Apr 28, 2015 10:42 AM
56327 Views
I was offered to open a free demat and trading account as I am having a salary account at HDFC bank, But they deduct Rs 1900 from my savings account and give explanation that, account opening is free but I need to pay the Annual maintenance and the demat charge for 1 year.
Also there daily trading recommendations are not good, They just give trading recommendations to generate brokerage form their clients. Also there Demat out going charges are higher than other brokerage, They are charging all those money for their brand name only where as services are not like that quality.
They are mainly focusing on big clients to manage and diversify their funds, so it is not a good broker for small traders.
