Hi everyone...
This question may be basic, but being an investor in stocks for several years when one talks about a reputed broker I tend to relate to 'physical' brokerages of the past like - Geojit, Motilal Oswal Etc. - or the big entrants of the internet era like ICICIDIRECT...
Even though there were Sharekhan and HDFC, market regulators were choosey and strict in not allowing too many players..
And now when I am looking for a new broker I am so confused with the number of brokers ..
unlike earlier every one offers every segment.... our choice of brokerage... choice of platforms and so on...
At first I was wary atleast of the so called 'discount' brokers (not long ago, we do not even encourage large sub brokers), but I was surprised that every discount broker has a branch in ever area of my city..,
To make things worse there are rankings where only new brokerages feature in the list... ICICI etal are not even in the list...
Well.... where do I start?
Can I give even weightage to all these firms and evaluate...
How do you guyz choose your broker... I 'm curious...
Cheers...
This question may be basic, but being an investor in stocks for several years when one talks about a reputed broker I tend to relate to 'physical' brokerages of the past like - Geojit, Motilal Oswal Etc. - or the big entrants of the internet era like ICICIDIRECT...
Even though there were Sharekhan and HDFC, market regulators were choosey and strict in not allowing too many players..
And now when I am looking for a new broker I am so confused with the number of brokers ..
unlike earlier every one offers every segment.... our choice of brokerage... choice of platforms and so on...
At first I was wary atleast of the so called 'discount' brokers (not long ago, we do not even encourage large sub brokers), but I was surprised that every discount broker has a branch in ever area of my city..,
To make things worse there are rankings where only new brokerages feature in the list... ICICI etal are not even in the list...
Well.... where do I start?
Can I give even weightage to all these firms and evaluate...
How do you guyz choose your broker... I 'm curious...
Cheers...