of tools. Charting is a bit primitive with fewer number of line studies and indicators, but auto-refreshes very frequently. I think it is enough to bag your profits. Oh yes, I have seen the software crashing sometimes, but not often. Main advantage with sharekhan is that their server never falls down. So no chance of missing a good trade. Unlike many other brokers, here you can utilise the whole market hours, the cut off time is no less than 3:30 sharp. Margin to DP auto transfer at EOD is also a good funda. Online fund transfer works fine. Dial-n-Trade is good. Helpdesk is a bit sloppy, but they have somehow managed to solve my queries when I needed them. Has several minus points, everybody has, but it's not bad to work with. After all it is a broker who is maximum talked about

 

[rohangawale]

i have both acc in sharekhan and indiabulls
i think indiabulls is best , as the pib software is also good, and they solve the query in no time. only thing lacking is the chart,
but still i prefer indiabullllllllls

 

[Roops]

i have both acc in sharekhan and indiabulls
i think indiabulls is best , as the pib software is also good, and they solve the query in no time. only thing lacking is the chart,
but still i prefer indiabullllllllls

Hi,

Everyone has his own choice and own reasons to choose it. I did not use Indiabulls. As per your recommendations I can give it a try. Can you please tell me what are the account opening fees and brokerage rates?

 

[biyasc]

Technical Charts are available in the 16anna.com.
no charges , it is free.

are you sure? if yes then i am looking for the details.

 

[rohangawale]

Hi,

Everyone has his own choice and own reasons to choose it. I did not use Indiabulls. As per your recommendations I can give it a try. Can you please tell me what are the account opening fees and brokerage rates?

the ac opening fees is something 800 and for the software we have to pay 750 one time.

 

[rajeshrdm]

Hi sjjayakumar,

I am going with sharekhan for quite a few months. I am mostly a day trader and sometimes go for short term trades. In day trading you generally involve a big turnover (buy+sell) but gather less profit compared to it. So your brokerage goes big. If you are planning to go with intraday, you can take 6000 rs amc pack (ID- 2.5p Del- 25p) and start trading with sharekhan. Terminal (Trade tiger) is good enough with handsome number of tools. Charting is a bit primitive with fewer number of line studies and indicators, but auto-refreshes very frequently. I think it is enough to bag your profits. Oh yes, I have seen the software crashing sometimes, but not often. Main advantage with sharekhan is that their server never falls down. So no chance of missing a good trade. Unlike many other brokers, here you can utilise the whole market hours, the cut off time is no less than 3:30 sharp. Margin to DP auto transfer at EOD is also a good funda. Online fund transfer works fine. Dial-n-Trade is good. Helpdesk is a bit sloppy, but they have somehow managed to solve my queries when I needed them. Has several minus points, everybody has, but it's not bad to work with. After all it is a broker who is maximum talked about

I think charts are better in TRADE TIGER THAN 5 PAISA'S TTADV. In TTADV if you want to draw trendline it will be horrible .Also candles show wrong values if you put cursor on the candle.

 

[kalki]

today's inflation no's somewhat relief so long i feel the broker who has nearest head office ex: chennai- geogit, cholamandalam like that b'case if u fed-up u even throw stones at night time so no one will hurt

 

[vpsarathy]

I think charts are better in TRADE TIGER THAN 5 PAISA'S TTADV. In TTADV if you want to draw trendline it will be horrible .Also candles show wrong values if you put cursor on the candle.

Sharekhan - Someimes when you see 5day charts at about 9 AM, yesterday's and previous day's look identical.

Very often when you want to sell/buy be careful to see the time against price. You will note that there is a delay as a result, sometimes you have to log out and log in to see the latest price. Surely price would have changed not to your liking.

I have complained umpteen times; they simply donot care.

vps

 

[columbus]

Sharekhan - Someimes when you see 5day charts at about 9 AM, yesterday's and previous day's look identical.

Very often when you want to sell/buy be careful to see the time against price. You will note that there is a delay as a result, sometimes you have to log out and log in to see the latest price. Surely price would have changed not to your liking.

I have complained umpteen times; they simply donot care.

vps

The main problem with SHARKHAN is slow rate of refresh of the stock quotations.For positional traders it may not cause much harm but for day traders it is a BIG drawback.