Discount Broker Comparison

One small I want to highlight is none of the discount broker has option to invest in Bonds,NCDs,IPOs etc .Though they are discount brokers mainly providing trading platform but if any broker provides these options as well it will be add-on
 
Dear friends,

I would also like to know which broker has facility to open a dp+tradin a/c within 1 day / online opening ? I have found that most of the dp have highly cumbersome process of a/c opening.

Regards,

Rajen
 

balab

Active Member
Downtime from past 30 minutes on NEST with Alice Blue... they say some satellite problem... I am really thinking twice about this whole discount broker experiment. Could not close positions at end of day.
 

TraderRavi

low risk profile
Downtime from past 30 minutes on NEST with Alice Blue... they say some satellite problem... I am really thinking twice about this whole discount broker experiment. Could not close positions at end of day.
bad very bad, wtf satelite problem........who will be responsible for any loss in forced overnight holding :annoyed:
 

balab

Active Member
With Zerodha I may have faced only few minutes of downtime in my past 2 years of trading with them... really never realized the value of reliability and robust systems until now. Brokerage cost is not everything. I assumed with NEST there should be some equality between brokers on system uptime, WRONG.

bad very bad, wtf satelite problem........who will be responsible for any loss in forced overnight holding :annoyed:
 

poortrader

Well-Known Member
With Zerodha I may have faced only few minutes of downtime in my past 2 years of trading with them... really never realized the value of reliability and robust systems until now. Brokerage cost is not everything. I assumed with NEST there should be some equality between brokers on system uptime, WRONG.
Are you trading with wisdom capital or directly with alice blue? Don't they have call and trade to sq off trades?
 

balab

Active Member
The guys manning the call and trade desk are idiots... I had to follow up many times to get the trade done... and it took well over 15 mins. Meanwhile MIS has auto squared off the trades (luckily) by 3.20. Only some small positions left open. But I've never faced this anywhere. Even the web trade didn't work.

Are you trading with wisdom capital or directly with alice blue? Don't they have call and trade to sq off trades?
 

poortrader

Well-Known Member
The guys manning the call and trade desk are idiots... I had to follow up many times to get the trade done... and it took well over 15 mins. Meanwhile MIS has auto squared off the trades (luckily) by 3.20. Only some small positions left open. But I've never faced this anywhere. Even the web trade didn't work.
Yes, seems a strange issue. I also did not find their customer support good as my emails were not replied. As far as wisdom goes I would never deal with a sub broker.