Suggest a broking house to open a demat/trading A/c

[nac]

Hi!

I am residing in chennai. I need advise from experts in this forum. I do mainly Intraday trading.
I have asked many people about this, i am getting different opinions from each and every one and i have read some threads here and opinions from the members of traderji forum also differs.
Here are the things i get responded.
Indiabulls have a good trading platform but traders can't trade some stocks.
And few says indiabulls is not doing good.
Few says sharekhan and indiainfoline are doing good but here in this forum i read that indiainfoline won't respond to our enquiries or complaints
And not much talk about sharekhan
When comparing PIB from indiabulls other softwares from motila, sharekhan may be not upto the mark. I feel that their softwares seems to be good
And i have not seen much about Religare here. I dont know why?
ICICI and kotak's brokerage are so high. And one member said that sharekhan too charges same as kotak. I dont know whether he is right or not...
Does sharekhan charges for their software??? upto my knowledge motilal is not charging.
Please help me by giving ur own opinion....

 

[AK1229]

are u into online trading or phone line etc?

 

[nac]

are u into online trading or phone line etc?

online trading.

 

[santo]

Dear nac...
My suggestion are try india bulls and reliancemoney.Since intra day is your priority reliance money s low brokerage is very cost saving.But they have some problems like sometimes the order status is shown as under process for an unusually longer time. also some times the site does not open up.I have made a post citing this problem in this forum but not many replies.So i think the problems are limited to some areas.
All said and done,there is no perfect broker so far.also personal preferances play big role.
The only way is try them yourself.My suggestion is go for indiabulls and reliancemoney together and divide your capital into both...
regards...
santo...

 

[bamks]

Santo has given a good advice. go for indiabulls. i do not know about reliance money. pib allows intra in all stocks but not margin if i am not wrong. if they do not allow in certain shares then it is better because they have researched out the stocks with high risk. better not to trade those stocks.

bam

 

[kush soni]

I can suggest you Unicon will also be a good option....

 

[santo]

Indiabulls And Reliance Money Have Both Unprofessional And Unethical Policies I Suggest 5paisa .

The Ttadv Software Is Very Effecient Where U Can Switch Between Online And Offline Trading Any Time
And Even If U Choose Offline The Trades,orders, Net Positions For Any Trade The Rm Undertakes For U .. U Can See It Online

Brokerage Can Go As Low From 0.3-0.15%(delivery) Depending On Volume
And Intra 0.05% Oneway

ARE YOU IN SOMEWAY ASSOCIATED WITH THE MARKETING OF 5PAISA?
DIG INTO THE TRADERJI POSTS AND YOU WONT COME ACROSS MANY WHO APPRECIATE 5PAISA.THERE ARE COMPLAINTS ABOUT ALMOST EVERY BROKER,BUT STILL INDIABULLS SEEM TO BE THE MOST PREFERED.
THERE COULD BE SOME UNPROFESSIONAL ISSUES WITH RELIANCE MONEY AND INDIABULLS,BUT PLEASE POINT OUT WHAT IS UNETHICAL WITH THEM...
SANTO...

 

[AK1229]

Looks Like Ur More Associated With The Marketing Of Indiabulls..no Offence
Neway My Friends Had Worked With Indiabulls And I Had An Account With Them So I Know Better The Way It Goes Around Out There!

But Every One Is Entitled To Their Opinion So I Think We Should Leave It At Here

Cheers!

 

[AK1229]

On Ethics Btw I Was Just Referring To The Time They Were Banned From Buying And Selling With Respect To The Demat Scam

 

[santo]

Indiabulls were banned for their propreitary account not for individual account holders and reliancemoney was not banned at all. I advice readers on this forum to left click on the name of the poster and go through the options there ( view all posts,visit his home page etc).You will understand if any member is posting here just to promote something.
santo...