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by Kaushik das on Oct 20, 2005 03:58 AM

First of all, it's brokering, not broking.
Now, I had interactions only with ICICI and HDFC. HDFC gave me some basic info assuming I knew all about trading. There was no one there from the demat division and they took my number and name down. I never got a call from them.
ICICI are cheats. First of all, they make you open a salary account when all you want is a demat account. Anyway, I did. But the worst thing is that since I am an employee of their top 50 companies, they said I would be charged 0.05% as brokerage. What they did not tell me was that this was valid only for the first quarter. Quite a useless thing when I am not a frequent or heavy trader. And I had to actually claim back the difference at the end of the first quarter. They had conveniently forgotten everything. Cheats. Unethical cheats.

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