Online Trading websites for Indian shares.....Please share your suggestions


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PMA   
Member since: Apr 05
Posts: 81
Location: Toronto (Now in India)

Post ID: #PID Posted on: 30-03-06 14:41:48

Dear Friends

Please share your experiences, suggestions regarding on line trading websites for Indian share markets from Canada.

What are the requirements to do on-line trading from Canada?

Is there any special requirements for NRI's to do on line trading from Canada?

Any experiences about Sharekhan website (www.sharekhan.com) and other on-line trading portals?

Your suggestions are highly useful to other CDs also, as Indian share market is doing well.

Thanks to all of you for sharing.

PMA.


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Knowledge is Power


PMA   
Member since: Apr 05
Posts: 81
Location: Toronto (Now in India)

Post ID: #PID Posted on: 01-04-06 15:22:18

Dear Friends

I am looking for some replies from CD friends.

I am thankful to all of you for giving valuable suggestions and advise on the above topic.

Thank you.

PMA.


-----------------------------------------------------------------
Knowledge is Power


rajuu   
Member since: Aug 04
Posts: 99
Location:

Post ID: #PID Posted on: 01-04-06 16:55:38

Contact the nearest Sahrkhan branch in India. Their rep will help you to open account with them. similarly you need to open a bank account Say HDFC . You can transfer the money to and fro between sharekhan and HDFC . You can buy the shares. Similarly you can transfer the money in to HDFC when ever you sell the shares . You can do all on line except opening the accounts with the Bank and Sharekhan.




indione   
Member since: Feb 05
Posts: 76
Location: Canada and India

Post ID: #PID Posted on: 01-04-06 20:04:14

I have been trading regularly with sharekhan and have had no problems. Their research reports are good and and very profitable. The only shortcoming is that you will be able to trade only thru the NSE online and use the telephone if you want to trade thru BSE.

Happy investing!


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Light up your life by being positive


PMA   
Member since: Apr 05
Posts: 81
Location: Toronto (Now in India)

Post ID: #PID Posted on: 02-04-06 09:17:26

Dear Rajuu

Thank you for your reply. You information is really a valuable one for me.

Can I use this sharekhan account from Canada also? presently I am in India and I am ready to open account with Sharekhan.

Is there any problem in future if I change my status to NRI. Is it necessary to inform the HDFC and sharekhan about my status.

Please give me your advise.

Thank you.

PMA.


Quote:
Originally posted by rajuu

Contact the nearest Sahrkhan branch in India. Their rep will help you to open account with them. similarly you need to open a bank account Say HDFC . You can transfer the money to and fro between sharekhan and HDFC . You can buy the shares. Similarly you can transfer the money in to HDFC when ever you sell the shares . You can do all on line except opening the accounts with the Bank and Sharekhan.




-----------------------------------------------------------------
Knowledge is Power


PMA   
Member since: Apr 05
Posts: 81
Location: Toronto (Now in India)

Post ID: #PID Posted on: 02-04-06 09:21:50

Dear Indione

Thank you very much for your reply.

Are you using this sharekhan account from Canada also?

Is there any problem in future if I change my status to NRI. Is it necessary to inform the sharekhan about my status.

Please give me your valuable suggestion.
Thank you.

PMA.



Quote:
Originally posted by indione

I have been trading regularly with sharekhan and have had no problems. Their research reports are good and and very profitable. The only shortcoming is that you will be able to trade only thru the NSE online and use the telephone if you want to trade thru BSE.

Happy investing!


-----------------------------------------------------------------
Knowledge is Power


rajuu   
Member since: Aug 04
Posts: 99
Location:

Post ID: #PID Posted on: 02-04-06 10:16:49

Please give your status details to Sharekhan and the bank ( HDFC) , and they are the right people to tell you how to operate the account as NRI ,legally.

When I opend the account, i was residant Indian. Now iam not trading due to want of funds .

If you open finally ,I suggest to transact in the presence of sharekhan rep and note down the operating procedures . Later change all the passwords .




Quote:
Originally posted by PMA

Dear Rajuu

Thank you for your reply. You information is really a valuable one for me.

Can I use this sharekhan account from Canada also? presently I am in India and I am ready to open account with Sharekhan.

Is there any problem in future if I change my status to NRI. Is it necessary to inform the HDFC and sharekhan about my status.

Please give me your advise.

Thank you.

PMA.


Quote:
Originally posted by rajuu

Contact the nearest Sahrkhan branch in India. Their rep will help you to open account with them. similarly you need to open a bank account Say HDFC . You can transfer the money to and fro between sharekhan and HDFC . You can buy the shares. Similarly you can transfer the money in to HDFC when ever you sell the shares . You can do all on line except opening the accounts with the Bank and Sharekhan.






Contributors: PMA(7) indione(3) rajuu(2)



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