Intraday Trading - Best Online Broker ?

#1
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
 
#2
Sharekhan is much much better. The digital contract comes to you by email the same night and your accounts are updated by next morning 6 am.
vps
 
#3
I am using India Bulls plateform for the last 4 years.I find it to be good.The only problem with it is they do not allow trading in options(many times at the money options) which donot meet their conditions.I do not know why this restrictions are imposed.several times this problem was posed to them.Each time I got different answer & no solutions for the problem.If you are not trading in options then India Bulls is a good plateform to do intra day trading in stocks & stock futures.However do not expect any worth while tips from them.Each unit has different view about the same scrip.This I can say because I had two accounts from two different Offices. One can keep margin money in their account to avoid frequent transaction with bank.Electronic contract note is available with in 24 hour.Charting facilities is also quite comprehensive.The main advantage of India bulls is that One can transfer the intraday tick data for any scrip from India Bulls data folder(located on the user Computer) to exel regularly to have a continuous Intra day chart.
 
#4
I use Angel Broking for both Intraday and Delivery Based trading. It is the best and the trading software is given ODIN DIET is given free. Also the accounts are very clear and they have online fund payin and payout with leading banks.

You can also see your account details online. Digital contract notes are available online.
 
#5
I am using India Bulls plateform for the last 4 years.I find it to be good.The only problem with it is they do not allow trading in options(many times at the money options) which donot meet their conditions.I do not know why this restrictions are imposed.several times this problem was posed to them.Each time I got different answer & no solutions for the problem.If you are not trading in options then India Bulls is a good plateform to do intra day trading in stocks & stock futures.However do not expect any worth while tips from them.Each unit has different view about the same scrip.This I can say because I had two accounts from two different Offices. One can keep margin money in their account to avoid frequent transaction with bank.Electronic contract note is available with in 24 hour.Charting facilities is also quite comprehensive.The main advantage of India bulls is that One can transfer the intraday tick data for any scrip from India Bulls data folder(located on the user Computer) to exel regularly to have a continuous Intra day chart.

TRB....you said that u had a/c with two different offices.......you have both a/c in same name...same PAN....
TRB can a person have more than 1 account with IB....in 2 different offices. .... with same pan and same name.....whats the process......