Feedback abt. online brokerages religare, 5paisa, hdfc, etc?

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  #1  
Old 13th January 2008, 12:33 PM
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vsram77 is on a distinguished road
Post Feedback abt. online brokerages religare, 5paisa, hdfc, etc?



Hi,
I'm planning to open a stock trading / DP account for invest-and-hold type of investing (few trades per month)

Could you suggest which one I should go for?

Here's what I found so far:
(approximate amounts)
HDFC: 0.5% delivery based stock trading brokerage
Onetime:Rs700 + 500
Yearly AMC for DP=Rs 500
software: FREE webbased (from demo, it seems a clean interface but may lack powerful features)

RELIgare: 0.5% delivery based stock trading brokerage
Onetime:Rs 600
Yearly AMC for DP=Nothing!!! (is it true?)
software: onetime rs 1800
install their terminal s/w. seems powerful

i already am using geojit's silver platform. it is good, but the web based software is not great. can't even create a watchlist of a few stocks in their silver pkg.
their charges are reasonable.
0.3% brokerage, Rs 250 DP AMC

the new acct. is for my father.

from above, I'm inclined towards RELIGARE, but would like to ask the wisdom of this community.

thanks very much,
sriram
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  #2  
Old 15th January 2008, 10:56 PM
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Join Date: May 2006
Location: Bangalore
Posts: 914
bvpraveen is on a distinguished road
Default Re: feedback abt. online brokerages religare, 5paisa, hdfc, etc?

You should browse through the "Brokers and Demat Matters" subforum: http://www.traderji.com/brokers-demat-matters/
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  #3  
Old 18th January 2008, 08:27 PM
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Join Date: Dec 2007
Posts: 55
nayagam is on a distinguished road
Default Re: feedback abt. online brokerages religare, 5paisa, hdfc, etc?

Hi Vsram77,

Iam Also Interest To Open An Online Account In Geojit (silver Package).
How Is It Work. How Many Live Quotes Can We See At A Time. And How Is The Refreshing Rate. How Is Their Service.

Pls Share Ur Experience Briefly.
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