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| Discuss ICICI or HDFC at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, I would like to open a demat account and need inputs to decide between ... |
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#1
17th March 2006, 02:51 PM
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ICICI or HDFC
Hi,
I would like to open a demat account and need inputs to decide between ICICI and HDFC. Could someone provide me the details of HDFC demat acount like: 1) How fast is the online account, during trade timing? 2) How quick the market prices are reflected? 3) How quick the orders(buy/sell) are sent to the exchange? 4) Do they give the best 5 offers for an equity, like the one in ICICI? 5) How prompt in settling transactions? Other pros and cons... Simply, Is it worth to open demat account with hdfc or go with the master "ICICI" ? The following are the info that I gathered: ICICI HDFC Opening charges 750 350 Yearly rent 500 350 Brokerage(Inter) 0.75% 0.50% Brokerage(Intra) 0.10% 0.15% Thanks in advance  Prashanth 
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#2
20th March 2006, 07:34 AM
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Re: ICICI or HDFC
From question, it looks like you want to open online trading account (not just demat account)
I think HDFC rates are one year old HDFC chares 799 for A/c opening for online trading HDFC Demat maintenance - 500 P.A HDFC Brokerage - 0.50% + Demat charges (where ICICI Demat charges included in brokerage)
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#3
20th March 2006, 08:38 PM
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Re: ICICI or HDFC
Hi..
After lot of considerations and surfing on this forum I came to the conclusion that ICICI is too full of members and is not very eager to enrol though they do not say know..so for small,amateur investors it is frustrating. I have been using HDFC since Oct,2005 and find them quite ok. Have had no specific problem. You can open a 3-in-1 account. As far as speed is concerned, I have never had a problem as I don't do intraday. Perhaps for intraday it will be slow. For intraday I have enrolled with Sharekhan Regards
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#4
11th October 2007, 10:13 AM
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Re: ICICI or HDFC
Quote:
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