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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

40. braja bandhu behera,advocate &consultant  Dec 25, 2007 7:17:53 PM IST |  Reply 

If you are new in stock market,then take admission in best Stock Market training School INDIABULLS SECURITIES LIMITED,who will teach and guide you properly, first they will ask to blindly sign on Client-Member Agreement,DP Opening Agreement and Self manufactured Power of Attorney Form,then after they will ask the client to transfer shares to the DP Account and deposit sufficient Cash Margin,then after they will stop issuing Delivery Instruction Slip Book,Inter Depository Slip Book,DP transaction statement,contract note and statement of account,then after few days against their false and fabricated loss bill and loan from Indiabulls Financial services, Indiabulls will take away entire shares and cash.
If you will complain against them to SEBI,NSE,BSE and CDSL then they will simply advise to go for Arbitration as per the wish of Indiabulls even the Arbitrator will appoint as per the choice of Indiabulls.
I hope by this time you fully matured and trained.In this way Indiabulls cheated and looted lacs of innocent clients.Can you just imagine five years back Sameer,Rajiv and others started Indiabulls by investing few lakhs rupees,today what they claim their assets are more than RUPEES FOURTEEN THOUSAND CRORES AND THEIR SHARE HOLDERS ARE LNMITTAL it is because of looting lacs of clients including me.
Ofcourse it is not their fault we are living in such a democratic country,the entire law favours the looteras and cheators,otherwise I wrote thousands of letters to Mr. Damodaran,mr. P.Chidambaram and Dr. Man Mohan Singh under copy to Members of Parliament,but so far no action.Indiabulls are worst than Harshad Mehata,Ketan Parekh and Dinesh dalmia.
As per the information of SEBI out of 15 complaints SEBI received 12 are against Indiabulls ,even then no action. SEBI though a quasi judicial body but do not have time to think of innocent crores of investors,Mr. damodaran is a Media Sabby beaurcrat,he has no time to think of the problem of investors.SEBI ACT being enacted in the Parliament in order to protect the interest of crores of investors,thats what the prime minister told in several occassions andseminars.The Finance Minister Mr. Chidambaram doesnot have time to protect the investors as he is very much worried for the rise of stock market,the welfare of the 900 odd stock brokers.
Let us all appeal TO the President of India to confer the highest civilian Award BHARAT RATNA TO THE PROMOTERS OF INDIABULLS.
If you are still lacking then pray Almighty to help you and come to your rescue.
Braja Bandhu Behera,Advocate Orissa High COurt

39. Gaurav Rustagi  Dec 18, 2007 7:52:16 PM IST |  Reply 

please tell me the brokerage house which give .01 paise in intraday, .1 paise in delivery and .01 paise in F&O. ( most important online trading )

38. Raj  Dec 11, 2007 4:28:46 PM IST |  Reply 

My Brokerage structure is

Intraday .01%
Options - the brokerage is charged on the premium ( which is a fraction of the asset price) prevailing at that time @ 2%

37. Aras  Dec 11, 2007 2:56:31 AM IST |  Reply 

Hi Raj,

If your charges are much lower than what I mentioned here, can you please tell us your brokerage fee structure?

36. Raj  Dec 10, 2007 8:27:58 AM IST |  Reply 

I use the Indiabulls acount and the charges that i pay is much lower than the ones mentioned here. kindly check before deciding on the brokerage account.

35. T. N.  Dec 8, 2007 12:56:05 AM IST |  Reply 

Indiabulls trading software (PIB) stops feeding quotes during busy market hours.

After the market opens, most of the days, market is so busy and it is good time to make money. But, PIB fails to update the quotes and order confirmation and it takes around 2 to 3 minutes to update. You won't be able to change or cancel your order during this 2 to 3 minutes period. Once I lost around 35,000 due to this delay.

This delay happens whenever the market is busy during the trading day.

34. Aras  Dec 8, 2007 12:36:28 AM 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.

33. KAMAL  Dec 6, 2007 1:29:27 AM IST |  Reply 


32. Gaurav  Dec 5, 2007 11:31:00 AM IST |  Reply 

Indiabulls have great new features now:

1) Payment gateway with ICICI, HDFC, AXIS, IDBI
2) Online IPO
3) Integrated help document on all screens.
4) Market Statistics- Top Gainers/ Losers

31. Aras  Dec 5, 2007 7:41:12 AM IST |  Reply 

Indiabulls trading systems crashes some time. Once I had to restart 3 times in one day. Clicking on Refresh in Trade confirmation window, INTRADAY window crashes the application. Also, data feeds stops for few minutes and then resumes. Overall they have to fix many bugs and add more servers to speed up the data feeding. There are many brokerage firms charges less than what Indiabulls charges, like Reliance, R K Global, ..... Shop around, you will find better deals. Indiabulls F & O fees is way tooooo high.

30. Manivannan  Dec 4, 2007 5:48:38 AM IST |  Reply 

Indiabulls PH Road Chennai Branch is the worst branch. Customer service is very poor. Indiabulls allot a Relationship Manager for every account holder. My Relationship Manager has been allootted about 6 months back. but he has not taken up servicing my account so far. He never speaks to me eventhough I leave a message for him to speak me for matters relating to my account.

29. Pavan Kumar  Nov 29, 2007 3:10:17 PM IST |  Reply 

All online trading companies seem to have one fault or other. I have found IDBIPAISABUILDER staff to be worst in customer care. They provide false promises like refund of opening charges and induce the customer to open account. Please ensure that it is written in writing somewhere when such offers are given and avoid IDBIPAISABUILDER

28. Sumeet  Nov 26, 2007 11:15:09 AM IST |  Reply 

Hi, I am Sumeet. I want to know about IndiaBulls brokerage charges like intraday and trading charge. Rlegare chrage me 3 paisa and 30 paisa.

27. NIlesh  Nov 21, 2007 2:41:38 PM IST |  Reply 

Hi Indiabulls is gr8!!!!!!!!1 they are providing best facility.......even my RM helps me lot time to time and online facility is also gr8!!!!!!!!!!!!!!1 Go for Indibullssss

26. Munish  Nov 20, 2007 9:10:29 PM IST |  Reply 

now with indiabulls, one can apply to IPOS online, plus u dont need to have anysoftware to run indiabulls online, since java comes by default in IE 5.5 and above... brokerage charges are 900 for life time.... online view is very flexible... what else.... lemme check out and tell u later....

25. kiran  Nov 19, 2007 6:23:03 PM IST |  Reply 

I am Kiran, having a/c with sharekhan, The truth is that
they won't release your password if you once loose it.
B'cause they can get the advantages of your investments(rise & fall benefits)

24. azadsingh  Nov 16, 2007 8:24:46 AM IST |  Reply 

what are the brokerage charges in india bulls and mention other caharges also.....for doing trading on line with india bulls.

23. Ajay  Nov 6, 2007 11:00:30 PM IST |  Reply 

Dear Jagadeesh,
Thanks very much for your useful information. I was about to open account with Indiabulls. I was shocked to see the contents of your URL. How could these people can play wit our money or securities ???? Why are they forcefully asking the customers to sign POA when SEBI comment it as optional? People BEWARE and dont go with India BULLS

22. Nitin  Oct 30, 2007 2:03:20 PM IST |  Reply 

Guys, the lowest brokerage is with "Reliance Money" ( one yr flat brokerage fee of just 500/- for upto 500000 trading). Also, its trading terminal is accessed with anywhere, anytime through internet explorer, Mozilla etc so you aren't dependent on any software.If you don't have software on PC (if you are out), how would you trade with Indiabulls??? Phone..Hahaha..not a online then.Its better to not to depend on any software.

21. Amit Singh  Oct 29, 2007 5:35:34 PM IST |  Reply 

Try CLICKNETWORTH online trading platform from Networth Stock Broking Ltd. Its wonderful and very fast!!! I am having account with NSBL for last 2 years and customer service is great!!! Their online backoffice NGRIP is fantastic.You get entire information of trades,ledgers,stocks with broker,DP,P&L.......... goes on..
Online IPO,Mutual Funds.....
TRY IT OUT.Get in touch with NSBL at Email...

Take Charge of your investments!!!!!

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