Want to get a demat account open,suggestions needed

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Arihant.EXE

Forerunner
Shud be reliable,secure and the brokerage rates should be low

Indiabulls experience got sour when i came to know that the agents themself did some tradings on my accounts to meet their individual brokerage targets. .

Need someone honest and reliable this time

Thanks in advance

Arihant
 
^ Sharekhan! ? ....I just opened a account with them about 1 month back.....
Demat + E-Trading , no delivery notes , SMS alerts for (Rs.100 pm) , 1st Yr. account opening free....Buy / Sell on Phone......Charges after 1 yr = 300rs per annum including e-trading + demat charges.

They have these special plans. Check which suits your needs the best. The guy will come to your place and explain and give you a demo and everything.
Oh! yes, pre / post mailers also right in your mailbox......Special Market exposure on your "already" held shares. I.e if u dont have funds but u have shares u can lock the shares and get leverage to trade with the pre-existant shares and then pay up incase u go in for delivery..Ofcourse T+2..

Exposure is 4x....i.e if u have 5k in the sharekhan acc. then exposure is 4x i.e can buy till 20k. its good in a way....

I have no clue. abt the rest. Just found the services decent and I wanted an all online facility hence........

Do check out if they have the service available in your city...they have decent phone + chat support as well...

I personally have had a "bad" experience with ICICI and also I was suggested by someone against it....
 
I have a account with Angel Broking, no problems till date. they also send you weekly market report, very useful when you don't have time to crack market health daily

Mom has a account with Religare Securities, she opened with for investing it in R Power IPO, after the account it idle for months now:P

althouth they still send state SMS alerts and statements

Dad also holds a account in India bulls, no problems yet.

so far never faced problems:D

IMO, it depends more on the your Broker, then broking company because rules can be bended on brokers will. brokers have lot of powers with them.

Try reading the Terms & condition when you sign up for a new account, it covers everything.

So find reliable & trustful guys who are in business for years, not the typical fly-by-night operators.
 
hanzy said:
^ Sharekhan! ? ....I just opened a account with them about 1 month back.....
Demat + E-Trading , no delivery notes , SMS alerts for (Rs.100 pm) , 1st Yr. account opening free....Buy / Sell on Phone......Charges after 1 yr = 300rs per annum including e-trading + demat charges.
Click to expand...

last week when I visit one sharekhan outlet, authorised person give me 2 options

1) Package I - Rs.2000/- yearly charges
2) Package II - Rs.6000/- yearly charges
 
Emperor said:
last week when I visit one sharekhan outlet, authorised person give me 2 options

1) Package I - Rs.2000/- yearly charges
2) Package II - Rs.6000/- yearly charges
Click to expand...

i guess the one u mentioning here is the trading one where u continuously buy and sell and the one he is mentioning is from investor perspective
 
kumaranuj said:
I had opened an A/C IN KARVY i ZONE Demat + E-Trading
LET ME SEE HOW IT IS ?
Click to expand...

Sure, take your time!
icon10.gif
 
Does any Indian demat account provider has the service to buy stocks in nyse or nasdaq etc? if not, then where should i be looking? I'm off topic, but a single reply with a good reference will fix me.

thanks!
 
I have tried UTI Sec, Anand Rathi & HDFC Sec.

I found HDFC to be best of the lot.

Everything is online & happens in one go.

UTI was the most terrible. They even auctioned my shares even after I had closed my Demat & had aske dfor txfer of share to HDFC. Matter is with SEBI now.

Anand Rathi is also not good as u need to call them when u txfer money fro trading. Brkergae rates are lowest in Rathi, then in UT & highest n HFC. But is still cheaper than ICICI which just rips u apart :)

I am now using only HDFC.. Great interface & no trouble in last 5 years or may be longer
 
I have had not so good time with Indiabulls lately. Though I have an account for last 2+ years. Thinking of HDFC as so far I have liked their services (i.e other than demat stuff).
 
Sharekhan is the top, I opened an account last year and havent had any issues, and pretty pleased with it, give it a try.
 
Well guys i have many demat account..I am trader as well as investor for NSE BSE.

1.ICICI 10 times direct exposure

2.HDFC Used only for cash.They have exposure as well.

3.Indiabulls 5 times exposure

4.Religare securities (Trading account with ODIN Terminal)

5.Jaypee Capitals (with trading terminal)

I liked Religare Securities very much for trading and investing.They have fastest service at nominal Brokerage.Exposure is 5 to 10 times.Trading time opening bell to closing bell with all stocks.For Intra day trading Worst thing is website-trading.Use only Direct Terminals like ODIN.
 
Gurpartap Singh said:
Does any Indian demat account provider has the service to buy stocks in nyse or nasdaq etc? if not, then where should i be looking? I'm off topic, but a single reply with a good reference will fix me.

thanks!
Click to expand...

icicidirect has 'international trading' option. I never activated it though so am not sure what exchanges it supports.
 
u can try reliance money. has the lowest brokerage. service is not the best in the world but if u want a brokerage account u can go for it. It was very bad when i opened it last year in october. but its improving.
I have an account with sharekhan , Icici and reliance.
Reliance - Lowest brokerage , Ordinary service
ICICI - best service, highest brokerage
Sharekhan - Balanced
 
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