Hi friends,
I am an investor since 3-4 yrs. Now I want to invest and trade with a sum of 30-40Lakh rupees. So in this regard I need ur valuable guidance about broker and technology.
Currently I have online accounts with ICICDirect and Kotak. Kotak gives me 0.03 and 0.30 for Intraday and Delivery respectively with 5 lakhs initial deposit.In overall I am satisfied with kotak except the order execution speed, which is bit slow thru their KEAT Premium software.
So to for abovesaid 30-40 L amount, I will prefer a speed and facility just like brokers execute on their terminal. I have seen some online brokers and their terminals connected to Vsat. The realtime data feed and order execution is amazing.
So please guide me, what should I choose. VSAT or internet.
Is there any faster option or software from any broker to run thru internet which can run like a broker's terminal or VSAT is the only way to get that speed ?
Please note, my internet connection speed is 2MBPS which is more than sufficient for such data feeds. Only problem I face due to the slow server response at broker's end.
I guess, many of our seasoned traders here can give me their guidances as this is a problem which every one face at some point of time and it matters more when we play with some lakhs.
If VSAT is the only way what I want, then what would be the initial setup coast and recurring expenses? Whom to contact for a best deal?
Thanks.
I am an investor since 3-4 yrs. Now I want to invest and trade with a sum of 30-40Lakh rupees. So in this regard I need ur valuable guidance about broker and technology.
Currently I have online accounts with ICICDirect and Kotak. Kotak gives me 0.03 and 0.30 for Intraday and Delivery respectively with 5 lakhs initial deposit.In overall I am satisfied with kotak except the order execution speed, which is bit slow thru their KEAT Premium software.
So to for abovesaid 30-40 L amount, I will prefer a speed and facility just like brokers execute on their terminal. I have seen some online brokers and their terminals connected to Vsat. The realtime data feed and order execution is amazing.
So please guide me, what should I choose. VSAT or internet.
Is there any faster option or software from any broker to run thru internet which can run like a broker's terminal or VSAT is the only way to get that speed ?
Please note, my internet connection speed is 2MBPS which is more than sufficient for such data feeds. Only problem I face due to the slow server response at broker's end.
I guess, many of our seasoned traders here can give me their guidances as this is a problem which every one face at some point of time and it matters more when we play with some lakhs.
If VSAT is the only way what I want, then what would be the initial setup coast and recurring expenses? Whom to contact for a best deal?
Thanks.