Motilal Oswal(3.8) Open Account
HDFC Securities(3.1) Open Account
ICICI Direct(3) Open Account
|Broker Type||Full Service Broker||Full Service Broker||Full Service Broker|
|Account Maintenance||₹ 199||Free||₹ 700|
A retail trading and investment service, ICICI Direct, is a part of ICICI Securities, the largest retail stock broker firm in India. ICICI Direct offers 'online trading and investment' services to more than 20 lakhs customers. It offers services online as well as through a network of branches across India.
Opening a trading account with ICICI direct is free of cost irrespective of the plan you have chosen. However, the other charges like brokerage, maintenance, margin, other charges depend upon the product, segment and the plan you have chosen.
ICICI Direct provides a range of trading and investment options, thus giving new investors a platter to choose from. Also, the company offers free research and advisory services, which makes it easier for stock market beginners who need hand-holding, to start their investment journey and further provides them with a convenient trading experience.
HDFC is a prominent group in India. HDFC Demat account provides a wide range of products to its customers. HDFC securities provide multiple platforms and advanced tools to its customers. They also provide research and tips to their customers which is useful for investors.
Click on “Open Demat Account”
Select online and a form will open
Fill in the mandatory details and submit the form
Within two working days, you'll receive a call from an HDFC representative to verify the details and you will be asked to send identity and address proofs through emails
Finally, You will receive a successful account of your registered mobile number.
Indeed, HDFC does provide a Demat account. It has more than 2 million Demat accounts and more than 3500 Demat centres network.
It provides two types of Demat account- Basic Services Demat Account and Normal Demat account.
Yes, with a market presence of more than 30 years, Motilal Oswal is a reputed SEBI registered stockbroker and depository participant. The company focuses on technology and profitability. It is also a depository participant with NSDL and CDSL.
Hence, Motilal Oswal can be considered as a safe and trustworthy financial platform for trading, owing to its reputed brand name and years of service and experience in the industry.
Yes, Motilal Oswal is a highly trusted name in the country, which has been in operation since the last 30 years. A SEBI registered stockbroker, Motilal Oswal is a member of BSE, NSE, MCX and NCDEX. It provides research and advisory services. The company is present on every platform ranging from mobile, web, tablet, desktop and smartwatch app.
They also provide customized service, education material and stock recommendations for customers. They also have a low complaint to active clients ratio.
Borrowed funds from a brokerage firm to leverage an investment is known as Margin. The margin in Motilal Oswal varies across its products and segments.