Kotak Securities is a leading online stock trading company in India and is a 100% subsidiary of Kotak Mahindra Bank. It offers various trading account types for different needs, including AutoInvest for investment planning and Kotak Gateway for beginners. Trading can be done in BSE and NSE. Brokerage fees are variable based on trade type and amount traded. Accounts can be opened online, by phone, or by visiting a local branch. Standard documents like address and identity proof are required.
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Brief introduction
1. Brief Introduction - Online Stock Market Trading
Stock Exchange
Stocks (Shares, equity) are traded in stock exchange. India has two big stock exchanges
(Bombay Stock Exchange - BSE and National Stock Exchange - NSE) and few small
exchanges like Jaipur Stock Exchange etc. Investor can trade stocks in any of the stock
exchange in India.
Stock Broker
Investor requires a Stock Broker to buy and sell shares in stock exchanges (BSE, NSE etc.).
Stock Broker are registered member of stock exchange. A stock broker can register to one or
more stock exchanges.
Only stock brokers can directly buy and sell shares in Stock Market. An investor must contact
a stock broker to trade stocks. Broker charge commissions (brokerages) for their service.
Brokerage is usually a percent of total amount of trade and varies from broker to broker.
Stock Trading
Traditionally stock trading is done through stock brokers, personally or through telephones. As
number of people trading in stock market increase enormously in last few years, some issues like
location constrains, busy phone lines, miss communication etc start growing in stock broker offices.
Information technology (Stock Market Software) helps stock brokers in solving these problems with
Online Stock Trading.
Online Stock Market Trading is an internet based stock trading facility. Investor can trade
shares through a website without any manual intervention from Stock Broker.
In this case these Online Stock Trading companies are stock broker for the investor . They are
registered with one or more Stock Exchanges. Mostly Online Trading Websites in India
trades in BSE and NSE.
There are two different type of trading environments available for online equity trading.
1. Installable software based Stock Trading Terminals
These trading environment requires software to be installed on investors computer.
These software are provided by the stock broker. These softwares require high speed
internet connection. This kind of trading terminals are used by high volume intra day
equity traders.
Advantages:
o Orders directly send to stock exchanges rather then stock broker. This makes
order execution very fast.
2. o It provides almost each and every information which is required to a trader on
a single screen including stock market charts, live data, alerts, stock market
news etc.
Disadvantages:
o Location constrain - You cannot trade if you are not on the computer where
you have installed trading terminal software.
o It requires high speed internet connection.
o These trading terminals are not easily available for low volumn share traders.
2. Web (Internet) based trading application
These kind of trading environment doesn't require any additional software installation.
They are like other internet websites which investor can access from around the world
through normal internet connection.
Below are few advantages and disadvantages of Online Stock Market Trading :-
Advantages of Online Stock Trading (Website based):
o Real time stock trading without calling or visiting broker's office.
o Display real time market watch, historical datas, graphs etc.
o Investment in IPOs, Mutual Funds and Bonds.
o Check the trading history; demat account balance and bank account balance at
any time.
o Provide online tools like market watch, graphs and recommendations to do
analysis of stocks.
o Place offline orders for buying or selling stocks.
o Set alert to inform you certain activity on the stock through email or sms.
o Customer service through Email or Chat.
o Secure transactions.
Disadvantages of Online Stock Trading (Website based):
o Website performance - sometime the website is too slow or not enough user
friendly.
o Little long learning curve especially for people who doesn't know much about
computer and internet.
o Brokerages are little high.
3. Online Stock Trading Companies in India
Some of the popular stock brokers in India Financial Market are:
1. ICICI Securities Pvt Ltd.
ICICIDirect (or ICICIDirect.com) is stock trading company of ICICI Bank. Along with stock
trading and trading in derivatives in BSE and NSE, it also provides facility to invest in IPOs,
Mutual Funds and Bonds. Trading is available in BSE and NSE. ...
2. Sharekhan
Sharekhan is online stock trading company of SSKI Group, provider of India-based
investment banking and corporate finance service. Sharekhan is one of the largest stock
broking houses in the country. Sharekhan's equity related services include tra...
3. Indiabulls Securities Ltd
Indiabulls Securities (ISL) is one of the India's capital markets companies providing
securities broking and advisory services. Indiabulls Securities is promoted by Indiabulls
Group, is one of the country's leading business houses with business inter...
4. 5Paisa
5paisa is Online Stock Trading Company of India Infoline Securities Private Ltd., Owner of
popular business portal Indiainfoline.com. Besides high quality investment advice from an
experienced research team, the site offers real time stock quotes, ma...
5. MotilalOswal Securities Ltd
Incorporated in 1987, MotilalOswal Securities Ltd is a well diversified financial services firm
offering a range of financial products and services such as Wealth Management, Broking &
Distribution, Commodity Broking, Portfolio Management Services, ...
6. HDFC Securities Ltd
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities
provide both online trading and trading on phone. The HDFC Securities trading account has a
unique 3-in-1 feature that integrates your HDFC Securities trading account wi...
7. Reliance Money
Reliance Money, A Reliance Capital Limited Company, is the financial services division of
Reliance Anil DhirubhaiAmbani (ADA) Group. Reliance ADA group is among top 3
business houses in India with wide range of presence across various sectors. Group...
8. IDBI Paisa Builder
4. Idbipaisabuilder.in is a multi purpose online stock trading website from IDBI Capital Market
Services Ltd., a leading provider of financial services in India and is a 100% subsidiary of
Industrial Development Bank of India (IDBI). Idbipaisabuilder...
9. Religare
Religare is an emerging markets financial services group with a presence across Asia, Africa,
Middle East, Europe, and the Americas. In India, Religare’s largest market, the group offers a
wide array of products and services including broking, insur...
10. Geojit BNP Paribas
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in
India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP
Paribas is cash equity and derivatives broker with extensive experie...
11. Networth Stock Broking Ltd
Incorporated in 1993, Networth Stock Broking Limited (NSBL) is one of the major stock
brokers in India. Networth offers premium financial services and information. NSBL is a
member of the National Stock Exchange (NSE) and the Bombay Stock Exchange (B...
12. Kotak Securities Ltd
Incorporated in 1994, Kotak Securities Limited, the leading stock broking house of India is
100% subsidiary of Kotak Mahindra Bank. Company offering includes stock broking through
the branch and Internet, Investments in IPO, Mutual funds and Portfoli...
13. Standard Chartered
Standard Chartered – STCI Capital Markets Limited (formerly UTI Securities Ltd), is a
leading broking company in India, provides a wide range of financial services including
Investment Banking, Institutional Equity & Derivative Broking, Fixed Income,...
14. Angel Trade
Angel Group has emerged as one of the top 3 retail broking houses in India. Incorporated in
1987, it has memberships on BSE, NSE and the two leading commodity exchanges in India
i.e. NCDEX & MCX. Angel is also registered as a depository participant w...
15. HSBC Invest Direct Ltd
HSBC InvestDirect (India) Limited (HIL) is one of the India's leading financial services
organizations providing varied range of services through its subsidiaries to Individual and
Corporate customers. HIL is listed on the Bombay Stock Exchange Limit...
16. Comfort Securities Ltd
5. Comfort Securities is a growing financial services provider in India. Company offers a wide
range of products & services covering merchant banking, equity broking, currency
derivatives and depository participants to all kinds of investors, namely, re...
17. Just Trade
Just Trade.in is the Online Investment & Stock Broking business from the house of Bajaj
Capital - India's leading Financial Planning and Investment Advisory Company from last 46
years. The objective for Just Trade is to provide a seamless experien...
18. Zerodha
Zerodha is an India based online stock trading company with a difference. It allows investors
to trade at fix transaction fees of Rs 20 per trade, irrespective to number of shares or their
prices. While fixed brokerage is very popular in developed na...
19. SBICAP Securities Ltd
SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services
offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking,
Depository Participant services and E-Broking. They also provide online trading ...
20. Ventura Securities Ltd
Incorporate in 1994, Ventura Securities Ltd is Mumbai, India based popular stock broker.
Ventura also provides wide range of investment products and services though it's over 25
branches and over 500 business partners (sub brokers) located across 300...
Things to do before opening Online Share Trading
Account
1. Ask for Demo: Contact the broker who provide online trading service and ask him to give
you a demo of product.
2. Check if the broker trades in multiple stock exchanges. Usually most of the Online Trading
Websites trade in NSE and BSE in India.
3. Check the integration of Brokerage account, Demat account and Bank account.
4. Compare brokerages with other peer companies.
Standard document require to open an Online Trading
Account
1. Proof of residence (Address proof)
o Driving license
o Voter's ID
o Passport
o Photo credit card
6. o Photo ration card
o Utility Bill (Telephone, Electricity etc)
o Bank Statement
2. Proof of identity
o Driving license
o Voter's ID
o Passport
o Photo ration card
3. PAN Card
4. Two photographs
7. Kotak Securities Stock Trading / Kotak Securities Demat / Kotak
Securities Brokerage
Incorporated in 1994, Kotak Securities Limited, the leading stock broking house of India is
100% subsidiary of Kotak Mahindra Bank. Company offering includes stock broking through
the branch and Internet, Investments in IPO, Mutual funds and Portfolio management service.
It also offers portfolio management services to high net worth individuals and corporate
customers. Kotak securities also distributes a range of financial products, including company
fixed deposits, mutual funds, initial public offerings, secondary debt, equity, and small
savings schemes.
Most of the services provided by the company are available though its internet portal. In early
2009 company launched Saxo's global trading platform in India. This platform provide direct
access to equities, ETF's and REITS spanning 24 stock exchanges across the USA, Europe,
Asia and Australia.
Kotak Securities is a corporate member of both Bombay Stock Exchange (BSE) and National
Stock Exchange (NSE). Currently, Kotak Securities is one of the largest broking houses in
India with wide geographical reach.
Trade In: BSE and NSE
Account Types
Kotak offers different account types according to users requirement:
1. AutoInvest
AutoInvest is a unique Online Trading Account which provide investment planning in
Gold ETFs (Exchange Traded Funds), Equities and Mutual Funds to their customers.
Gold ETFs are mutual fund schemes that will invest the money collected from their
investors in standard gold bullion.
Kotak's advisor gives the recommendation according to investor's risk capability and
investment plans. Minimum investment of Rs 5000 required for AutoInvest account.
2. Kotak Gateway
Kotak Gateway account opens the gateway to a world of investing opportunities for
beginners. Kotak Gateway user can trade anywhere, anytime using internet. Kotak
also offers call and trade facility. Investor can also trade Currency Derivative using
Kotal gateway account.
Kotak Securities provide SMS alert, research report, free news and market updates to
the account holders. Best feature of Kotak gateway is call and trade facility. Anybody
8. can activate Kotak Gateway account with any amount between Rs 20,000 to 5,
00,000. This can be in form of cash deposit or the value of the shares you buy.
Brokerage will be charged based on the account type. For intraday trading brokerage
is .06% both sides for less then 25 lakhs and .023% for more then 25 crores.
3. Kotak Privilege Circle
Kotak Privilege Circle is the premium investment account offed by Kotak Securities.
Along with Kotak Gateway account benefits Kotak provides independent market
expertise and support through a dedicated relationship manager and a dedicated
customer service desk which provides assistance in opening accounts, handling day-
to-day problems, and more. They provides KEAT premium which is an exclusive
online tool that lets you monitor what is happening in the market and view your gains
and losses in real-time.
One can activate Kotak Privilege Circle account with any amount more than Rs.
10,00,000 as margin, by way of cash or stock. For intraday trading brokerage is .06%
both sides for less then 25 lakhs and .03% for more then 25 crores.
Other then above 3 accounts, Kotak Securities also provide following accounts:
1. Kotak Freedom for Mutual Fund Investments.
2. Kotak Super Saver, a Flat Brokerage and a Low Margin account.
3. PMS (Portfolio Management Service), an account for people who need an expert to
help to manage their investments.
4. NRI Account, a online trading an investment account for NRI investors.
Trading Brokerage and fees
Account opening fees:
Trading Account Opening Charges (One Time): Rs 750
Trading Annual maintenance charges (AMC): Rs 0
Demat Account Opening Charges (One Time): -
Demat Account Annual Maintenance Charges (AMC): Rs 600 per annum
Trading Brokerages:
Kotak Gateway (Variable Brokerage) (* All charges are on both sides)
Delivery Based Trades Brokerages: 0.59% - 0.18% (For trading amount of '< 1lakh' to '> 2
crore')
Intra-day Trades Brokerages: 0.06% - 0.03% (For trading amount of '< 25 lakhs' to '> 5
crore')
F&O Trades Brokerages (Intraday): 0.07% - 0.023% (For trading amount of '< 2 crores' to '>
25 crores')
F&O Trades Brokerages (Settlement): 0.09% - 0.032% (For trading amount of '< 2 crores' to
'> 25 crores')
Options Trades: Rs. 100/- per lot
9. Kotak Gateway (Fixed Brokerage) (* All charges are on both sides)
Delivery Based Trades: 0.49%
Intra-day Trades: 0.049%
Futures Trades: 0.049%
Options Trades: Rs. 100/- per lot or 1% on premium which ever is higher
For detailed brokerage changes visit Kotak Gateway - Stock Trading Account detail page and
click on the 'Charges' link.
Kotak Securities charges for NSDL Depository services:
Sr Account Head Rate Minimum Payable
Rs.50/- per request and Rs.3/- per
1 Dematerialisation --
certificate
2 Rematerialisation Rs.10/- for 100 shares Rs. 15/-
Debit Transactions - On Market 0.04% of the value of securities (Plus Rs. 27/- (Plus NSDL
3
and Off Market NSDL charges as applicable) charges as applicable)
Account Maintenance Charges
Rs. 50/-per month
4 --
Resident Indian Rs. 75/-per month
NRI
5 Pledge Charges 0.05% of the value of securities Rs. 30/-
6 Invocation of Pledge 0.04% of the value of securities Rs. 30/-
Charge for Client Master change
7 Rs.25/-
intimation
How to open account with Kotak Securities?
There are 3 simple ways to open an account with Kotak.
Call at one of the below number and ask to open an account with them.
Toll Free No.: 1800-222-299, 1800-209-9191
Visit one of their nearest branches. Visit Kotak Branch Locator at:
http://www.kotaksecurities.com/contactus/contactus.html. Select the city name and click
on ‘Submit’ button to find the branch closest to you.
Fill Online Account Application Form.
http://www.kotaksecurities.com/account/openandacc/account/index.html
10. Document required to open Kotak Securities Trading
Account
Individual Investors require following documents to open an account with Kotak:
1. Photograph
2. Proof of Address (Passport, Driver's License, Ration Card, Voter's Identity card, Telephone
bill, and Electricity bill, Bank Passbook / Bank Statement or Rent Agreement)
3. Proof of Identity (Passport, PAN Card, Voter's Identity Card, Driver's License or MAPIN UID
Card)
4. Signature Verification
Advantages of Kotak Securities
1. Through its web portal company provides a single platform for investments in equities,
Mutual Funds and currency derivatives. Available margin can be used for any of the three
segments.
2. Saxo's global trading platform provided by the company allows direct access to equities,
ETF's and REITS spanning 24 stock exchanges across the USA, Europe, Asia and Australia.
3. In late 2008 company launched an interesting ‘Smart Order’ feature to its online trading
portal. While placing an order to buy or sell stocks at BSE and NSE, customer can choose this
option. Once selected, this option offers customers the best available price between BSE and
NSE. This option is available to all the customers of the company.
4. Kotak also provides a Call & Trade facility to its customers wherein they can place and track
their orders through phone when they are away from home.
5. Kotak Securities provide daily SMS alerts, market pointers, periodical research reports, stock
recommendations etc.
6. Kotak provides exclusive online tool to monitor what is happening in the market and also
investor can view gains/losses in real-time.
7. Customer support chat helps customers to resolve issues faster.
8. Kotak securities have Citibank, HDFC Bank, UTI Bank and Kotak Mahindra Bank as designated
banks for its trading account. Investors holding account with these banks can easily integrate
the brokerage account with Kotak.
Disadvantages of Kotak Securities
1. 3-in-1 account not available. Money Transfer is needed from bank to brokerage account for
each transaction.
2. Slow website response time.
3. Demo of the online trading portal is not available.
Useful links about Kotak Securities
1. Website: http://www.kotaksecurities.com
2. FAQs: http://www.kotaksecurities.com/faqs/equity.html
3. Phone: 30305757 (dial from mobile phone prefix your city STD code)
12. ICICIDirect Stock Trading / ICICIDirectDemat / ICICIDirect Brokerage
ICICIDirect (or ICICIDirect.com) is stock trading company of ICICI Bank. Along with stock
trading and trading in derivatives in BSE and NSE, it also provides facility to invest in IPOs,
Mutual Funds and Bonds. Trading is available in BSE and NSE.
Trade In: BSE and NSE
Trading Platforms
ICICIDirect offers 2 trading platforms to its customers:
1. Share Trading Account (Website Based Trading)
Website based online Share Trading Account by ICICIDirect is primarily for buying
and selling of stocks at BSE and NSE.
The ICICIDirect website allows Cash Trading, Margin Trading, MarginPLUS
Trading, Spot Trading, Buy Today Sell Tomorrow, IPO Investment, Mutual Fund
Investment etc.
ICICIDirect.com website is the primary Investment vehicle of ICICI Limited.
2. Trade Racer (Trading Terminal)
Trade Racer is a power packed Trading platform which provides an investor with
Live streaming quotes & Research Calls, integrated fund transfer system along with
multiple watch list facility. Investor can also do technical analysis with the help
advance charting tools. Single Order entry page for Equities and Derivatives,
Technical Analysis, Integrated Fund Transfer System, Customized Interface, Intra-
day and EOD Charts and Shortcut keys for faster access to markets are some of the
key features of Trade Racer Terminal.
Trading Brokerage and fees
Trading Account Opening Charges (One Time): Rs. 975
Trading Annual maintenance charges (AMC): Rs 0
latest brokerage information on ICICIDirect website.
Demat Account Opening Charges (One Time): Rs. 100 (for Agreement Stamp Paper)
Demat Account Annual Maintenance Charges (AMC): Rs. 500 (Rs 0/- for 1st year with 3 in 1
Account)
Other Demat Service Charges & Fees
ICICI offers 2 types of brokerage plans to its customer:
1. I-Secure Plan (Flat brokerage Plan)
13. This plan offers Flat Brokerage (in %) irrespective of turnover value. This plan is
suitable for traders / investors looking at secured and fixed brokerage.
2. I-Saver Plan (Variable brokerage plan)
This plan offers brokerage based on the trading volume i.e. high brokerage for low
volume and low brokerage for high volume trades. This plan suitable for traders /
investors who trade in high volumes and can benefit from low brokerage.
ICICIDirect Brokerage in Cash
I - Saver Plan I - Secure Plan
Total Eligible Effective Effective
Total Eligible
Turnover (Per Brokerage Brokerage on Brokerage Brokerage on
Turnover (Per
calendar (%) Intraday (%) Intraday
calendar Quarter)
Quarter) Squareoff Squareoff
Above Rs. 5 Irrespective of
0.25 0.125% 0.55 0.275%
Crores turnover
Rs.2 Crores to 5
0.30 0.150%
Crores
Rs.1 Crores to 2
0.35 0.175%
Crores
Rs.50 Lakhs to 1
0.45 0.225%
Crores
Rs.25 Lakhs to 50
0.55 0.275%
Lakhs
Rs.10 Lakhs to 25
0.70 0.350%
Lakhs
Less than Rs.10
0.75 0.375%
Lakhs
ICICIDirect Brokerage in Future & Future Plus
I - Saver Plan / I - Secure Plan
14. For Equity/Currency Futures Equity Future and Future Plus Currency Futures
Total Eligible Brokerage Brokerage on Second leg of Brokerage on Second leg of
Turnover per month (%) Intraday square off (per lot) Intraday square off (per lot)
Above Rs. 20 Crores 0.030 Rs.15/- Rs.10/-
Rs.10 Crores to 20
0.035 Rs.15/- Rs.10/-
Crores
Rs.5 Crores to 10
0.040 Rs.15/- Rs.10/-
Crores
Less than Rs.5
0.050 Rs.15/- Rs.10/-
Crores
ICICI Brokerage in Margin & Margin Plus
I - Saver Plan / I - Secure Plan
Total Eligible Turnover per month Brokerage (%)
Above Rs. 20 Crores 0.030
Rs.10 Crores to 20 Crores 0.035
Rs.5 Crores to 10 Crores 0.040
Less than Rs.5 Crores 0.050
ICICI Direct Brokerage in Options
I - Saver Plan / I - Secure Plan
Brokerage in Options Total Flat brokerage per Brokerage on Second leg of Intraday
Eligible Lots per month contract lot (Rs.) square off (per lot)
Above 600 65/- Rs.15/-
301-600 70/- Rs.15/-
15. 151-300 75/- Rs.15/-
61-150 85/- Rs.15/-
0-60 95/- Rs.15/-
How to open account with ICICIDirect?
For Online Stock Trading with ICICI, investor needs to open 3 accounts...ICICI Bank
Account, ICICI Direct Trading Account and ICICI Demat Account (DP Account).
Note: If you already have a bank account or demat account with ICICI, you could link it with
new ICICIDirect trading account.
Opening trading account with ICICI is easy. You could use one of the following options to
open account with ICICIDirect.
Visit ICICIDirect.com and fill the "Open an Account" form.
Call ICICI and tell them that you are interested in opening an account with them.
In both the cases ICICI representative contact you in a day or two and tell you about the
procedure to open the account. They usually send somebody to your home to collect
documents, signature and for demo if required.
Advantages of ICICIDirect
1. 3-in-1 account integrates your banking, broking and demat accounts. All accounts are from
ICICI and very well integrated. This feature makes ICICI the most interesting player in online
trading facility. There is absolutely no manual interfere require. This is truly online trading
environment.
2. Unlike most of the online trading companies in India which require transferring money to
the broker's pool or towards deposits, at ICICIDirect you can manage your own demat and
bank accounts through ICICIdirect.com. Money from selling stock is available in ICICI bank
account as soon as the ICICIDirect receive it.
3. Investment online in IPOs, Mutual Funds, GOI Bonds, and Postal Savings Schemes all from
one website. General Insurance is also available from ICICI Lombard.
4. Trading is available in both BSE and NSE.
5. Low bandwidth website is available for slow internet connection or for trading from mobile
devices.
6. Through myGTC feature, you can place buy and sell limit orders in equity scrips of your
choice specifying the period for which you want the order instruction to be valid.
Disadvantages of ICICIDirect
1. ICICIDirect brokerage is high and not negotiable.
16. 2. With ICICIdirect.com e-Invest account(3-IN-1 concept), the Demat Account has to be opened
with ICICI Bank Ltd as the Depository Participant (DP) and the Bank Account has to be
opened with ICICI Bank Ltd. as the Banker.
Useful links about ICICIDirect
1. Website: http://www.ICICIDirect.com
2. Product Demo: Trade Racer Terminal and Demo of trading through ICICIDirect Website.
3. Trading FAQs
17. HDFC Securities Stock Trading / HDFC Securities Demat / HDFC
Securities Brokerage
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities
provide both online trading and trading on phone. The HDFC Securities trading account has a
unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing
HDFC bank savings account and existing Demat account. Funds / shares are seamlessly
moved from the linked Demat/Bank account to execute the transactions.
HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and BSE,
Trade on Futures & Options on the NSE and Online IPO Investment.
Features on HDFC Securities Online trading
1. Seamless Transactions - By integrating your accounts, we ensure minimal waste of
time during movement of your funds and shares.
2. Speed - Orders are placed electronically, so proceeds are available instantly.
3. No manipulation - To prevent any mismanagement, we will send you an email
confirmation, the minute your order is executed.
4. Safety and Security - HDFC Securities offer the highest level of security such as 128-
bit encryption technology.
5. Dedicated and Separate contact numbers - for trading over the phone as well as for
customer care.
Trade In: BSE and NSE
Trading Brokerage and fees
Rs. 799/- (Including trading account, bank account and DP account with HDFC)
Please note: For HDFC Bank savings account minimum balance (Average Quarterly
Balance) of Rs. 10,000 (Metro / Urban) or Rs. 5000 (Semi-Urban / Rural) is required. If you
already have Saving account or DP account with HDFC, you could link them with trading
account.
Brokerage for Delivery Based Trades
Equity Segment
Resident Indians - 0.50% or min Rs.25/- or ceiling of 2.5% on
transaction value (Both Buy & Sell)
Delivery Based Trades
For NRI's - 0.75% or min Rs. 100 or ceiling of 2.5% on transaction
value (Both Buy & Sell)
Square-Off Trades Cash 0.10% or min Rs.25/- or ceiling of 2.5% on transaction value (Both
18. &Carry Scrips Buy & Sell)
Square-Off Trades Margin 0.05% or min Rs.25/- or ceiling of 2.5% on transaction value (Both
Scrips Buy & Sell)
Derivatives (Futures Market)
Non-Square Off (Carry 0.05% or min Rs.25/- or ceiling of 2.5% of transaction value (Both
Forward) Trades Buy & Sell)
0.025% or min Rs.25/- or ceiling of 2.5% of transaction value (Both
Square-Off Trades
Buy & Sell)
Derivatives (Option Market)
Higher of 1% of the premium amount or Rs.100 per lot (Both Buy &
Brokerage
Sell)
Other Standard Charges on Trades
Service Tax 10.30% on Brokerage
Securities Transaction Tax (STT) 0.125% of transaction value (Both Buy & Sell)
Stamp Duty 0.01% on turnover
SEBI Turnover Tax 0.0001% on turnover
How to open account with HDFC Securities?
For Online Stock Trading with HDFC, investor needs to open 3 accounts...HDFC Bank
Account, HDFC Trading Account and HDFC Demat Account.
Opening trading account with HDFC is easy. You could use one of the following options to
open account with HDFC.
Visit hdfcsec.com and fill the "Open Trading A/C" form.
19. Call HDFC and tell them that you are interested in opening an account with them.
In both the cases HDFC representative contact you in a day or two and tell you about the
procedure to open the account. They usually send somebody to your home to collect
documents, signature and for demo if required.
Document Required to open account with HDFCsec
Any Indian resident/non resident individual NRI (except for the US NRIs) or an Indian
Corporate can register with HDFCsec. Following documents are required to open accouunt
with HDFCsec.
1. One passport size photograph.
2. Copy of PAN card.
3. Identity proof - copy of passport or PAN card or voter ID or driving license or ration card.
4. Address proof - copy of driving license or passport or ration card or voter card or telephone
bill or electricity bill or bank statement.
Useful links about HDFC Securities
1. HDFC Website: HDFCSec.com
2. Corporate Office: Trade World, C Wing, First Floor, Kamala Mills Compound,
SenapatiBapatMarg, Lower Parel, Mumbai 400 013
3. Customer Service E-mail: [email protected]
4. Customer Service Phone (India): 39019400
Please prefix your local area code (0 + local area code + 39019400)
eg : From Delhi 011 39019400
5. Customer Service Phone (for NRI's): +91 22 28346685
6. Fax: 91-22-2834-6690
20. Indiabulls Securities Stock Trading / Indiabulls Securities Demat /
Indiabulls Securities Brokerage
Indiabulls Securities (ISL) is one of the India's capital markets companies providing
securities broking and advisory services. Indiabulls Securities is promoted by Indiabulls
Group, is one of the country's leading business houses with business interests in Power,
Financial Services, Real Estate and Infrastructure.
Indiabulls Securities also provides depository services, equity research services and IPO
distribution to its clients. Company also offers commodities trading through a separate
company. These services are provided both through on-line and off-line distribution channels.
Indiabulls Securities has been assigned the highest rating BQ-1 by CRISIL.
Trade In: BSE and NSE
Trading Platforms
Power Indiabulls (PIB):
Power Indiabulls (PIB) is the integrated online trading platform with great speed to invest in
Equity, F&O and Commodities. Power Indiabulls main features includes real-time stock
prices, Live trading reports, Multiple Market watch, Intraday charting, Technical analysis,
Price alerts, News Room for seasoned investors and traders.
Power Indiabulls (PIB) is a dedicated desktop (PC based) application, developed specially for
active traders. It also provides various kinds of trading reports according to the internet
trading users needs. Main features Power Indiabullsterminal are:
1. Live Streaming Quotes and News
2. User can create multiple market watch
3. Instant Trade Confirmation
4. User can set customizable alerts on various scrip-based parameters
5. Value added tools like Financial Calculator, Intraday Charting, Technical Analysis etc.
6. Real time updated reports
7. Multiple Order Books
Click here to find more detail about Power Indiabulls trading platform
Trading Brokerage and fees
Trading Account Opening Charges (One Time): Rs. 750
Trading Annual maintenance charges (AMC): -
Demat Account Opening Charges (One Time): -
Demat Account Annual Maintenance Charges (AMC): Rs. 500
21. How to open account with Indiabulls Securities?
For online trading with Indiabulls Securities, investor has to open an account. Following are
the ways to open an account with Indiabulls Securities:
Call them at 0124 – 4572444 and ask that you want to open an account with them.
Click here and fill a form, Representative from Indiabulls Securities will contact you.
Contact Indiabulls Securities by sending email at [email protected]
Visit one of their nearest branch and ask to open an account with them
List of documents required to open an acount
1. Proof of Identity – Copy of PAN Card
2. Proof of Address – Copy of any one of the following (Self Attested)
o Passport
o Ration card
o Voter’s ID
o Driving license
o Electricity bill (not more than 2 months old)
o Landline Telephone Bill (not more than 2 months old)
o Bank Pass Book
3. Bank Proof – Copy of Bank Pass Book or Personalized Cheque leaf (For Existing Bank Account
Holders Only)
4. 3 Photographs
Advantages of Indiabulls Securities
1. Brokerage is less compare to other online trading companies.
2. Provide trading terminal 'Power Indiabulls', which is very fast in terms of speed and
execution.
3. Indiabulls Securities also provides Mobile Power Indiabulls (MPIB) trading platform. This
application allows the client to view live streaming quotes, trade in equities as well as
derivatives segment, view trading reports and account details on their Mobile.
Useful links about Indiabulls Securities
1. Website: http://www.indiabulls.com/securities/default.aspx
2. Faq's: http://www.indiabulls.com/securities/customercare/openanaccount.htm
3. Low bandwidth website: https://trade.indiabulls.com/tradelite
4. Corporate Office: 448 – 451, UdyogVihar,
Phase V, Gurgaon – 122001
5. Email: [email protected]
6. Phone: 0124-4572444
22. Religare Stock Trading / ReligareDemat / Religare Brokerage
Religare is an emerging markets financial services group with a presence across Asia, Africa,
Middle East, Europe, and the Americas. In India, Religare’s largest market, the group offers a
wide array of products and services including broking, insurance, asset management, lending
solutions, investment banking and wealth management. With 10,000-plus employees across
multiple geographies, Religare serves over a million clients, including corporate and
institutions, high net worth families and individuals, and retail investors.
Religare Securities Ltd. (RSL), a wholly owned subsidiary of Religare Enterprises Limited
(REL), an emerging markets financial services group is a market leading securities firm in
India. The company offers equity & currency broking services to more than 7,50,000 clients
using both, offline and online platforms and also offers depository participant services. RSL
is a member of the NSE, BSE, MCXSX, USE and a depository participant with NSDL and
CDSL. RSL employs more than 4800 employees and has a wide distribution reach that spans
across more than 1500 locations in India.
Online platform provides customers the opportunity to trade in Equities, Commodities,
Currency Futures, apply for IPOs and invest in Mutual Funds.
People who wonder where Religare word came from, it's a Latin word meaning 'to bind
together'.
Account Types
Religare allows customer to choose from a wide range of financial services through its
sophisticated and customized trading platform called R-ACE (Religare Advanced Client
Engine). Given below are 3 types of R-ACE accounts available to investors.
1. R-ACE (Basic)
R-ACE (Religare Advanced Client Engine) is a basic online trading account provided
by Religare. Investors can trade and access their account information both online as
well as over the phone. This account comes with a browser-based online trading
platform with no requirement of an additional software installation.
2. R-ACE Lite (Advanced)
R-ACE Lite is the advanced trading platform, which provides all the features as
provided by R-ACE (Basic) account. Additionally it also provides real-time streaming
stock quotes and alerts. This account comes with a browser-based online trading
platform with no requirement of an additional software installation.
3. R-ACE Pro (Professional)
23. As the name indicates this account is meant for high volume traders. In addition to the
features mentioned above, it also comes with a Trading Terminal Software which
needs to be installed on your computer. This terminal directly connects the investor to
the stock market and is equipped with all industry standard Trading Terminal features
such as technical charting (intra-day and EOD), multiple watch list, advanced hot-key
functions for faster trading, derivative chains, futures & options calculator etc.
For both basic and advance accounts, trading is available online and through
dedicated Call ’N’ Trade Desk over phone.
Trading Brokerage and fees
Religare offers three kinds of online accounts (as stated above) with zero account opening
fees. They provide different brokerage options based on the volume and frequency of trading,
as well as to suit the needs of both beginners and traders.
1. R-ACE (Basic)
Account activation charges: -.
2. R-ACE Lite (Advanced)
Account activation charges: -
3. R-ACE Pro (Professional)
Account activation charges: -
How to open account with Religare?
For online trading with Religare, investor has to open an account. Following are the ways to
open an account with Religare:
There are 3 simple ways to open an account with Religare.:
Call at 1860-25-88888 and open an account with Religare
Visit one of their branches. Visit Religare Branch Locater at
http://www.religareonline.com/CustomerServices/branchlocator.aspx
Fill Online Account Application Form. http://www.religareonline.com/AccountOpen.aspx
Advantages of Religare
1. Religare gives interest on unutilized cash when investor is waiting to make next trade or an
online investment.
2. Clients get to earn trade rewards every time they trade in equity or invest in IPOs with them.
3. Online facility of placing After Market Orders is available to investors.
4. Facility of investing in Equities, Derivatives, Currency Futures, Mutual Funds and IPOs
through a single login.
5. They provide intraday reports and historical charting.
6. Also provide a variety of fee structures to fulfill the needs of different types of investors.
24. Useful links about Religare
1. Website: www.religare.in / www.religareonline.com
2. Email: [email protected]
3. FAQs: http://www.religareonline.com/CustomerServices/knowledgecenter.aspx
4. Phone for servicing Domestic clients: : 1860-25-88888
5. Phone for servicing NRI clients::
Call-N-Trade: 0120-67980000
Customer Care: 0120-3397535/3397287
6. For Local Customer
Care:http://www.religareonline.com/CustomerServices/customerservice.aspx
ALL THESE ABOVE MENTIONED INFORMATION IS TAKEN FROM
http://www.chittorgarh.com/
Regards
N.P
RAB RAKHA