'Best Online Trading Account- Width and Cost Analysis\r'

'| | |[pic] | | | high up hat ONLINE TRADING ACCOUNT | | | |WIDTH AND equal ANALYSIS | | WEALTH AND INVESTMENT steering : (MGT-216) Submitted to: Dr.\r\nShweta Anand By: HukumSingh Devendar Gautam Naveen Kumar Vijay Singh Vikash Chaudhary Yashpal SCHOOL OF MANAGEMENT GAUTAM BUDDHA UNIVERSITY\r\ngreater NOIDA CONTENTS TOPIC 1. Executive compend 2. Introduction Background of furrow vary in India 3. Theory of Shargon commercialise 4. Major Players 5. methodological analysis of get 6. Objectives of Study 7. Comparative Study of Online affair accesss 8. bring out(a)come 9. Reference EXECUTIVE SUMMARY This be sick as a whole arsehole be shargond into dickens transgresss. ? head start part gives an insight more or less online handicraft and Dematerialization pecker. What is parcel affair and how purchase and merchandise placeing takes place. For merchandise, it is mandatory for us to a rompe a demat or dematerialization reckon.\r\nHow to open a dema t poster and what any told documents ar questd was part of our playing field. Various terminuss pulmonary tuberculosis in shargon securities fabrication such as bears and bulls, intra side factual solar sidereal daylightlight, actors line, grabpage, powerfulness, and so on ? The second part of pouch represents the major players of India and a sm in solely relative analysis has been d unitary on their root watchword of work addicted by these contrasting online employment portals with their ingredientage rates, annual aliment charges, deem rise charges and customer immoral. inst both toldation Background of rail line flip of India The branch of course prep atomic number 18et brush collide with be traced back to 1830.\r\nIn Bombay, wrinkle passed in the sh atomic number 18s of wedges the standardized the commercial brim, the chartered speciemaking(a) bank, the chartered bank, the oriental bank and the centenarian bank of Bombay a nd sh atomic number 18s of cotton presses. In Calcutta, Englishman report the quotations of 4%, 5%, and 6% loans of vitamin E India confederacy as well as the sh bes of the bank of Bengal in 1836. This list was a further broadened in 1839 when the Calcutta newspaper printed the quotations of banks exchangeable union bank and Agra bank. It as well as quoted the prices of business ventures like the Bengal bonded w be residence, the Docking Company and the do tug political party.\r\nBetween 1840 and 1850, only half(prenominal) a dozen brokers existed for the peculiar(a) business. and during the sh ar mania of 1860-65, the number of brokers increase considerably. By 1860, the number of brokers was about 60 and during the exciting catamenia of the Ameri set up accomplished war, their number increased to about 2 hundred to 250. The end of Ameri kindle Civil war brought disillusionment and many failures and the brokers decreased in number and prosperity. It was in those troub le some(prenominal) multiplication between 1868 and 1875 that brokers organized an in pro forma experience and finally as recited in the dent constituting the â€Å"Articles of familiarity of the veer”.\r\nOn or about 9th day of July,1875, a few native brokers doing securities firm business in shargons and melodic phrases resolved upon forming in Bombay an association for protect the character, status and interest of native shargon and business brokers and providing a hall or building for the use of the members of such association. As a meeting held in the broker’ Hall on the 5th day of February, 1887, it was resolved to satisfy a formal deal of association and to constitute the stolon managing committee and to ap argue the first trustees.\r\nAccordingly, the Articles of Association of the Exchange and the pains Exchange was formally established in Bombay on third day of December, 1887. The Association is now cognise as â€Å"The lineage Exchange”. Th e see wages for new member was Re. 1 and on that point were 318 members on the list, when the electric switch was constituted. The come of members increased to 333 in 1896, 362 in 1916and 478 in 1920 and the entrance fee was raised to Rs. 5 in 1877, Rs. ampere-second0 in 1896, Rs. 2500 in 1916 and Rs. 48,000 in 1920. At present there argon 23 recognized subscriber line exchanges with about 6000 broth brokers.\r\nOrganization body structure of dribble exchange varies. 14 decline exchanges ar organized as ordinary nail d proclaimed companies, 6 as companies limited by guarantee and 3 be non-profit voluntary organization. Of the be of 23, only 9 crinkle exchanges get under nonp arils skin been permanent recognition. Others shake off to seek recognition on annual institution. These exchange do non hammer of its own, rather, these atomic number 18 run by some somebodys and with the serve well of some persons and institution. All these ar down as functionaries on trust line exchange. These atomic number 18 1. germinatebrokers 2. sub-broker 3. grocery makers 4.\r\nPortfolio consultants etc 1. ) derivationbrokers acquit brokers are the members of buy in exchanges. These are the persons who buy, consider or deal in securities. A documentation of adaption from SEBI is mandatory to act as a broker. SEBI jakes impose definite conditions composition granting the certificate of registrations. It is obligatory for the person to abide by the rules, regulations and the buy-law. Stock brokers are commission broker, floor broker, arbitrageur etc. Detail of registered brokers |Total no. of registered brokers as on 31. 03. 2008 |Total no. of sub-brokers as on 31. 03. 008 | |9000 |24,000 | 2. ) Sub-broker A sub-broker acts as promoter of line of credit broker. He is non a member of a ancestry exchange. He assists the orderors in buy, selling or relations in securities by dint of and with dividing linebroker. The broker and sub-broke r should slip in into an accordance in which obligations of both should be specified. Sub-broker essential be registered SEBI for a dealings in securities. For getting registered with SEBI, he must fulfill certain rules and regulation. 3. ) securities industry Makers\r\n food market maker is a designated specialist in the specified securities. They make both bid and offer at the uniform judgment of conviction. A market maker has to abide by bye-laws, rules regulations of the adjoined farm animal exchange. He is unbosom from the boundary line requirements. As per the listing requirements, a ships keep connection where the paid-up capital is Rs. 3 crore alone not much than Rs. 5 crore and having a commercial operation for slight(prenominal) than 2 years should appoint a market maker at the succession of issue of securities. 4. ) Portfolio consultants A combination of securities such as stocks, bonds and m superstary market instruments is collectively called as portf olio.\r\nWhereas the portfolio consultants are the persons, firms or companies who advise, go or undertake the knowment or administration of securities or finances on behalf of their guests. THEORY OF SHARE MARKET Stock Exchange: A common political broadcast where buyers and sellers come together to transact in shares and stocks. Electronic job: Eliminates the need for personal handicraft floors. Brokers can mass from their offices utilize spaciousy automated inter lay down processes. Their workstations are connected to a stock exchange’s central computing device via satellite employ truly(prenominal) wasted Aperture Terminus (VSATs).\r\nThe cabarets placed by the brokers pretend the exchange’s central computer and are matched electronically. Stock Exchanges in India: The stock exchange Mumbai (bovine spongiform encephalitis) and guinea pig Stock Exchange (NSE) are the outlandish’s two leading stock exchanges. There are 20 new(prenominal) regional stock exchanges connected via Interconnected Stock exchange (ICSE). Index: An Index is a spaciotemporal measure of market trends intended for intrustors who are touch 1d with general stock market price movements. An index comprises stocks that fuck off tumid liquidity and market capitalisation.\r\nAt NSE, the capitalization of NIFTY (fifty selected stocks) is takes as a mingy capitalization, with the value set at 1000. as well bovine spongiform encephalitis sensitivity index consists of 30 stocks. The index value compares the day’s market capitalization vis-a-vis base capitalization and indicates how prices in general nurse move everyplace a period of period. Stock: In fiscal market, stock refers to the supply of m one(a)y that a confederation has raised. This supply comes from the people who have devoted the company money in accept that the company leave croupe make their money grow. Bears and Bulls:\r\nBears are cautious animals who don’t li ke to move too debauched. Bulls are bold who might charge powerful forward. An investor is said to be bearish if he or she believes that the stock market al broken go down. A bearish investor pass on buy the stock cautiously. A â€Å" optimistic” investor believes that the market willing go up. He or she will charge ahead and put more money into the market. An investor can be bearish or bullish about a particular class of stock. Likewise the term â€Å"Bear mart” describes the time the stock prices have been move on the whole. A â€Å"Bull Market” is a period when stock prices are generally rising.\r\nDematerialization: What is a Demat? Demat is commonly utilise abbreviation of Dematerialsation, which is a process whereby securities like shares and debentures are converted from material (paper documents) into electronic data and stored into computers of an Electronic repository. Requirements to Open a Demat pertain: 1) PAN Card 2) turned Cheque 3) A ddress Proof 4) impression ID Proof craft: It is define as a function when an investor buys or sells in the market. BUYING: 1. An investor gets severalize executed and makes honorarium to the broker. 2.\r\nInvestor instructs his monument Participant to expect reference point on settlement day. Broker instructs his DP to debit his Clearing share broadside on settlement day. 3. Before settlement day Broker makes hire to clarification domicil with Clearing Bank. 4. On settlement day clearing house releases shares to broker’s Clearing Member history which is so transferred to investors placard finished NSDL (National Securities Depository trammel). Investor gets creed in his score. Selling: 1. An investor gets aim executed. 2. Investor instructs his Depository Participant to debit his visor with spry effect.\r\nThe shares move from investors deem to Brokers Clearing Member consider via NSDL. A Broker clearing member enumerates is credited. 3. Before settle ment day broker transfers shares from his clearing member billhook to Clearinghouse via NSDL. His account is debited. 4. On settlement day Broker consumes payment from clearing house which he passes on to the investor. Intraday Based merchandise: Day handicraft refers to the practice of buying and selling monetary instruments within the same job day such that all positions will usually (not necessarily al bearings) be approximated before the market close of the handicraft day.\r\nThis is the opposite of After-hours job. mountainrs that record in day merchandise are called day allotrs. slant Based calling: obstetrical sales talk ground traffic involves buying shares on a market day, retentivity them and selling them only after receiving the sales talk of those shares in demat account. ONLINE SHARE TRADING: Online business involves enthronisation activity which takes place everyplace the profit and it does not require tangible inclusion of broker. An investo r has to register with an online calling portal like dealkhan. com, India Infoline. om and many companies like that and investor gets into an agreement with the firm to deal out in incompatible securities according to terms and conditions in the agreement. As the servers of the online portal are connected all the time to the stock exchange and designated banks the order processing is done in real time and the investors can alike have updates on craft. They can to a fault reserve the status of their order either through e-mails or through interface that it cannot be accessed by the third party. Some options are usually given to the users such as to link their bank account, Demat accounts and brokerage firm house account into a single(a) interface.\r\nA single window is there for all exchanges and a single suppress is there for the carry out order routing mechanism. There are two broad models in play in the online brokerage space- 1) Bank-backed firms 2) Entrepreneur- fl oated firms Bank-backed firms: Bank-backed firms such as ICICI orient. com and HDFC Securities have expand on the basis of their dent frame and trust of investors in them. The merged 3-in-1 account offered by these companies help their lift bank by giving it accounts along with float income. Entrepreneurship-floated firms:\r\nCompanies like India Infoline, Sharekhan, IndiaBulls, Religare and Karvy have expanded by crack the customers a commingle of online and offline accounts, higher margin finance follow and lower brokerage rates. Advantages of Online business: 1) appropriates with the independence of information Through internet an investor can †? Know the price of any stock he desires at any point of time on the internet. ? An investor can freshen the price history of any stock in the chart format online. ? The investor can follow in depth the events misfortune in the market. ? Consult with other online investors in any part of the world. Conduct all-embracing fi nancial look for of any company he desires. 2) Ensures the vanquish(p)(p) price for the investors. 3) suffers minute of arc throw achievement 4) Provides level contend field. 5) Keeps information secure. 6) Instant order clientele bank check. 7) Consult on line help desk for queries. Disadvantages of Online craft: 1) securities firm is high as compared to off line 2) Privacy can be less payable to hacking scandals. 3) relationsal errors due to technical problems. MAJOR PLAYERS OF INDIA The following are the major players: ? A. G. Shares & Securities ? India Bulls ? India Infoline ? Karvy Share khan ? ICICIDirect ? Motilal oswal Secureties ? Religare ? HDFC Securities ? combine notes A. G. SHARES & SECURITIES: A. G. Shares & Securities Ltd. (AGSSL)-(Sister Concern of India Casting Company) †a saga of success. Form a modest outset in 1995 the Company has grown by leaps and bounds under the stewardship of Mr. Ajay Kumar Agarwal (Managing Director). A GSSL is an one stop shop providing gamut of financial usefulnesss which entangle on line calling in NSE & Depository expediencys and Dematerialization of chargey securities, expenditure of corporate action benefits viz. non †currency benefits to the beneficial owner, settlement of securities traded on exchanges, pledging and hypothecation of eligible securities, stock lending and borrowings. Their sister concern namely â€Å" Seema Securities Pvt Ltd. â€Å" a member of mad cow disease is providing mixed exclusive financial operate associate to bovine spongiform encephalitis like online traffic trade and purchase of Debenture, Shares, Warrants, change and purchase of Shares. The other sister concern GKSSL having membership of NCDEX is alike giving spear carrier opportunity of clients to trade in to the highest degree valuable exchanges. overlaps & run: ? Broking with NSE in interchange Market Broking with bovine spongiform encephalitis in interc hange Market ? Dealing in derived profession in NSE & bovine spongiform encephalitis ? NSDL Service ? CDSL Service ? Cash on sale ? Update usefulnesss ? NCDEX Service ? MCX dish out INDIABULLS SECURITIES LIMITED Indiabulls Securities hold was incorporated as GPF Securities Private Limited on June 9, 1995. The name of the company was changed to Orbis Securities Private Limited on December 15, 1995 to change the profile of the company and subsequently due to the conversion of the company into a public limited company; the name was further changed to Orbis Securities Limited on January 5, 2004.\r\nThe name of the company was a sack up changed to Indiabulls Securities Limited on February 16, 2004 so as to gain on the brand image of the term â€Å"Indiabulls” in the company name. ISL is a corporate member of capital market & derived function segment of The National Stock Exchange of India Ltd. At present, ISL accounts for approximately 3% of the total daily dis order of the Exchange with 32,359 client relationships and 70 branches dot across the bucolic as of April 30, 2004. Products Offered by Indiabulls: ? blondness & Debt Stock Broking ? Insurance ? goodness trading ? Depository go ? Derivatives Broking Services rectitude look Services ? common breed statistical distribution ? initial public offering Distribution image of sexual conquest Indiabulls impartiality Trading circular Indiabulls Equity Trading deem is standard Online trading account from India bulls and along with online trading it in any case appropriates priority telephone access that gives you direct access to your Relationship animal trainer and full access to ‘Indiabulls Equity abstract. Application Trading net(Need Installation) spring Indiabulls Power Indiabulls trading remnant is the close to advanced new times trading platform with great speed. This trading storage is built in JAVA.\r\nPower Indiabulls is extremely reach in featu res including screw Streaming Quotes, closely Order foundation and execution, Tic by Tic cost Charts, adept Analysis, do it News and Alerts, Extensive Reports for real time method of accountinging. brokerage house and fees : 1. count on opening fees : Rs 1200/- (One time non-refundable) as down the stairs: 250/- Equity Trading Account opening charge 200/- Demat Account opening charge 750/- Software changes Advantages of Indiabulls Equity Trading Account 1. brokerage firm is less compare to other online trading companies. 2. Provide trading last ‘powerbulls, a umber ground software package.\r\nIts very fast in terms of speed and execution INDIAINFOLINE guarantor PRIVATE LTD India Infoline. com Securities Pvt. Ltd. is a wholly possess underling of India Infoline. com Ltd and is the stock broking arm of India Infoline. com. The subsidiary company was formed to comply with regulatory guidelines. www. 5paisa. com is a focused website for online stock market tra ding. 5paisa. com is a trade name owned by the India Infoline. com sort. IILSPL has applied for trading membership of the BSE under Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) Rules 1992.\r\nIILSPL is in the business of providing broking work online via the Internet (â€Å"E-broking Services”) and has been permitted by the NSE by way of registration permission no: NSEIL/CMO/INET/1103/2000 dated 03/July/2000, and will be obligeing for permission to the BSE, to go forth E-broking Services to its clients. IILSPL is a TRADING MEMBER of the National Stock Exchange of India. Products Offered by IILSPL: ? Stock market: IILSPL deals in stock market by trading in candour and derivatives. ? Personal finance: It Deals In usual Fund and Insurance. ? Online Trading: It provides work in stock and goodness trading (through Internet).\r\nTrade In: BSE and NSE Trading Terminals: 5Paisa offers 2 assorted online trading terminals to its customers: Investor Ter minal (IT) Investor Terminal is 5Paisas comeliness trading terminal for low playscript trader. This is web based terminal and could access from anywhere. This merchandise provides limited features in comparison of bargainer Terminal, which is another harvest-festival provided by 5Paisa. bargainer Terminal (TT) trader Terminal is design for high pile beauteousness traders or day traders. Trader Terminal provides high volume trading with powerful interface and fast order execution. Few popular features of trader terminal are: Fast trade execution with instant trade confirmation. o Live stream quotes and price note on any number of stocks. o Intra day charts, updated live, tick-by-tick. o Live margin, position, marked to market profit & loss report. o peg down any number of price alerts on any number of scrips. o tractability to customize screen layout and setting. o adroitness to customize any number of portfolios & watch lists. o Facility to cancel all pending orders at one click. o Facility to square off all transactions at one click. o Top Gainers, Top Losers, Most officious, updated live. o Index information; index chart, index stock information live. Market depth, i. e. lift out 5 bids and offers, updated live for all stocks. o Online access to both accounts and DP to wear live updated Order and Trade Book. o Facility to place after market orders. o Online fund transfer rapidity from leading Banks including ICICI, HDFC, CITI and UTI banks. o Online intra-day technical calls. o Historical charts and technical analysis tools. o India Infolines world †acclaimed news service and interrogation. o and many more. brokerage and Account opening fees: 1. Account opening fees: Rs 500/- one time non refundable. 2. 5 paisa offer agonistic rates.\r\nThey charge only 5 paisa for Rs 100 of trade done, which is 0. 05%. brokerage. In case of trade that result in delivery, they charge an extra 0. 20% for back office and securities handling . Advantages of 5paisa 1. Very fast execution speed. 2. Rates are very competitive thence other providers. 3. Easy online fund transfer rapidness from leading Banks including ICICI, HDFC, CITI and UTI banks. 4. Free installation of subscribing to usual funds, equity initial offerings and other investing products. Disadvantages of 5paisa 1. No intra-day tick by tick charts in Investor Terminal (IT). 2. Investing in IPO and common notes is not so easy like in ICICIDirect. . tuition 5paisa Trading Terminal is little hard. IPO / uncouth funds investment through 5Paisa (IndiaInfoLine) 1. 5Paisa provides free installation of subscribing to common funds, equity IPOs and other investment products using internet banking account of ICICI, HDFC, CITI and UTI banks. 2. Registered users with 5Paisa can logon to following website to apply in an IPO: http://www. indiainfoline. com/ipo 3. date applying for IPO shares online through 5Paisa, Investor are interpreted to there corresponding banks homepage. Investors can use there net banking user id & password & transfer funds instanter using any of these banks. . 5Paisa members can use the analogous steps to invest in Mutual Funds online. KARVY GROUP Karvy is a phase modulation integrated financial services provider, and graded among the top five in the country in all its business segments, services over 16 million somebody investors in various capacities, and provides investor services to over three hundred corporate in India. Karvy has a professional management team and ranks among the exceed in applied science, operations and research of various industrial segments. History of Karvy: The birth of Karvy was on a modest scale in 1981.\r\nIt began with the vision and enterprise of a itsy-bitsy group of practicing Chartered Accountants who founded the flagship company, Karvy Consultants Limited. They started with consulting and financial report automation and carved inroads into the field of registr y and share accounting by 1985. Since then, karvy utilized its experience and superlative expertise to go from strength to strength, to better their services, to innovate, diversify and in the process, evolved as one of India’s promethium integrated financial service enterprise. Product & Services Offered by Karvy Group: 1. monetary Products Distribution ( enthronizations/Loans). . Karvy consultant ltd. 3. Karvy merchant banking. 4. Insurance(life/general) 5. Stock Broking 6. Commodities Broking 7. Mutual Funds Services SHAREKHAN: Sharekhan is one of the leading retail brokerage of Citi hazard which is running successfully since 1922 in the country. previous it was the retail broking arm of the Mumbai-based SSKI Group, which has over viii decades of experience in the stock broking business. Sharekhan offers its customers a encompassing range of equity related services including trade execution on BSE, NSE, Derivatives, depository services, online trading, investme nt advice etc.\r\nSharekhan is one of Indias leading financial services companies. They provide a comp permite life-cycle of investment resolving power in Equities, Derivatives, Commodities, IPO, Mutual Funds, Depository Services, Portfolio attention Services and Insurance. They also offer individualized riches management services for broad(prenominal) Net worth individuals. With a forcible front man in over 300 cities of India through more than 800 â€Å"Share Shops”, and an online presence through Sharekhan. com, Indias premier online destination, they reach out to more than 800,000 trading customers.\r\nProducts Offered by Sharekhan: ? Equity Trading program (Online/Offline). ? Commodities Trading Platform (Online/Offline). ? Portfolio Management Service. ? Mutual Fund informatory and Distribution. ? Insurance Distribution Trade In: BSE and NSE lineament of Account continent Account Trading Terminal ShareKhan chaste account Allow investor to buy and sell stocks online along with the following features like quadruplicate watch lists, Integrated Banking, demat and digital contracts, real-time portfolio tracking with price alerts and Instant credit & transfer. a.\r\nOnline trading account for put in Equities and Derivatives b. Free trading through prognosticate (Dial-n-Trade) I. Two dedicated numbers for placing your orders with your cellular phone or landline. II. Automtic funds tranfer with phone banking (for Citibank and HDFC bank customers) III. Simple and Secure Inter diligent model Response based system for credentials IV. get the trusted, professional advice of our telebrokers V. After hours order placement facility between 8. 00 am and 9. 30 am c. Integration of: Online trading + Bank + Demat account d.\r\nInstant hard currency transfer facility against purchase & sale of shares e. IPO investments f. Instant order and trade confirmations by e-mail g. angiotensin converting enzyme screen interface for specie and d erivatives ShareKhan SpeedTrade account This accounts for active traders who trade frequently during the days trading academic term. pursual are few popular features of SpeedTrade account. h. Single screen interface for cash and derivatives i. Real-time streaming quotes with Instant order functioning & Confirmation j. Hot keys similar to a traditional broker terminal k. Alerts and reminders l.\r\nBack-up facility to place trades on Direct shout out lines Brokerage: Some stock trading companies charge direct percentage while others charge a fixed core per Rs 100. Sharekhan charges 0. 5% for inter day shares and 0. 1% for intra day or you could say Sharekhan charges 50 paise per Rs 100. Advantages of Sharekhan: 1. Online trading is very user accessible and one doesnt need any software to access. 2. They provides good quality of services like daily SMS alerts, mail alerts, stock recommendations etc. 3. Sharekhan has ability to transfer funds from close to banks. foreign IC ICI Direct, HDFC Sec, etc. so investor not really inevitably to open an account with a particular bank as it can establish link with virtually modern banks. Disadvantages of Sharekhan: 1. They charge minimum brokerage of 10 paisa per stock would not let you trade stocks below 20 rs. (If you trade, you will loose majority of your money in brokerage). 2. Lots of hidden rules and charges. 3. They do not provide facility to book limit order trades during after-hours. 4. Classic account holders cannot trade commodities. 5. Cannot purchase mutual funds online ICICI call for: ICICIDirect (or ICICIDirect. com) is stock trading company of ICICI Bank.\r\n on with stock trading and trading in derivatives in BSE and NSE, it also provides facility to invest in IPOs, Mutual Funds and Bonds. Trading is procurable in BSE and NSE. Trade In: BSE and NSE Type of Account ICICIDirect offers 3 different online trading platforms to its customers: 1. Share Trading Account Share Trading Account by ICIC IDirect is generally for buying and selling of stocks in BSE and NSE. This account allows Cash Trading, Margin Trading, MarginPLUS Trading, level Trading, Buy Today Sell tomorrow and Call and Trade on phone. ICICIDirect. com website is the first trading platform for this trading account.\r\nThey also provide installable application terminal based application for high volume trader. 2. unused investing Account on with stock trading and IPO investing in BSE and NSE, Wise enthronization account also provide options to invest in Mutual Funds and Bonds online. Online Mutual funds investment allows investor to invest on-line in around 19 Mutual Fund companies. ICICI Direct offers various options while investing in Mutual Funds like Purchase Mutual Fund, Redemption and switch between different schemes, Systematic coronation plans, Systematic withdrawal plan and transferring existent Mutual Funds in to electronic mode.\r\nThis account also provides facility to invest in Government o f India Bonds and ICICI Bank revenue Saving Bonds. ICICIDirect. com website is the primary tool to invest in Mutual Funds, IPOs, Bonds and stock trading. 3. Active Trader Account Active Trader account gives more personalized investment options to the investors. It allows investor to use online and offline stock trading. It also provides with freelancer market expertise and support through a dedicated Relationship Manager from ICICI. Active Trader also provides commodity trading. Brokerage and fees 1.\r\nAccount opening fees : Rs 750/- (One time non-refundable) 2. Brokerage : ICICIDirect. com brokerage varies on volume of trade and inclusive of demat transaction charges, service taxes and courier charges for contract notes. It ranges from 0. 1% to 0. 15% for margin trades, 0. 2% to 0. 425% for squared off trades and 0. 4% to 0. 85% on delivery based trades. Advantages of ICICIDirect 1. 3-in-1 account integrates your banking, broking and demat accounts. All accounts are from ICICI a nd very well integrated. This feature makes ICICI the most interesting player in online trading facility.\r\nThere is absolutely no manual(a) interfere require. This is truly online trading environment. 2. Unlike most of the online trading companies in India which require transferring money to the brokers pool or towards deposits, at ICICIDirect you can manage your own demat and bank accounts through ICICIdirect. com. silver from selling stock is procurable in ICICI bank account as soon as the ICICIDirect receive it. 3. enthronement online in IPOs, Mutual Funds, GOI Bonds, and postal Savings Schemes all from one website. universal Insurance is also for sale from ICICI Lombard. 4. Trading is forthcoming in both BSE and NSE.\r\nDisadvantages of ICICIDirect 1. Getting access to ICICIDirect. com website during market session can be frustrating. 2. ICICIDirect brokerage is high and not negotiable. 3. Not all stocks are available under Margin gain. MOTILAL OSWAL SECURITIES: inter connected in 1987, Motilal Oswal Securities Ltd is a well change financial services firm offering a range of financial products and services such as wealthiness Management, Broking & Distribution, Commodity Broking, Portfolio Management Services, Institutional Equities, Private Equity, Investment Banking Services and Principal Strategies.\r\nCompany have a diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions and corporate clients. They are headquartered in Mumbai and as of September 30th, 2009, had a network spread over 576 cities and towns comprising 1,257 Business Locations operated by them. As at September 30th, 2009, company had 5,80,667 registered customers. Type of Account Most E-Broking intimately E-Broking is get laid online stock trading solution for Indiaian stock market.\r\nFollowing are the features of MOSt E-Broking account: o Easy single screen trade r with instant trade confirmation similar to exchange based trading terminals. o Access to various online reports like margin report, Demat A/c details, trades executed, turnover report, net position report with mark to market profit/loss and realized profit. o Online transfer funds through HDFC Bank Awards 1. 2005, Asiamoney Brokers ranked MOSt the outdo Indian brokerage firm in India. 2. March 2006, AQ Research declared MOSt the best research house for Indian stocks.\r\nRELIGARE : Religare Enterprises Limited is Ranbaxy Laboratories Limited promoted financial product and service provider company. Religare provide its service in three different segments including Retail, wealth management and the Institutional spectrum. Company offers bulky range of services including equities, commodities, insurance broking, wealth advisory, portfolio management services, personal finance services, Investment banking and institutional broking services. Religare retail network has more than 900 locations in 300 cities and towns in India.\r\nReligare provides the online opening to their investors so investor can trade online in Equities, Commodities, apply for IPOs, invest in Mutual Funds, and buy Insurance. Religare Securities Limited (RSL) is a subsidiary company of Religare Enterprises Ltd and involve in equity related services include online trading at BSE and NSE, Derivatives, commodities, IPO, Mutual fund, Investment banking and institutional broking services. People who wonder where Religare word came from, its a Latin word significance ‘to bind together. Type of Account\r\nReligare offers its wide range of financial services though a sophisticated and customized trading platform †R-ACE (Religare Advanced leaf node Engine). Below are 3 flavors of R-ACE accounts available to the investors. 1. R-ACE (Basic) R-ACE (Religare Advanced Client Engine) the basic online trading account provided by Religare. Investor can trade and access their account information online and over the phone as well. This account comes with a browser based online trading platform and no surplus software installation needed. 2. R-ACE short (Advanced)\r\nR-ACE clear is the advanced trading platform for the investor of Religare. This trading account provides the entire feature of R-ACE (Basic) account. In addition it also provides real-time streaming stock quotes and alerts. This trading platform is also browser based and no software installation is needed. 3. R-ACE Pro (Professional) As the name indicates this account is for high volume traders. Along with the features from above 2 accounts, this account also comes with Trading Terminal software which needs to install on your computer.\r\nThis terminal directly connects the investor to stock market and having all industry standard Treading terminal features including technical charting (intra-day and EOD), multiplex watch list, advanced hot-key functions for faster trading, derivative chains, futures & options calculator etc. As in basic and advance account, trading is available online through internet and offline though phone. Brokerage and Account opening fees: Religare offers three kinds of accounts as above. Below are detail about fees and activation charges for each account: 1. R-ACE\r\nAccount activation charges Rs. 299/-. marginal margin of Rs. 5000/- required. 2. R-ACE Lite Account activation charges Rs. 499/-. Minimum margin of Rs. 5000/- required. 3. R-ACE Pro Account activation charges Rs. 999/-. Minimum margin of Rs. 10,000/- required. 4. Brokerage at Religare On the basis of volume and frequency of trading, Religare provide different options for brokerages. On the broader way they divided into three categories: o Classic Account Intraday brokerage varies from 0. 03% to 0. 05%. delivery brokerage varies from 0. 30% to 0. 50%.\r\nDerivatives brokerage varies from 0. 3% to 0. 5%. o Classic Plus Fees: Rs 600 validity Period 6 Months Intraday brokerage varies from 0. 03 % to 0. 05%. Delivery brokerage varies from 0. 30% to 0. 50%. o Freedom Account In this payment plan, investor has to pay a fix heart in advance for Monthly (Rs 500), quarterly (Rs. 1400), Half-yearly (Rs 2500) or yearbook Subscription (Rs 4000). This one time payment enable account holder to trade for Rs. 3,00,000 intraday & derivative trading and Rs. 40,000 of delivery based trading for nobody brokerage. o surmount Account\r\n trump card account has four payment options, saddle horn Plus, Trump tops(p), Trump data track and Trump Super Star plan. ? Trump Plus has annual subscription fees of Rs 2,500, Brokerage on Delivery Trades is 0. 25% and Brokerage on Intraday Trades & F Trades is 0. 025%. ? Trump Super has annual subscription fees of Rs. 15,000, Brokerage on Delivery Trades is 0. 15% and Brokerage on Intraday Trades & F Trades is 0. 015%. ? Trump Star has annual subscription fees of Rs. 50,000, Brokerage on Delivery Trades is 0. 10%, Brokerage on Intr aday Trades is 0. 01% and Brokerage on Future Trades is 0. 08%. ? Trump Super Star has annual subscription fees of Rs. 1,00,000, Brokerage on Delivery Trades is 0. 10% and Brokerage on Intraday Trades & F Trades is 0. 005%. Advantages of Religare 1. Religare gives interest on unutilized cash when investor is waiting to make next trade or online investment. 2. They provide intraday reports and historical charting. 3. Varity of fee structure to fulfill need of different type of investors HDFC SECURITIES: HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone.\r\nThe HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly locomote from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day t rading on both NSE and BSE, Trade on Futures & Options on the NSE and Online IPO Investment. Features on HDFC Securities Online trading : 1. Seamless dealingss †By combine your accounts, we ensure minimal waste of time during movement of your funds and shares. . Speed †Orders are placed electronically, so proceeds are available instantly. 3. No manipulation †To delay any mismanagement, we will send you an e-mail confirmation, the minute your order is executed. 4. Safety and auspices †HDFC Securities offer the highest level of security such as 128-bit encryption technology. 5. Dedicated and split contact numbers †for trading over the phone as well as for customer care. RELIANCE MONEY: corporate trust coin, A opinion bully Limited Company, is the financial services division of cartel Anil Dhirubhai Ambani (ADA) Group.\r\n trust ADA group is among top 3 business houses in India with wide range of presence across various sectors. Group’s maj or interests ranges from communications (Reliance Communications) and financial services (Reliance Capital Ltd), to generation, transmission and distribution of power (Reliance Energy), radical and entertainment. Reliance coin has over 22 lakhs customers and more then 10000 branches in around 5000 cities in India. Company is among the largest broking and distribution house of financial products and having share of more then 3% of total stock market volume at BSE & NSE.\r\nRelianceMoney. com is the web based investment portal (with Online Stock Trading) from Reliance Money. This website enables its customer to invest & manage most of the services provided by Reliance Money including Equity (Stock) Trading, Commodity Trading, Derivatives, Mutual Fund Investment, IPO Investment, brio Insurances, oecumenic insurances, Money Transfer, Forex exchange, cash Coins and Credit tease Services. Company recently entered in to Wealth Management with tools like investment in equity -linked portfolio management services, structured products, insurance and mutual funds.\r\nThe Reliance Money stock trading websites uses special security features ‘Security minimal, which makes your online trading experience more secure without complexity. Stock Trading through RelianceMoney. com is available for BSE and NSE stock exchanges. Offline trading is also available through Reliance Money partners in more then 5000 city across India and through phone by dialing 022-39886000. Investment Options The investment options available with Reliance Money online portal are as below: 1. Equity (Stock) Trading at BSE, NSE and NSE F&O 2. IPO Investment 3.\r\nDerivatives Trading 4. Forex Trading 5. Commodity Trading(Gold, Silver, Crude etc…. ) at MCX, NCDEX and NMCE (FAQs) 6. Mutual Fund Investment 7. Life & General Insurance 8. ‘Pure Swiss Gold Coins (99. 99% pure, 24 carat) Trading Platforms Reliance Money provides 3 different trading platforms for equity trading: 1. Insta Trade 2. Fast Trade 3. Easytrade Reliance Money Technical Analysis (A paid service) Relance Money offers a simplified, automated, sophisticated technical analysis to Indian retail broking consumers with the help of Recognias Technical Analysis tools.\r\nRecognia, a Canada based company, has proprietary designing recognition technology opened of recognizing patterns in the price charts of any publicly traded financial instrument including stocks, bonds, funds, commodities, currencies and indexes. The technical services are available for introductory free 7-day trail period to Reliance Money users. bet the trail period, this service is available to users at a nominal subscription of Rs. 99 for 3 months/ Rs. 179 for 6 months/ Rs. 299 for a year, i. e. , less than Re 1 a day. Reliance Money Brokerage and fees:\r\nReliance Money offers terminal brokerage rates in todays online stock trading industry in India. The brokerages are as low as 0. 075% for delivery based t rading and 0. 02 for now delivery. For more detail about Reliance Money’s brokerage and fees visit the below section of this webpage. Reliance Money Demat Account Charges: |Fee Head |DP Charges | | one-year Services Charges †For Individuals / HUFs / Trust |Rs. 0/- | |Annual Services Charges †For NRIs / Foreign Nationals, Corporates / Others |Rs. 1000/- | |Transaction Charges †SELL (Market & Off Market) |Rs. 25/- | |For instruction manual given in physical form. | | |Transaction Charges †SELL (Market & Off Market) |Rs. 12/- | |For instructions received through Internet/ online trading through Reliance Securities Ltd. | Advantages of Reliance Money 1. Extra security features with ‘Security Token”, which is the most secure and tested technology in computer world. 2. Simple, easy and fast online stock trading. 3. Almost all investment options are available under one account including Equity Trading, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. Branches are available in all major cities and the number is growing. METHODOLOGY OF use up Research can be defined as a systemized effort to gain new knowledge.\r\nA research is carried out by different methodologies which have their own pros and cons. Research methodology is a way to solve research in study and solving research problems along with system of logic behind them are defined through research methodology. Thus while lecture about research methodologies we are not only talking of research methods but also consider the logic behind the methods. We are in context of our research studies and explain why it is being used a particular method or technique and why the others are not used.\r\nSo that research result is capable of being evaluated either by tec himself or by others. Research Methodology: Research has its special significance in solving various operational and be after problems of business and industry. Research methodology is a way to systematically analyze the research problem. Sampling Methods: A sample is the representative of the population which will predict the behavior of the whole universe While decision making about the method of data ingathering to be used for the study the research worker should keep two types of data. . Primary Data. 2. thirdhand Data. We use in our research indirect data. Primary means collected a fresh, and the first time data and collateral means which are already available like annual report, magazines etc. Limitations: both work has its own restrictions. Limitations are close to which the process should not exceed. The following limitations for the project are: ? Data taken was lower-ranking ? A time constraint has also become a major limitation ? Complete data was not available due to company privacy and silence Objectives of Study: Understand basics of Online Stock Market Trading in India. ? Provide detail about popular online stock trading companies in India. ? Compare and dispute about stock trading websites, their products and services ? To study the awareness of people towards online trading & demat account. ? To study customer cheer towards operational expenses of online trading. ? To study the client’s satisfaction towards network security & security of their money. destruction ? The brokerage rates of A. G. Shares and Securities are maximum, i. . 9 paisa intraday and 90 paisa delivery while brokerage rates of Reliance Money are minimum, i. e. 2 paisa intraday and 7. 5 paisa delivery rate. ? The account opening charges for Indiabulls is maximum while it is nil at India Infoline, Sharekhan and HDFC Securities. ? The AMC at India bulls and Sharekhan are postcode while maximum in Religare Rs 1200 p. aOn the basis of our analysis Reliance Money is the best online trading account because it charges minimum brokerage rates and less annual aliment charges ?\r\nBranches are available in all major cities and the numbe r is growing ? It is very difficult to find out the best online trading account but in a web survey ICICIDirect was founded the best online trading account. ? Second no. was given to India infoline REFERENCE 1) http://www. chittorgarh. com/newportal/online-stock-brokers-list. asp 2) www. indiainfoline. com 3) www. 5paisa. com 4) www. sharekhan. com 5) www. indiabulls. com 6) www. agssl. com 7) www. karvy. com 8) www. wikipedia. com [pic]\r\n'