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SHCIL Vs The Rest

Hello All,

I want to open a Demat account, so that I can invest directly in some shares for long term. However, I have a dilemma, which broker to choose.

1). Is it better to open an account with “Stock Holding Corporation of India Limited” then any other Brokerage house? Is it worth paying a bit high brokerage to SHCIL?

2). What are your views regarding ICICI Direct?

I came across an article at Moneylife (link given below):

http://www.moneylife.in/article/wiped-out-by-motilal-oswal-shunned-by-a-callous-sebi-ministry-the-78-year-olds-fight-continues/33258.html

Hence, I want to avoid any kind of malpractice. Please share your views.

Thanks and Regards,
J

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