Hello All,
I started investing and trading around 1 year back. I have opened account with 5 paisa, Ventura , Motilal Oswal and Sharekhan. I can give my feedback on all of these in the below mentioned points:
1. Brokerage: Motilal highest(40 paisa and 4 paisa) , Sharekhan Lowest ( 20 paisa and 2 paisa). Even though Ventura offers further lower brokerage but with their pre paid plans. In sharekhan I got with any pre paid plan.In the options segment though I am charged from sharekhan at 60 Rs/los of .5% which ever is higher.
2. Software: software of Ventural ( pointer) 5 paisa(tt) and Sharekhan( trade tiger) are equally good, where pointer and trade tiger are the best.
3. Customer Service: for all the brokerage house customer service is Ok ( not very good , not very bad)
4. Trading Calls: trading calls of 5 paisa are comparitively good. But my broker of Sharekhan,where I mainly trade provides me some out side calls which are really good with hit ratio of arnd 85-90 %
5. Dial and Trade: 5 paisa was the quickest, sharekhan is worst( as you need to wait a lot if you dial their toll free), but then I trade in software and sometimes calling my broker, so its ok for me.
thats it. so you can now take your own call. For me finally I have decided to trade with Sharekhan, though there are some cons but they can be ignored.
Happy Trading.