Which online trading account to use in India?Post your favourite !

This is real small question..

There are many companies in India providing online trading account.

I asked fellow users if they are using any then please provide its details and why they are using it.
Details may include :
1. Type of software
2. Their brokerage rates
3. Initial charges
4. Summary of Facilities including any extra fun.
5. How much trading allowed ie. what percent.
6. Any other thing you want to mention.

Note: You can ask me to make changes in above if its not the right way.

I use HDFC securities.
There is no particular reason for that but actually I have account with HDFC from long so I preferred HDFC.

They have .5 brokerage for Delivery and .1 for Intraday.
They have high intraday as compared to most of the other player in market as compared to 0.05 for intraday.

what about new trading platforms?do they give any better options in their software for online trading?i hear about ICICI direct and Reliance Money Super Trade

yes u can invest in relaince money super trade and icici direct but i advice you read this article.

http://www.articlesbase.com/banking-...g-1977079.html

icici direct is better and easy in use.

what about new platforms like money bhai investor and 5paise?are their tolls better than icici and reliance money super trade?

also talk about brokerage charges and hidden charges!

here are your brokerage charges for reliance money super trade bond!
http://financialawarenessportal.com/...eliance-money/

Several of you trying to choose an online broker and open an online trading account must have been frustrated trying to search for the exact brokerage charges charged by various online brokers. But the fact is the brokerage charged by the same broker varies and in several cases is negotiable. For example if you go and tell a brokerage house that you are going to deposit 2 lakh rupees and try to convince them you are going to trade heavily, they might consider reducing your brokerage.

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

Hello Friends,

Good Day!

Look forward to getting some valued tips on selecting of stocks for day-to-day trading (assuming it is allowed) as deciding to go for d2d trading in good stocks with govt. recognized Stock Holding Company.

This could be online trading and selection of stocks to be informed by phone, what is the entire procedure of doing such day to day trading online by phone instructions to one's trading company?

Do hope to get encouraging tips and guidance as to make this start worth-while one.

check out reviews of moneybhai investor,reliance money super trade and icici direct!

i have checked all reviews on mouthshut and other sites.supertrade looks good!

Thanks for the suggestions Jai Kumar and Pawan Kumar, would look at those sites and do share any tips you might have out here for friends to use and gain from.:)

Have a nice day :)

Important notes of paper trading practice -
i. It is not possible to get success (profit) in single attempt or even in multiple attempts or

even in multiple days or even in multiple weeks
and so on. So keep doing paper trading practice unless you get success and then start your

actual day trading.

ii. Success is all depends on your ability, how fast you learn to analyze the market and

specific share, how fast you learn to reduce the
impact of emotions like greed and fear and avoid panic in your trading activities.

iii. Don’t start doing actual day trading unless you get success in paper trading. Otherwise,

you will end up in making losses

iv. Keep doing paper trading unless and until you start getting profits on and an average one

month. If you are not confident then keep
practicing until you get confidence and profit.

v. Check by analyzing different shares like low price shares, high price shares and check how

fast and easy is to enter and exit from the
trade. Everyone has their own abilities and qualities.
It is very important for fast entry and exiting in day trading.

vi. If possible make notes of your experience and try to get as much as experience of the market

and specific shares.

vii. Do whatever you want to do on paper trading, feel all type of experience, do hundreds of

thousands of trade, this is your learning
phase and you are not risking your money so feel the experience of both profits and losses

because once you start trading with your
actual money then you have to do only specific and selected trade which is explained in our

session of “practical ways of day
trading”.

viii. To get sure successes strictly follow “Analyze, Wait, Watch and Trade” strategy.

plz consider these points:
Ease of Use
Investors come from all lifestyles; a superb service accommodates everyone regardless of their knowledge of computers, the Internet or trading online. Accommodations may include a navigational website, in–depth tutorials or one–on–one training.

Support/Customer Service
Trading is complicated and risky, it is extremely important that online stock trading services provide good and immediate customer service by telephone, email, instant and chat and more.