uti securities

hello all
is anyone trading through uti securities.whats your experience.
pl share with me.

few weeks back i heard the psu banks sbi with motilaloswal and
iob with man investments will start online trading facility is it true.
advance thanks.

dear

yes its true.

have a nice day
JB

thanks for your information.
will you please give me the web site .

dear

http://sbi.mybroker.motilaloswal.com/stocks/jsp/sbiuser/getstarted.htm

is the link.


have a nice day
JB

I'm using www.usectrade.com for 2-3 months. This site is good .However there is no support.YOU have to try and understand it's features. Also there are no intraday charts. Order execution is fast and transperent.However i feel other sites like indiabulls,motilala oswal etc offering more features.

Hello rajeshrdm,

Could you kindly provide more information on UTI Securities like

1. brokerage charged for intraday and delivery (one side)
2. Number of times of exposure given on cash deposit for intraday
3. For intraday do they squareup positions by 3 p.m. or even earlier
4. Are the price quotes updated in real time basis
5. Any other point that you may would like to share

Regards

Saji

1)For brokerage please refer to the link http://www.contentlinks.asiancerc.com/utisecurities/fee_schedule.asp
I am trading 3-4 times a day and max. Rs 25-30 they are deducting from my account.
2)Exposure is 4 times the cash.
3)Intraday sq.up positions 3:10 P.M.
4)Price quotes are real time. i.e.suppose if you place limit buy order at Rs 310 it gets executed as soon as offer price touches RS 310.
5)However I think there are no short cut keys and also no charts.
6) Also you get zero balance facility for UTI BANK SAVINGS ACCOUNT.
7)Fund transfer is instant with uti , icici and two more banks.

any idea about which are those 2 banks? Is HDFC one of them?

I checked again .There are actually five banks from which you can transfer funds either way during market hours and it is instant.These banks are
1)UTI BANK
2)ICICI BANK
3)IDBI BANK
4)HDFC BANK
5)CITI BANK

Thanks for the confirmation. It's really helpful.