3 Responses

1. Sweet Sheri

   January 21st, 2010 at 4:23 pm

   1

   Sandeep,
   The criteria to select an online trading account is basically on some factors:
   1. The cost of opening and maintaining the accounts.
   2. The brokerage and commission for each buy and sell
   3. Customer service facility
   4. Special features like off-line order posting, information on funds, access to the buy/sell account etc..
   5. Bank account linking facilities… I mean number of approved banks you can link those account with this trading AC
   6. Speed of the portal
   The above details are vary upon broker to broker.
   You can collect above data from the following 10 well known broking services. Then compare them. You can certainly take a well decision.
   1. Reliance Money
   2. ICICI Direct
   3. India Bulls securities
   4. UTI Securitis
   5. Emkay
   6. Motilal Oswal
   7. Geojit
   8. Anand Rathi Securities
   9. IL & LS investsmart
   10. Religare
   It is better to do a research yourself to find out a best company to start your account with. If you ask to 100 people, certainly you will get 100 different answers and that will confuse you further.
   Make the self research as a practice to your life. If you are not able to do something, then only go to the well knowledgeable and experienced advisor’s.
   So, That’s all. Best wishes and thanks for the good question…. take care and go ahead.

2. venkat.p

   January 21st, 2010 at 5:58 pm

   2

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3. Amit ®™

   January 21st, 2010 at 9:40 pm

   3

   All Demat and OTR accounts come with zero balance facility.
   India Infoline offers brokerage @0.25% on delivery trade and 0.05% for intraday trading.
   But I’ll suggest you to open a 3-in-1 account with SBI, coz it’s secured.