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Indiabulls Stock Trading, Demat, Brokerage and Reviews 2017

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 Financial Services.

Indiabulls Ventures provides integrated capital market related services in India including Stock Broking, Equity Research, Depository Services, IPO Investment, Commodities Trading and Trading in Currency Derivatives.

Indiabulls offers these services through its popular online trading platform (Power Indiabulls) and also though a wide network of branches and sub brokers.

The Indiabulls Online Trading Platform, Power Indiabulls (PIB) is desktop trading application designed and developed in-house by ISL. It's a fully integrated user friendly trading application. (Note that a customer has to pay one time activation fees of Rs 750 to use PIB.)

Indiabulls also provides a Mobile Trading Platform 'Mobile Power Indiabulls (MPIB)'. MIPB is among the best mobile trading application available to Indian Stock Market Investors. The MIPB offers Live Market Watch, Facility to Buy & Sell Stocks, View Reports and Messages on verity of smart phones.

Indiabulls Rating (by the customers)

40 Votes

Overall Rating	3.4/5
Fees	3.6/5
Brokerage	3.3/5
Usability	3.9/5
Customer Service	3.2/5

Do you trade with Indiabulls? Rate Indiabulls

Information about Indiabulls account opening, Indiabulls open account, Indiabulls opening charges, Indiabulls account opening charges, Indiabulls account opening status, Indiabulls amc charges, Indiabulls account charges, Indiabulls account closure

Indiabulls's Trading Platforms

1. Power Indiabulls (PIB)

PIB is Indiabulls Ventures Online Trading Platform. It offers built-in internet trading features along with Live Streaming Stock Quotes. PIB can be accessed though a web browser like Internet Explorer. It offers features which suites beginners to advance traders. Live Market News, Tic by Tic Live Intraday Charts, Technical Analysis are few key features available in PIB.

Website Trading

Indiabulls trading website allows its customers to place orders online, track transactions, invest in IPO's and Mutual Funds, Transfer Funds, Track Portfolio and access research reports and news.

Mobile Power Indiabulls (MPIB)

The Mobile Trading Platform of Indiabulls allows Trade in Equity, Access to Real Time Stock Quotes and Market Research Reports, Customized Alerts and Messages, View Margin Report and Trading Account Summary etc. It allows you to trade anytime from anywhere.

Find info about Indiabulls platform, Indiabulls trading platform, Indiabulls trading software, Indiabulls trading demo, Indiabulls Demo, Indiabulls download, Indiabulls software download, Indiabulls software, Indiabulls stop loss, Indiabulls trading and Indiabulls trading account.

Indiabulls Special Offers

Sorry no special offers available by Indiabulls at this time.

Visit Exclusive Promotions / Offers from Stock Brokers in India webpage for more offers.

Indiabulls Brokerage Charges 2017

Trading Account Opening Charges (One Time): Rs 750
Trading Annual maintenance charges (AMC): NIL
Demat Account Opening Charges (One Time): NIL
Demat Account Annual Maintenance Charges (AMC): Rs 450

Indiabulls Ventures Brokerage Charges:

Equity Delivery Based Trades Brokerages: 0.40%
Equity Intra-day Trades Brokerages: 0.04%
Equity Future Trades Brokerages: 0.04%
Equity Options Trades: 2.5% or Rs 100 per lot whichever is higher
Minimum Brokerage(Equity): 4 Paisa per share

Indiabulls Demat Charges:

Transaction	Charges (Account with POA)
Stamp Paper Charges	Nil

Annual Maintenance Charges (AMC)
1. AMC Charges for Basic Services Demat Account (BSDA)
Value of holdings up to Rs 50,000	Nil
Value of holdings between Rs 50,001 to Rs 2,00,000	Rs 100

2. Normal AMC Charges (inclusive of GST)
Individual	Rs 450
Corporate	Rs 1000

Custody Charges	Nil
Transaction Charges (Buy)	Nil
Transaction Charges (Sell)	Rs 10 per Transaction or .02% of the transaction value (whichever is higher)
Off-Market Transactions	Rs 15 or .02% of the transaction value (whichever is higher)
Failed Instruction	Nil
Pledge Creation/Confirmation/Closure/Invocation	Rs 25 or .02% of the transaction value (whichever is higher)
DEMAT	Re. 1 per certificate (max Rs 250) + Rs 25 courier charges
DEMAT Rejections	Rs 20 per rejection + Rs 25 courier
REMAT Charges	A fee of Rs 15 for every 100 securities or part thereof. OR A flat fee of Rs 15 per certificate, whichever is higher.
Delivery Instruction Book	Nil

Get detail about Indiabulls pricing, Indiabulls brokerage calculater, Indiabulls brokerage, Indiabulls plans, Indiabulls brokerage review, Indiabulls brokerage plans, Indiabulls fund transfer, Indiabulls intraday brokerage, Indiabulls charges, Indiabulls charge list, Indiabulls charges calculator, Indiabulls prepaid brokerage plans, Indiabulls yearly charges, Indiabulls fees, Indiabulls yearly maintenance charge, Indiabulls option brokerage and Indiabulls trading charges.

Contact Indiabulls / Request Call Back

Indiabulls Pros and Cons

Indiabulls Advantages

Trading Terminal 'Power Indiabulls' is among the best trading terminals available in the market.
Power Indiabulls is available for Apple's Mac and Linux OS.
Mobile Power Indiabulls (MPIB) trading platform is unique and very handy. No additional charges for using Mobile Trading facility.
Indiabulls has its own depository services.
Wide spread network of local branches and sub brokers make them very accessible.
Security Tokens are available for people who need additional security of their trading account.

Indiabulls Disadvantages

'Power Indiabulls' Trading Terminal comes at a cost of Rs 750 onetime fee.
Indiabulls Ventures doesn't offer 3-in-1 account as the company doesn't provides banking services.

Indiabulls Complaints received at BSE / NSE:

Number of customer complained against Indiabulls Ventures Limited share broker. The Indiabulls Ventures Limited consumer complaints provide the summary of grievance which went to exchange for resolution.

Indiabulls Ventures Limited consumer complaints
Exchange	Financial Year	Number of Clients *	Total Complaints **
BSE	2016-17	6,170	3
NSE	2016-17	37,901	40
BSE	2015-16	10,556	15
NSE	2015-16	38,553	60
BSE	2014-15	8,090	16
NSE	2014-15	47,348	62
BSE	2013-14	593,812	26
NSE	2013-14	46,314	85
BSE	2012-13	590,018	48
NSE	2012-13	607,108	162
BSE	2011-12	580,929	71
NSE	2011-12	622,143	183

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Read detail report about Indiabulls Ventures Limited Complaints at BSE, NSE and MCX
Broker complaints in India - Year wise complaints received by exchange

Comparison of Indiabulls with popular brokers in India

Grid Comparison of All Brokers

Indiabulls Vs ProStocks	Indiabulls Vs ICICIDirect	Indiabulls Vs Sharekhan
Indiabulls Vs 5paisa	Indiabulls Vs HDFC Securities	Indiabulls Vs Reliance Securities
Indiabulls Vs IDBI Paisabuilder	Indiabulls Vs Religare	Indiabulls Vs Geojit
Indiabulls Vs Kotak Securities	Indiabulls Vs Bonanza	Indiabulls Vs Angel Broking
Indiabulls Vs India Infoline (IIFL)	Indiabulls Vs Aditya Birla Money	Indiabulls Vs Just Trade
Indiabulls Vs Zerodha	Indiabulls Vs SBI Securities	Indiabulls Vs Ventura
Indiabulls Vs RKSV	Indiabulls Vs Trade Smart Online	Indiabulls Vs SAS Online
Indiabulls Vs MyValueTrade	Indiabulls Vs SMC Global	Indiabulls Vs Tradejini
Indiabulls Vs Wisdom Capital	Indiabulls Vs Achiievers Equities	Indiabulls Vs Beeline
Indiabulls Vs Anand Rathi	Indiabulls Vs Fyers	Indiabulls Vs Upstox
Indiabulls Vs Edelweiss	Indiabulls Vs AxisDirect	Indiabulls Vs Karvy
Indiabulls Vs Nirmal Bang

Indiabulls Ventures Limited Reviews

169. Madan chand sethia Mar 4, 2017 10:45:58 AM IST Reply

Services very good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

168. Deepak Jan 18, 2017 12:27:24 PM IST Reply

Indiabulls is zero in terms of customer service, On the face, they RM) & charges highest brokerage in industry, however in return they don''t provide any real RM service. Their employees enjoy at the cost of customers & management does not bother for any deficiency of services by RM or customer care. Rather customer care try to skip the problem & just forward it to RM again. Really bad service, not recommended at all. Stay away from Indiabulls.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor

167. Kirtan Thakkar Oct 22, 2016 10:40:40 AM IST Reply

RMs are pathetic. I was a beginner in trading and he tried his best to loot me through brokerage. I lost in many thousands because of my RM Santosh Kumar, Pune. Indiabulls is recommended but stay away from RMs.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average

166. Ravi Sep 22, 2016 12:59:32 AM IST Reply

Increase brokerage flat/fixed) without intimating the customer

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Below Average

165. v Aug 26, 2016 8:49:05 PM IST Reply

Very costly broker

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Very Poor
Overall Experience - Average

164. Rahul Jul 26, 2016 9:49:14 PM IST Reply

No transperanct in cdls charges. Charge more

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Below Average
Overall Experience - Below Average

163. abhay misra Mar 3, 2016 8:46:19 PM IST Reply

Good good not very good

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Below Average
Overall Experience - Average

162. eswara rao Dec 10, 2015 2:06:01 PM IST Reply

I have a Union bank online account so ,
Is it possible funds transfer to trading account through Union bank online account.......?

161. K.Shanthi Aug 8, 2015 3:19:05 PM IST Reply

I am a regular trader with Indiabulls Ventures Ltd for the past 9 years. I am quite satisfied with their service.

160. venkatesan May 30, 2015 7:17:32 PM IST Reply

first they giving 12 times exposure nowadays they not give and told need to have minimum rs10000.00 its so bad to recover my money after loss.

159. ajay tawrani Jan 19, 2015 11:41:38 AM IST Reply

Pathetic service, the customer relationship managers or Customer Care Reps are hopeless & of no help.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

158. neeraj May 9, 2014 1:01:27 AM IST Reply

In june 2006, When I got my account statement of Oct’2006, I found out a debit of Rs. 14022.00 (approx.), when I enquired about it to my relationship manager of indiabulls, he told me that he invested this money in Futures & Options on 18/10/2006 in OPTSTK RELIANCE 26-OCT-06 1230 CA (Contract note attached) which got expired by itself on 26/10/2006 and all my money became zero.

I asked him that how can he do this without my permission and I will complaint against him in Indiabulls. He said that he cannot do anything and he already left the job of indiabulls. So, I met the office head of my account branch i.e. vashi, Mumbai and the office head told me that indiabulls cannot do anything as the person responsible has already left the job but he will look in the matter and will find some solution to it. When approx. four months gone and nothing happened, I filed my complaint on the registered email id of indiabulls i.e. helpdesk@indiabulls.com about the same and I got the reply that they are looking in the matter. Then in approx. every six months I keep filing my complaint and always got the same reply that they are still looking in the matter. When I was not getting any positive response from indiabulls, then I search for higher authority and I found out that SEBI is the only of complaints. I also look for consumer forum also but found out that every complaint related to market dealt by SEBI only so didn’t opted for consumer forum. I filed my complaint in SEBI twice in the year 2009 by registering my complaint from their website but no one responded or entertained my complaint from SEBI. I again start filing my complaint on the registered email id of indiabulls.When the scores.gov.in comes into existence, I tried my indiabulls complaint through scores.gov.in and I am very happy to say that scores.gov.in starts taking action in the matter.

The launch of scores.gov.in is the best step in the financial market of India. They really listens. Now, from eight years I am fighting for my hard earned money but still got nothing. My case is under process in NSE with ref. no. NSE/ISC/2013/ 1307280875601322 (for proof) and I bet that I will never leave the culprit to go away so easily. I am proud to say that I am fighting from 8 years and found no support in my great country’s legal structure. To prove me as investor of indiabulls, My dmat a/c of indiabulls is DP ID 12029900, CLIENT ID 02957690 & online client ID is 289169.

157. chetan hari pawar Sep 10, 2013 12:22:36 PM IST Reply

it was a very horrible experience with INDIABULLS FINANCE,without taking any loan and just for logging the file they charged Rs 1124. i was explained by the executive that the money is totally refundable if u dnt take loan but now customer care says its non refundable.

156. sivasakar Aug 17, 2013 4:48:37 PM IST Reply

Good broker, easy to manage platform,pay in and payout excellant, better for individual online trader.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Above Average

155. Arvind Mar 4, 2013 2:33:40 PM IST Reply

I want to warn everyone through this forum about Indiabulls services. First their brokerage is one of the most expensive in India. I am 25 quantity) of option BANKNIFTY which is at 50 rupees per quantity, I will have to pay 200 rupees to indiabulls as buy and sell as brokerage. It means the price per quantity has to be more than 60 rupees for you to make profit. It is 20% increase in the value of the index. Now is there any trader who can work with this amount of brokerage.
And then one day you will get a phone call of indiabulls RM saying he would like to give you suggestions for the trade. He say "Give me 1 month and I will show you results. Your stock will be up 20-30%". You think that since indiabulls has hired him and his daily job is to analyze market he may be expert at it. There is no harm trying him. You start trading on his advise. First few times he advises to buy and sell your stock in such a way that the whole profit goes as brokerage. Sometimes you even lose becayou pay more brokerage than make profit. When you call him he says "Ohh I didn''t know how much your brokerage was". You give him benefit of doubt. Then he says let trade in options. You say that you dont know much about options and have never traded in it. He says that you try it and you will learn. Now here starts your downfall. You dont know that prices of options goes to 0 and you can sometimes get nill aout of your investment. You find out that the RM lacks basic arithmetic sense. He does know what price and how much percent the option price has to rise to give profit to the client. But I also doubt his maths skills. I think there is a understanding between indiabulls and RMs where RMs responsibility to such money out of clients untill last clients
Let me share my portfolio:
End of January: Around 3.5 lakhs
End of February: Around 1.5 lakhs :( .
And during this time I didnt do any trading of my own.
My experience of Indiabulls has been very costly. I am sharing this becaI dont want anyone to make mistake that I made and lose hard earned cash :( . Please beware of Indiabulls and his services. I am going to close my account with Indiabulls now.

155.1. Amar May 9, 2013 7:25:33 PM IST

I too have the similar experience but luckily i lose only 60K. I learned their dirty trick little early

155.2. Saurav Bhattacharyya Jan 23, 2015 9:56:57 PM IST

Well, first I thank u for a detailed review. I''m quite experienced in such things. To be frank, every brokerage hoemploys these RMs....just keep away is my adivce to all. These people have a duty to take as much brokerage out of your tradings, they say secretively to each other..."he would have lost all his money trading so what''s the harm in taking majority of it"
Trading is perhaps the easiest way to lose money...you can''t blame anyone...RM or anyone, the simple question is if an RM could earn you money they why is he doing a menial job for Rs 10,000 pm ? None can earn for you....only you and you can...read books on trading..there are many good books, search the net, Aswani Gujral, Ashu Dutt etc. have written golden books for all, only you have to read and practise those, it take a few years to lear trading...first year is for book trading..then put little very little, only 5% of your capacity...like every one needs to go to college and study for 20 years to get a job...in trading too..you have to study and work very hard...very hard....then money will come to you...you don''t have to run for it....all the best...

154. sr Jan 30, 2013 6:20:13 AM IST Reply

Mind you, 0.4% on buy and 0.4% on sell for delivery, so pls calculate how much you have to pay.

153. Qudrat Shaikh Jan 25, 2013 12:24:20 PM IST Reply

I want to trade in z category will Indiabulls accept or which banks accepts it

152. SAIKUMAR Jan 20, 2013 9:22:13 PM IST Reply

I AM A REGULAR TRADER WITH INDIABULLS FOR THE PAST 7 YEARS. AND I FULLY SATISFIED WITH INDIABULLS SERVICES IN ALMOST ALL ASPECTS.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

151. Kishan G K Jan 18, 2013 3:47:15 PM IST Reply

Though brokerage is on a higher side, it is quite easy to get the brokerage down by negotiation. After a month of heavy trading, india bulls got the brokerage fees down by at least 30%. Apart from that, i am always getting consistent help from the broker when needed which is really appreciated.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average

150. Raj Jul 19, 2012 6:52:05 PM IST Reply

Hi Suraj,

As you only want to open an account for trading I assume you are a high volume trader and actively participate in F&O. Try a budget broker like zerodha.com, account opening Rs. 200, no AMC if you do not open a demat account with them and brokerage is kept at a maximum of Rs. 20 per trade. You get free access to NOW which of all the trading terminals I have used has the least time lag.

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Indiabulls Stock Trading, Demat, Brokerage and Reviews 2017

Open an Online Trading Account

Indiabulls Rating (by the customers)

Indiabulls's Trading Platforms

1. Power Indiabulls (PIB)

Website Trading

Mobile Power Indiabulls (MPIB)

Indiabulls Special Offers

Indiabulls Brokerage Charges 2017

Indiabulls Ventures Brokerage Charges:

Indiabulls Demat Charges:

Contact Indiabulls / Request Call Back

Indiabulls Pros and Cons

Indiabulls Advantages

Indiabulls Disadvantages

Indiabulls Complaints received at BSE / NSE:

Comparison of Indiabulls with popular brokers in India

Indiabulls Ventures Limited Reviews

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