Discount Broker Comparison

This security deposit trend is not good. They want 1 lakh security deposit for their Rs499 plan.:mad:
Its written "(Minimum Margin required to be maintained). "
I think we can use that money as margin for trading, but it has to be maintained.The person who started this must have been a priorty account relationship manager with a bank before becoming a broker:lol:
AQB of 1 lakh to be maintained :lol:
 

bpr

Well-Known Member
Its written "(Minimum Margin required to be maintained). "
I think we can use that money as margin for trading, but it has to be maintained.The person who started this must have been a priorty account relationship manager with a bank before becoming a broker:lol:
AQB of 1 lakh to be maintained :lol:
hmm in that case not that bad. but did u confirm with them.

In their website it says
"Interest Free Refundable Security Deposit of Rs. 100000/-. (Minimum Margin required to be maintained)."
The term deposit should not be used as per your explanation.

Also no details about their transaction charges on their site.
 

balab

Active Member
I would really think twice about doing business with a broker that advertises PIZZA on their trading website :|

hmm in that case not that bad. but did u confirm with them.

In their website it says
"Interest Free Refundable Security Deposit of Rs. 100000/-. (Minimum Margin required to be maintained)."
The term deposit should not be used as per your explanation.

Also no details about their transaction charges on their site.
 
I would really think twice about doing business with a broker that advertises PIZZA on their trading website :|
Overall the site does not look professional.

And you are right, they are advertising some pizza company..

Moreover the brokerage is for equity+fno, and separate for commodity and currency. Generally it is not wise to go purely for prepaid plans unless you are very profitable trading huge volumes. At moment only VPS has hybrid plans, which should have been copied by someone, but has not been done till now. Maybe in coming days we could have more hybrid plans
 
can someone tell if angel broking,unicon are any good in terms od reliability for opening demat with them?if not where to open demat account with least charge and good reliability.
 
IIFL are worst lot of complaits against them may be maximum complaints are against IIFL.IIFL is totally unreliable of the lot.
Why not angel they too provide lifetime demat account?
I have IIFL demat, I do not hav any complaints, remember even if you open with Angel always open in a branch, not in a franchisee or sub broker. I do not know about Angel hence suggested IIFL, it is upto you
 
I have IIFL demat, I do not hav any complaints, remember even if you open with Angel always open in a branch, not in a franchisee or sub broker. I do not know about Angel hence suggested IIFL, it is upto you
ok ok just wanted to know reason for suggesting IIFL,its good to hear you have not had any problem with demat account with them.
Suggetion from other member and if we can have comparison for various demat account it will be good discussion.
We have thoroughly s=discussed various discount brokers but none of these broker have there own DP except Tradesmart so thats why question comes which DP is best with least charges and good reliability because if you are having stocks/ncds/bonds in demat for long term then quetion of safety,reliability,cost etc arises.