Narangji,
I think the best way to trade would be to choose a well known broker. The number of issues you face with discount broker is not even funny!
Did you know that one broker by the name of VSN or something was operating from his house with 2 or 3 colleagues wearing boxers and answering client calls.. Lol
There are plenty issues and plenty such small brokers. You should be careful. Choose Edelweiss or some big name who charge decently. If you are curious to know more, read zerodha thread history and find out the shear quantity of trouble clients run into..
Ranging from login problems, log out problems, wrong orders get placed, dealers sell when asked to buy and then later hang up the phone when they know they made a mistake etc. etc. Nobody is accountable at these sorta cos.
Be wise when choosing. My father had bought shares with Karvy somehwere in the 1980s and he had forgotten about it. There was no trouble retrieving it in 2012..
If it was a discount broker, they would have closed their shop and assumed another profession by now.. Choose wisely.
I think the best way to trade would be to choose a well known broker. The number of issues you face with discount broker is not even funny!
Did you know that one broker by the name of VSN or something was operating from his house with 2 or 3 colleagues wearing boxers and answering client calls.. Lol
There are plenty issues and plenty such small brokers. You should be careful. Choose Edelweiss or some big name who charge decently. If you are curious to know more, read zerodha thread history and find out the shear quantity of trouble clients run into..
Ranging from login problems, log out problems, wrong orders get placed, dealers sell when asked to buy and then later hang up the phone when they know they made a mistake etc. etc. Nobody is accountable at these sorta cos.
Be wise when choosing. My father had bought shares with Karvy somehwere in the 1980s and he had forgotten about it. There was no trouble retrieving it in 2012..
If it was a discount broker, they would have closed their shop and assumed another profession by now.. Choose wisely.