Less brokerage and AMC free trading account
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Dear Dimers,
Kindly suggest a good securities company to open trading and demat accounts with less brokerage and AMC free/less.
I am currently with kotak but their AMC charged are 750/year and trade hardly once a year.
Heard about zerodha.
Thanks
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They have only web interface as they do not have application based so I guess there will be slight time delay for updates
Zerodha is good. Also heard about invasia which is absolutely free but I would recommend Zerodha.
Upstox not good I had some amt in available to trade section now it’s shows zero and is down from morning
Please tell your requirements.
I’m using upstox. But I won’t personally recommend it.It crashes a lot in crucial times and orders don’t get executed . Btw if you’re a small trader(holdings less than 50k/whatever i amount i don’t know) then you can open a bsda account with some discount broker. (I’m not pro in this segment but providing info on just what i know).
I think zerodha is better. (Note that word, I think)
Don’t go with Upstox, it sucks!
Called up zerodha for opening and asked them for brokerage calculator which the exec promised to send by mail since yesterday…seems they are busy even after calling 4-5 times…ivr informed will get a revert call as they are busy due to shortage of staff
It is available online on their website.
You can look for finvasia. Brokerage and AMC, both are zero with them.
Adding list of charges here: https://zerodha.com/charges#tab-eq...es
Kotak is not bad for unlimited trading plan, if you’re looking for alternative unlimited trading with low charge, finvasia would be a better option.
I am using finvasia it is great
Do they provide demat as well?
And can IPO be applied through them ?
which discount broker provides margin for trading and bsda account? i guess zerodha doesn’t provide any margin.
upstox