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| Discuss Free Demat A/c ??? at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Friends, Is there any brokerage who is offering free demat a/c. That is zero maintenance ... |
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#2
27th March 2007, 11:29 PM
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Re: Free Demat A/c ???
Quote:
I was somewhat surprised by your question. Almost all online brokers who have demat facility do offer Demat acct as free of maintaince charges (charges may be levied for transactions), when you opt for their trading account. Nobody offers a standalone demat account for free. Stumper. 
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#4
31st March 2007, 04:49 PM
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Re: Free Demat A/c ???
Quote:
As i mentioned, by default if you opt for a standalone DEMAT account, you need to pay up the annual maintainance charges. I'm now not sure about ICICI or Kotak (since you have mentioned that neither is offering you a free demat account with their respective trading account). I belive Reliance, and Religare offers free Demat account if you open a trading account with them. Regards , Stumper
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#6
30th April 2007, 06:30 PM
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Re: Free Demat A/c ???
Hi,
Few days back came across an ad about free demat account(offer till May5th,2007) from Bajaj capital called "JustTrade". I donot know much about trading, but would like to get more information about this free demat account and their charges, limitations when compared to other players (ICICI, Rtrade, etc)... regards, Srinivas
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#7
30th April 2007, 08:40 PM
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Re: Free Demat A/c ???
So far I know, Religare and IndiaInfoline are offering free DMAT account i.e they are not charging Annual Maintenance Charge. How they are affording so may be understood by the user of those brokerage house. But, ICICI Direct and Kotak Securities, two famous online trading house do not provide such free DMAT facility inspite having trading account with them.
But, if you trade with full proof strategy, why bother about such charges. Also, it is desirable to trade as minimum as possible. Pl go through this link and offer your views and enrich this bloger. http://aloksarkar.blogspot.com 
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