Which is the best Demat Account available in the market.
There has always been a confusion in choosing between Brokers and their Demat and Trading Accounts. The following are the primary concerns that every customer would consider.
- Security
- Cheap Brokerage and Other Charges
- Trading Software
- Customer Support
I personally chose both SBICapSecurities and Canmoney as they are being offered by Government Banks of India and I feel they are more SECURE than any other. But as you all know their Service is HORRIBLE.
I just started to look for other options, but SECURITY is always my primary concern while investing, and it has always been said that a demat account with a government bank is more safe than a demat account with a brokerage firm.
Ofcoz there are channels like pgportal.gov.in and many other where one could log a complaint against the government banks and their subsidiaries that provide demat accounts, but if it is purely a brokerage firm there is no other option other than SEBI alone. Please correct me if I am wrong.
Demat Accounts with Government Banks comes with Security where as their Service and Software is Horrible, Demat Accounts with Private Brokerage firms come with Good Service and Software etc. but I really wonder how Secure they are.
I would be glad if anybody could share their views on this.
There has always been a confusion in choosing between Brokers and their Demat and Trading Accounts. The following are the primary concerns that every customer would consider.
- Security
- Cheap Brokerage and Other Charges
- Trading Software
- Customer Support
I personally chose both SBICapSecurities and Canmoney as they are being offered by Government Banks of India and I feel they are more SECURE than any other. But as you all know their Service is HORRIBLE.
I just started to look for other options, but SECURITY is always my primary concern while investing, and it has always been said that a demat account with a government bank is more safe than a demat account with a brokerage firm.
Ofcoz there are channels like pgportal.gov.in and many other where one could log a complaint against the government banks and their subsidiaries that provide demat accounts, but if it is purely a brokerage firm there is no other option other than SEBI alone. Please correct me if I am wrong.
Demat Accounts with Government Banks comes with Security where as their Service and Software is Horrible, Demat Accounts with Private Brokerage firms come with Good Service and Software etc. but I really wonder how Secure they are.
I would be glad if anybody could share their views on this.