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ICICI direct - again sucks |
givemegold
White Belt
Joined: 12 Sep 2010
Posts: 121
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Post: #1  Posted: Tue Sep 18, 2012 1:59 pm Post subject: ICICI direct - again sucks |
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| ICICI direct is not working - So, be-careful bulls. This is one of the symptom, that indicates market may be in distribution mode |
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sethu45
White Belt
Joined: 06 Aug 2009
Posts: 168
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| Post: #2 Posted: Wed Sep 19, 2012 2:24 pm Post subject: |
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| What is the nexus between the market and icicidirect. Is icicidirect is running this market. If anything happens in icicidirect will it reflect our market. Or as you said is the bell sound before the elephant coming.??? |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #3 Posted: Thu Sep 20, 2012 11:56 am Post subject: |
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This is just a sole problem with icici direct,contact them to solve the problem,it is not a symptom for any one,neither will it ever effect the market as market is that elephant which walks on it own moves.hope ur prob is attended sooner
Cheers |
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amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
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| Post: #4 Posted: Thu Sep 20, 2012 11:24 pm Post subject: |
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Since 2006 I haven't seen any serious/regular trader using ICICIDIRECT
Why do you still use ICICIDIRECT? |
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anilraj
White Belt
Joined: 30 Aug 2013
Posts: 24
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| Post: #5 Posted: Sun Sep 22, 2013 8:34 am Post subject: |
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| Unfortunately I am also using ICICIDIRECT. it is the worst service. their charges are maximum and services minimum. its representative will make call when they need it but whenever you need they will not even attend the call. Please don't subscribe to this service. |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #6 Posted: Sun Sep 22, 2013 8:55 am Post subject: |
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| anilraj wrote: | | Unfortunately I am also using ICICIDIRECT. it is the worst service. |
Friends: Let us revive the thread where we compare brokers, for good or bad, so that our experience can benefit other ICians!
My short reply to above point is that there are many competitors for "worst" category. One of which is Integrated Enterprises, Madras HQ!
Prakash Holla |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #7 Posted: Sun Sep 22, 2013 11:01 am Post subject: |
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I have decent volumes and paying 2 percent on futures and Rs 30 per lot on options in KotaK Securities.service is good. No issues as such
Wanted to check speed of portal and desk service (one dedicated guy who can be called ...though he may have 50-100 more clients) and customer care service (3 things) for others to CUT brogerage.... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #8 Posted: Sun Sep 22, 2013 11:02 am Post subject: |
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| I meant 0.02 percent on futures... |
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #9 Posted: Sun Sep 22, 2013 12:14 pm Post subject: |
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I do not understand what make you people, to pay such a high brokerage like ICICI and Kotak are charging.
Do you people need their customer care service every other hour/day, for which you are still sticking with these suckers.
Now a days there are so many discount brokers, offering their service at rock bottom charges for unlimited trading in Equity, F&O
@ Amit
How much brokerage you are paying per month approximately OR paid last month OR paid uptill now, this month.
Can you mention the charges in detail particularly Turnover Charges and Stamp Charges, that you are paying to Kotak
Last edited by saumya12 on Sun Sep 22, 2013 1:52 pm; edited 2 times in total |
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #10 Posted: Sun Sep 22, 2013 12:25 pm Post subject: |
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| amitagg wrote: | I have decent volumes and paying 2 percent on futures and Rs 30 per lot on options in KotaK Securities.service is good. No issues as such
Wanted to check speed of portal and desk service (one dedicated guy who can be called ...though he may have 50-100 more clients) and customer care service (3 things) for others to CUT brogerage.... |
Amit
How much you will pay me, if you get a brokerage equal to ( or even less), what you are paying for one lot, with one day unlimited trading in options and unlimited trading in futures as bonus. |
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falcon
White Belt
Joined: 17 Nov 2011
Posts: 211
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| Post: #11 Posted: Sun Sep 22, 2013 12:36 pm Post subject: |
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| pkholla wrote: | | anilraj wrote: | | Unfortunately I am also using ICICIDIRECT. it is the worst service. |
Friends: Let us revive the thread where we compare brokers, for good or bad, so that our experience can benefit other ICians!
My short reply to above point is that there are many competitors for "worst" category. One of which is Integrated Enterprises, Madras HQ!
Prakash Holla |
I have started using Zerodha recently. Their trading terminal NEST appears to be fast. For people doing more lots in a single order, their brokerage also works out very cheap. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #12 Posted: Sun Sep 22, 2013 2:33 pm Post subject: |
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| I started with Geojit moved to IIFL and then to Zerodha now thinking to move to RKSV.Does any one have a working experience with RKSV? |
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #13 Posted: Sun Sep 22, 2013 3:33 pm Post subject: |
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| rk_a2003 wrote: | | I started with Geojit moved to IIFL and then to Zerodha now thinking to move to RKSV.Does any one have a working experience with RKSV? |
A wise move I would say.
Though Zerodha has recently reduced their turnover charges, but still they are not competitive for those, who trade more than 10 trades per day (buy + sell).
Previously Zerodha customers has a benefit for Stamp charges, but customers of a few states including Maharashtra and Gujarat have lost this benefit.
RKSV has a good reputation as per a different forum |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #14 Posted: Sun Sep 22, 2013 4:22 pm Post subject: |
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| saumya12 wrote: | | I do not understand what make you people to pay such a high brokerage like X and Y are charging. |
Saumya: not every one is happy placing their own orders on the net. I am certainly one of them. Internet may go off, wrong qty/ price/ scrip may be placed. I have 2 dual sim mobiles + 4 diff svc provider sims!
My broker even works for me when I take a nap! I am happy paying 0.35% delivery cash,0.05% one way intra cash, Rs 40 per lot options. Cheers, Prakash Holla |
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #15 Posted: Sun Sep 22, 2013 5:00 pm Post subject: |
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| pkholla wrote: | | saumya12 wrote: | | I do not understand what make you people to pay such a high brokerage like X and Y are charging. |
Saumya: not every one is happy placing their own orders on the net. I am certainly one of them. Internet may go off, wrong qty/ price/ scrip may be placed. I have 2 dual sim mobiles + 4 diff svc provider sims!
My broker even works for me when I take a nap! I am happy paying 0.35% delivery cash,0.05% one way intra cash, Rs 40 per lot options. Cheers, Prakash Holla |
In that case one can opt for CallnTrade, for which they will charge you extra something like 15 to 25 INR per executed trade, irrespective of quantity.
It all depends on ones choice
Cheers |
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