Choosing Broker

[hira]

Hi,
I wanted to which banks have tie-ups with angel broking, anagram and indiabulls for easy online fund transfer, and whether funds can be transfered both ways trading to bank account & vice versa. How much time it takes?
i am thinking of opening savings ac in vijaya bank, but there is no mention of this bank. I have initially 10K to use for trading, which broker would provide cheap base rates. I am interested in intra-day and swing trading in equity.
When many users have mentioned their comm. rates (0.03/0.30) in intra and delivery, is it single leg or both legs. Can i get these rates for single leg only with no commitment?

Does angel broking charge Rs. 30 minimum per contract in bangalore?

Thought of RKG, but have been reading disconnection issues in RKG Global thread.

Which broker is suitable for beginners and what rates are to be expected?
Thank You.

 

[dhruvrs]

Hi!

Angel broking has tie-ups with 20 banks for pay-in and for pay-out, HDFC and ICICI banks are there for sure for online fund transfer, but I dont know which other banks are also there for pay-out.
But anyways, it doesnt matter, as they have a tie-up with Vijaya Bank for pay-in and you can use RTGS/NEFT for funds pay-out.
PAY-IN is immediately done , whereas pay-out takes 1 day.
Based on my past experience with different brokers, I would suggest, go for Angel. At RKG you might get lower brokerage, but forget the service. After having bad experiences with Sharekhan, ICICI, IL&FS investsmart and HDFC Securities, I am finally happy with Angel. If you open an account with Rs 20000/- you can expect a brokerage of approx 0.25 on delivery and 0.3 on intra-day.

Hi,
I wanted to which banks have tie-ups with angel broking, anagram and indiabulls for easy online fund transfer, and whether funds can be transfered both ways trading to bank account & vice versa. How much time it takes?
i am thinking of opening savings ac in vijaya bank, but there is no mention of this bank. I have initially 10K to use for trading, which broker would provide cheap base rates. I am interested in intra-day and swing trading in equity.
When many users have mentioned their comm. rates (0.03/0.30) in intra and delivery, is it single leg or both legs. Can i get these rates for single leg only with no commitment?

Does angel broking charge Rs. 30 minimum per contract in bangalore?

Thought of RKG, but have been reading disconnection issues in RKG Global thread.

Which broker is suitable for beginners and what rates are to be expected?
Thank You.