Hi All.
Just wanted to share my experiences to save others from problems.
I've been trading with Sharekhan for a while and I've been pretty irritated with their slow systems which timeout all the time. However, I was used to their interface and had heard they were reliable, so I stuck with them, despite their brokerage being high.
However, I'm now looking at a loss of 30,000 because their system did not accurately report my open positions in the Turnover Report, so I ended the day on Thursday with an open position of 2 lots.
Their system timed out (as usual) while I was trying to square off and I re-squared off from the Turnover report page after logging in again. However, it seems their servers were not sync'ed correcting, so my account ended up submitting two Buy orders instead of one.
There's no way I'm going to pay high brokerages for a sub-standard system and get mugged coming and going. I now plan to close off my account on Monday and shift to someone else.
Any suggestions for a broker with a reliable and fast system and with lower brokerage?
Just wanted to share my experiences to save others from problems.
I've been trading with Sharekhan for a while and I've been pretty irritated with their slow systems which timeout all the time. However, I was used to their interface and had heard they were reliable, so I stuck with them, despite their brokerage being high.
However, I'm now looking at a loss of 30,000 because their system did not accurately report my open positions in the Turnover Report, so I ended the day on Thursday with an open position of 2 lots.
Their system timed out (as usual) while I was trying to square off and I re-squared off from the Turnover report page after logging in again. However, it seems their servers were not sync'ed correcting, so my account ended up submitting two Buy orders instead of one.
There's no way I'm going to pay high brokerages for a sub-standard system and get mugged coming and going. I now plan to close off my account on Monday and shift to someone else.
Any suggestions for a broker with a reliable and fast system and with lower brokerage?