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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

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!!!!!

20. K.K. Soin  Oct 22, 2007 3:43:28 PM IST |  Reply 

Indiabulls is in fact the worst out of other rotten apples, because of their untrained & uneducated "Sr. staff" (so called) I lost a lot of money....I want to warn other small investors.

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