ICICI Direct has been our example
throughout this article and they are without doubt one of the best. They normally give you
three accounts
1. savings, 2. trading 3. DMAT. With these three accounts you are ready to
go. Through their extensive demo sections available online at
icicidirect, you can begin to
trade fairly easily.
Apart from ICICI
online trading service which can be visited at
icicidirect.com, there are
many other well known share trading facilitators in India. Some of those
have been listed below. A serious evaluation of their services, charges, and
efficiency is beyond our scope and intention.
Sharekhan - Headquartered in Mumbai, they have branches across
the country and these branches provide full fledged services to its members.
Portal address is
sahrekhan.com. "SSKI, a veteran equities solutions company
with over eight decades of experience in the Indian stock markets" they
state on their website. They also proclaim that "they help you make informed
decisions and simplifies stock investments". "In fact Sharekhan runs India's
largest chain of share shops with over hundred outlets across 213 cities!"
according to them.
Geojit -
Geojit is another well known name. Like sharekhan,
they also have countrywide branches and offices overseas. From their
website: "Mr. C.J. George and Mr. Ranajit Kanjilal founded Geojit as a
partnership firm in the year 1987."
They also have major operations in the
United Arab Emirates. " Barjeel Geojit Securities, LLC, Dubai,
is a joint venture of Geojit with Al Saud Group belonging to Sultan bin Saud
Al Qassemi having diversified interests in the area of equity markets, real
estates and trading". They are headquartered in Kochi in Kerala. They have a
vast presence in Kerala and the rest of the country.
Karvy -
Karvy is another big name stock broker. However they
don't seems to have possession of an
impressive portal as Sharekhan or Geojit.
Motilal
Oswal - They have a very impressive portal. Their site claims "
Motilal Oswal Securities is a leading research and advisory based stock
broking house of India, with a dominant position in both institutional and
retail broking. Asiamoney Brokers Poll 2005 has ranked us the best Indian
brokerage firm." Rediff.com, in one of their evaluation available on the
web, rates Motilal highly for their response and customer care.
Visit Motilal
Oswal here.
HDFC - The online share trading segment of HDFC bank is
quiet impressive. Their portal is called
HDFCSec.com. Like ICICI, HDFC also provide many features as
well as a well
laid out and simple portal. Charges and services may differ slightly.
However they are another efficient alternative.
Indiabulls,
5
Paisa, Kotak Street which has their portal at
Kotaksecurities.com are other big names in this area.
Next :
Cost
& Support Services