Hello Experts,
I have an online trading account with Geojit. I found that Geojit is not really a good choice for intra-day trading. I tried to do intra-day trading with them for few days; then I found that my account is in a mess, that they are confused over the cash flow back and forth from my bank account. It was only 3 days of trading and a handful of transactions. Still they took more than 1 month to settle it, that too after a lot of queries back and forth.
Will it be better for intra-day trading, if go for an account with ICICI or HDFC ? Since the bank account also will be with them, can I expect settlement process will be faster ?
What about other brokers like Sharekhan, 5paise etc ?
With whom I can expect hassle free intra-day trading ?
Looking for valuable advices from experts.
Thanking you in advance,
Gourimaya
I have an online trading account with Geojit. I found that Geojit is not really a good choice for intra-day trading. I tried to do intra-day trading with them for few days; then I found that my account is in a mess, that they are confused over the cash flow back and forth from my bank account. It was only 3 days of trading and a handful of transactions. Still they took more than 1 month to settle it, that too after a lot of queries back and forth.
Will it be better for intra-day trading, if go for an account with ICICI or HDFC ? Since the bank account also will be with them, can I expect settlement process will be faster ?
What about other brokers like Sharekhan, 5paise etc ?
With whom I can expect hassle free intra-day trading ?
Looking for valuable advices from experts.
Thanking you in advance,
Gourimaya