Any discount broker with their own DP?

Biker

Active Member
#1
I understand that nearly all online discount brokers have 3rd party DP with IL&FS. I was wondering whether there are any discount brokers with their own DP?

The reason being I have to pay script debit charges twice when I sell the stocks from my DP account. One when I debit my DP and second time when broker sells through his DP.
 

comm4300

Well-Known Member
#2
I understand that nearly all online discount brokers have 3rd party DP with IL&FS. I was wondering whether there are any discount brokers with their own DP?

The reason being I have to pay script debit charges twice when I sell the stocks from my DP account. One when I debit my DP and second time when broker sells through his DP.
i think RK Global have their own DP.
 

toingpoing

Well-Known Member
#3
Visit Tradeeasy.com... Very low brokerage with DP and no account opening charges. No monthly charges for NOW terminal. Excellent trading limits.Top service.
 

Steve

Active Member
#4
I understand that nearly all online discount brokers have 3rd party DP with IL&FS. I was wondering whether there are any discount brokers with their own DP?

The reason being I have to pay script debit charges twice when I sell the stocks from my DP account. One when I debit my DP and second time when broker sells through his DP.
AFAIK among discount brokers TSO, have their own DP, also have a thread in TJ
 

Biker

Active Member
#6
Thanks all.. I'll take a detailed look at suggested brokers, but when it comes to stock broking then reputation and reliability if of prime importance (obviously).

So I wonder whether brokers mentioned above are reliable?
 
#7
I understand that nearly all online discount brokers have 3rd party DP with IL&FS. I was wondering whether there are any discount brokers with their own DP?

The reason being I have to pay script debit charges twice when I sell the stocks from my DP account. One when I debit my DP and second time when broker sells through his DP.
Hi!

I have been trading with Compositedge.They have their own DP.

Sagaya
 

pakatil

Well-Known Member
#8
Thanks all.. I'll take a detailed look at suggested brokers, but when it comes to stock broking then reputation and reliability if of prime importance (obviously).

So I wonder whether brokers mentioned above are reliable?
Reliability is a Million Dollar Q.

Your guess is as good as mine.......:D
 

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