Where Should I go with? RelianceMoney or ShareKhan???

#2
Hi ,

This is my first post.....Im nt a very experienced trader however I have done quite some research as far as Broker Terminals are concerned.

I dont have a Reliance Money Accnt hence it is nt reasonable to comment on it.
As far as ShareKhan is concerned ....if u look at their site....that itself is Comprehensive.

They have an AIO accnt and the same site (Www.sharekhan.com) thru which U can Trade in F&O ,Commodities , IPO ...MF and so on.

Sharekhan has a format of sending a daily Pre and Post market report for Analysis purpose . There Stock Ideas are sent after quite a handsome and thorogh research .
I trust there detailed analysis and reports.


On the downside ...there Portfolio Presentation is nt very effective as it just gives u basic idea of ur Holdings ( thats the reason i have started using moneycontrols portfolio manager which suffices my purpose). There call centres are damn busy especially during tradng hours ...hence reaching an agent anytime before 15-20 mins is blessing for that day.However U can approach em thru email and chat which surprisingly is more effective and less frustrating than sticking the Handpiece to ur sweaty ear.

Their site is quite reliable for online trading which is nt the case with many other reputed brokers but does seem to give problems during the wee hours like after 11:00 in the night and so on.
There brokerage is 0.1 % for intraday and 0.5% for normal trading which is quite a norm.


I wud switch to another broker only if the online trading is more efficient and has no downtime.

Overall I giv e sharekhan 3/5 .

Anyone who wud like to elaborate on reliance money.....we will be glad to hear.
 

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