Best Demat, Trading Account?

Zerodha

How much charges
And broking

Don’t know about IPO, rest things can be smoothly done with Zerodha

You can also get your full brokerage refund (excluding taxes) if you make Re.1 profit (means no loss) in 60 days. After 60 days you can start this again and get full brokerage refund again by continuing this challenge

• Brokerage reversal will be capped at a maximum of Rs. 6000 per challenge.
• The challenge is to trade any or all of equity and F&O, commodity, or currency, and come out profitable at the end of 60 trading days.

Zerodha is one of the worst broker in market. Whomsoever is referring them has not faced the real music yet. And yes, I’m with zerodha when they didn’t even had 100 customers..

If your holdings are high, keep with a regular broker like kotak, iifl, share khan, angel or banks like pnb or any psu. Saving some petty amount and letting zerodha play on your money in prop trading is much riskier than paying little extra and getting a broker who wouldn’t go bust by doing trading on your money and shares.

PS – please google prop trading zerodha and check the reality. You risk your money so zerodha makes money for themselves. Brokerage is just mask they have put to get more margins, more clients. Real money is by doing prop trading for themselves.

Thing is, brokers defaults, it’s not unusual. People don’t know since there are not much active traders who could complain. Allegedly, many brokers have seen getting kicked out like Karvy, the biggest broker once, lost it’s license since they were trading on customers money. Uni trust indulged in IPO racket Edelweiss lost license once because they misused power of attorney. India Info opened fake demat, one did this, another did that. How many of these you knew? No one is safe here. That’s why trust a broker who is honest at face value and has dedicated aim of broking only. Baaki aapka sabka paisa.

East or west, Zerodha is best. Check their pricing here: https://zerodha.com/pricing?c=...93

for the occasional equity user who mainly concentrates on IPO, ICICIDirect is really good option.

No one is replying to Opening Post’s or Thread Starter query. He is looking for demat (mainly) since he has holdings, always. He does trading sometimes and thus a broker which is trustworthy with regards demat is required not what everyone pays on per trade. Demat is like bank account or safety locker for one who has high holdings. Always remember that any broker, who picks phone in 1 second or who refunds brokerage or who doesn’t charge any money, no broker is immune to bad times. No one heard about karvy here, interestingly. That was one of the biggest broker scam.

IciciDirect is the best online trading platform, most user friendly, reliable, fastest and best features which no other trading platform offers.
You need to check their brokerage charges and compare with other platforms.

Prostock. No AMC for 1000 INR Refundable Deposit

I use Upstox. I am happy with it. You can apply for IPO using your bank ASBA. You can check the pricing in their site. mostly similar to other discount brokers. There is no commitments. The only thing they haven’t mentioned is if you are not trading for 6 months they may frozen your trading a/c. They want us to trading a/c transaction (buy or sell) at least once in 6 months. Applying for IPO / allotment will not be counted as trading a/c transaction.

you can compare and read review of some best Indian share brokers on site like http://comparebrokersind...om & similar sites .

I have Upxtox account. I trade for investment and do ipo from SBI a/c (as Upstox dont have IPO as of now), do MF investment through mfuonline, most in direct, already converted my regular plans which were through agents(even the mf purchased through own banks are none other than agents) (there is a huge difference in returns between direct and regular plans for long term when compounding. So some of them are very recent learnings, hence trying to mend my ways. Closed my account from Sharekhan, yearly I had shell out 500 odd for AMC charges even if there is no trading. Now upstox has come up with a new desktop version, incorporating screeing enabled trading software, dartstock. My experience has been good so far, if anyone needs any clarification, can pm. Happy to help you.

Before the investment in stocks, pay attention to your MF. As I already had mentioned, the regular plans, you are gifting away very gud sum by way of upright and trailing commissions. So without wasting further on this, open direct account either from mfuonline, kuvera etc why mfuonline, it is a one stop shop for more than 28 funds where you can invest in direct plans. Especially direct plans are very beneficial for compulsory investors in ELSS schemes.

Anyone using RK Global?

Atleast never try SBI..

Any idea which one to go for between ICICI and Kotak?

Anyone using Finvasia ?

Try 5 paisa, its a discount broker which offers ipo , mf and shares at just flat brokerage of ₹10 , m using 5paisa as well as sharekhan, if you are looking for a discount broker ,i will suggest you 5 paisa over zerodha as zerodha doesn’t offer ipo and its brokerage is 20₹ flat.