hey guys who do you think is best in online trading?
8 Replies
sohail
(ceo)
(33 Points)
Replied 15 March 2010
here are your comparisons...visit thsi link.
https://www.iwebie.com/online-trading-demat-account-and-brokerage-firms
akhi kashyap
(ceo)
(48 Points)
Replied 17 March 2010
reliance money super trade would be the best i guess
https://www.pressreleasepoint.com/reliance-money-offers-yet-another-first-unlimited-trade-flat-fee
meera krishna
(senior trader)
(59 Points)
Replied 18 March 2010
here are a few tips!
https://money.howstuffworks.com/personal-finance/online-banking/online-trading.htm
sohail
(ceo)
(33 Points)
Replied 19 March 2010
the brokerage charges of reliance money super trade are listed here!
https://financialawarenessportal.com/brokerage-charges-comparison-%E2%80%93-an-overview-on-the-brokerage-structure-of-reliance-money/
sohail
(ceo)
(33 Points)
Replied 22 March 2010
hi..
For me and my wife account I find Reliance Money is taking INR500.00 as Qtrly charges + INR13.57 for each trade irrespective of lot size. This is for Futures and Options.
There is no other charges except 1.50 for some bond paper charges or like that.
Other charges that I pay is a trade card fees of INR2500.00 for delivery buy / sell for INR3000000.00 and for Trade FNO etc 10000000.00 valid for six months.
For my mother[s account as enrolled recently they have taken INR6500.00 for free trade for three months - though no trade is carried out so far by us in that account
If I compare the account with others then the brokerage charges for options and also for delivery are extremely high even if one pays as high as 40500.00 rs upfront brokerage charges!
Also I find that there are differences in NSDL lst of delivery buy of stocks and the actual delivery buy after T+2 days n a few brokerage account. A few brokerage houses just take out stocks from demat or transfer stocks from one account to other account in the name of collateral transactions creatng some anxious moment in the mind of the clients! Also the demat and Contract notes are not dsplayed in trade stes and one need to search email and verify and calculate his trading details wasting time! I can mention a lot of other disadvantages for broking houses other than reliance money.
In fact today mornng I sold with anger a huge FNO positions (to my capacity) in big loss from one account and compensated 75% of my loss from profit in Reliance money through trading the same stocks / futures. in the same day!
pawankumar
(investor)
(109 Points)
Replied 31 March 2010
great post sohail!i would say choose between reliance money supertrade or icici direct!
pawankumar
(investor)
(109 Points)
Replied 05 April 2010
guys what is the difference between trading in stocks and taking delivery of stock.Why are different
brokerage applied to them .please explain with reference to Indian stock market
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