Top 10 trading accounts in india
I opened my first demat account in just after getting my first job. I was excited to invest in the stock markets. Because my trading volume was very low and my overall investment in stock market was less than 1,00, rupees.
It was easy to transfer funds from my saving account top 10 trading accounts in india demat account, so the high transaction charges did not bother me. A trading account is used to place buy or sell top 10 trading accounts in india in the stock market. Demat means dematerialising shares into digital format rather than on physical paper. If you are long term investor, then you must read the most insightful article — 7 Smart Steps to Start Investing in Stock Markets even if you have just Rs.
Give high amount of initial cheque when opening the demat account. You can withdraw the money back to your saving account once the account is opened. But you will be able to negotiate for the lowest possible brokerage with Angel Broking or anyone that you select. I gave the first cheque of 1,00, Rupees and got the 0. There is no compulsion to invest money immediately, you can safely invest whatever you want, even if you want to start with Rs. InI started investing heavily into stock markets.
My trading volume is low because I prefer to buy shares for long term. For high trading volume you can open an account with 5Paisa You can Click here to open account with 5Paisa.
You can read the detailed review of demat accounts and decide which is the best trading platform for you. Unlike other demat and trading platforms, 5 Paisa offers flat Rs. No matter how much you buy. You will not be charged based on any percentage.
Click Here to open an account with 5Paisa. In either case, you will save a lot of money from the saving from your trade charges. Account opening is very easy and convenient. You fill up simple online form and they will come to collect your documents. Direct link to Fill up online application for 5Paisa Account. Angel broking is one of the oldest brokerage company in India having established network branches in over cities.
At present angel broking providing service to more than 10,00, customers. I negotiated the brokerage charges at the top 10 trading accounts in india of account opening by giving a high amount of opening cheque. Aditya Birla is relatively new in the market so I am not sure about their customer support. I am listing here because of their affordable pricing and good brand name. If your fed up with paying annual maintenance charges to the brokerage companies, then you top 10 trading accounts in india consider Aditya Birla demat account.
Currently, Aditya Birla offers demat-cum-trading account with no annual maintenance charges for 5 years. For this, you have to pay one time demat account opening charges of Rs Apply for the Aditya Birla Account by clicking here.
ADM offers terminal based, top 10 trading accounts in india based and mobile app based trading to its customers. Other then trading platform ADM is providing a portfolio tracker and online analytical for better decision making.
You can also Access all account related information like portfolio tracker, capital gains, statement top 10 trading accounts in india accounts and DP Holdings and. RSL is a wholly owned subsidiary of religare enterprise. RSL is a diversified financial service group which serving more than 8 lakh across both online and offline platforms.
RSL offers broking services in equity, currency and commodity along with depository top 10 trading accounts in india services. Kotak securities demat account offers a single account to hold certificates of your financial instruments like shares, bonds, government securities, mutual funds, and exchange-traded funds ETFs. Kotak securities provide a single platform for investments in equities, mutual funds, and currency derivatives.
It also offers margin against securities using shares in your top 10 trading accounts in india account. Available margin can be used for any of the three segments.
If you are looking for the broker advice then Kotak broker also provide daily alerts, economic reports and customizable Research Reports to its clients. Sharekhan is one of the leading online brokerage company having more than 12 lakh customer base.
Presently company has providing service from more than offices across cities. This account has the features like multiple watch lists, real-time portfolio tracking with price alerts and integrated banking. Motilal oswal financial services is at the third position in the list of best demat accounts in India. Presently the company has more than business top 10 trading accounts in india with over 7.
Zerodha is one of the largest discount broker having more than Over 1. Zerodha is best for the small investors because there is no minimum charges of brokerage per trade.
The brokerage rate is 0. This will lead you in saving on brokerage. Their main business review comes from derivatives, hence they have decided to charge zero brokerage on delivery. Zerodha also offers a 60 Day Challenge. If a trader is net profitable in a 60 day period, all the brokerage charged to him will be refunded. Maximum brokerage reversal is capped at Rs per challenge.
You should not open Zerodha account just because it offers lowest rates. I do not have any account with Zerodha because I am not a trader. You should open Zerodha if your trade volume is more than 1Cr per year. Ventura is a full service broking company which provides service to clients to invest in equity, equity derivatives, commodities, mutual funds, fixed income products and currency futures.
I am Ventura customer for a long time. Their windows based trading platform is also good. You will need a little trading before starting your trading on their platform. Ventura charge different brokerage rate depends upon the plan that you will choose. You have to pay the plan amount at the account opening time. Your brokerage will be adjusted against deposit throughout the year. ICICI direct is one the largest share brokerage company having more than 20 lakh customers.
A variable percentage of brokerage is charged on basis of quarterly turnover. Higher the turnover, lesser will be the brokerage. A fixed percentage of brokerage is charged on turnover. There is no turnover based slab rates like I- saver plan. You have to pay prepaid brokerage under this plan. The brokerage rate is lesser as compare to the other two plan. HDFC securities provides 3-in-1 account which integrate your saving account, trading account and demat account.
I tried to collect all required information in a single article. I would like to know which account you liked.
Kindly let me know in the comments. For high volume trading, the first preference should be 5Paisa. AngelBrokingthat provide you reliable trading platforms and awesome customer support.
Avoid the common mistakes that I also did in the past and lost my money. I have written an article on how to avoid common mistakes in share market. You must read how to start investing in the indian stock market even if you have only Rs. How to open account and operate them. Request you to also review demat account provided by Yes bank. Excellent compilation of various options available in the market.
Thanks for this insightful write-up. Zerodha is one of the best. Everyone should open an account in zerodha. It is best and application is also best comparing to others. They have indepth knowledge on each segment. An old organisation has the expertise and total paisa vassool.
Your email address will not be published. Notify me of followup comments via e-mail. You can also subscribe without commenting. I started CashOverflow in and it has changed my life beyond my expectations. Start Your Online Business. Additional menu Last Updated: Mar 2, I opened my first demat account in just after getting my first job.
If you want to invest in stocks or mutual funds or IPOs you would trade them through your full services demat account. There are several stock brokers offering demat and trading account. Some are offering 3-in-1 trading and demat account. Some of them have unique features. Who are the best demat account providers in offering full services in India?
Which is the Best Demat Account in in India? In this article I would provide Top 5 Stock Brokers offering 3-in-1 Demat and trading account and also 5 Best Demat Account providers offered trading and demat account. Discount Stock brokers offer demat account with low charges. However they offer only stocks, futures and currency trading. Some of the full service stock brokers offer 3-in-1 trading account too.
Who should consider opening these full service demat accounts in India in ? If you are top 10 trading accounts in india to the investment world, you can consider opening one of these demat accounts. If you are already existing investor, but do not want to have too many accounts to float, you can consider opening these demat accounts. To whom these demat accounts may not be useful? If you are daily trader or trades high volume, these are not for you.
Daily traders trade very high volume and even small brokerage can eat away their profits, hence they can stay away from such demat accounts. There are stock brokers who are offering 3-in-1 account i. Demat, Trading and Savings Bank Account.
This gives you easy access to your funds to trade and utilize funds when you need. Its features are very simple to use, hence it has become popular stock broker offering demat account in India. Here are the features of this demat account. Account opening charges — Rs Demat Account Annual Charges — Rs Brokerage charges for Equity Trading — 0.
Brokerage charges for Equity Intraday — 0. Brokerage charges for Equity Futures — 0. Brokerage charges for Equity Options— Rs 95 per contract. Brokerage charges for Currency Futures — 0. Brokerage charges for Currency Options — Rs 25 per contract. Some of the good features: It uses trading racer platform which is very fast top 10 trading accounts in india to other platforms and even simple to use.
This would be useful if you want to sell or buy a stock at fixed price till that reaches irrespective it is today or tomorrow or after 3 months. Free stock recommendations from their advisory board. Brokerage charges for Equity trading — top 10 trading accounts in india. Brokerage charges for Equity Options— Rs per contract. Brokerage charges top 10 trading accounts in india Currency Futures — Rs 23 per contract.
Brokerage charges for Currency Options — Rs 23 per contract. If you trade heavily on currency, you can opt for this demat and top 10 trading accounts in india account. Here are the features of the demat account. Brokerage charges for Equity Brokerage — 0. Brokerage charges for Equity Options— Rs per lot. Brokerage charges for Currency Options — Rs 30 per lot. Brokerage charges for Currency Options — Rs per lot.
These stock brokers does not offer savings bank account not 3-in-1 accounts. They just offer trading and demat account but they are full service brokers. Top 6— Motilal Oswal Demat Account. You can open Motilal Oswal Demat Account in 15 minutes which top 10 trading accounts in india paperless. Account opening charges — Rs 0.
Brokerage charges for Equity Delivery — 0. Limited information is top 10 trading accounts in india on this demat account. The research reports are of great help as their stock recommendations are solid. You may also like: Best Stocks to buy in that would benefit from GST. Top 7— Nirmal Bang — Basic Plan. Brokerage charges for Equity Options— Rs 35 per lot. Brokerage charges for Currency Options — Rs 20 per lot.
Low charges for equity or futures makes this top 10 trading accounts in india account as unique. Account opening charges — Rs 1, Brokerage charges for Equity Options— Rs 70 per lot. Low charges for equity or futures, makes this demat account as unique.
Top 9— Aditya Birla — iDecide Plan. Brokerage charges for Equity Options— Rs 50 per lot. Even this plan offers Low charges for equity or futures. Good for investors who invest on regular basis.
Top 10— IndiaBulls — Power — Trading and demat account. I opened 3-in-1 account with ICICIDirect almost 15 years back as it provides access to all services like stock trading, futures trading, mutual fund investments, fixed deposits and IPOs. You should consider opening demat account based on your investment style and low brokerage for the investment options which you generally trade. If you enjoyed this article, share it with your friends and colleagues through Face book and Twitter.
Recently I closed my trading account from angel broking ltd. I have a question that what about my demat account number then,Is it also closed with trading account? Also I would like to know about the debenture which I invested in a pvt financial company as I invested in debentures on the basis of demat number which was given me by angel broking before closing trading account.
Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. July 27, at 5: July 26, at 6: July 29, at 7: It is discount broker. This article is for full service brokers.
July 20, at 2: Sir Recently I closed my trading account from angel broking ltd. July 20, at 1: Leave a Reply Cancel reply Your email address will not be published.