Confused - Sharekhan vs Icicidirect vs Hdfc vs Kotak vs Indiabulls vs 5paise

which online broker u prefer and why - chose one


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vince

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amit_chugh said:
you can start with sharekhan also if you feel.
I have just opened a account with sharekhan. i think it is a good one and i am finding it very good.
Hi Amit,

How much is the brokerage charged by sharekhan. Much obliged if you let us know.
 
Thank You all for the quick reply

But I dont have a broker now with me only have a local broker where i have my holding.

Just had a word with few people they told me two brokers can be considered
1) ShareKhan
2) IL&FS Investmart

Both are ok I checked both the sites but not much information is there

SO finally i have decided two go with one out of these two.

so Please I request you all investors to guide me what you have to say now

about Investmart and Sharkhan which will be the best pls let me know ther DP and financial trascaction how are they.

Once again I dont need online service as I travel and only will be on Phone

am buy in large and good amount of shares at one ago but that depends upon there research ratio also

so tell me all the good people out there

ShareKhan or investmart

if any one can tell me about Investmart any live trader here who using them.

Thanx in advance

cool_harry
 
gvnarendra said:
Dear Sunandoghosh,
I am using India bulls trading facility. I find it is very easy to handle the interface and the brokerage is also very competitive. Their interface which runs on Java is very fast even in slow connections also. If you want any other information regarding Indiabulls you can ask me.
Thank you
gvnarendra
Gvnaranedra,
a small help,
As you are using Indiabulls can you please tell me whats this, "Cash Transfer For UTI Clinets"

Does it means that funds we want to withdraw will be instantly transfered to the bank account if with UTI??????/
 
UTI Securities,
Anybody trading with them?

I have heard that just like ICICI they provide 3 in 1 A/C feature alongwith a trading terminal type software,tradeanywhere.exe, through which we can see live streaming rates, historical charts, intraday charts etc.

Where ICICI is not favourable since its systems hangs often and doesnt provides live straming quote with trading terminal, I think UTI may be favourable due to its 3 in in 1 account with a exe based trading terminal.

I request group members to gather intelligence regrading UTI and start comparing its merits and de merits.

Thanks
UTI:):D
 
trader31339 said:
Gvnaranedra,
a small help,
As you are using Indiabulls can you please tell me whats this, "Cash Transfer For UTI Clinets"

Does it means that funds we want to withdraw will be instantly transfered to the bank account if with UTI??????/
Yes it means that. Indiabulls is directly connected to HDFC banks. If you have an account with HDFC bank it is very easy. I opened an account with HDFC for that purpose only.
gvnarendra
 
Hi everyONe,

For the past 3 months, I had been using ICICIdirect, I took it up hoping that it would be one of the best, since it gives a three in one account. But the service that they are offering is the worst of the lot and is a definite NO for the following reasons.

1). High Brokerage.

2). Bad Service, Since i had the experience where my stocks went missing from both the security projections list as well as the Demat Allocation list. And this happened very recently and i am yet to get a reply from them.

3). You cannot sell your receivable shares within the settlement period in any of the BSE scrips.

4). As for NSE you can sell your receivable shares from a list of 133 stocks only. Which is absolutely of no use. Because any active trader will definitely be stuck up with his positions till the stock gets allocated into his account.

5). IF you have any problems and want some answers during the trading time. You will never be able to get to them, they never answer your calls. You really will find yourself helpless because you don't have a personal rappo with someone whom you can talk to regarding your problems. The Guys at the Call centers give a damn to your problems. So neither can you catch them on the phone nor do they reply your mails. You will feel yourself stunned because you sometimes have a wierd feeling if they ever care.

6). And one the Dumbest products that they have is the Margin Plus. and if anyone does an intraday on that. you are definite to loose your money. Since those 133 stocks are static stocks which hardly have any volatility or movement in them. So you finally end up loosing your money for the brokerage. And one of the guys at ICICI said that it was thier KILLER product and i told him it indeed was a KILLLLLLLLER product. So beware if you don't want to get killed.


So from my experience i feel that the best thing is to go in for a specialist rather than generalists in this field. and Now i am on the look out for other options and am considering the Investsmart terminal. But from what i see they too have a long way to go in some ways.But at least they are growing fast and that is what that matters the most.

and my experience tells me to go to someone, who will give you a good service for the money that you are paying them. You see to it you have a personal rappo with some one at the office. otherwise you will feel leftout and helpless and endup loosing your hard earned money.

Best Regards,
Vulraj
 
trader31339 said:
UTI Securities,
Anybody trading with them?

Where ICICI is not favourable since its systems hangs often and doesnt provides live straming quote with trading terminal, I think UTI may be favourable due to its 3 in in 1 account with a exe based trading terminal.

I request group members to gather intelligence regrading UTI and start comparing its merits and de merits.

Thanks
UTI:):D
Anybody with any info on UTI? Please post as they seem to be the only viable option to trading with ICICI.
 
Now that many brokers are offering
desktop version of online internet trading software. I am planning to try couple of brokers' software. Currently I am trying KEAT. KEAT Lite is having a restriction of 25 stocks. KEAT premium allows upto 100 but will cost Rs. 500/- per month.

I would like to know about 'Power India Bulls' (PIB -- from India bulls), 'Trader terminal' (TT -- from 5paisa) and 'My broker' (MB -- from Motilal oswal) about any such limit.

Also I find that Market depth screen in KEAT is little slow when you switch between stocks. (It appears that it makes a query whenever you try that screen and probably only one stock market depth data may be coming any time). What about PIB or TT or MB in this regard?

Thanks in advance for your info.

Sankar
 
Hi
Today i joined this site to solve few queries like should i go with sharekhan or kotak.
Your conversation provide me a lot of help to decide. I am using kotak account. Their services are fine but I am not happy with their brokrage.

I talked to sharekhan exeutive and they came to my home to provide deomo but they are not able to do it because they don't know how to operate it.

My few friends having accounts in indiabulls and they are happy with this. I don't know any person in personal who is using sharekhan account. I am using airtel mobile internet connection for internet surfing and kotak website is working fine on it.

I called sharekhan & indiabulls executive let see what details they will provide me.
 
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