BEST DEmat account

[beethoven]

If someone is afraid of keeping shares in demat account then following precautions can be taken:

Avoid carrying huge portfolio in demat account which is with your broker and is connected with your on-line trading. Normally brokers are good and safe but still some talks are making the round that shares vanish from the demat account then keep only bare minimum in the demat which is linked with on-line trading and shift the balance to a demat account with a nationalised bank without having online transaction facility. This will be safer and every month they will send you an account statement which you can verify. In such accounts any selling and transfer is thru a transaction slip -- a paper slip. This is normally very safe.

So keep all your long term investment shares in a separate account away from broker.

Bee

 

[cpbimal]

how to trade on commodities ? using icicidirect

 

[bangerabs]

You ask any of the Online Trading Provider they will be talking of 2.5/25, 3/30, 5/50 5/75 paisa brokerage (Intraday/Delivery). But RelianceMoney charges you flat 1 paisa for every order you place. You save on brokerage and subsequently you also save on ST+ES (13.36%) in case of RelianceMoney. Their IntsaTread facility gives streaming quotes. ICICIDirect does not give any comparable feature (i mean streaming quotes). InstaTread (RelianceMoney) facility is boiled down replica of Treader's Terminal like ODIN. It gives live quotes but does not give charts the way ODIN gives. ODIN (or similar) is provided by 5Paisa, MarwadiOnline, Geogit, Angels and many more.
Do anyone knows any URL where a list of all online trading service provider is available. Comparative study in terms of charges (onetime and recurring and brokerage etc), services provided (like as Comodity, IPO, Overseas Trading, Forex etc), with details are provided and maintained on ongoing basis. (Site admin of TraderJi may note the point).
I know one article of interest http://www.rediff.com/money/2007/jun/11broker.htm
BTW this is my first posting on this site.

Hi, rrs,

I have account with Reliance Money. I agree with you that for small investors, it is good. But I had some problems with it due to which I do not trade with them. I do not know whether such problems are solved now. that is (1). Orders used to remain "inprocess" for several hrs. (2) When u repeat the transactions in a particular scrip, the net buy/sale amount is not given in the contract note. If one has multiple transactions repeated in multiple scrips, it is difficult to find out the net rate in which one has bought/sold a particular scrip, which I believe is necessary to assess P/L. If you still continue with RMoney, will u please clarify the above, so that I continue to trade with them?.

 

[shipz]

guys how about Axis bank..

 

[infosharemarket1]

UNICON Securities

 

[darpanasharma]

According to me UNICON Securities.

demat9.in

 

[vinodmg5]

hii members,i am a customer of india infoline.today i bought 25000 shares of sanraa media at the rate of 0.20 paise/share which total of all shares is becoming 5000 rs. and when i saw my todays bill i shocked they charged me 1250 rs. as brokerage........how it is possible?....around 25% of total amount brokerage?...isnt it so harrassing?....members pls pls guide.. am going to speak ccare tomorrow..

 

[uttam m]

i am very confuse for which is the best demat account, pls help me and i am new in this field.

 

[Rajezh19]

I finisihed studies and going to move on a job. now i want to enter into share market. Because of my job i not able to do intratrading, instead i thought to go for anyother? like investments,...... Can anybody guide me
What are the ways to invest in market other than intratrading? and
what is the best demat account suited for me?

:thanx:

 

[Newbie Day-Trader]

I finisihed studies and going to move on a job. now i want to enter into share market. Because of my job i not able to do intratrading, instead i thought to go for anyother? like investments,...... Can anybody guide me
What are the ways to invest in market other than intratrading? and
what is the best demat account suited for me?

:thanx:

Welcome to the forum.........well, I wasn't able to get everything you've said but I think you want to invest for the mid/long-term so that you won't have to leave your job......well.......you could consider learning "positional trading" or "value-investing" which mayn't take up that much of your day-time but again, that'd still require learning & studying.......as for investments.....you could diversify your portfolio by going for "hard-currencies" like gold, silver, crude-oil, etc or you could consider bundled instruments in order to mitigate risk like NIFTY-futures, Mutual Funds, etc.........but at the end of the day, whatever you'll've chosen to invest in, you'll've to learn & understand the underlying factors that affect it........whatever you do, do it wisely.....cheers