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| Discuss geogit\icicidirect at the Introductions within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hallooo... I am new membur Traderji.com, Please discuss geogit and icicidirect this two online brockers ... |
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#1
7th March 2006, 07:50 AM
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geogit\icicidirect
Hallooo... I am new membur Traderji.com, Please discuss geogit and icicidirect this two online brockers best customer support and server and low charge etc ... please help. 
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#2
7th March 2006, 08:44 AM
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Re: geogit\icicidirect
Geojit is the undisputed cost-effective brokerage company. Their brokerage structure is very simple: 0.03% for intraday square off trades, 0.3% for delivery based trades, and a flat Rs.75/- per lot of F&O trade (exclusive of statutory taxes and levies). See: http://www.geojit.com for more information.
ICICI Direct charges for the same category of transactions are: 0.1%, 0.75%, 0.1% of F & O contract value (exclusive of statutory taxes and levies). However they offer a slab-based discounting structure depending on your trading volume in a given month. Go to: https://secure.icicidirect.com/customer/customer.asp and click on the 'Fees Schedule' link for their detailed explanation. One of my personal experiences is that ICICI Direct gets slower and slower during the market opening/closing hours; an order placed takes a considerable amount of time (around 5-15 minutes) to go to the Exchange. A good window to lose a profitable intra-day trading opportunity! Geojit sales guys told me that such a problem never exists in their system, but I thought I should validate their words by myself. Last edited by sarathc; 7th March 2006 at 11:32 PM.
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#4
9th March 2006, 07:56 AM
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Re: geogit\icicidirect
I discovered an already existing forum 'Brokers & Demat Matters' on traderji.com - many of our friends have unearthed a lot of useful information on various brokers for us in various threads therein.....!
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#5
10th March 2006, 07:15 PM
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Re: geogit\icicidirect
with scam coming up in many large broking houses like karvy, motilal I guess ICICI is far more safer as they have bank involved in their process, and to my knowledge RBI is the most strict regulatory authority
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