SBI 3 in 1 Account (trading,demat and savings account)

Discussion in 'Brokers & Trading Platforms' started by sam1233, Nov 3, 2007.

  1. sam1233

    sam1233 Member

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    Hi,
    I have heared reliable service with SBI. They have associated with Motilal oswal for the trading account. It has very less brokerage compared to many.

    Right now I have ICICI direct, sofar I have spend around RS 9000 with in 10days for brokerage alone, They eat so much from my profit!! almost 10 to 20%. I am thinking of switching to other broker


    Any one has experience on this SBI set up???

    Thanks,
    Sam.
     
  2. mail2kamaal

    mail2kamaal Member

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    fr best brokerage opt fr reliance money.
     
  3. sam1233

    sam1233 Member

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    comment from love2watchx20: about RelianceMoney in another thread

    "but they are selling share from dp account without telling .. they are cheaters... and service is poor . and so many bad things about it . if you peoples check reliance money u will be in totally lost . so please dont consider cheap brokerage . they will rip off huge amount money"


    Does it happen to any other people who use Reliance Money?
     
  4. mail2kamaal

    mail2kamaal Member

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    Bro i use hdfc sec. but in brokerage rate reliance money is cheap.
    but as we all know cheap things are ********
     
  5. sam1233

    sam1233 Member

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    Mail2kamaal, How good is hdfc sec, do they have 3 in 1 system like ICICI,

    ICICI charge .75% of the total money investing plus tax. Is it the same in hdfc also?

    Can you pls tell ur experience with HDFC securities?


    Thanks
     
  6. Amator

    Amator New Member

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    From the word go, one can Reliance name is not something one can rely on.
     
  7. rrdesai_goa

    rrdesai_goa Member

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    HDFC 3 in 1 system is excellent. have been using it for the past 2 yrs
    for my positional swing trading.
    much better and cheaper than ICICI.
    interface and browser based software not really suitable for day trading though.
    very regular with their contract notes and email intimations.
     
  8. sam1233

    sam1233 Member

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    rrdesi, could you post the brokerage charges for buy and sell of hdfc broker.


    After going into all the forums, i see sharkhan and hdfc has least complaints and cheaper brokerage charges..
     
  9. sam1233

    sam1233 Member

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    HDFC seems to be best and safe bet, since its a bank also..

    I would like to open new account with HDFC. Your opinion please!!
     
  10. tuxian

    tuxian New Member

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    charges wid these banks like icici ,hdfc etc are high compare 2 brokers & dps like sharekhan ,religare etc.

    I was abt 2 open 3 in 1 a/c in hdfc
    but der charges seems high.So goin for Religare or a Broker.

    Btw any details abt SBI 3 in 1 a/c
     

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