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 Indiabulls Securities Customer Reviews, Complaints, Experiences & True Feedback

Indiabulls Securities Ltd

Indiabulls Securities (ISL) is the India-based Stock Broker. ISL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and Financial Services. Indiabu... Know more about Indiabulls Securities Ltd

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 31 votes
Rated 3.7 stars Rated 3.7 stars Rated 3.6 stars Rated 4.0 stars Rated 3.5 stars Rate

61. Rajeev  Apr 22, 2008 12:25:37 PM IST |  Reply 

I am completly agree with Sanjay, India bulls people are not bother about customer's, at the time of opening account they will talk as they are only only trustworthy and wellwisher of yours but once account will opened they will never turn up.

60. PREM PRAKASH SHAUKEEN  Apr 17, 2008 9:34:11 PM IST |  Reply 


59. harvinder  Mar 29, 2008 11:06:02 PM IST |  Reply 

they are cheats...manipulators... the relationship managers and their bosses have only one motto....just cheat the customer.

they never reply mails...the area manager in F BLOCK CP NEW DELHI is the biggest manipulator....

beware of then

58. SAMUEL   Mar 12, 2008 5:29:02 PM IST |  Reply 

Hello, I would like to open online trading . I am in chennai. who provide best real trading software? brokerage details also? please anybody tell .

57. gaurav  Mar 1, 2008 6:10:44 PM IST |  Reply 

indiabulls people in varanasi have very bad manner. they have no responsebility for their costumers.they even talk with people like animal. they are

56. Raj Shah  Feb 16, 2008 5:56:17 PM IST |  Reply 

Try online trading platform of Networth Stock Broking , after all service is matter and if proper service is concern , I will suggest Networth Stock Broking for online trading

55. Aras  Feb 14, 2008 10:44:54 PM IST |  Reply 

Indiabulls charges as follows:

Intraday Equity 0.02% + Service Tax + STT + etc... on each buy and sell sides

If you buy and sell shares of worth 1 Crore(50 lakhs buy side + 50 lakhs sell side), then you will pay Rs 4,500 in brokerage fee along with other charges.

Delivery Equity 0.20% + Service Tax + STT + etc... on each buy and sell sides

If you buy and sell shares of worth 1 Crore(50 lakhs buy side + 50 lakhs sell side), then you will pay Rs 45,000 in brokerage fee along with other charges.

Intraday & Delivery for Options is 2.5% of (number of options * value of the option) + Service Tax + STT + etc... on each buy and sell sides

If you buy and sell options of worth 1 Crore(50 lakhs buy side + 50 lakhs sell side), then you will pay Rs 2,89,750 (yes it is close to 3 lakhs) in brokerage fee along with other charges.

It is toooooooooooooo expensive when compared to Reliance and R.K. Global.

54. Gaurav  Feb 12, 2008 12:58:19 PM IST |  Reply 

This is in regards to the shameless responses given to me from the to be said Managers of your company (in a particular branch).
I would like to seriously complain about two people who have made my experience with Indiabulls (pathetic would be the right word to describe).
Mr. Anjan Das and Mr. Abdul (who are supposedly the RM and the BM as told to me).
Anjan Das is a pathetic employee of the branch and is never in his senses. I don't know how he gets his work done daily.
Mr. Abdul whom I interacted with today the first time as I did not wanted to interact with Anjan Das was a shameless person and without even listening to what I have to say was so busy in making me shut my mouth and listen only to him and his irrelevant talks.

I would be glad If India Bulls takes these comments seriously which would be good for their business to grow and not deteriorate, these 2 people should be immediately replaced with some good customer handling skills people.
"I myself have refused 10 of my friends not to open accounts in India Bulls and have given them other options like Shri Parasram, India Infoline and Reliance".
If you do not want me to continue this kind of feedback to be shared with my friends, I require some action from your end to replace the two people from your Branch.

Mr. Anjan Das
Mr. Abdul

Noida, Sec - 18, Ocean Complex.

53. RAMESH SHETTY  Feb 3, 2008 4:31:28 PM IST |  Reply 

I opend trading a/c with reliance money. its good, cheap.
but problem is they dont have people in their company.
they dont have proper system engineer. their portfolio systems is not working for the last 6 month. if you click on my portfolio. message comes- new portfolio is coming soon -( its there for 6 month still soon)
if you call their helpline center - you will never get line. if u try 10 times then you may get then online.
once they sold some of my stocks which i bought for long term investments. i didnt place sell order . their reply to this problem was system error!!!!!!!!!!
now i got one more problem. i had 5 units of reliance gold traded eqty fund. now in my demat it shows 4 whom to ask now. its system error or systematic error?

its all because they charge you 1 paisa per trade.
its better you pay more and get good service. there is no one who can take responsiblity and reply you . if you email they will never bother to reply you.

worst is that even after these all things happend non of then say even sorry. they dont care how much you loose.

so better think before opening new account dear friends.


52. kishore  Feb 3, 2008 2:29:34 PM IST |  Reply 

for india bulls managers......treat the people politely...they open the account in yours company because they trust u..if u did not help the people in opening acoount or in trading then how can yours company grow....and appoint good and qualified rpm...not like mithun sarkar in cp branch........got it

51. SANJ  Feb 3, 2008 2:23:23 PM IST |  Reply 

your.rpm mithun sarkar in cp branch is big looser.......crack mind man .......why did u appoint such peoples who did not know how to help the people in opening the account ...they spoiled the name and frame of india bulls.......

50. sanjay  Jan 29, 2008 11:08:32 PM IST |  Reply 

Indiabulls is BIG s-h-i-t,
i opened an account with them. Later i came to know all promises were marketing gimmick and false. RM was appointed but every now and then i got some excuse and i was not able to trade. and when i received my statement of account i saw that my money which i had deposited with them for trading was not available. then rm was not picking up my call. i vsisited their office but no help n the contrary thier way of dealing with customer is not at all polite(after opening an account). i worte tons of letter but no body bothered to reply9 not even from (Mumbai), then finally i threatened for legal action and sent registered letters to diff. branches, after that( nearly 2 years) i received my moeny and that also they had deducted some charges. in the end i have received my money. but for indiabulls My answer is NO

49. Preetha Rajalakshmi  Jan 29, 2008 7:02:20 PM IST |  Reply 

HDFC SECURITIES IS DEAD SLOW N POOR IN CUSTOMER RESPONSE in ginvind Demat account opening services. I applied for ademat account 2 months back. The account was not opened for me and I called them 100 times and none of the authorities bothered to give me response or a call back............very very poor. Its been 10 days since I have started lodging customer complaints and I lodge atleast 10 complaints per day n still no response

48. Rishi  Jan 22, 2008 7:29:30 PM IST |  Reply 

hi i want to know how safe is online trading.. do i need any specific software for online trading .. as in to see the market's ups and downs...

47. Karthik.V  Jan 22, 2008 6:11:56 PM IST |  Reply 

Hi , I would like to open a DEMAT and Trading account.Please tell me how the brokerage is charged and whoch one I can take ...Cos I could see many comments on different brokers like Reliance money , share khan, icicdirect etc...what are the merits and de merits ...Any experienced guy , help me in this


46. Rajendra  Jan 18, 2008 3:00:11 PM IST |  Reply 

The best brokerage I found till date. Providing very efficient trading terminal and offer competitive brokerage. The Relationship Manager is contactable for any queries. Share and Money transfer is smooth.
Great ... Keep it up ...

45. Amit Garg  Jan 8, 2008 12:26:11 PM IST |  Reply 

Hi, Can anyone advise if there is any limit on the number of Trading account under one PAN number with different brokerage house.

44. Madhav Bhatia  Jan 6, 2008 9:50:44 PM IST |  Reply 

I have come to know that India buls & some of the other Brokerage houses are giving loans for IPO with just 5 to 10% as Margin amt.

ie. we can apply for 1 cr. ipo with investment of 5 L and loan of 95 L.

Can you / any one advice if they have usede such facalities and how the things have worked for them, and is it benefitial particularly in the case of reliance Power IPO.

43. A Kumar  Jan 5, 2008 12:15:28 AM IST |  Reply 


42. CHALAPATHIRAO sunkara  Dec 31, 2007 9:42:22 PM IST |  Reply 

My deemet account is open but now till i didnot received any mail from indiabulls.
I recieved my pswd by courier but didnot recvd my ID,
please immedeate mail me.


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