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I'm not a Financial advisor. But I'm extremely interested in Stock Market investing. So i'm writing for your help.
If you are newbie in stock market then avoid Citi demat as they will be very costly. As Citi serves generally premium customers ( Min Balance 2 Lacs),the customers are not bothered about by the brokerages whether it is .5% or 1% or more.
But if you are not in this category simply go to the leader brokerage house
For investing in Shares (They have experienced research team and Good recommendations)
- ShareKhan
- Icici direct
- Motilal Oswal
- Eddlewise
For share trading on daily basis (Very Low brokerage Charged )
- RKSV
- Zerodha
Take your wise decision.Where ever you will open your account you must bargain for brokerage(If you need less brokerge).
Thanks.
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You asked this question just in time. Congratulations!
The reason is, once you start buying shares for holding in demat account, you are kind of stuck with the broker. Citibank, HDFC, Sec, ICICIDirect, Sharekhan are very expensive options for buying shares.
Discount brokers is a new trend in India. Zerodha is gaining popularity very fast among discount brokers. For free Zerodha account, visit the link Zerodha review
Go for Discount broker. I have 17 years experiences of intraday trading (brokerage really matters)
For all best stock brokers comparison u can refer below link for brokers information, charges, demate opening charges, brokerages, trading platforms, government charges, account opening fees, and other features etc Compare India Brokerages
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It's possible my reply is not about the topic...anyway!
Doesn't it seem to you that before the registering of the profile and the choice of exchange you must pay attention to to the principles?
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Opening a D-mat account with Citi bank is going to be one expensive job as they have high maintenance charges approximately around 500 for a domestic non Citi gold client. As far as services are concerned opening a D-mat account with any of the discount broker will be more suitable as you will save money with them. I would suggest you to check the tariff sheet of various discount brokers else open demat ac where you get cheap and trade with any discount broker
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