New Poll : Best discount Broker

Best Discount Broker - Vote only for lowest brokerage

  • Wisdom

    Votes: 28 12.1%
  • Procon

    Votes: 0 0.0%
  • Achievers

    Votes: 9 3.9%
  • Zerodha

    Votes: 94 40.5%
  • RKSV

    Votes: 24 10.3%
  • VPS

    Votes: 5 2.2%
  • Astha trade

    Votes: 4 1.7%
  • TSO

    Votes: 3 1.3%
  • SAS

    Votes: 28 12.1%
  • Any Other

    Votes: 37 15.9%

  • Total voters
    232

kaly422000

Well-Known Member
#85
any review about fyers.
one problem is from account opening as they dont have their own demat so they partner with IL&FS. and il&fs insert a mandate form for ecs/NACH TYPE OF PAYMENT. THAT IS A PROBLEM .BY SIGNING THAT THEY HAVE DIRECT ACCESS TO UR BANK ACCOUNT. SAMCO ALSO HAVE THAT PROVISION. better they intro account opening charges and leave that mandate form
 

abhay.fintech

Well-Known Member
#87
Is it foolish to keep a 10 lakh account with a discount broker? How big an account do you have with your discount broker?

I am a POSITIONAL options writer and I need to keep my funds with the broker for the full month till expiry. I usually write 25 lots of NIfty option every month and keep them till expiry. I need to fund my account with almost 10 lakh to do this?

Am I sensible to do this with a discount broker (In terms of capital safety)? What you people usually keep with a discount broker?
 

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