Hello friends
I am planning to start investing in Stock Markets. I have been going through some knowledge-base articles online (Sharekhan, SBI etc), but few of my initial questions are still unanswered. I am listing my questions bellow do help me out please:
My requirements: A broker who would allow me to buy/sell over phone as I am not intending to do trading full-time. Broker should have good customer service and lower charges. I do not intend to invest a lot at once, rather I am looking for systematic and regular investment. I am not much interest in Day-Trading, rather I would like to take stocks as an investment option giving me a better return than secured investments like a PPF A/C but in shorter period. At present I shall invest in Stocks only, but later I may go for Commodities too- so I need to keep my options open.
1. I know I need a DEMAT A/C and a Trading account. But which broker should be most useful for me keeping in mind my requirements?
2. What are the Charges that a Brokerage farm charges a client or as a client I shall be liable to pay apart from Demat A/C opening charges, Demat A/C AMC, Intra-day brokerage charges and Delivery brokerage charges?
3. I received a call from Indiabulls and Asit C Mehta. How good of a broker they are? Can they be depended upon? Does anyone know the details of the charges levied upon the clients by either of the above brokers?
4. Is there anything that I should specifically ask for from my broker before I enter into an agreement to start trading through the company?
5. Is there any DP Charges for either Indiabulls or C Mehta? If yes, how much is it?
Please help.
Thank you
I am planning to start investing in Stock Markets. I have been going through some knowledge-base articles online (Sharekhan, SBI etc), but few of my initial questions are still unanswered. I am listing my questions bellow do help me out please:
My requirements: A broker who would allow me to buy/sell over phone as I am not intending to do trading full-time. Broker should have good customer service and lower charges. I do not intend to invest a lot at once, rather I am looking for systematic and regular investment. I am not much interest in Day-Trading, rather I would like to take stocks as an investment option giving me a better return than secured investments like a PPF A/C but in shorter period. At present I shall invest in Stocks only, but later I may go for Commodities too- so I need to keep my options open.
1. I know I need a DEMAT A/C and a Trading account. But which broker should be most useful for me keeping in mind my requirements?
2. What are the Charges that a Brokerage farm charges a client or as a client I shall be liable to pay apart from Demat A/C opening charges, Demat A/C AMC, Intra-day brokerage charges and Delivery brokerage charges?
3. I received a call from Indiabulls and Asit C Mehta. How good of a broker they are? Can they be depended upon? Does anyone know the details of the charges levied upon the clients by either of the above brokers?
4. Is there anything that I should specifically ask for from my broker before I enter into an agreement to start trading through the company?
5. Is there any DP Charges for either Indiabulls or C Mehta? If yes, how much is it?
Please help.
Thank you
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