Difference between Demat accounts (sbi, icici) and discounted account (Zerodha, RKSV)

[noviceji]

I want to invest in stock market(less than 20k rs) and for that purpose i have to open a demat account(online). i am a novice and dont know much about trading and trading accounts. while searching net i came across sbi, icici direct, zerodha and rksv accounts. The problem is zerodha and rksv is called as discounted trading account (i dont know what it is) where as sbi and icici is called demat account. so if i want to start a trading account which of these four accounts should i open? which of the above four account is best for a person whose investment is less than 20000rs? I personally like SBI because of its reputation as a efficient banker, whether sbi is good for a investor like me.

 

[Trader987]

Re: Difference between Demat accounts (sbi, icici) and discounted account (Zerodha, R

If you are investor then better to go with full service broker like icici or sbi...
If you are going to trade actively then use discount broker..:thumb:

 

[test123]

Re: Difference between Demat accounts (sbi, icici) and discounted account (Zerodha, R

well it;s personnel choice but if investment was 20K i would go with reputed discount brokers.

Zerodha / rksv both good. and more then 3 yrs old

 

[niftyexceltrader]

Re: Difference between Demat accounts (sbi, icici) and discounted account (Zerodha, R

Go with discount brokers as their brokerage will be minimum for investment purpose.

 

[Trader987]

Re: Difference between Demat accounts (sbi, icici) and discounted account (Zerodha, R

well it;s personnel choice but if investment was 20K i would go with reputed discount brokers.

Zerodha / rksv both good. and more then 3 yrs old

Yes...So far in this new year zerodha is providing really good service...!:thumb:

 

[Biker]

Re: Difference between Demat accounts (sbi, icici) and discounted account (Zerodha, R

demat of zerodha and rksv (il&fs) is a big crap. any people keep signing poa without understanding the implications.