Hey guys pls help me...

#1
hi guys,

I am new here.....i have read almost all the threads but still couldn't decide which is the best broker.

I have the option to choose between Reliance, India Bulls, Share Khan & Religare.

intially my budget would be 50k though can fetch upto 10 lac depending upon my experiences.

I will interesting in intraday or swing trader.

Thanks a lot
 
#2
Hey,

Currently im using Reliance Money. Im not happy with the service as i faced few problems from past few days. Planning to go for Indiabulls. Reliance Money offers different trading platforms Fast Trade, Insta Trade, Super Trade. In Instatrade frequently username & password to be entered to login as the refresh time is very less. To subscribe Super trade they charge 500 Rs. Quarterly. I faced problem in activating the super trade, error was "Invalid security key" . I Sent mail to customer care complaining the problem to rectify & pass waiver from the date of activation. Customer care will not support for such kind of Issues instead they give local branch numbers to contact. they in turn suggests to send complaints through mail. They took 15 days to revert on this Issue & finally got activated, but i didnt get any waiver for the delay in activation. Sometimes the ledger balance report shows zero even though there is a positive balance. I faced few more problems hence planning to go for Indiabulls.
 

alroyraj

Well-Known Member
#3
Hey,

Currently im using Reliance Money. Im not happy with the service as i faced few problems from past few days. Planning to go for Indiabulls. Reliance Money offers different trading platforms Fast Trade, Insta Trade, Super Trade. In Instatrade frequently username & password to be entered to login as the refresh time is very less. To subscribe Super trade they charge 500 Rs. Quarterly. I faced problem in activating the super trade, error was "Invalid security key" . I Sent mail to customer care complaining the problem to rectify & pass waiver from the date of activation. Customer care will not support for such kind of Issues instead they give local branch numbers to contact. they in turn suggests to send complaints through mail. They took 15 days to revert on this Issue & finally got activated, but i didnt get any waiver for the delay in activation. Sometimes the ledger balance report shows zero even though there is a positive balance. I faced few more problems hence planning to go for Indiabulls.
What rates Indiabulls quoted to you...Revert back...
 
#4
I have/had accounts with ICICI, Kotak, MOSL, Indiabulls, Religare and RKGlobal

For me RKGlobal is by far the best of all. The best thing about them is Low brokerage + transparency. They are the only broker apart from ICICI who clearly let you know in advance about each and every charges. Also there back office rocks, it is very speedy and organized. I can download my contract note after 8 pm the same day. All other broker send it to me next day.
Also they charge 9Rs only per order / lot for F&O
But The issue with RKGlobal is they charge fix software charge per month, so if your turnover is small, it would be costly for you.

Kotak is by far the worst of all. They are thieves they charge you for everything, they have least transparency and there customer service is poorest of all.

Indiabulls, Religare and MOSL are all liars, trust me if the guy who comes to open your account promises you something ......get it in writing. Because I had bad experiences with all of them, they do not value their words.

ICICI is the costliest but I would say most reliable. I love there quick fund transfer from bank to security and back to bank, it is instantaneous if you have an ICICI bank acct. All other brokers take atleast 1 day to give you credit, while they would deduct the amount immediately.
I wish I could have this facility with RKGlobal then it would be best of all world.
 
#5
I have/had accounts with ICICI, Kotak, MOSL, Indiabulls, Religare and RKGlobal

For me RKGlobal is by far the best of all. The best thing about them is Low brokerage + transparency. They are the only broker apart from ICICI who clearly let you know in advance about each and every charges. Also there back office rocks, it is very speedy and organized. I can download my contract note after 8 pm the same day. All other broker send it to me next day.
Also they charge 9Rs only per order / lot for F&O
But The issue with RKGlobal is they charge fix software charge per month, so if your turnover is small, it would be costly for you.

Kotak is by far the worst of all. They are thieves they charge you for everything, they have least transparency and there customer service is poorest of all.

Indiabulls, Religare and MOSL are all liars, trust me if the guy who comes to open your account promises you something ......get it in writing. Because I had bad experiences with all of them, they do not value their words.

ICICI is the costliest but I would say most reliable. I love there quick fund transfer from bank to security and back to bank, it is instantaneous if you have an ICICI bank acct. All other brokers take atleast 1 day to give you credit, while they would deduct the amount immediately.
I wish I could have this facility with RKGlobal then it would be best of all world.
hi buddy i doubt if rkglobal would be available in punjab (patiala)

if i have to choose between sharekhan, reliance & india bulls then whom do u recommend?
 
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