Poll: How you Rate Them

[mangesh1982]

Plz,rate ur brokering house from 1-5 under the following headings

1)Connectivity
2)Graphical User Interface of the website
3)Transaction Time
4)Connectivity/Transaction Time during peak hours(opening/closing).
5)Ease of opening the Demat accounts with them.
6)Marjins or ny other such facilities.
7)Brokerage Charges(Delivery/Sqaure Off Trades)
8)Professional services such as information,guidance etc.

I will be doing a doing a comparative analysis with the help of quantitative tools,the result of which will be posted here.So Do participate as this will be a gr8 help to me..

 

[pakatil]

Well I trade with ICICI-Direct & Religare.

ICICI-Direct:

1)Connectivity = 3
2)Graphical User Interface of the website = 4
3)Transaction Time = 4
4)Connectivity/Transaction Time during peak hours(opening/closing). = 2
5)Ease of opening the Demat accounts with them. = 4
6)Marjins or ny other such facilities. = 3
7)Brokerage Charges(Delivery/Sqaure Off Trades) = 1
8)Professional services such as informa = 2

Religare:

1)Connectivity = 4
2)Graphical User Interface of the website = 4
3)Transaction Time = 4
4)Connectivity/Transaction Time during peak hours(opening/closing). = 4
5)Ease of opening the Demat accounts with them. = 5
6)Marjins or ny other such facilities. = 4
7)Brokerage Charges(Delivery/Sqaure Off Trades) = 4
8)Professional services such as informa = 3

Cheers
PAKatil

 

[hitesh.v]

@ pakatil.

Hello there,

Since how long r u using religare? I currently trade using icici, and am not completely satisfied with it due to their brokerage charges. Should i switch?

 

[pakatil]

@hitesh,

I am using Religare since two months. Quite happy with connectivity & interface. BTW the Brokerage is far less than ICICI. Give it a Try, you won't regret.

Cheers
PAKatil

 

[pakatil]

@Hitesh,

Forgot to add Brokerage Rates. ICICI charges 0.75 for Cash & 0.05 for Margin.
In Releigare it is 0.5 for Cash & 0.05 for Intraday. If you opt for Freedom Plan wherein subscription is 4000/- PA, Brokerage is 0.3 for Cash & 0.03 for Intraday. Along with this, on each Day no Brokerage charges for upto 100000/- on NSEIntraday, BSE Intraday & NSE Fno Trades.

Cheers
PAKatil

 

[hitesh.v]

@ pakatil.
Thanks very much for the details.

 

[chandresh]

@ pakatil.

Hi
I am trading with ICICI Direct in commodity, i just started 2 months ago, my fwe other friends do play in commodities but with another broker.
As per his sayings, his broker is charging damn less then ICICI, also for commodts ICICI does in NCDEX exchange and does not have anything coming up to do with MCX exchng...

In brief I would love to switch my trading things with any other broker then ICICI but not sure where to look for.

Some brief ICICI commodt trade details -
1) per buying and selling it charges Rs.20/- so tradeoff is Rs.40/- + some Taxes which goes to nearly Rs. 44.9/-
** Other brokers charge Rs.20/- for tradeoff... no other charges...

2) ICICI - only NCDEX exchange..
** other brkrs do - NCDEX & MCX also...

Any help on suggesting some brokers who could give facility to trade from home would be great...

thanks friends

 

[mangesh1982]

Guys Guys i need ur help..
Plz reply to this thread!!

 

[visagar]

icicidirect scores a 0 in all the criteria you mentioned, therefore avoid it like a pest.

 

[Prashant]

Kotak Securities
1)Connectivity - 1
2)Graphical User Interface of the website - 1
3)Transaction Time - 1
4)Connectivity/Transaction Time during peak hours(opening/closing). - 0
5)Ease of opening the Demat accounts with them. - 0
6)Marjins or ny other such facilities. - 1
7)Brokerage Charges(Delivery/Sqaure Off Trades) - 1
8)Professional services such as information,guidance etc. - 0

India Infoline
1)Connectivity - 4
2)Graphical User Interface of the website - 5
3)Transaction Time - 4
4)Connectivity/Transaction Time during peak hours(opening/closing). - 1
5)Ease of opening the Demat accounts with them. - 3
6)Marjins or ny other such facilities. - 3
7)Brokerage Charges(Delivery/Sqaure Off Trades) - 2
8)Professional services such as information,guidance etc. - 4