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1. jinishans   I Like It. |Report Abuse|  Link|November 13, 2007 12:11:03 AMReply
Hi All

I've sharekhan a/c for me since Feb/Mar 2007. It's a good online trading a/c. Though i've not used any other online trading, and few of the above complaints i've also faced once or twice, still i feel sharekahn is good. Because of the reasons, all the features are available with this, comission is not anything big when compared to Reliance Money/India Buills. Ofcourse ICICIDirect & Geojit are charging more, they claim they're more secure/give more info, end of the day you need to have good customer support. If you dont have to go customer support frequently, then it means, you dont face much problems. Once or twice my money also did not transfered, couple of times, for me also customer support did not connected. Everywhere these things can happen. Unless it's not repetetive, it's fine. Ive not faced them again and again. Also, we get proper and good response most of the time. I can apply IPO, do Shortsell, SquareOff just few seconds before market close, even when you start trading with high amount, they allow you in -ve.

VERY VERY GOOD ASPECT OF SHAREKHAN:
They allow eeven upto 50k - 1 lakh in Margin for couple of days (THIS IS VERY VERY IMPORTANT GOOD ASPECT I FEEL). If your a/c is expecting some money in next 1 or 2 days, theyn you can have your Margin in -ve till that date.

Eg: you bought for 5 lakhs today Reliance Natural and Sold it next day with some good profit. I dont pay that 5 lakhs during the obligation date, since i'm going to receive that amount the next day. I dont know whether this is a good aspect every online trading port is allowing. But, i make some good profit thru this feature.

Before 4months my father also opened, 1 month back on my mother's name also we've opened to just apply IPO's. We're planning to open in my brother & my wife name also. With that, we'll be having 5 Sharekhan a/c's. I dont know about other places. In Chennai, their suppor is good. I strongly recommend Sharekhan.

Tx & Regards
jinishans