Anybody with Networth Direct

[mrshaana]

Hi,

Contacted a marketting person.

Plan details:
Upfront Fee: Rs.5000 (Will be refundable once brokerage generated)
Brokerage: 0.23% for Delivery, 0.023% for Intraday, Rs.40 Options
After the brokerage touches 5000, they will refund the upfront amount and brokerage will be reduced to, 0.15% for Delivery, 0.015% for Intraday, Rs.40 for Options.
Exposure: 12 times minimum for all shares (20 times maximum if capital is high)
No AOC, Software Charges.
Call and Trade is available anytime.

I already have account with HDFC and their brokerage is very high when compared to this.

Anybody have experience with this already? If yes, please share your experiences.....

Thanks

 

[mrshaana]

Any Comments / Suggestions?

 

[netman]

Hello friend.
DONT DO IT.

Read this
http://www.traderji.com/brokers-tra...kerage-online-share-trading-4.html#post393376

this is happening even when one of my oldest friend works with them, so what fool they would make of a normal man, is beyond my imagination.

 

[mrshaana]

Hi,

Thanks, you have saved my money.....

 

[netman]

Hi,

Thanks, you have saved my money.....

very welcome.

I would strongly recommend Indiabulls, my experience with them has been a 5 star rated. :thumb:
also since a month I am trading cheaper in Indiabulls itself