The earlier,the better.
There are many guys to make ICICI rich. And ICICI will,I assure,never stay behind,in emptying your pockets---of course at the rate of speed of sound,Nay,at the rate of speed of light.In terms of charging maximum possible brokerage,ICICI stands right at the top.
wITH A DELIVERY BROKERAGE CLOSE TO ALMOST 1%, AND daytrading brokerage of over 0.10%,no one else can match them.
What advantages you get on top of highest brokerage in india?
Yes you can get one automatic advantage.
THERE is this service charges on brokerage at 12.2%.
Now the higher brokerage you pay, more service charges you can pay and
the finance ministry will only be too happy to make a bigger hole in your pocket.
AND what do you get ?
You get the satisfaction of having paid not only highest brokerage but also maximum possible service charges.
Of course 5paisa.com will charge you 0.05% for daytrading,but 100% guarantee that you will go for auction every now and then.They are very good at indirect charging and making more losses for their clients.
The beauty is they dont even have an auto squareup which can save the clients huge losses in auctions. Their frequent server failures let you wonder if your internet is crashing every now and then.Or you may even begin to think that there is something wrong with your pc,itself.
Religare is seemingly good at 0.02% daytrading brokerage, and 0.2% delivery brokerage with their ODIN thing you may be better off.
I havent used it but planning to go for it soon.
And Motilal oswal or sharekhan are not cheaper either. oF COURSE indiabulls is better at 0.03% brokerage for daytrading and 0.35% for delivery brokerage.
ONE THING
Dont think and hesitate at all if you need to open one more trading account.
but get first hand experience
Goodluck!