Stock Trading and Other Things

What things should I consider while selecting the agency(ICICIDirect,ShareKhan) for Online Trading/DMAT accoun

Hi all ,
I want to open an Online Trading / DMAT account ? What things should I need to consider while selecting the agency like ICICIDirect, ShareKhan ? If I do have saving account in a bank say ICICI bank, then will it make any difference if I open with ICICIDirect ? Can you suggest which one will be good to open considering I will only be doing part-time trading.

Public Comments

1. Hi,

You need to take into account how u r going to play with the mkt. R u going to do mostly delivery based or Trading? Depending on that u sld select which 1 is providing more benefits.

It won`t make any diff in monetory terms if u already have an icici bank acnt while opening a Demat acnt with Direct, but if u r going to open with Direct then it`ll b easier for u while transffering money bet yr Demat n Bank acnt. Even if u dn`t have an acnt, icici direct will provide u a saving accnt.

For more detailed info u can look into: http://answers.yahoo.com/question/index;_ylt=AlB5cziBTRmmNSc6vyLxy56vxQt.;_ylv=3?qid=20080327232510AA2NkEM

Njoy,
Raj