Best Broker for Applying IPO ONLINE

But i know one of the worst!

Among all the brokerage houses, Icicidirect is worst. It closes its issue at 1.00 pm on last day, and doesn't give time for next 2 hrs. Its research is of medium to low graded. Their research stock never shows more than 20% appreciation. Brokerage is quite higher (app. 1 % for variable mode.) Late response from site at the time of rush hours. U just waiting on your pc screen for response.
(Now u will ask me, how i know? Simple I m client of Icicidirect.:D )


New member
Plz. update this comparison table:

Plz. update this comparison table:

Broker---- Demat account--brokerage (day/delivery)---Advantage/downside
Indiabulls------ (900)------0.10 & 0.50------- No annual charge for "power Indiabulls"
ShareKhan----300(2nd yr)-----?--0.50 -------online transfer, min. 5000 to open acc.
Master Capital----300------0.04 & 0.40--------
HDFC ----- ----- 800--------?----0.50 -------online transfer of money
ICICIdirect------ 500----------?--0.75--------online transfer of money, slow, IPO buy closes 1-3pm on last day
5paisa----- ----- NIL------ 0.05 & 0.25 -------for Trader terminal min. 1000 brokerage per month
Religare ---------NIL-------0.05 & 0.50--------online transfer of money-minimum margin Rs 5000.
*Service chareges are extra for all tradings
Last edited: