hi i am new to share market, i am really confused, please suggest a broakrage house which offers online trading, good stock tips, and customer friendly approach,
2007-02-13 18:02:09 · 13 answers · asked by Anonymous in Business & Finance ➔ Investing
In USA, Merrill Lynch or Charles Schwab full service brokers are great for beginning investors.
Etrade and other online trading platforms are better for more astute, experienced stockmarket investors.
2007-02-13 18:14:21 · answer #1 · answered by Muga Wa Kabbz 5 · 0⤊ 0⤋
Hi, reading the previous entries I hope you have a fair idea of the large number of brokerage houses operating in India. I have been a user of ICICI Direct and must add that it is very convenient and user friendly. But the rates!! For a trader, it is really prohibitive. Almost one percent will be taken off when you buy and also when you sell, ie, at each trade. So that gives you an idea of how much the share must move if you are to get anything at all.
I think it is time for the regulatory authorities to come up with a standard rate. When the rates are brought down, the trades will pick up and that would mean, more earnings for brokerage houses and also for the exchequer. And also something for the poor guy who does the actual trading. True, that they have put together the infrastructure and maintains it beautifully... But the rates are really very high.
2007-02-14 07:28:36 · answer #2 · answered by MathewMBA 1 · 0⤊ 0⤋
Sharekhan, Appllo Sindhoori, IL&FS, ICICIDirect, Karvi Consultants, Geojit
2007-02-14 02:08:47 · answer #3 · answered by Prabhakar 1 · 0⤊ 0⤋
Based on your parameters, ICICIDirect ( approach ICICI Bank ) seems the only best brokerage house. All the accounts ( trading, demat and banking) are linked and automatic debits / credits are done.
So far learning about stock ideas and investing, ICICIDirect has a very exhaustive section on its website. It sends periodic newsletters by email about investment ideas. They have also got a vast research section.
Best of luck.
2007-02-14 02:41:13 · answer #4 · answered by Nitin G 7 · 0⤊ 0⤋
HDFC Securities and India Infoline Securities provide on-line trading facilty. India Infoline Securities provide good stock tips and its brokerage rate is low. HDFC Securities provides better custmer service.
2007-02-14 07:59:45 · answer #5 · answered by Ven 4 · 0⤊ 0⤋
I prefer KOTAK SECURITIES. They render all the services you required with a solid Research Reports, Investment Tips and Customer Care Support .
Wish you ALL THE BEST.
(THEIR WEB SITE ADD - kotaksecurities.com)
2007-02-14 10:40:05 · answer #6 · answered by sudeepkumarsaraf 1 · 0⤊ 0⤋
If you realy interested in dealing in the share market. Please send your detail and the location so we able to guide you properly because share market is not for every body. It vary from man to man, it also vary from the financial aspect of the person and also from other aspects also. You can send E-Mail at nfc20006@yahoo.com
all cummunications with us is of confidential nature
2007-02-14 08:15:09 · answer #7 · answered by Anonymous · 0⤊ 0⤋
E-trade or TD Waterhouse.
2007-02-14 02:04:20 · answer #8 · answered by gotham158 3 · 0⤊ 0⤋
Hey u have alot of Companies or banks who provide you online trading facilities. Here are some of the good one's.
icici bank,Hdfc bank,Uti bank and ShareKhan
I prefer Sharekhan......................
2007-02-14 04:11:04 · answer #9 · answered by Yagneswar (Vamsi) 1 · 0⤊ 0⤋
e-trade is the best, nice service and support. you pay a little bit more but there is no a big diference.
2007-02-14 02:11:54 · answer #10 · answered by irogerwatersi 2 · 0⤊ 0⤋