Safe Broker for Portfolio Size 10 to 20 lacs

Prataap_2013

Well-Known Member
#21
HDFCsec is safe ....But brokarage is very high. For 10k transaction u have to spend 140 rupess approx brokarage and tax . ICICI charge is more than this.
HDFC Securities found a new way to make money by luring traders and investors: ENCASH facility

HDFC Securities brings you the facility of ENCASH which allows your sale proceeds to get credited to your bank account on the same trade date. The funds will be credited on the same day as against the normal sell trade & T+2 settlement.

At present only offered on scrips listed in the CNX 200 index of the BSE. "Encash" option will show in sell orders alongwith cash/intraday/etc.

Extra charge of 0.2% over and above normal brokerage. NRIs cannot use encash facility.