I'm Going to take Angle Broking Account..

Discussion in 'Brokers & Trading Platforms' started by sinagam, Sep 20, 2011.

  1. sinagam

    sinagam New Member

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    Hi Guys,

    I'm Going to take Angle Broking Account on Saturday ,
    I'm going to invest 300000 and i got 0.10 and 0.01 Brokerage Slab from them,
    is it good , should go for some other Brokerage Account.
    plz give advices.

    Regards,
    sinagam.
     
  2. rookitrader

    rookitrader Member

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    That is RS.30 per leg so 60 for buy and sell intraday.Way too costly when there are many better options.Good thing might be to look for Rs.9 per lot or Rs.20 per order guys.If the volumes are good then rs.20 guy is better.But starting out small might work out better for rs.9 broker.
     
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  3. sham_share singh

    sham_share singh Member

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    Hi, I think Angels research is good. I work only on the calls flashed by them on ODIN. The calls are good. Recently they gave a buy call on Tata Motors at Rs. 160 for the target price of Rs.183 and CMP is Rs. 166. They stock is doing well. Also, ODIN is used by majority of the brokers because its user friendly and Im happy with it
     
  4. akash2004

    akash2004 Member

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    20 rs per order ie zerodha is good and fast due to now being working on nse servers but RK global there odin i took demo from calcutta it was atleast 5 seconds behind my edelweiss co located nest software 5 seconds is a lot of time in derivaties if you work like we do i hope u understand saving 10 rs in one lot is not a great idea after loosing 5 seconds
     
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  5. PGDIMES

    PGDIMES Well-Known Member

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    Akash,

    Don't know when you took the demo... But RKG's ODIN is as smooth as NOW (I can say so, as I use both)... only problem with both of them... they may hang sometimes (common with all the trading platforms available in India)... Hope it helps... Don't use Angel... they have hidden costs like Reliance... Hope it helps... :thumb:
     
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  6. sayantan2u9

    sayantan2u9 Active Member

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    so which is best suited foe newbie traders
    pro please suggest

    rk global/zerodha/angel/sharekhan/others
     

  7. PGDIMES

    PGDIMES Well-Known Member

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    Not a pro... But can advise... For single or double lot(s) option trader, RKG fits the bill... For good volume trader, Zerodha hai nah!!! :) If you have Sharekhan account earlier, don't close it but use it for free charts... :rofl::rofl::rofl:

    Trading with Reliance or Angel may be injurious to your ledger balance (nobody knows when ambush charges get applied)... :D
     
  8. sham_share singh

    sham_share singh Member

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    Hi, Im with Angel last 2 years and have had a good experience with them. As hidden charges are concerned, I have never come across any from Angel. The charges applied by them can be viewed in the clients login page. I dont know about any other company, but Im sure that Angel doesnt have any hidden charges
     
  9. sham_share singh

    sham_share singh Member

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    Hi, I think the service also matters a lot. I have Angels account and im happy with their services and have never faced a situation where they have charged me hefty amount. They are very transparent about charges.
     
  10. chetanbang

    chetanbang Active Member

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    I use Nest provided by Anandrathi and Odin provided by Angelbroking. I agree Nest is unbelievably fast in showing bid/ask prices, and Odin is slow in bid/ask. But intraday should be traded based on charts, i traded for 1.5 years based on bid/ask quotes in Nest and lost money, as those bid/asks are manipulated and placed by computer bots, those bots trick you into trade and the trade then moves the opposite direction, so we lose money. Finally realised charts is the way to go and opened a/c with Angel but was disappointed with the slowness of quotes compared to Nest but still i am sticking with it because i got 0.1/0.01 brokerage and my style of trading can make do with a 2 second delay. Charts are good in Odin, you can see previous 5 days intraday chart, in Nest charts are horrible and only 1 day is available. So finally, Angel is ok for equity intraday traders, but they charge minimum 30rs brokerage which is sad for me. For options and futures better to go with Rkg or Zerodha for reasons mentioned by other members.
     
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