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This is probably not the right place for thisbut since it is an important part of investing and affects returns, I am starting this post here - soliciting opinions on the best online broker to go with. This might also lead us to buy that stock as well!

I have an account with icici direct. What they dont tell you and people might be interested to know is that they also have prepaid brokerage plans which reduce your brokerage to 0. This is offered if you complain! Otherwise, I think they have everything you need for your investing which makes them a convenient one stop shop. But if others also offer all the options and charge you much less, why not make the shift. He tried to tell me that others have hidden charges which show up only when you trade.

Not sure how the others stack up. Although in terms of ease of use, I prefer Sharekhan. Brokerage is more or less the same for all three. Since most of my stock investments are long-term, the trade frequencies are comparatively low, and I use HDFC Securities for this purpose. The brokerage charge is around 0. I use zerodha account primarily for my Options trading. They offer a flat rate of Rs.

They are indeed most expensive and I am also in search of cheaper one with comparable features but as of now I am not able to find any.

Prepaid plan make sense only when your transaction value is high, for example, to make sense with their 25k prepaid plan, you should do transactions worth 15 lacs or more in a year. Their research is pathetic though. Edelweiss I choose mostly for research which is top notch and they do not follow the herd and hdfc demat account charges vs zerodha independent research on large group of small and midcaps.

Their prepaid plans are pretty good and interface very professional. I use icici direct and emkay through fundsindia. Fundsindia have been talking of including BSE listed shares on their platform for almost 6 months now, but no signs of it happening. If it does, then it will be a good platform. Am thinking of switching to HDFC Securities myself… The fat finger fiasco which happened few days ago with Emkay has already given me a scare….

I have trading accounts with HSBC as I also bank with them thereby having some degree of control over my excess funds and Edelweiss. I find 2 brokerage accounts very helpful when rolling over derivatives trades. As Rudra mentioned, Edelweiss gives you full access to their institutional research platform and has a very robust trading interface for equities, MFSS, derivatives, FX and commodities. It also has enough basic features for technical analysis that do the job and I would seriously recommend them for someone who has multiple asset class exposure.

They charge me 20 and 12 bps respectively, ex DP charges. I would consider them to be like cyclicals as well and good times may be coming. Edelweiss looks to have a very neat and powerful brokerage platform. Not sure what their reach is. I trade with Religare and I find the service, interface is good but brokerage is hdfc demat account charges vs zerodha.

I end up paying around 0. There is a AMC cost also. How does compare to what you pay as brokerage? I have recently since around months started trading with sasonline. This is across all segments, i. I have not availed it, but there is also a Rs.

I was earlier dealing with HDFC securities 0. You can also call and trade, but I think the charges for this are higher. I have never done this. Payin is through the Atom Payment Hdfc demat account charges vs zerodha Rs. They also automatically take the shares in your demat account, and provide you collateral for margin trades, if this is interesting for you. I checked HDFC sec it is showing 0. You mentioned only 0. I spoke with SAS people and it is definitely cheaper than Religare. They scheduled a demo and lets see how it goes.

Thanks for the heads up. You are right, the card rate for HDFC securities is higher. But it is negotiable. With Sasonline, you can specify any existing depository of yours for your demat account.

You can also open a demat account with them. But to sell shares in your existing demat account, you need to senda request to your DP transferring the shares to your client beneficiary account as SAS. Basket and ordinary orders before market hours are available only in the desktop version, and yeah, it would be nice to have a GTC facility, but that is not available.

There is another online brokerage, Hdfc demat account charges vs zerodha, which gets good reviews. I have not tried them, they charge 20 Rs. Maybe you can overcome some of these issues with them. Can I sell today and transfer the shares tomorrow? How to negotiate a better rate? They too charge 0. Shares which you purchase on sasonline, can be sold through sasonline seamlessly. It is only shares lying currently in your DP that you need to go through the transfer process.

I had an account with them, with a RM assigned, so it was easier. Even Kotak offers a 3-in-1 account, and even they negotiated down to 0. I also did this through my RM. Ultimately, I switched from both, because SAS was way cheaper, and the software more powerful. No way they are willing to negotiate on brokerage.

Will try going to branch and speaking. Another hdfc demat account charges vs zerodha is Religare 0. SASonline asks to have balance in account before trading, right. Need to understand more as to how they link up demat and bank acc.

Should I go for it? I like the GTC feature, good interface, free phone trading, etc. I was put off by maintaining minimum balance. Do I need to have funds in my bank account before placing order? Also I spoke with Geojit. They agreed hdfc demat account charges vs zerodha 0. Not sure if I can trust them. I have accounts with icicidirect, smc and prabhudas liladhar. Most satisfied with services and brokerage rates and honesty hdfc demat account charges vs zerodha PL people. RJ Raja Janakiraman Hi, I trade with Religare and I find the service, interface is good but brokerage is high.

Dear Ashwin I have recently since around months started trading with sasonline. So far, their customer service has also been excellent. I would recommend them. Glad to be of help. Please tell me know. The http based platform is also decent. ValuePickr Research Resources Hdfc demat account charges vs zerodha.

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12 comments Optionsscheine optionen und futures

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Let me explain what can be done with each of these accounts:. This can be done, either online or offline. In an offline Trading Account, the only way you will be able to trade is by calling your broker or by visiting his premises. At Zerodha we offer only online Trading Accounts and you will have an option to trade either through a software based platform, a web based platform or a mobile application.

So what it means is if today T day you make a profit of Rs. You can however utilize the Rs. There are no Annual Maintenance charges for a Trading Account. Dematerialized Account popularly known as Demat Account, is the account where you keep stocks in electronic format.

Similar to how a Savings Account allows you to keep money in electronic format, a Demat account allows you to keep stocks in electronic format. In essence a Demat Account is a safe storage for your stocks and this is the only use of a Demat Account. Once the stock is in your Demat Account, you can keep it for as long as you want. If you make profits you get it the next day, but if you make a loss it is debited the same day.

Demat account is not required. I have an equity trading account with Zerodha. Vishal, DP charges is in terms of debit transaction. So for eg, if you have sold 10 shares of reliance 3 times in a day, all the 30 shares at the end of the day is debited at one time from your demat, so the DP charge is only once Rs But if you sell reliance and Tata steel, you will be charged DP charges twice..

One quick question, I do not seem to find any legal embargo on having two trading accounts even with the same broker — say, one may be for my active trading whereas the other may be for my investment related portfolio. Can you pls guide me with the legal regulations restricting a broker to open two trading accounts with the same broker for the same individual? Everytime an account is opened, broker updates it on the exchange with PAN. I have a different question but related to previous thread.

Moreover I am not a client of zerodha. Is it possible to manage other person account friend account? If so, Is there any link with my account and their account and How they will pay for me for managing their account? If you want to take money for advisory, you have to become a registered investment advisor. They charge too much for the delivery based trading. I only follow buy-hold strategy for Months. If yes, normally what charges I have to incur for demat to demat shares transfer?

Once they receive, they will transfer it to your new Zerodha demat. You will have to find out from them. Siva, yes it is possible. Link your icici demat to our trading account by giving your icici client master sheet which they would have sent to you when you have opened the account with them. Once it is mapped to your trading account, you can start buying as CNC, so everytime you buy shares it is sent to your icici demat, but when you want to sell these shares, you have to do it through icici..

So by mentioning existing ICICI demat account id in the account opening form, will the zerodha trading account be linked to the icici demat account? You might have received such an email from ICICI or if you login to your trading account it should also be updated in your user profile, you can take a snapshot of this and print it out….

I have a demat account in Ventura. Yes you can link your ventura demat to Zerodha trading account, so this way you can take delivery, but to sell it from your demat you will have to use the ventura trading account.. Do you offer such an account? Do you allow BSDA account at present? But to be eligible for BSDA, you need to have only 1 demat account and your holdings should never exceed Rs 2lks.

If either of the above happens, in that case the applicable AMC will be charged. What will be the AMC charged if it crosses 2Lacs? Would you also charge demat account opening fees retrospectively if BSDA goes above 2 lacs limit?

We have received your request and created the ticket You can click on the link to view and track the progress of your ticket online. Really sorry about any inconvenience caused Yuvesh.

Let me check with our team first thing tomorrow morning and get them to call you back. Or in CNC order taking delivery I will charged differently. Note that for a BSDA, your holdings cannot be worth more than 2 lakh rupees. If you cross this limit, the account automatically becomes a regular demat account. The trading platform we offer is called Zerodha Trader software , Zerodha Web webbased and Zerodha mobile. Yes like other brokers when you place an order on the platform it is sent directly to the exchanges..

You get margin from your demat account based on NSE haircut margins. Yes shailendar, you will be able to buy through both icici and zerodha. But while selling, you will have to do it only through icici. Demat is very similar to your bank account, you can receive money from any account, but when you are transferring it out you have to use your primary bank..

I am currently outside India, so will the attestation of photocopy of my passport done by a competent authority in my current location, be a accepted by zerodha as a valid address proof? Yes that should do, we will accept that as an address proof, we would also do an In person verification over a webcam once your forms are here based on your convenience.

If this process was already done by another broker then it will not be required to do an IPV.. I am outside india as well. I do not have my permanent Indian address in the passport. And FYI, i have icicidirect 3 in 1 account already and like to move to Zerodha.

I am more of a investor than a trader. You will need to map this PIS of yours with our trading account. When you do this, ICICI will share your account balance with us which will be updated on the trading platform, everytime you buy or sell, we will report the contract notes to ICICI and they will release the funds or when you sell the funds will automatically get credited to your ICICI Bank account.

So yes you can use your international address, but you will have to give us a declaration that you are an Indian resident. I have demat account with geojit bnp paribhas. I have opened trading account with zerodha but is not activated due to inperson verification. I have demat and trading account with geojit bnp paribhas which have done my in person verification. Do i still require ipv…. But if there is any mismatch in the KRA to the documents you have provided, it will have to be done again.

With that account whether she can trade in currency. If yes how to activate this service in that acount? Currency would most likely be enabled if while opening the trading account your wife had signed next to currency segment.

To know if you are enabled or not, log into backoffice and see in your user profile. The other way to find if you are enabled or not is while adding scrip on your market watch, if you see CDS, then it means it is enabled. If not enabled, you will have to sign the segment addition document and courier it to us. The form is available on https: I have some shares in that DMAT account.

If it is not possible, Am I allowed to open only trading account with Zerodha. You can also open only trading account with us, but the issue with this will be that when you buy shares it will go to your idbi demat, but you cannot sell the shares sitting in your idbi demat using the zerodha trading account..

Thanks for the reply. I have some follow up questions. I am thinking of opening a trading account with Zerodha for only for intraday and derivatives options trading. Am I allowed to have two trading accounts one with Zerodha and the other with another broker 2. If I am allowed, will I be able to operate my existing account the way I am doing today or will I have restrictions on that account. I don;t intend to buy shares for delivery throuh Zerodha trading account.

However if in any circumstances, if I buy them how will I sell them. Yes Kumari, you can have as many trading accounts as you want. You could just open a trading account with us. Your existing IDBI account will continue to operate just the way it is now, nothing will change. When you link your idbi demat to your zerodha trading account, whenever you buy stocks, the stocks will be delivered to your idbi demat account.

You can then sell it using the idbi trading account. Dear sir, I wanna join zerodha as an investor cum trader. I have some doubts. Please answer if time permits…. I want to know whether there are any option for lifetime AMC free for demat account. How can we transfer funds both in and out to zerodha trading account.

Which banks are registered for fund transfer.