Which brokerage is best to start with want to open demat account

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Deal Cadet
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Hey guys,

I’m totally new to trading. As a first step, I want to open demat account and want to purchase stable shares?
Please guide me or is there any wiki on desidime for this? Shall i open through some brokerage sites or directly through bank account?

Also are there any offers for opening demat account?

17 Comments  |  
15 Dimers
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Deal Cadet
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Zerodha

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Deal Cadet
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No any offer . Zeordha having less brokerage and ok

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Deal Cadet
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Pm me

Missing
Deal Cadet
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zerodha provides less marging than wisdom and also gets hang sometimes. Try wisdom it is much better and u can also try option selling in less margin.
for referral PM me

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Deal Cadet
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I use Upstox
But their annual reports are shit.
Maybe give a try with zerodha.

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Deal Cadet
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kurk wrote:

I use Upstox
But their annual reports are shit.
Maybe give a try with zerodha.

what are the charges?
Zerodha I think 300 Rs annual charge

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Deal Cadet
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Search on Google “comparebrokersindia”

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Deal Cadet
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I’m thinking to prefer opening account through Zerodha as going through above opinions.

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Pro Critic
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hkhitesh378147 wrote:

I’m thinking to prefer opening account through Zerodha as going through above opinions.

If you are looking for cheap brokerage fee then sure go for Zerodha. But sometimes Zerodha can’t handle the load and their services are down. Not very often but it happens and because of that people lost lakhs of rupees.

If you need reliability then go with firms like Sharekhan etc.

Zerodha is good for you if you are casual/occasional trader.

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Deal Cadet
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Expand
makeourdeal wrote:

what are the charges?
Zerodha I think 300 Rs annual charge

350 but not happy with their service I’m looking for an alternate as well

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Deal Cadet
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What about kotak securities?

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Deal Cadet
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Do they ask for adhaar for a dmat/trading account?

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Deal Cadet
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Try Fyers.

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Deal Newbie
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If you are a newbie then I would say go with finvasia they are one of the best brokers around in terms of pricing and major benefit of being with them is that they don’t charge any brokerage neither for delivery nor for intraday.
Plus account opening charges and AMC is also zero for lifetime.

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Perfectionist
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JmaDesi wrote:

If you are a newbie then I would say go with finvasia they are one of the best brokers around in terms of pricing and major benefit of being with them is that they don’t charge any brokerage neither for delivery nor for intraday.
Plus account opening charges and AMC is also zero for lifetime.

Then how are they earning???

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