Sir,
I am with sharekhan for over 9 years and find that they are more transparent and better placed than any of the brokers I have dealt with till now. Only minus point with SSKI is their brokerage is higher. And, there are some better s/w than Trade Tiger of SSKI. But almost every broker charges that much, atleast initially. I can not believe that SSKI indulge in fraudulent means. Any way, every person's experience is different. Some one suggested Ventura is good. Yes, in some way. But I find that even stocks held in DP but sold are not allowed to buy back in Ventura. Why? Bcoz, they need 'Margin' even for buying back. What happens to the credit for shares sold?. Perhaps, one has to wait for the settlement. Also there are some problems with them. And service? They do not know the meaning of it. It is commonly known as one way traffic. Some time back, an amt. of Rs.7900/- was over due by one day. I was just warned 1/2 an. hr. before mkt. opening. After Mkt. Hr. orders placed were blocked. Entire holding of 8 lakhs worth shares were blocked till I cleared that amount. Coming to 5 paisa, I shall write shortly in detail, so that none should fall into their trap. They are number one cheating institute; pl. beware. Therefore, whoever blames Sharekhan, they are not aware that others are worst than SSKI. But every one, must make survey about every broker, before planning to shift or open new accounts. Also, whosoever find any problem with any brokers, they should report to NSE or BSE for quick redressal.