Discount Broker Comparison

[jaykdodiya]

https://www.kotaksecurities.com/

I just noticed, Kotak Securities also has a zero brokerage plan.

Any reviews on this ?

they have hidden charges of 0.006% on total turnover which is not mentioned anywhere on their site. i have opened account with them and after login to their trading site i read about charges so never deposited any money.online reviews are also very negative.their trade free plan is just trap n they charge more than any traditional broker.

 

[kotaksecurities]

Hello, we’re sorry to hear about your experience. Please share your client code and registered contact number with us via [email protected] for our team to get in touch with you at the earliest. Alternatively, you may also chat with us directly via bit.ly/kslchat

 

[timepass]

Hello, we’re sorry to hear about your experience. Please share your client code and registered contact number with us via [email protected] for our team to get in touch with you at the earliest. Alternatively, you may also chat with us directly via bit.ly/kslchat

Maybe you can open a separate thread here about your services, maybe contact [email protected]

 

[TT2011]

Hi, I need a broker for intraday trading in cash (equity) only. Please recommend.

 

[timepass]

Hi, I need a broker for intraday trading in cash (equity) only. Please recommend.

Then Finvasia, but you can't short sell equities unless you have them in your demat.

 

[TT2011]

Then Finvasia, but you can't short sell equities unless you have them in your demat.

It means they are NOT good for intraday trading

More suggestion, please!

 

[Kungfu]

Hi, I need a broker for intraday trading in cash (equity) only. Please recommend.

May I know the reason behind your request?

 

[TT2011]

May I know the reason behind your request?

I am using 5paisa and want to experience if other better broker exist. How is ProStocks for equity cash intraday?

 

[bottrade]

I don't know if I should be looking for new broker after Finvasia tech glitch last week. I am kinda thinking of I should, based on my initial google search these are the ones I am thinking of. How good are these brokers? Can I go ahead with one of them?
* Kotak Securities - 99/- Account opening charges - Nil brokerage for day trading.
How is Kotak securities for day trading? This one is in top of my list for now. 3 in 1 account, there is no clearing charges, don't know if there are any catch/hidden charges once I open the account. There is no clarity on AMC as I am not gonna use demat account. Basic account shouldn't attract any charges, right?
* mStock - 999/- Account opening charges - Nil brokerage; Operating charges - 99/quarter (Something new?)
What's that 2400/- they are talking about while opening account with mStocks? mStocks is just a year old, don't know how they are. Don't know why the account opening charges is this heavy. And I don't buy when anyone say lifetime free. Eventually they will charge something like now they charge operating fee for one, they will sure come up with some new charges.
* Flattrade - 375/- Account opening charges - Nil brokerage.
Since I am looking for more reliable brokers, I don't know if I should be considering this as they are comparatively small.

 

[godfather]

Can anyone share there recent experience from Finvasia issue. I am planning to shift to another reliable discount broker, currently with zerodha. They have some deeper issues now. Which I tried to explain but I dont think they care about that now. They havent updated there tradingview charting etc...