help regarding demat opening >>>>

[sam_demo]

Hello all,

I am very confiused as I am new to demat opening
I dont know which service I should opt..

sharekhan, hdfc, reliance money or Icici....

please help me regarding this and please let me knw the low brokerage charges...

thanks

 

[out4fun2]

How about State Bank of India for Local A/c, Demat and Online Trading? Thx

 

[VISHRATNA]

Try Contacting Kotak Securities they have a very good network and have been the best broker for the last three years i have been using their online and offline account and found them very good no hidden charges and crystal clear research and advice try or let me know i will have their team call you and help you out, they also accept demat accounts of your bank also

 

[bunny]

Don't go with any BANKS for trading. Rather trade with a entity whose primary business is brokerage.

I am using Sharekhan and will recommend it to you too, especially if you need good charts.

 

[bunny]

Also, open your demat at the same place where you will trade. Don't open a demat account in bank and a trading account with sharekhan. If done so, you will have to issue directions to your DP (depository participant) to release shares everytime you want to sell. There are some other rawbacks of this as well, such as broker will require all the money beforehand buying the shares.

 

[out4fun2]

Don't go with any BANKS for trading. Rather trade with a entity whose primary business is brokerage.

Also, open your demat at the same place where you will trade.

Thank you for this wonderful advice. I am looking towards Angel Broking now as my Uncle says he has an account with them and he's pretty satisfied with them.

I am absolutely NEW to share trading but extremely interested to jump in!

Thank you again.