Opening an narrative next to ICICI Direct?
Hi,I recently open a demat account next to Karvy for applying reliance ipo. So using this demat account can i break open a trading account next to ICICI Direct? Is this a normal process? Is within any advantages/disadvantages due to this? Please let me know the details.
Thanks
Answers: Yes, you can break open a trading account beside ICICI. It is not a normal process since it requires recounting karvy that you will be trading through ICICI.
Advantage
- You can trade through ICICI as well as Karvy
Disadvantage
- Brokerage firms dont inspire this as they Karvy wont get commision if you trade through ICICI and vice versa.
in that are many advantages to hold two trading accounts and you can officially unscrew them. I too have near ICICI DIRECT and
Sharekhan.
*In the days of wild fluctuation of prices, tons times the server fails or the speed of execution is especially slow. So you have the choice of two accounts.
*Karvy/Sharekhan as such do not pay packet the proceeds directly
since they do not bank. Only tie-ups near various bank are available. This takes one or two days to annul after the funds are transferred/credited to our account.
*as far as ICICI is considered, though their brokerage rates
are somewhat superior,if you want funds on the day of settlement itself, they charge 1%[one] as brokerage; this facility is not available near brokerage houses.
*your account next to Karvy will not be a hinderence;you need not even mention roughly speaking your demat account near Karvy. Just your PAN card will do with a minimum be a foil for of Rs.5000.
*you can use one account for long possession holdings for one year and get IT benefit and the other for short residence trading.
*ABOVE ALL ICICI DIRECT IS A THREE-IN-ONE ACCOUNT[SB,DEMAT & TRADING] YOU CAN HAVE KARVY ACCOUNT FOR LONG TERM HOLDING AND CHANGE YOUR ST HOLDINGS TO ICICI.
* I hope this explanation is enough and adjectives to you. Happy investing.
Overseas property investment near little down payoff?
i am looking to invest in over sea property, most likely somewhere approaching egypt or cape verde preconstruction, but we hold very little nouns under 5000, why is it that if we look at cheaper places , after the amount of deposit is higher, we seem to be to be in a no win situation, we would approaching a company or devloper to finance it for us and we do not want to nouns it from the uk, can anyone help?Answers: Investing within overseas property can be very dicey, as foreign economies can be drastically volatile, especially in the third world. Due to the volatility of indisputable estate prices, lenders will want large down payments to ensure they can foreclose on properties and catch their money back, even if the property have dropped in convenience. Cheap places can be especially volatile, and require higher however down payments.
I myself would never invest in a property that I could not readily stop by. They are just to strong to manage from afar, especially contained by a foreign country where you do not read the laws and style. Most good material estate experts recommend investing locally.
How to buy stock shares?
Hello I want to purchase some shares for my company stock but I am not sure how to do this is there any stock tradeing trellis site where I can unfurl an account and purchase and flog stocks?Answers: fidelity.com, etrade.com, prudential.com,
any big bank; ie BankofAmerica.com, HSBC.com etc.
ameritrade, tradeking, zecco, etrade, scottrade etc..
i started out using Tradeking but presently i use ameritrade & zecco!
Tradeking charges an extra .01/share for stocks under $2
to me ameritrade have the best tools & charts but with zecco i attain free trades as long as i have more than $2500 within my account