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Indiabulls Ventures Limited

Indiabulls Ventures Ltd (Formerly Indiabulls Securities) 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 F... Know more about Indiabulls Ventures Limited

Indiabulls Stock Broker Review Ratings

41 votes  Rate Indiabulls

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.3 stars Rated 3.5 stars Rated 3.2 stars Rated 3.8 stars Rated 3.1 stars
52. sanjay  Jan 30, 2008 12:08:32 AM 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
51. Preetha Rajalakshmi  Jan 29, 2008 8:02:20 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
50. Rishi  Jan 22, 2008 8:29:30 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...
49. Karthik.V  Jan 22, 2008 7:11:56 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

48. Rajendra  Jan 18, 2008 4:00:11 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 ...
47. Amit Garg  Jan 8, 2008 1:26:11 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.

46. Madhav Bhatia  Jan 6, 2008 10:50:44 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.
45. A Kumar  Jan 5, 2008 1:15:28 AM IST Reply
44. CHALAPATHIRAO sunkara  Dec 31, 2007 10:42:22 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.

43. braja bandhu behera,advocate &consultant  Dec 25, 2007 8:17:53 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
42. Gaurav Rustagi  Dec 18, 2007 8:52:16 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 )
41. Raj  Dec 11, 2007 5:28:46 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%
40. Aras  Dec 11, 2007 3:56:31 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?
39. Raj  Dec 10, 2007 9:27:58 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.
38. T. N.  Dec 8, 2007 1:56:05 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.
37. Aras  Dec 8, 2007 1:36:28 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.
36. KAMAL  Dec 6, 2007 2:29:27 AM IST Reply
35. Gaurav  Dec 5, 2007 12:31:00 PM 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
34. Aras  Dec 5, 2007 8:41:12 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.
33. Manivannan  Dec 4, 2007 6:48:38 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.

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