Comments on: Review of all stock brokers’

By: Aakash

Aakash — Wed, 11 Jan 2012 04:47:05 +0000

I have been trading with Edelweiss.in since the last one year. They have a fantastic online website – http://www.edelweiss.in
A lot of value adds – very good portfolio and customer service. Would recommend this to my fellow colleagues.

By: Miya Bhai

Miya Bhai — Mon, 24 Oct 2011 11:14:45 +0000

Assalamualaykum…

Hmmmmm I see, im den left with ShareKhan and Edelweiss

By: Shabbir Bhimani

Shabbir Bhimani — Sun, 23 Oct 2011 03:06:40 +0000

I have shared the one I have account with and now it is your choice to get the one that suits your needs the best

By: Miya Bhai

Miya Bhai — Sat, 22 Oct 2011 22:00:23 +0000

Assalamualaykum bro.

My research gave me some results….

CD Equities, offers 1ps Intraday/10ps Delivery.
Advance brockerage 1000-10,000
A/c opening+AMC xtra
Delivery Exposure T+5

ShareKhan offers 2ps Intraday/20ps Delivery.
750 A/c opening+AMC.

Edelweiss offers 2ps Intraday/20ps Delivery for Rs10,000 Advance Brockerage. Or 3ps/30ps for normal candidates. Edelweiss is famous for being a equities-research-group. I saw their articles in Economic Times, and they promise to give best research reports to users exclusively.

Ventura – 1p/10p for Rs 10,000 Advance Brockerage. Delivery Exposure-T+1

Kotak 2ps/20ps for Rs10,000 Advance Brockerage.
3-in-1 A/c -Demat/Equity

———————–

I intend to do only Online Trading-Self.
I do my own research & dont need PMS.

Kindly suggest a good firm, which is reliable for non-stop and hassle free service. I got bad info abt many companies, so I feel a bit hesistant to start with anybody

I liked Edelweiss for their research reports

I liked ShareKhan for their Old-n-gold service

I liked CD Equities for 1p/10p

Kindly tell “US” something good

Assalamualaykum

By: lisahenry

lisahenry — Tue, 14 Jun 2011 08:01:00 +0000

Thanks, you suggestion is very help to me also and I know foreign exchange market is a 24-hour market that involves currency trading.

By: ruaninvestor

ruaninvestor — Wed, 30 Mar 2011 03:45:32 +0000

Thanks, Thats a nice suggestion but I think the tips are always good when executed with the investment objective. The problem is I do not use them and so I cannot comment on them

By: Shabbir Bhimani

Shabbir Bhimani — Mon, 28 Mar 2011 06:31:44 +0000

I will suggest you to avoid stock market especially directly investing in stock with only 1500 per month.

By: govind

govind — Mon, 28 Mar 2011 06:22:23 +0000

Hi Mr. Bhimani,
I am new to this and want to learn more about stock market. even subscribed ur website. ur articles were good. actually wanna to know more about other thing like demat account avaialable other than u mentioned, how to analyse the market, etc.
now the priority is about demat accounts as i am receiveing numbers of call from different broker like kotak securities, axis direct, http://www.cdequi.com, edelweiss, bme wealth creator, angel broking services, can u please help me out out of these which is more suitable for me.
i am a small investor. can save 1500 every month for stock. not interested in MF. Looking to become a good investor with period of time.
i will be thankful for ur effort.
have a great day sir

By: Shabbir Bhimani

Shabbir Bhimani — Tue, 22 Feb 2011 01:15:02 +0000

Gautam, brokerage is not the only thing for choosing the broker or else I could have recommended InteractiveBrokers to everybody.

By: Gautam

Gautam — Mon, 21 Feb 2011 19:00:24 +0000

Shabbir,

This review did lack a lot of street smart ways to negotiate the brokerage.
See, when deciding the broker, you first need to decide the facilities that you will be needing, like,
you prefer phone based trading or internet based trading….
Intraday vs Delivery….
accessing from multiple sites (office, home or on mobile when traveling) or from a single site (your home desktop only)…

And the way to negotiate for the brokerage is the MARGIN you can issue initially….this is the key to get down the brokerage upto unbelievable levels….
How this works is, if you have 10,000 as initial margin, lets say, you will get 7paise(intraday)/45paisa(delivery) for first leg and 0 paisa/45 paisa for second leg….
If you can pay 25000 as the margin, this can be 5paisa/35paisa and 0 paisa/35paisa…
If you can get 100,000 margin, this can be 3 paisa/25 paisa and 0paisa/25paisa…
If you can give 200,000 margin, this can be 2 paisa/15paisa and 0paisa/15paisa for second leg…

All this has been just an illustration to explain to you how it works…
If you have good understanding of human behaviour and combined with negotiation skills….you can land up 1p/10p and 1p/1p (yes 1paisa on second leg for both)…..
Best of luck…

By: Shabbir Bhimani

Shabbir Bhimani — Fri, 14 Jan 2011 03:47:35 +0000

For Mutual funds ShareKhan is the best as they offer all for free online.

By: Kalyan

Kalyan — Thu, 13 Jan 2011 18:11:55 +0000

I am planning to invest in mutual funds, but confused about through whom I should buy it.
On internet I came across- fundsindia.
Can anyone give me review about it?
Also which one will be the best brokerage firm to go with?
And what will be the charges?

By: Pradip kumar ray

Pradip kumar ray — Mon, 06 Dec 2010 14:34:09 +0000

Angel is worst in Calcutta. Anand Rathi Trade Express and IIFL web based platform are useless. But position,Net value,Holdings.Off lne call service etc r good for IIFL.Kotak is another absolutely no no. I am not too sure about Guinees,Karuna etc.

By: Shabbir Bhimani

Shabbir Bhimani — Tue, 23 Nov 2010 09:56:45 +0000

Manoj, I can only say what has worked for me but if you don’t have 100k to trade I will suggest you start with mutual funds.

By: manoj

manoj — Tue, 23 Nov 2010 09:29:20 +0000

Can u comment anything about angel broking?????
I am a small investor new to stock market my investment is small and i want to play short term can u plz tell me shabbir which stock broker will be good for me…..