Indiabulls Ventures is one of the leading full-service stockbroking company incorporated in the year 2000. The discount brokerage firm is one of the best brokers in the country with offerings that include unlimited trading plans, zero interest margin funding, free trading platform, and free research to its customers. Indiabulls Securities is a subsidiary of Indiabulls Group with its businesses spread across various sectors including financial services, Real Estate, Infrastructure, and Power.
This Indiabulls Ventures Review 2020 discusses the integrated stock market-related services including Demat account, Stock Broking, Margin Funding, and Equity Research provided by them. Indiabulls Securities has over 7 lakh customers across India. The company was the first to introduce an internet-based trading platform in the country. The web platform and mobile by the name Indiabulls Shubh are one of the most sought after trading platforms of the country.
Why Open Account with Indiabulls?
Low Brokerage
The company offers services as a full-service broker with brokerage fee as a discount broker to its customer
Portfolio Tracking
The users can track their portfolio using the trading applications offered by the company. You can get the latest update of your portfolio as and when you require
Amazing Trading Platforms
Indiabulls Securities offers one of the best trading platforms in India. The platforms are advances and ahead of the time. Indiabulls Shubh platforms offer a unique trading experience to the traders.
Research and Advisory
The research and advisory services of Indiabulls is one of the best parts. They offer the latest and detailed reports to its customers to help them trade efficiently in the volatile Indian stock market.
Exceptional Budget of Services
The company offers trading and investment opportunity across all the asset classes. They offer all kinds of the stock market as well as financial service products to its customers.
Technology and Trading Platforms
Indiabulls provide reliable technology and trading platforms for its customers to trade efficiently. The technology and trading platforms of Indiabulls Securities include:
Shubh Mobile App
Shubh Mobile app by Indiabulls is one of the best and most advanced mobile application-based platforms available. It is available for Android & iOS platforms. Shubh Mobile App provides the facility to monitor the market movement through live streaming of data from NSE and BSE stock exchanges. You can trade anytime from anywhere and access real-time stock, alerts, account trading summary and Market research reports, and much more. The features of Shubh Mobile App include:
- The customers of Tier 1 and 2 cities can place their orders through the app smoothly
- It provides real-time market data and information related to the stock market
- It helps you keep a track on margins available, account, and positions summary and helps you transfer funds easily and safely.
In the current day and age, almost everyone has access to a smartphone and hence it is imperative to have a good mobile app for trading purposes.
However, the Shubh mobile app has few issues that need to be sorted out like the apparent lack of detail on the charting tools being provided them with more technical indicators and drawing tools can be added in its next update.
Shubh Web
Shubh is an online browser-based trading platform, which allows its customers to place orders online, analyze market, invest in IPOs, Mutual funds, etc., and get real-time market statics. It provides advanced charts and new designs, which provide a better trading experience.
The performance of this web-based application is not at par with its competitors who have come up with much better alternatives through their trading platforms, hence they need to improve this application as they risk losing their tech-savvy customer base.
That being said, they do provide some features such as fast online payments through gateways, good quality of research, multiple reports on market statistics and volatility and their IPO analysis.
POWER Indiabulls
POWER Indiabulls is a desktop-based trading terminal that can be installed on Windows or Mac OS-based desktop or laptops. The platform is suitable for investors who trade in huge volumes every day. It is best for the intraday traders who need faster access to the market. The salient features of the trading platform are:
- Multiple market watch with customization across various segments
- Terminals allow you to set alerts as per the preferences
- Real-time reports
- A tic by Tic intraday charts, and technical analysis
- Top gainers/losers, and market mover details
This application is built mainly for high volume traders who like to put in a large number of hours to trade especially in the Intraday segment. This application also allows its users to invest in equity, F&O and Online IPOs and users can base their decisions on the sound fundamental and technical analysis provided by their analysts.
How to Open Demat Account with Indiabulls?
You can easily Open Demat Account with Indiabulls Securities following the steps:
- Visit their website and click on the Open Demat account.
- Fill the necessary details including your name, Mobile Number, Email ID, City, and click on Open Account.
- In the next step, you will be asked to scan and upload documents for KYC purposes. KYC documents include PAN Card, Voter ID, Address Proof, and aadhaar Card.
- After you submit your KYC documents, those will be verified and approved by the executives of the company.
- Now you can log in to your account with username and password and start trading.
OR
You can also download the Shubh app Available on Android & IOS and open the account in just a few minutes.
Follow the steps for offline Demat Account Opening Process
- Visit their website and click on the Open Demat account.
- Fill the necessary details and it will connect you Indiabulls Team.
- They will visit you personally and guide you to fill the form and necessary details such as KYC and personal details.
- These documents are approved and verified by executives and you will get notification by mail.
- Now you can log in to your account with username and password and start trading.
Indiabulls Ventures Account Opening Charges
| Transaction | Fee |
| Trading Account Opening Charges | INR 450 |
| Trading Account Annual Maintenance Charges | INR 0 |
| Demat Account Opening Charges | INR 0 |
| Demat Account Annual Maintenance Charges | INR 450 |
Indiabulls Ventures Brokerage Plans
Unlimited Trading Plans
Indiabulls Securities offers unlimited monthly subscription plans in Equity, currency, and Future and Options.
- F&O plans: The plan offers unlimited trading in Equity and currency derivatives at a monthly subscription of INR 1000
- Equity plan: The plan offers unlimited trading in equity delivery and intraday with 5x exposure to intraday.
Equity Unlimited Trading Plans
| Monthly fee | Margin Facility |
| INR 1,000 | INR 0 |
| INR 2,000 | INR 1,00,000 |
| INR 3,000 | INR 2,00,000 |
| INR 5,000 | INR 3,25,000 |
| INR 7,500 | INR 5,00,000 |
| INR 10,000 | INR 6,50,000 |
| INR 12,500 | INR 8,50,000 |
| INR 15,000 | INR 10,00,000 |
| INR 20,000 | INR 12,50,000 |
| INR 25,000 | INR 15,00,000 |
| INR 30,000 | INR 17,50,000 |
| INR 35,000 | INR 20,00,000 |
| INR 45,000 | INR 22,50,000 |
| INR 50,000 | INR 25,00,000 |
| INR 1,00,000 | INR 50,00,000 |
- Margin against share is not available in these subscription plans
- The subscription plan can be upgraded to another plan anytime by using the Shubh mobile app
- In case a customer wants to downgrade the plan, they can do it through Shubh app once the existing plan expires.
Base Plan
In the Base Plan, the customers are charged INR 15 per trade across various segments.
| Segment | Fee |
| Equity Delivery Trading | 0.01% or INR 15 per order |
| Equity Intraday | 0.01% or INR 15 per order |
| Commodity Options Trading | 0.01% or INR 15 per order |
| Equity futures Trading | 0.01% or INR 15 per order |
| Equity Options Trading | 0.01% or INR 15 per order |
| Currency Futures trading | 0.01% or INR 15 per order |
| Currency Options Trading | 0.01% or INR 15 per order |
Other Charges
| Segment | Fee |
| Transaction Charges | 0.00312% of turnover |
| STT | 0.0130% of turnover |
| Stamp duty | Varies with State |
| SEBI Turnover Charges | 0.0003% of Turnover |
| GST | 18% on brokerage and Transaction Charges |
Exposure or Leverage
| Equity Delivery | Up to 3x |
| Equity Intraday | Up to 6x |
| Equity Futures | Up to 3x |
| Equity Options | Up to 4x |
| Currency Options | Up to 3x |
| Currency Futures | Up to 3x |
| Commodities | Up to 3x |
Indiabulls Ventures Complaints
| Exchange | Financial Year | Number of Clients | Complaints |
| NSE | 2019-2020 | 43,688 | 78 |
| BSE | 2019-2020 | 8,200 | 5 |
| NSE | 2018-2019 | 45,429 | 55 |
| BSE | 2018-2019 | 5,177 | 8 |
| NSE | 2017-2018 | 49,495 | 74 |
| BSE | 2017-2018 | 12,143 | 10 |
| NSE | 2016-2017 | 39,485 | 57 |
| BSE | 2016-2017 | 9,382 | 5 |
Conclusion
Overall, the brokerage company can be a good choice as they offer multiple plans and a wide range of services. Indiabulls Securities offer reliable customer support along with its strong and advanced trading tools and platforms. Due to its low brokerage in equity and commodity trading, Indiabulls is considered one of the best and affordable broking solutions.
