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Prabhu Kumar   26 February 2023

Choosing a sub broker is good?

Choosing a Sub Broker is good?



Quick Summary
Choosing a sub-broker involves deeper considerations and potential obligations. For stock broking, it's often advised to avoid sub-brokers, even if SEBI registered. The stock market is highly competitive and regulated, with many reputable firms like HDFC Securities, Angel Securities, and Kotak Securities offering comprehensive accounts and competitive brokerage rates.

 3 Replies

Dr J C Vashista (Advocate)     26 February 2023

The facts involve some deeper issues for consideration and obligation of Admin LCI.

Sidhhi   26 February 2023

If this query is for stock brokers don't rely on sub brokers even if registered with SEBI. Stock broking is very competitive and well regulated business and you can easily get all in one account with HDFC Securities/Angel Securities/Kotak Securities.They charge 0.3% brokerage and reputed

RAKESH PIPRODIA (ADVOCATE)     01 March 2023

Always opt for certifed and SEBI registered Sub Broker 


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