Online Trading Platform : India

Online Trading Platforms available in the India

1. IndiaBulls
2. Reliance Money
3. ICICIdirect
4. Religare
5. Motilal Oswal
6. Share Khan
7. Angel Broking
8. Geogit
9. Karvy
10. Aanand Rathi

Which one to Choose

1. Brokerage: must be very low, so that trading can be done regularly without much worry of excessive brokerage. But most of the brokerage house have multiple brokerage schemes & also vary from customer to customer (negotiable), so brokerage house can't be easily compared on this basis. But still I would say ICICIDirect seems most expensive & cheaper includes Reliance Money, Karvy, and Indiabulls etc.

2. Mode of Operation: Internet (Web based, Software based), Operable using Internet through mobile (Opera Mini) (though As per SEBI rules trading from mobile is not allowed), Phone, paper based. Most have multiple options or all option, considering this ICICIDirect & Indiabulls are good.

3. Integration of Services: Integration of bank account, IPO, Mutual Fund etc also counts.

4. Off-market Instruction: Some Brokerage house like Reliance Money doesn't allow this at present.

5. Stock Margin: Some Brokerage house allows you to buy beyond your cash balance (stock margin), so that you can cash opportunities like Sudden Market Crash

6. Downtime: some site remains down in off market hours for some time, Reliance Money is notorious in this regard.

7. Support: Indiabulls is best in this regard as you are allotted a Relationship Manager, so in case of any query you know whom to talk.

8. Others: Other factors also affect the selection as yearly maintenance charge, any special offer etc.