Online trading: Geojit Vs Indiabulls

gvnarendra · #51 2nd January 2006, 08:52 AM

Quote:

Originally Posted by vince

Money is supposed to be credited your account within 24 hrs. However a peculiar problem fraced by some of my friends was the money took over a week to be credited to their account and the excuse given was that there was a difference in name as appearing on their cheque and in the bank records (Same excuse given for 4 diferent people). Has anyone in this forum faced a similar problem.

I suggest that you withdraw funds just to check what happens.

Incase you face a similar problem do post back and let us know.

Its high time Indiabulls spruced up their act and stopped giving their clients a load of bull...

I had also faced the same problem in my joint account in HDFC bank with my wife. Whenever I give instruction to transfer funds from IB to our account from my wifes trading account net transfering was not happening. IB had sent a checque for the amount after a weeks time. On enquiry it was found that one spelling mistake was there in my wifes name which was not tallying with HDFC bank account. After making it correct the net tranfering is happening. Whenever I give instruction to transfer it is happening within 24 hours.
gvnarendra

vince · #52 2nd January 2006, 10:10 AM

Too many coincidences for comfort. I hope someone can throw light on these name mismatches by Indiabulls.

Kandhan · #53 27th January 2006, 02:52 PM

Hi, is it possible to apply for IPOs online through Geojit? if yes, how it works. Could somebody throw some light on that? Request Geojit customers to share your experience on that. I am thinking of opening a trading account with HDFC sec since they are planning to provide that facility.

geeone · #54 28th January 2006, 08:39 PM

Quote:

Originally Posted by Kandhan

Hi, is it possible to apply for IPOs online through Geojit? if yes, how it works. Could somebody throw some light on that? Request Geojit customers to share your experience on that. I am thinking of opening a trading account with HDFC sec since they are planning to provide that facility.

I am using online ipo application on icicidirect, as far as my experience says, it is good, I have never used any other for long time. Actually I think they are the first to start it.

rajneesh_mailbox · #55 2nd February 2006, 10:34 PM

hi,
but overall brokerage including all charges like stamp duty,stt, servicetax, & other comes around 0.485 w.is there any broker who offers better charge. since trading at these rates is costly.
help
rajneesh

beginner_av · #56 4th February 2006, 10:10 AM

Hi all here are some tips to trade o IB.

1. Never use margn funding unless absolutely necessary. If you take, keep checking the exposure link as positions are settled daily. So it will keep changing.
2. DO NOT LISTEN TO TIPS from RMs of IBs. Just for fun, I used a lil amt of money to go exactly opposite the RMs reco, and made some money. This does not imply anything, but the results are fun. NOTE: I used my judgement too. NEVER DO DAYTRADES WITH THE TARGETS the RMs keep sending. I told them not to send any messeges to me.
3. Click on IFSL link and combined net portfolio to see your entire portfolio. Click on combined account summary here to see your position.
4. DO NOT OVERTRADE. MARGIN IS NOT THE SAME AS CAPITAL> YOU WILL BLOW UP irrespective of Indiabulls or others.
5. Use HDFC Bank A/c. Transferring money is a hasslefree affair. With Geojit use UTI Bank for the same. (Note in ICICI, you can transfer money back instantly. But here you will take 2 days for online transferring back too.
6. IFSL is no more directly funding you. So u should get a simple statement in future.
7. Keep checking your tradebook to see if any trades have happened w/o your knowledge. They cant hide that.
8.PowerIB is one of the best software available today in the market. Make full use of it.
9. ALways place LIMIT orders. Else it takes quite some time to execute. You feel someone is taking positions against your order (though IB claims they dont do proprietory trading)
10. Brokerage is one of the best in the industry.
11. RMs are one of the crapiest in the industry. Complain about them and get them changed if required.

I CANNOT COMMENT ON THE FINANCIAL HEALTH OF THE COMPANY. I CAN ONLY TALK ABOUT THE TECHNICAL ISSUES THAT I ALSO FACED INITIALLY AND NOW SORTED MOST OF THEM.

pooja_salve · #57 7th June 2006, 07:12 PM

hello

please can u give me telephone number of geojit commodities, any branch in mumbai.

it is very urgent

thank u

pooja

jdm · #58 7th June 2006, 10:17 PM

Quote:

Originally Posted by pooja_salve

hello

please can u give me telephone number of geojit commodities, any branch in mumbai.

it is very urgent

thank u

pooja

go the their site and choose from the options.

http://www.geojit.com/services/branches.asp?index=0&a=7&stat=Maharashtra

yartushar · #59 1st August 2006, 02:04 PM

i am using geojit past 2 months. They are best in their business. their brokerage rates is too low as compare to other brokers. (.03 for intra-day and .3 for delivery).

josephthannickel · #60 26th August 2006, 10:37 AM

Hello,
My advise for you is go for indiabuls securities compared to geojit ,
The following are the added advantages you will get registering through indiabulls.
1, Best inline trading software in asia [ no need of refrsing the date ,but all the other software we have to do.]
2, Brokerage reduction possible from .5 to .25 depending upon the volumes.
3, No:1 in margin funding
4,. No AMC
5, oN LINE ADVISE.THROUGH MOBILE AS WELLAS YAHOO MESSENGER.

6. ONE RELATIOSHIP MANAGER FOR EVERY 5 CLIENTS.

If u are intrested you can contact through the following address
siju_jtj@yahoo.com
09894650340

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