One Demat Account and Two Trading account

Today I use 3-in-1 account in icicidirect.com.I am willing to open another broking account Like Angel, India Info, Or Ventura. I open only broking account not open Demat account to Angel, India Info, Or Ventura. I link Icici bank demat account to new broking account . What advantages or disadvantage or face problem? Is it expensive broking company charge more?
Please give me guide about this matter.

Well you can do it all. problem is when you buy or sell info goes to demat account. here icici bank may charge heavily. If you aim to pay less brokerage no worry open demat account as well with new broker. it should not cost more. And your post problems may be less. In fact new account is opened with same name then existing portfoilio can be switched to new account without charge as per sebi rules and you amy have to close icici account. Please confirm. I personally do not see any benefit out of this. I have 3/4 accounts but all have separte trading and demat account.

You can open new trading with existing demat. When you will buy share it will be lying in a pool a/c and you can sell it from this pool a/c within 10-20 days or so. but if you do not want to sell and want to keep it for long term then you will have to put a request of dematerialisation on dematerialisation slip you have got from icici. fill it and hand over to your broker who have brought shares for you.
Intraday & F&O doest need of anything like this.

regards
abhi
Edit: I am using this bcz I have not full faith on my new cheap broeker. In fact if you are planning to buy a share for long term then use ur ICICI a/c to buy (does not matter brokerage for long term investment) otherwise use cheap broker for intraday & fno

OK Ok vary vary useful to me.Then Please Tell me In 3-in 1 Account if I sell share my money will be credited in 3 to 4 days in my bank account If I chouse other broking and open 2-in1[demat&broking A/c]Is this as fast as icici or 3-in 1 account ? And which broking house is best?Angel,Indiainfo or Ventura ?

Hi!
As suggested by other members, if you choose to sell your shares from any of the broking houses, your amount shall be credited to your ICICI S/B account within T+2 days, provided a request for the same is initiated by you. I am currently trading with HDFC Securities/Sharekhan/Edelweiss/Motilal Oswal/Angel broking & found the followings.

Angel Broking Ltd.
Brokerages – Intraday-0.02% or 2 Ps/100 Rs.
Brokerages – Delivery-0.20% or 20 Ps/100 Rs.
Brokerages – F&O-0.02% or 2 Ps/100 Rs.
HDFC Securities
Brokerages – Intraday-0.05% or 5 Ps/100 Rs.
Brokerages – Delivery-0.50% or 50 Ps/100 Rs.
Brokerages – F&O-0.05% or 5 Ps/100 Rs.
Motilal Oswal
Brokerages – Intraday-0.05% or 5 Ps/100 Rs.
Brokerages – Delivery-0.50% or 50 Ps/100 Rs.
Brokerages – F&O-0.05% or 5 Ps/100 Rs.
Edelweiss Broking
Brokerages – Intraday-0.03% or 3 Ps/100 Rs.
Brokerages – Delivery-0.30% or 30 Ps/100 Rs.
Brokerages – F&O-0.03% or 3 Ps/100 Rs.
Share khan
Brokerages – Intraday-0.05% or 5 Ps/100 Rs.
Brokerages – Delivery-0.50% or 50 Ps/100 Rs.
Brokerages – F&O-0.05% or 5 Ps/100 Rs.

Rating – Customer Service
Angel Broking Ltd. - Excellent
HDFC Securities - Bad
Motilal Oswal - Good
Edelweiss Broking - V. Good

However, these are my personal experiences. These may vary with other members. Good Luck!”:thumb: