hello everybody
I am interested in investing in stock market through discount broker because of very low delivery brokerage.I have few things in my mind.
1 The business model of these brokers is very competitive and i think they are not earning very much .Suppose they went broke what will happen to our securities lying in their demat account and funds lying in their trading account ?
2 suppose they misuse our poa and sell the securities and keep the money with themselves what can we do ?
3 i Have read that nse will provide relief upto 10 lacs but do they provide this relief to discount brokers clients also.
4 Is there any way that we freeze the securities in demat account and only unfreeze when we have to sell.What is the cost structure for this facility ?
I am interested in quantitative investing so i may be investing with lot of trading so low brokerage will help me alot but i want to know what type of security i have on my account.
thanks in advance
I am interested in investing in stock market through discount broker because of very low delivery brokerage.I have few things in my mind.
1 The business model of these brokers is very competitive and i think they are not earning very much .Suppose they went broke what will happen to our securities lying in their demat account and funds lying in their trading account ?
2 suppose they misuse our poa and sell the securities and keep the money with themselves what can we do ?
3 i Have read that nse will provide relief upto 10 lacs but do they provide this relief to discount brokers clients also.
4 Is there any way that we freeze the securities in demat account and only unfreeze when we have to sell.What is the cost structure for this facility ?
I am interested in quantitative investing so i may be investing with lot of trading so low brokerage will help me alot but i want to know what type of security i have on my account.
thanks in advance