I’ve been trading with HDFCSEC for over 2years now and in all I am simply glad. I dont say this is out of the arena carrier, but it ain’t bad both. It’s the appropriate trading website for small buyers or those traders who do that component time. In reality not for the biggies. Its simple to use, and speedy and green. To shop for shares, you need a HDFCSEC account as well as an HDFC financial institution account, and all you have to do is specify the SCRIP CODE and location the order. In 10seconds you will have purchased the shares and money could be deducted. Promoting is done inside the same fashion. It's far rapid and very very clean, with little or nearly no headaches. The tough component arrives when u do that over the telephone. It takes ages for someone to even pick out up the telephone, and whilst someone does noone can recognize what is going on. If u’re satisfied with quite simple buying and selling that even a 3-12 months-vintage could then HDFCSEC is for you. If u wanna play with critical cash then dont opt for it. Brokerage charges are pretty k. They take round 50bucks of brokerage for a deal of about 5000-8000 bucks which is quite everyday. Inside 3days u get a courier at ur address about the trade info and provider is quite properly. They frequently email you approximately the marketplace and your trades and keep you in touch with the aid of sending SMS and stuff. In all they maintain you worried and they preserve you logged in! The terrible issue is that, unlike sharekhan u can’t overtrade. Meaning if I have ten thousand in my account I will’t trade for even a rupee extra than that. Additionally no brief selling, which means i'm able to’t sell first and purchase later. There may be rolling section buying and selling however this means that I should purchase and promote at the same day over the smartphone. In all if u need simplicity of buying and selling with an affordable amount of money that is for you. If u need masses of options and play with masses of cash then sharekhan could be higher!
