Online trading becomes very easy and convinient now a days, one can do the trading without computer by a mobile phone. But online trading is becoming more costlier, Reliance Money has introduced Easy Trade/Insta Trade and Super Trade packages, initially it has introduced brokerage with 1 paisa but it is charging now a days .45% brokerage for the traders below one lakh.
ICICI Direct now reduced the brokerage up to .55%, and even Geojit is having better mode of trading terminals but the brokerage is depending on the volume of trades.
Different brokers are offering various trading terminal platforms. But very few are giving offline market order procedures. Hence one can give first choice to company which gives the offline orders(after market orders) opportunity. Because in the morning time when the trading has started all the networks/servers are very busy to take the orders hence you can get the first min trades.
I am using Indiabulls PIB trading platform which is convinient and the brokerage charging very less compared to other online brokers. But only the disadvantage in this is we can't place offline orders. The dealing room is also good and they confirm the orders in the evening by calling us.
Before taking into any online brokerage account try to get more information their charges and particularly demat amc, trading a/c amc and cost of the software.
Here are few online brokerage offers:
Indiabulls
ICICI
Reliancemoney
Geojit
Sharekhan
Angel
