Your Online Broker

[bangerabs]

My experience shows that different broking houses have different methods of trading and accounting system. I have had experience with several online brokers. But my finding is that so far as trading software or their other methods of accounting etc are concerned, Sharekhan is Leader. Unfortunately, their brokerage is higher and also they have fixed minimum brokerage per trade. This discourages small investors as brokerage makes a different in the earnings of small investors.

 

[tintin8801]

for small investers like me who do not want to play daily, which 1 is the best.....? is icici ok? as i will be doing mostly in the evening , when the market is off!......i am new, pls help
will invest total around 50,000(max).....
please sugest.

 

[ash.investor]

Hi All,

Its so good to read the experience of traders about brokerage firms.

I am not a day trader but I trade in Equities market in delivery basis.
I trade through HDFC sec. My experience with them is OK. Brokerage for delivery is 0.5% and that for daytrading is 0.1% They do not provide any leverage. If you have trading account, demat account and saving account all three with HDFC, then the funds transfer is comparatively faster than other brokers. I trade mostly through phone and is pretty OK. When the market starts I am not able to conncet them for half an hour. I have not understood their calculation on demat charges yet.

I would overall rate HDFC Sec 6/10

Regards,
a$h.investor

 

[ramkumar84]

HI ALL
is there any offer(providing loan thru yes bank) provided by indiabulls for "SHOBHA IPO"
pls clarify

 

[tintin8801]

i have registered with india bulls, but still now(post 24hrs).......they have not responded!!.......share khan and icici have responded!..........is the service of india bulls good?

 

[rickyric_ny]

dear members of traderji,

i think indiabulls is the best in the industry. In ICICI if u dont login u cannot trade. but whereas in Indiabulls there are 2 options. one offline & another online i.e., u can place orders over phone also with no cost. And a relationship manager will take care of u. i.e., one particular person through u can get the problem solved, if any. they charge u less brokerage and give more exposure, 6 times for intraday and 3 times for deliery(for 350+ scrips). They have BTST facility, funding on all major companies with a nominal interest. Only drawback is they dont have BSE online, u can place orders in BSE over phone, but they are including that also in the coming week. In screen u can watch 20 company scrips at a time where updation is automatic no need to refresh everytime. and main thing is squaring up of intraday positions is at 3:10 pm.

If anybody want more detils they can contact me at anytime on my mobile 09341953277

thank you

bye

PLEASE DON'T RECOMMEND THOSE IDIOTS & MONEY LEECHERS. SOME OF OUR MEMBERS HAD BAD EXPERIENCE WITH THEM.

In india bulls, they give tips for intraday via their so called RELATIONSHIP MANAGERS just scripts which will have Rs.2-3 hike and ask us to buy in huge volumes (so that they get more brokerage). And if we not trade for 2-3 days and trade after they purposely with the help of their so called relationship manager's they recommend scripts which has a loss of Rs.5 - 6.

PLEASE DON'T RECOMMEND THOSE IDIOTS & MONEY LEECHERS. SOME OF OUR MEMBERS HAD BAD EXPERIENCE WITH THEM.

 

[trader31339]

Ricky,
relation ship managers gives tips but its not obligatory on your part to follow them.
Almost all RMs at almost broking house practise same, they give tips for volume , this is for what they are paid. They are master in motivating u to trade unlimited for high volumes. U must know and learn how to deal with them. Just as we learn how to deal life post marraige how to adjust things how to make things as per our wish.

If your RM gives u tips just tell him , I dont want any tips and dont call me for the same. Develp the courage and art to say NO. Its easy to say YES but it requires an ART and Courage to say NO take me granted for this.

Just tell ur RM that u do ur own reasarch dont follow other advice, tell him that u trade as per ur analysis without anybody poking his nose

There are many ways by which you can climb on ur RM and have upper position

 

[bangerabs]

I have been observing for several years about the so called 'TIPS'. These are just fooling 'TIPS'. My simple question is why are so generous too motivate others to make money?. Why not they create wealth for themselves?. I suggest, we should have our own decision. We need not be motivated by others and loose money to them.

 

[onlinetrader111]

JV CAPITAL (WWW.JVFINANCIAL.COM) gives odin which is the fastest software and their speed is almost same as leased line as i have tried it. they give their very good calls online before giving free on their newsletter ! so better to open account. service response time very fast. not cheapest but worth it for their calls and software which is free !!

 

[jerro]

Sharekhan is doing very well . They are giving good service also .....