Dear friends
I need your view / opinions / advice on the following matter :
I have recently met with an offline broker , he is a subbroker attached with a reputed main broker. He will charge me 5paisa for trading , 50 paisa for delivery and 100Rs for options. I will have to call him for placing orders, no online trading.
I can trade , place orders without adequate balance in my account. I have to pay him next day , ie, chq must be given to him next day. So if I want to buy 100 RIL shares I can order him even my balance is zero , however i have to make him payment next day. I can buy options of 10000Rs with only 5000 Rs in my account , the balance has to be given within 7 days , ( 7 days credit)
The guy is too prompt in picking my fone , as soon as I call him he attends my call and punched the order ,also he is the freind of my freind so some relation also with him.
I have account with indiabulls also , they charge lower brokerage than him , online + offline trading , however , I need to have balanmce in my account , also offline trading is not hassle free , RMs dont attend call promptly , also no credit is given , not even for a single day , for options i need full premium amount in my account .
please help me in deciding with which account I should trade : the offline account or online account .
I am very confused and unable to decide and so thjought lets take help pf my netpals,
I need your view / opinions / advice on the following matter :
I have recently met with an offline broker , he is a subbroker attached with a reputed main broker. He will charge me 5paisa for trading , 50 paisa for delivery and 100Rs for options. I will have to call him for placing orders, no online trading.
I can trade , place orders without adequate balance in my account. I have to pay him next day , ie, chq must be given to him next day. So if I want to buy 100 RIL shares I can order him even my balance is zero , however i have to make him payment next day. I can buy options of 10000Rs with only 5000 Rs in my account , the balance has to be given within 7 days , ( 7 days credit)
The guy is too prompt in picking my fone , as soon as I call him he attends my call and punched the order ,also he is the freind of my freind so some relation also with him.
I have account with indiabulls also , they charge lower brokerage than him , online + offline trading , however , I need to have balanmce in my account , also offline trading is not hassle free , RMs dont attend call promptly , also no credit is given , not even for a single day , for options i need full premium amount in my account .
please help me in deciding with which account I should trade : the offline account or online account .
I am very confused and unable to decide and so thjought lets take help pf my netpals,