• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

How many stock brokers you have and for what purposes?

I will provide a link later why Dhan’s order management system is considered superior than the rest. They have their in house OMS.
Excellent ..very good.

I hope this experience remains the same for the forseeable future..
 
  • Like
Reactions: m4b
For me I don't trust only one broker to be reliable.
There are many instances where broker faced glitches that too on important days. Also for segregating between long term, shortterm and trading portfolios, multiple brokers are handy. During ITR the capital gains or tax statement is given by broker itself, for major brokers that one statement is sufficient.

I am not trying to convince you, just giving my POV.
You mean dhan for long-term, groww for short term and shoonya for trading like this pattern will serve the purpose better. Right 👍?
 
groww for short term
I use groww only for Mutual funds. No stocks related activities on groww. Kabhi bhi issue aa jata hai usme
shoonya for trading
No idea about shoonya. I know it faced some issues in the past. If you feel it reliable then surely.
dhan for long-term
This is what i do.
I also have angel one for short term trades and IPO. I don't do intraday or FnO so I don't need 3rd broker.
 
I have,

ICICI Direct. - Legacy from long time back - Some shares lying - Planning to close this soon. AMC gets deducted unnecessarily every year
Axis Direct - Free account opened with burgundy - Not used
Zerodha - Actively used for Equity delivery - Linked with IDFC first as 3-1 account. Best for equity delivery especially when you have to transfer 5-10L amount in one shot
Angle One - Opened for managing satellite portfolio - primarily for 3-1 capability, but not there now. Will close this soon
Dhan - For Wife - Very good tech platform and features - Direct integration with ICICI bank - one click transfer (this is really good feature)
Dhan - Planning to open by closing Angle one

Going forward, it will be Zerodha (IDFC 3 in1) and Dhan (ICICI 3 in 1). And for wife it will be only Dhan
what is these 3-1 account means ?
 
what is these 3-1 account means ?
A 3-in-1 Demat account combines a bank account, trading account, and Demat account, making it easier to invest. It allows seamless fund transfers between your bank and the broker, so you can quickly buy and sell stocks while keeping your shares in electronic form. This simplifies the investment process by having everything in one place.
 
I have two stock brokers, and I use them for different reasons. One is for my long-term investments, where I stick to solid, blue-chip companies. It’s like planting a tree and waiting for it to grow over time. The other broker is more for day trading and trying to catch those quick profits. It’s a bit like fishing—you’ve got to know when to reel in!
Having both gives me a nice balance between stability and excitement. Plus, I like to keep an eye on the market trends with both, so I’m not putting all my eggs in one basket. If you’re looking for a good platform, you might want to check out the Fast Track Tarding Coupon Code; it can give you some nice perks to get started!
 
Last edited:
What I believe, I need one full fledged full service broker for the uncertain times for the high volatile high volume days.. this one day can ruin / make huge money if you are into this game heavily... for that purpose we need one highly reliable platform...

I dont want to discuss what could happen / generally happens duirng those days at the budget players like Zerodha.etc.....
I just dont want to ...

Regarding the fee:

Its is a one-off 9,500 subscirption fee that comes with some 22K worth free brokerage .. this should be used within 6 months..

Here are the details:

View attachment 56501





WM Account gives : Priority Circle.. means high level support..

ICICI Direcrt I value plan gives; 300 AMC...


Prime Plan 9,999 plan gives : (this I got it for 9,500 at the inital days of launch)...

View attachment 56502
I was recently looking into ICICI Securities due to the low MTF Interest rate and I just wanted to ask if the 'Prime Plans' are actually for lifetime? Like is there a catch? Do I just pay 9999 once and get to enjoy the cash and margin rates for lifetime?
 
Back
Top