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Please don't open account in ICICI DIRECT BECAUSE it is too slow during market hours, and brokerage is tooo highhhh . and it sometimes hang when you pick a share in intraday when one recommend you to buy . you loose money if one open a/c in ICICI. eg : as said by Akshay. One can open demate a/c in Indiainfoline . it has Trader terminal for high volume day traders very fast and reliable and brokerage is .05 pisa in intraday and around .40 paisa to .50 paisa in delevery. I am now closing icici demate and switch to indiainfoline.