Reviews on Angel Broking and Religare!!

rajeshrdm · #**141** 16th November 2008, 07:42 PM

Quote:

Originally Posted by addadutta

I have recently opened a trading account with Religare with R-acelite platform.

Customer service is pathetic. Right from the first day, I have problem, as the bank is not connected to trading account and also the session expires within 2 minutes ( so I have to re-logon).

I called up customer service and have to make STD call from Bangalore to Delihi for 25 minutes. I have transferred to 4 different customer service representatives to whom I have to repeat the issue from scratch every time. Too much compartmentalized and everybody is doing his part, but no resolution to the problem. The issue is still to be resolved.

When I wrote email to their helpdesk, same issue. Religare Customer Service informed that Bank account is connected to trading account as per their record, so everything is OK from their side. But in reality, I cannot see my account balance.

So I advice based on my experience that do not go for Religare online trading platform.

I have an Indiabulls trading account for last 7 years. though they are a bit slow in CS related response, but the reliablity of their trading screen is much better and stable.

I was impressed by Religare brand name, but now I am totally dishreatened and would prefer to close the account down.

Addadutta

Do they provide intraday candlestick charts?

jimross · #**142** 22nd November 2008, 01:25 PM

please can anyone provide the following details about angel
cash intra brokerage
cash delivery brokerage
futures brokerage
options brokerage
account opening fee
software fee
yearly maintenance fee
thanks.

hotguy_nextdoor · #**143** 22nd November 2008, 04:27 PM

1) Account Opening - Only Trading A/c - For each Market, Angel charges 100 bucks. For ex : BSE - Rs. 100/-, MCX - Rs. 100/- etc.,

If you want to open Demat - charges are separate.

I linked my existing Demat with another broker to Angel account

2) Don't think they charge for Software.

3) Brokerage - Depending on exposure - You can negotiate

4) Also You can negotiate for NIL yearly maintenance.

Happy, Safe & Profitable trading

jimross · #**144** 22nd November 2008, 05:34 PM

Quote:

Originally Posted by hotguy_nextdoor

1) Account Opening - Only Trading A/c - For each Market, Angel charges 100 bucks. For ex : BSE - Rs. 100/-, MCX - Rs. 100/- etc.,

If you want to open Demat - charges are separate.

I linked my existing Demat with another broker to Angel account

2) Don't think they charge for Software.

3) Brokerage - Depending on exposure - You can negotiate

4) Also You can negotiate for NIL yearly maintenance.

Happy, Safe & Profitable trading

thanks what is the minimum options brokerage they charge?

hotguy_nextdoor · #**145** 22nd November 2008, 11:52 PM

Though, I do not trade in Options, heard they charge min of 50 and Max of 500 per transaction. Its based on some calculation

santoshkj · #**146** 11th December 2008, 08:42 AM

Seeing lvgandhi i feel the brokerages are very less compared to india infoline.
India Info charges .30 and 0.03 for intraday

hotguy_nextdoor · #**147** 12th December 2008, 09:35 PM

santoshkj,

infoline ---- Intraday .03 one side or both sides

pra · #**148** 12th December 2008, 10:52 PM

Dear friends

Terminal quality of INdia infoline very bad not helpful for day trading .before taking any decession remember it.

thanks

pra

yudhajeet · #**149** 24th December 2008, 03:23 PM

Hi,
I have a few queries. I am a customer of ICICIDirect and have a 3 in 1 account with them, the demat account where I have all my stocks delivered. Am planning to shift to Angel Broking. Now, Is there a possibility that I close only my trading account in ICICIDirect and continue using my demat and savings account, and integrate them with Angel Trade?

If so, what are the charges I would be facing finally?
1. Demat charges (annually) from ICICI?
2. AMC charges from Angel?
3. What is the timefrmae within which shares are transferred to DP accounts and cash is paid out/paid in from Angel Account?
4. What are the brokerage charges for Angel?
5. Any fine print readings I should be aware of in terms of Angel?

Are there any account opening charges?
The sales representative from Angel asked me to give a cheque to him. Do I need to keep a minimum margin amount in the Angel account or can it be zero?

Quote:

Originally Posted by hotguy_nextdoor

1) Account Opening - Only Trading A/c - For each Market, Angel charges 100 bucks. For ex : BSE - Rs. 100/-, MCX - Rs. 100/- etc.,

If you want to open Demat - charges are separate.

I linked my existing Demat with another broker to Angel account

2) Don't think they charge for Software.

3) Brokerage - Depending on exposure - You can negotiate

4) Also You can negotiate for NIL yearly maintenance.

Happy, Safe & Profitable trading

lvgandhi · #**150** 24th December 2008, 03:36 PM

Quote:

Originally Posted by yudhajeet

Hi,
I have a few queries. I am a customer of ICICIDirect and have a 3 in 1 account with them, the demat account where I have all my stocks delivered. Am planning to shift to Angel Broking. Now, Is there a possibility that I close only my trading account in ICICIDirect and continue using my demat and savings account, and integrate them with Angel Trade?

If so, what are the charges I would be facing finally?
1. Demat charges (annually) from ICICI?
2. AMC charges from Angel?
3. What is the timefrmae within which shares are transferred to DP accounts and cash is paid out/paid in from Angel Account?
4. What are the brokerage charges for Angel?
5. Any fine print readings I should be aware of in terms of Angel?

Are there any account opening charges?
The sales representative from Angel asked me to give a cheque to him. Do I need to keep a minimum margin amount in the Angel account or can it be zero?

Except bank account, you close both trading and demat account with icici. You can transfer all equity holdings from one demat to another. But if you have mutual funds, I don't know what to do? Regarding demat transfer, It may take around two weeks. Brokerage depend upon your turnover and bargain.

View Poll Results: Best broker for trading?
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Sharekhan	4	16.00%
Indiabulls	4	16.00%
india infoline(5 paisa)	4	16.00%
HDFC	1	4.00%
Motilal Oswal	2	8.00%
Others	6	24.00%
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