CompareShareBrokers Latest Blogs  (100)

Sharekhan, the popular stock broker is amongst the top five Share Brokers in India having customer base of more than 20 lacs, 3200 branches and sub Brokers in 575 cities.Sharekhan offers the most convenient way of handling stock market trading. The Sharekhan 3-in-1 account which comprises of Sharekhan trading and demat account and your bank account with AXIS / INDUSIND / HDFC Bank.

HDFC Securities is highly recommended, convenient and popular among the NRI investors who want to invest in the Indian stock market and mutual funds but the downside is HDFC Securities does not provide the online 3-in-1 account facility to US & Canada customers and charges very high brokerage vs its peers.

ICICI Direct offers the most convenient way of handling stock market trading.The ICICI 3-in-1 account for NRI, which includes NRI saving Bank Account, NRI Trading Account, and NRI Demat Account, is the key offering for NRIs investors.

Till sometime back Zerodha was not offering the facility of IPO application, As a customer of Zerodha, you supposed to apply for IPOs using the ASBA (Application Supported by Blocked Amount) from your respective bank’s net banking portal or by visiting a bank and submitting a physical application with your Zerodha demat account number.

First step is to open NRE/NRO Saving bank account.By mapping your NRE account, you can only trade in the Equity segment whereas through an NRO account, you could trade in both Equity & Derivative segment.

Non-Resident Indian (NRI) An Indian Citizen who stays abroad for employment/carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident.

When organisation uses his own capital to trade in security market called as proprietary trading, also popularly known as prop trading. Normally Brokerage firms, Investment bank would carry out such kind of transactions to maximise the profit as it allows a firm to earn full profits from a trade rather than just the commission it receives from processing trades for clients. These trades often deal in derivatives or other complex investment vehicles and are usually speculative in nature.

Kotak Securities, the popular stock broker is amongst the top five Share Brokers in India having customer base of more than 13 lacs, 1329 branches and sub Brokers in 367 cities and execute over 5lacs trade per day.

There is a number of charges involved while trading in India i.e. buying or selling of shares. Some of them are common like brokerage charge & STT, while there are many whom the investors are not aware of. In this article, we are going to explain, Stamp duty levied by various States on Equity transactions

Share trading has become very prevalent in India and many taxpayers hold some of their investments in shares. In this article, we look at the applicability of income tax on share trading in detail for the 2018-2019(Assessment Year 2019-2020) The traders or investors enter into different types of transactions on Stock exchange which includes Delivery based transactions, Intraday trading and trading in derivatives (Futures, options).