Hi Friends,
I have created a below checklist and evaluating different brokers on below parameters and will post my result. request you all to please provide your evaluation also for the Brokers.
CHECKPOINTS FOR ACCOUNT OPENING?
1 Know about Broker history & it's Management?
2 Broker Location, HO,Regd. Off, Branches
3 STATUTORY CHARGES ( Specifically Transaction Charges/Turnover Charges & Clearing Charges)
4 Check for DP Charges
5 Check for Clearing Charges
6 Client Account Opening Charges
7 Systems offered (NOW/NEST/ODIN ?)
8 Any System/Software Charges
9 Segments Avaliable
10 EXPOSURE provided segment-wise
11 Brokerage Plans
12 SMS Notification-Every Transaction / Day End
The above will help all of us...
Regards..
Seema
I have created a below checklist and evaluating different brokers on below parameters and will post my result. request you all to please provide your evaluation also for the Brokers.
CHECKPOINTS FOR ACCOUNT OPENING?
1 Know about Broker history & it's Management?
2 Broker Location, HO,Regd. Off, Branches
3 STATUTORY CHARGES ( Specifically Transaction Charges/Turnover Charges & Clearing Charges)
4 Check for DP Charges
5 Check for Clearing Charges
6 Client Account Opening Charges
7 Systems offered (NOW/NEST/ODIN ?)
8 Any System/Software Charges
9 Segments Avaliable
10 EXPOSURE provided segment-wise
11 Brokerage Plans
12 SMS Notification-Every Transaction / Day End
The above will help all of us...
Regards..
Seema