Best e-Trading account in India

Hi All,

I m in Japan & wanted to open an e-trading a/c to trade in India with best brokerage house.
Please let me know how can I apply to open trading a/c in India.

I would say motilal oswal is the best still just go through the forum and you'll get in a lot of information on the same...

Hi everyone,
I want to say some thing that Reliance Money is the way to open Trading Account and Dmat account. Just go through the Reliance Money online process.
Its better and fast going process. Through online ask queries and complete process.
Just register into Reliance Money and invest.

After I read ur post I closed all my accounts with 3 brokers, and have approached reliance money for opening account.

Even I want to loose money faster than with other brokers

I have heard the good news that they are the only brokers who have server downtime everyday, thereby making sure I reach my goal of minimisation of my equity faster than with other brokers.

How nice... I even heard than Tina will be personally be handling my account, and I have heard their service is good

Thanks for your advice for approaching reliance money

By the way, how much are they paying you for this?

that was good one ratan... reliance money is pathetic as i have seen you it 'mis'handled my friends account.

Go anyone of kotak securites, motilaloswal etc. they are reputed

my dear friend,

I am online trading account holder with reliancemoney. And believe me i'd never suggest reliancemoney to anyone who wants to open an online trading account. their service sucks and pathetic helpdesk support. even when i login and try to do trade through their website, its so slow even the feeds are so late and slow which is not worthwhile doing online trading....LATENCY is unaffordable. You might be wondering then why am I sticking with them??? I am only doing this since I opened an account and I dont have a choice other than using this account for another year and close this PATHETIC account with RELIANCEMONEY. You cant understand the frustration I have with them, bottom line i'm awfully disappointed with ADAG for thier blindeye and step motherly attitude towards the customer/client base. I have a list of woes against these b*******.
Any request/complaint you make takes a weeks time to be looked into, you cant afford that amount of time.Atleast I cant. Improperly guided support team. They dont have knowledge about most of the things, such as SPEED-E and IDEAS, EASI. I had to tell them about these things over phone. Speaking of telesupport, I just dont have words to describe except PATHETIC.
Awesome isnt it???

Wonder how ADAG is turning a blindeye to this. Their only aim is to reach a target of customer base. Believe me this is true. I applied with them and it took them over a month to allot me an account. I got vexed up with their account and opened with Indbank Merchant Banking Services Ltd. And this entire process of Demat account,Client Login ID and password generation has been done so fast and i was able to do online trading, all within a weeks time. Awesome aint it????

Though I'd suggest others to go for reputed traders such as KotakMahindra, Motilal Oswal, Karvy, Religare etc. I'm sure they must be providing good service compared to Reliancemoney.

India infoline is best or try kotak securities.

Even..i am planning to open account with them....
Kindly provide review of there service...
i am a regular trader...

1. how fast is money transfer
2. brokerage rate
3. other advantages etc....

CITI Report upgrades Motilal Oswal Financial Serv to Buy/Medium Risk (from Sell earlier) based on a) MOFS’ greater retail franchise among domestic brokerages, which positions it well for any revival in retail turnover and b) its relatively cheaper valuations within the sector (trades at 12.8x FY11 P/E, 20-25% discount to peers)
What you guys think?

My personal experience - IndiaInfoline is pathetic - their s/w does not even work!!!

I have used Kotak Securities for the past 4 years and believe me not a single issue to report as to date!

Murali