Hi all,
I have read this article recently and found our there is too much confusion in the minds of people as some says good some says bad trading machines
dear friends....I did a study of different services provided by different brokers and used couple of them and checked the trading systems by visiting my friends who are using different versions...well its my personel opniun so please ignore this if you are not convinced...I when started trading first I wasted too much time in pondering and switched from one broker to the other..But I was looking was speed when speed matched brokerage didn't matched where brokerage matched speed was not good...so after looking here and there I couldn't find everything in one basket so decided what i need the most. As by paying less brokerage I was loosing on speed so was my trades so I decided to give it a try by going for a system which could give me speed as my trade profits where going down so had a long discussion with my fellow people and I opted for Geojit and my friend opted for Angel trade and other one opted for Indiabulls and one long distance friend went for 5 paisa as here is the finding:
Geojit : speed is good order doesn't stuck and customer support is very good action is prompt at peeK hours there system works good. I pay a standered brokage 0.03 intraday and delivery 0.30 flat it depends upon what trade you do so you can negotiate:
Angel trade: Same speed is good customer support is active and responsive but brokerage you have to negotiate my friend is average trader so pays 0.05 intraday and 0.40 paisa delivery
Indiabulls : again speed is good now they have recorded lines and if you have a problem on your order not going through you can call there dealers and excute orders again he is paying a brokerage of 0.03 intraday and 0.30 delivery as he is a full time trader no RM tension now.
5Paisa: My other friend he has recently signed up so still waiting for a response .
Share Khan : lot of information is available on traderji so it can give you knowledge regarding the same.
My friends you all must first look for what you need as We all are living in India and here nothing comes full in one basket so pros and cons are there everywhere so My need was speed as what is the use of paying less brokerage and loosing my trade profits due to low speeds so I opted for Geojit and my friend is happy with Angletrade and other one decided to stick with Indiabulls as all the three are good when it comes to speedy execution of orders and margins.
We all have to compromise atleast somewhere as here it takes time to get things done in right way Indian Stock Trading system is not very old its still young like approx 4 yrs old it will take time to imporve but we cant wait till that time we all have to carry on so somewhere we all have to compromise for the time being.
Wish you all the best
Regards,
Ranjit
I have read this article recently and found our there is too much confusion in the minds of people as some says good some says bad trading machines
dear friends....I did a study of different services provided by different brokers and used couple of them and checked the trading systems by visiting my friends who are using different versions...well its my personel opniun so please ignore this if you are not convinced...I when started trading first I wasted too much time in pondering and switched from one broker to the other..But I was looking was speed when speed matched brokerage didn't matched where brokerage matched speed was not good...so after looking here and there I couldn't find everything in one basket so decided what i need the most. As by paying less brokerage I was loosing on speed so was my trades so I decided to give it a try by going for a system which could give me speed as my trade profits where going down so had a long discussion with my fellow people and I opted for Geojit and my friend opted for Angel trade and other one opted for Indiabulls and one long distance friend went for 5 paisa as here is the finding:
Geojit : speed is good order doesn't stuck and customer support is very good action is prompt at peeK hours there system works good. I pay a standered brokage 0.03 intraday and delivery 0.30 flat it depends upon what trade you do so you can negotiate:
Angel trade: Same speed is good customer support is active and responsive but brokerage you have to negotiate my friend is average trader so pays 0.05 intraday and 0.40 paisa delivery
Indiabulls : again speed is good now they have recorded lines and if you have a problem on your order not going through you can call there dealers and excute orders again he is paying a brokerage of 0.03 intraday and 0.30 delivery as he is a full time trader no RM tension now.
5Paisa: My other friend he has recently signed up so still waiting for a response .
Share Khan : lot of information is available on traderji so it can give you knowledge regarding the same.
My friends you all must first look for what you need as We all are living in India and here nothing comes full in one basket so pros and cons are there everywhere so My need was speed as what is the use of paying less brokerage and loosing my trade profits due to low speeds so I opted for Geojit and my friend is happy with Angletrade and other one decided to stick with Indiabulls as all the three are good when it comes to speedy execution of orders and margins.
We all have to compromise atleast somewhere as here it takes time to get things done in right way Indian Stock Trading system is not very old its still young like approx 4 yrs old it will take time to imporve but we cant wait till that time we all have to carry on so somewhere we all have to compromise for the time being.
Wish you all the best
Regards,
Ranjit