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-2.77% 44,170 Clients
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero interest margin funding.
Indiabulls Shubh is an offering of Indiabulls Ventures Ltd, one of the oldest stock brokers in India serving customers since the year 2000. Indiabulls Ventures serves over 7 lakh customers with a dedicated sales team of more than 900 individuals across 18+ cities. It is part of Indiabulls Group, a leading financial service provider with businesses spread across many sectors including Infrastructure, Power, Real Estate and Financial Services.
Indiabulls Ventures provides integrated capital market-related services including Stock Broking, Equity Research, Demat Account, and Margin Funding.
In 2019, Indiabulls re-launched its online trading services under Indiabulls Shubh brand. Indiabulls Shubh is designed for a growing number of tech-savvy customers who feels comfortable trading online with limited support from the broker.
Indiabulls Shubh is a discount broking platform offering subscription-based plans for unlimited trading. Indiabulls customer can choose from a range of fixed monthly trading plans (Zero brokerage on the transaction) on both Intraday and Delivery. Along with zero brokerage, it also offers Zero Interest Charges on Margin Funding.
Indiabulls customer can subscribe to these unlimited trading plans at as low as Rs 1000 per month. They can trade unlimited without worrying about the brokerage on each trade.
The Shubh App & web platforms offer online paperless account opening. To open an account online, you could download the Shubh App available on Android & iOS and open the account in just a few minutes.
Note that the Shubh Unlimited Trading is available for free for 1st month. The new customer doesn't have to pay a monthly subscription plan for 1st month.
| Overall Rating |  3.2/5 |
| Fees |  3.4/5 |
| Brokerage |  3.1/5 |
| Usability |  3.8/5 |
| Customer Service | 3.1/5 |
Based on 45 Votes by Indiabulls Customers
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 customer can choose from a range of options available to trade.
Indiabulls customers can choose to trade through our Shubh Mobile App which is available on Andriod and IOS or trade using desktop.
Shubh Mobile
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.
Shubh Web
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. They also offer various useful features such as streaming stock quotes, online payment gateways, portfolio tracker, extensive research reports, IPO, live market news & real-time market statistics
Power Indiabulls (PIB)
PIB is installable trading terminal designed for high-frequency traders and advanced traders. Live Market News, Tic by Tic Live Intraday Charts, Technical Analysis are few key features available in PIB.
At any point in time Indiabulls customers can use 'Phone Trading Facility' by calling on the central dealing desk to place trading orders. The Indiabulls Call & Trade Facility is made available for free to charge to all its customers.
Read Indiabulls Trading Software Review for 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.
Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
Get this limited time offer| Transaction | Fees |
|---|---|
| Trading Account Opening Charges | ₹500 |
| Trading AMC | ₹0 |
| Demat Account Opening Charges | ₹0 |
| Demat Account AMC | ₹450 |
Indiabulls Shubh offers monthly unlimited trading subscription plans in Equity, F&O, and Currency segments. Below are 2 plans available:
Unlimited trades in Equity and Currency derivative segment at a monthly fee of ₹1000.
Unlimited trades in equity delivery & intraday with 5X intraday exposure. Choose from multiple plans starting at ₹1000 per month.
Plans | Monthly Fee | Margin Funding at Zero Interest |
|---|---|---|
1 | ₹1,000 | ₹0 |
2 | ₹2,000 | ₹1,00,000 |
3 | ₹3,000 | ₹2,00,000 |
4 | ₹5,000 | ₹3,25,000 |
5 | ₹7,500 | ₹5,00,000 |
6 | ₹10,000 | ₹6,50,000 |
7 | ₹12,500 | ₹8,50,000 |
8 | ₹15,000 | ₹10,00,000 |
9 | ₹20,000 | ₹12,50,000 |
10 | ₹25,000 | ₹15,00,000 |
11 | ₹30,000 | ₹17,50,000 |
12 | ₹35,000 | ₹20,00,000 |
13 | ₹45,000 | ₹22,50,000 |
14 | ₹50,000 | ₹25,00,000 |
15 | ₹100,000 | ₹50,00,000 |
Note:
By default, Indiabulls customers are charged ₹15 per trade across the segments. Customers, whose monthly unlimited trading plan subscription expires, moved automatically to the default plan. The default brokerage charges are:
| 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 ₹50,000 | Nil |
| Value of holdings between ₹50,001 to ₹2,00,000 | ₹100 |
| 2. Normal AMC Charges (inclusive of GST) | |
| Individual | ₹450 |
| Corporate | ₹1000 |
| Custody Charges | Nil |
| Transaction Charges (Buy) | Nil |
| Transaction Charges (Sell) | ₹10 per Transaction or .02% of the transaction value (whichever is higher) |
| Off-Market Transactions | ₹15 or .02% of the transaction value (whichever is higher) |
| Failed Instruction | Nil |
| Pledge Creation/Confirmation/Closure/Invocation | ₹25 or .02% of the transaction value (whichever is higher) |
| DEMAT | Re. 1 per certificate (max ₹250) + ₹25 courier charges |
| DEMAT Rejections | ₹20 per rejection + ₹25 courier |
| REMAT Charges | A fee of ₹15 for every 100 securities or part thereof. OR A flat fee of ₹15 per certificate, whichever is higher. |
| Delivery Instruction Book | Nil |
Check out Indiabulls Brokerage Charges, Fees, AMC, Transaction Charges. 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.
Indiabulls leverage for intraday, delivery, options, currency and commodities. Read Indiabulls exposure limit review.
| Segment | Exposure Margin |
|---|---|
| Equity Delivery | 1x (no margin) |
| Equity Intraday | Up to 5x (based on the stock) |
| Equity Future | Intra-day: 4x | Carry forward: 1x (no margin) |
| Equity Options | Intra-day: 4x | Carry forward: 1x |
| Currency Future | Intra-day: 2x | Carry forward: 1x |
| Currency Options | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | NA |
| Commodity Options | NA |
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.
| Exchange | Financial Year | Number of Clients * | Total Complaints ** |
|---|---|---|---|
| BSE | 2019-20 | 3,710 | 5 |
| NSE | 2019-20 | 44,170 | 19 |
| BSE | 2018-19 | 5,177 | 8 |
| NSE | 2018-19 | 45,429 | 55 |
| BSE | 2017-18 | 12,143 | 10 |
| NSE | 2017-18 | 49,495 | 74 |
| BSE | 2016-17 | 9,382 | 5 |
| NSE | 2016-17 | 39,485 | 57 |
| 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 customers. As per SEBI guidelines each broker reports the detail of active clients to the exchange through unique client code (ucc) process every month.
** The total number of complaint received against the broker at the given exchange.
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