ICICI Active trader

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

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)

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

Better Than ICICI Direct for Margin Trading

I found ICICI direct good in the following things: Reliability, Speed of order exection, very less margin amount, around 400 stocks available for margin trading.

But the only problem is the brokerage cost. It is around 0.05% for buying and 0.05% for selling.
So if I trade intraday for 1 lakh, I will have to shell out around 160rs(both buy and sell including taxes) for brokerage.

Is there any reliable brokerage house like share khan, indiabulls, 5paise, geojit which charge less brokerage for margin trading.
Also provide details regarding margin amount, speed of order execution, reliability, no of stocks available for margin trading, auto squareoff.

Re: ICICI or HDFC

Can u Please explain about intraday? Is it day trading? Means :- You purchase and sell your share same day?

Any feedback on Active Trader ?

It seems min. amount now is 5 lakhs.

Are they offering a lower brokerage charge ?

For ICICI DEMAT ACCOUNT

HI There,

For the one who wish to have ICICIDIRECT DMAT A/C Please Contact.

9912099728. We will come to your place and give the services..

Thanks and regards,
Ravi

Re: For ICICI DEMAT ACCOUNT

Hi Ravi

I am looking to take ICICI a;c ..

pls call me on 9963298663

regrds

For ICICI DMAT A/C

Hi there

For ICICI DMAT A/C; Contact: 9912099728

Re: For ICICI DMAT A/C

and i hope we will get in an year