I am an Indian National fron New Delhi and recently moved to Qatar. Can anyone tell me if I could open an online Trading Account + Demat Account from here for trading in the Indian Stock Market?
Any leads on this would be useful. Appreciate your responses.
You can make use of the world class online stock trading platform offered by GEPL from anywhere. It’s available in three versions – easy version for beginners, advanced version for experienced users, and premium version for advanced users. GEPL’s online stock trading platform allows equity trading, F&O trading, as well as commodity trading.
As far as I know is that you have a limited options that to not so advisable.
•Doha bank DBFS through Axis bank is very costly as they charge fixed amount other than the brokerage on every transaction (buy and sell both).
•ICICI people here (Commercial bank) will say that first we have to open an account in Commercial bank then ICICI account will be opened. In case if you have accounts here in some other bank it became useless to have so many accounts. But again the charges are on the higher side.
•HDFC especially trading account is not possible to open from here.
It will be better if one get these accounts opened from India.
All these information based one from my personal experience in the month of Nov-2009.
if you need a demat account, the procedure is a little bit different for NRIs. There is a little bit documentation required. ICICI direct doesnt provide online trading to Qatar. I dont know why i've tried many times but its not possible. May be you can try it once. Just try reliance, icici, geojit or motilal oswal.All of them has got web sites and its self explantory. it proves to be good.
ICICI direct the account maintaining chaarges are high.
SIR, YOU CAN OPEN ONLINE TRADING + DEMAT IN DOHA THROUGH
COMMERCIAL BANK OR DOHA BANK THROUGH CORRESPONDENT BANKS LIKE AXIS BANK AND GEOJIT FINANCIAL SERVICES FOR TRADING OF SHARES. FIRST U NEED TO OPEN ACCOUNT IN CBQ OR DOHA BANK.
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You can make use of the world class online stock trading platform offered by GEPL from anywhere. It’s available in three versions – easy version for beginners, advanced version for experienced users, and premium version for advanced users. GEPL’s online stock trading platform allows equity trading, F&O trading, as well as commodity trading.
go to HSBC NRI section, they have all options available.
As far as I know is that you have a limited options that to not so advisable.
•Doha bank DBFS through Axis bank is very costly as they charge fixed amount other than the brokerage on every transaction (buy and sell both).
•ICICI people here (Commercial bank) will say that first we have to open an account in Commercial bank then ICICI account will be opened. In case if you have accounts here in some other bank it became useless to have so many accounts. But again the charges are on the higher side.
•HDFC especially trading account is not possible to open from here.
It will be better if one get these accounts opened from India.
All these information based one from my personal experience in the month of Nov-2009.
Happy investing....
dear,
if you need a demat account, the procedure is a little bit different for NRIs. There is a little bit documentation required. ICICI direct doesnt provide online trading to Qatar. I dont know why i've tried many times but its not possible. May be you can try it once. Just try reliance, icici, geojit or motilal oswal.All of them has got web sites and its self explantory. it proves to be good.
ICICI direct the account maintaining chaarges are high.
vinith
SIR, YOU CAN OPEN ONLINE TRADING + DEMAT IN DOHA THROUGH
COMMERCIAL BANK OR DOHA BANK THROUGH CORRESPONDENT BANKS LIKE AXIS BANK AND GEOJIT FINANCIAL SERVICES FOR TRADING OF SHARES. FIRST U NEED TO OPEN ACCOUNT IN CBQ OR DOHA BANK.
you can open deamat aacount through ICICI direct. Further you can also contact Doha Bank in this rgards and axis bank. I think this would help you.
Contact Doha Bank, Treasury Investment Dept. on 4416614 for Demat Account,
i am also arising the same quistion..............