Published on Saturday, December 3, 2011 by Business Line
We can help you find the right broker for your trading needs.
Thinking of opening a stock broking account? You may be spoilt for choice, yet, finding a broker who suits your needs can be quite a challenge . Here is a low down on how to zero-in on the right broker.
To best understand your investment style, answer the following questions:
Find out from friends and relatives about their brokers and use their experiences to arrive at a list of prospective brokers. Next, jot down what you would expect from your future broker. You can answer these questions to begin with:
Finally, contact the brokers left on your list and meet their sales personnel. Clarify any and all doubts; do not hesitate to ask questions. It will help you get a better picture about the broker.
The last step is to zero-in on a broker who fulfils most of your requirements. For instanceif you are a trader who likes to be on his own, an online account with hi-tech trading software can be considered. Beginners may place more priority on customer service and research inputs.
Remember always to go with a broker who is well-established and carries a good track record. The process may take a while , but remember it is your money. Always better off safe than sorry!
Visit Comparison of Online Share Brokers in India for more detail.
Free Equity Delivery Trades
Flat 20 Per Trade
Get 100% brokerage refund if in 60 days you have made net profits
Leading Retail Broker in India
Rs 0 account opening fee on Demat Acct + 20% OFF on online trading
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Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty