Nsdl based stock broker

[yb24]

Hey if anybody knows a discount broker who opens account in nsdl
Kindly tell me I am looking for nsdl based broker because cdsl based broker goes down when any event happens In market

 

[j_s]

Quite a bit of generalization there. Not entirely true or related infact.

 

[yb24]

Quite a bit of generalization there. Not entirely true or related infact.

Bro the load on cdsl is too much due to large number of brokers on 4th June cdsl was down ,all discount brokers were down retail was unable to sell or buy shares on that day

 

[Riya]

Sharekhan works with NSDL

 

[yb24]

Sharekhan works with NSDL

It is full-time broker high brokerage charges

 

[dadofjohnwick]

there's kotak neo. i think there are some subscriptions options for this; worth consideration.

 

[j_s]

Bro the load on cdsl is too much due to large number of brokers on 4th June cdsl was down ,all discount brokers were down retail was unable to sell or buy shares on that day

Wildly incorrect statement.

 

[Riya]

It is full-time broker high brokerage charges

Well, it wasn't written anywhere that a discount broker is needed...

 

[Wealth is my birth right!]

Most of the discounted brokers with cdsl only
Do like me
I hold bulk trades with zerodha cdsl and back up axisdirect nsdl

 

[Rishabh]

Go with Axis Direct or HDFC Sky & opt for reduced brokerage plan with some nominal fees if you really need NSDL based.

 

[sauravkumar]

Hey if anybody knows a discount broker who opens account in nsdl
Kindly tell me I am looking for nsdl based broker because cdsl based broker goes down when any event happens In market

Really liked the question ..👍👍

Actually NSDL charges more than CDSL to brokers ( Not 100% sure though).
I think that's why most of the Full-Time brokers go to NSDL for service quality.


Also totally agree with you brokers with CDSL tie-up face downtime very often.😑😑

That is the reason for always having atleast 1 Full-time broken also. Right now I have 3 demat brokers and I can service quality wise NSDL tie-up broker is better.😀😀

 

[yb24]

Go with Axis Direct or HDFC Sky & opt for reduced brokerage plan with some nominal fees if you really need NSDL based.

Both are worst.Never Suggest them to anybody

 

[yb24]

Wildly incorrect statement.

So what is correct bro kindly guide me

 

[Rishabh]

Both are worst.Never Suggest them to anybody

I dont think so. Axis Direct I have along with other discount brokers, never faced any issues till date. And the Alpha calls they shared on email have good success rates.

NSDL has low Demat Debit charges on sell transactions, somewhere around 5 to 6 rs while CDSL charges minimum around 14rs per Sell script.
IDFC promote this as USP for their 3 in 1 Demat via ICICI Direct 😛 🙂

 

[Rishabh]

I suggested only because NSDL was the requirement.

 

[yb24]

I dont think so. Axis Direct I have along with other discount brokers, never faced any issues till date. And the Alpha calls they shared on email have good success rates.

NSDL has low Demat Debit charges on sell transactions, somewhere around 5 to 6 rs while CDSL charges minimum around 14rs per Sell script.
IDFC promote this as USP for their 3 in 1 Demat via ICICI Direct 😛 🙂

Axis direct amc is too high and their user interface is not good

 

[Wealth is my birth right!]

I dont think so. Axis Direct I have along with other discount brokers, never faced any issues till date. And the Alpha calls they shared on email have good success rates.

NSDL has low Demat Debit charges on sell transactions, somewhere around 5 to 6 rs while CDSL charges minimum around 14rs per Sell script.
IDFC promote this as USP for their 3 in 1 Demat via ICICI Direct 😛 🙂

You’re right bro
Cdsl 13/- per script debit
Axis direct i get mails but not used to buy anything
Alpha calls are they weekly?

 

[Rishabh]

Axis direct amc is too high and their user interface is not good

No idea on AMC since it is free for me with Burgundy. Never used their website, only RING mobile app which is not bad.

 

[yb24]

No idea on AMC since it is free for me with Burgundy. Never used their website, only RING mobile app which is not bad.

Ya amc for burgundy is free and I think brokerage charge is also less for burgundy.

 

[Wealth is my birth right!]

Ya amc for burgundy is free and I think brokerage charge is also less for burgundy.

For my Burgundy account they r taking 0.4 and 0.004 but i am yet to get some approval for it to be 0.25