Compare Brokers Articles Complaints Compare Side-by-Side About Brokers

Indiabulls Stock Trading, Demat, Brokerage and Reviews 2019

-2.77% 44,170 Clients

Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. IVL 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 as well as Demat accounts. They are also involved in Lease Rentals & related activities which includes developing, operating and maintaining of industrial parks. They provide mutual funds with SIP, systematic equity plans, IPOs, and online offer for sales.

Indiabulls Ventures acts as a stock and share broker on the National Stock Exchange of India Limited and the BSE Limited and commodity broker on the Multi Commodity Exchange of India Limited and the National Commodity and Derivative Exchange Limited.

Indiabulls offers these services through its popular online trading platform Power Indiabulls (PIB), Shubh Mobile, Shubh Web and also through a wide network of the sales team of more than 900 individuals across 18+ cities.

Indiabulls Ratings

Overall Rating	3.2/5
Fees	3.4/5
Brokerage	3.1/5
Usability	3.7/5
Customer Service	3.1/5

Based on 44 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's Trading Platforms

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 through a web browser like Internet Explorer. It offers features which suit beginners to advanced traders. Live Market News, Tic by Tic Live Intraday Charts, Technical Analysis are few key features available in PIB.

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

Indiabulls Shubh

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.

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.

Indiabulls Brokerage Charges 2019

Indiabulls Account Opening Fees

Transaction	Fees
Trading Account Opening Charges	₹450 (One time)
Trading AMC	₹0
Demat Account Opening Charges	₹0
Demat Account AMC	₹450 (Free for 1st year)

Indiabulls Brokerage Charges

Segment	Brokerage
Equity Delivery	0% (Free)
Equity Intra-day	₹15 per executed order or 0.01% (whichever is lower)
Equity Future	₹15 per executed order or 0.01% (whichever is lower)
Equity Options	₹15 per lot
Currency Options	₹15 per lot

Other Charges

Call & Trade: ₹15 per executed order
Minimum Brokerage(Equity): ₹0

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 ₹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.

Contact Indiabulls / Request Call Back

Indiabulls Pros and Cons

Indiabulls Advantages

Full-service broker with charges lower than most discount brokers.
Free Equity Delivery trading. No brokerage charges for trades in equity delivery segment.
Flat max Rs 15 per trade brokerage in all other segments.
Margin Trading Facility is available at as low as 12% interest p.a.
Free trading software including Indiabulls Shubh Mobile and Shubh Web.
Trading Terminal 'Power Indiabulls' is among the best trading terminals available.
Power Indiabulls is available for Apple's Mac and Linux OS.
Widespread network of local branches and sub-brokers make them very accessible.

Indiabulls Disadvantages

'Power Indiabulls' Trading Terminal comes at a cost of Rs 450 onetime fee.
Indiabulls Ventures doesn't offer 3-in-1 account as the company doesn't provides banking services.

Indiabulls Exposure Margin

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 12x (based on the stock)
Equity Future	Intraday - 50%(2x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	1x (no margin)
Currency Future	1x (no margin)
Currency Options	1x (no margin)
Commodity Future
Commodity Options

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 Customer Complaints

Exchange	Financial Year	Number of Clients *	Total Complaints **
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.

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

178 Comments

178. kumar Dec 27, 2018 09:42 Reply

do not take Indiabulls trading account. i opened Indiabulls trading account on 2008, it was free account. then 2010 on wards started charging AMC and DB charge.
without any notification to me, Indiabulls charged 3000 as DB charge, actually i sold only 3 company shared which was holding 12000 worth amount of shares. when i asked manager, senior manager and customer care, there is no proper response at all. i was tracking mote then 6 month, but did not help at all. i completely stopped trading with Indiabulls.

Ratings:

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

177. S K Mohapatra Aug 18, 2018 21:45 Reply

Brokerage charge is high. Mobile app is not user friendly. Profit/loss and ledger menu not available in mobile app.

Ratings:

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

176. Niraj May 6, 2018 22:56 Reply

Horrible experience. Bad people are employed. And without any transactions they charge u with fees.
Even to close an demat account with them is a herculean task.

Ratings:

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

175. ANIL Mar 22, 2018 16:15 Reply

ERHSFDHFJFGJBM GYJB VJCGH JGH JGBLYU KGYKGHM

Ratings:

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

174. Sachin Mar 14, 2018 21:34 Reply

Prepaid brokerage package was sold to me. Initially I was hesitant to go for it because of my concern of not being able to utilize the entire amount within in year. However, I was assured that the tenure would be extended if it was under utilized. The next year they did extent it by charging service tax on the remaining balance. Even at the end of the two years, the prepaid amount was under utilized, however this time they refused to extend the validity. Brokers like ICICI provide 15 years validity for the pre paid brokerage.

It turned out to be my biggest mistake using Indiabulls

Ratings:

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

173. gsp Feb 27, 2018 18:26 Reply

Indiabulls Ventures Ltd. introduced minimum brokerage of Rs.25/- per scrip per order from 01-Jan-2018 subject to maximum of 2.5% restricted by SEBI regulations. They have revised the DP plus Taxes). Charges as appearing now in this web page is not up-to-date.

It is not advisable for small Investors/traders to open an account with Indiabulls Ventures. Better to choose any discount broker.

172. Prashant Sep 26, 2017 12:16 Reply

They change rates without informing clients. And then levy the same . Wonder how once a Contract is signed between the client and them is signed, they can go about, changing rates at their will

Ratings:

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

171. S.Gulati Jul 25, 2017 10:01 Reply

1. The relationship managers do not have proper knowledge of the stocks they recommend their customers to trade in.
2. They resort to aggressive trading, In spite of customers advise to go slow.
3. The brokerage charges were much more than the advertised charges. The customer was not told about these charges before starting trading and no time was given to customer to give his approval of the charges.

Ratings:

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

170. NITIN Jun 14, 2017 04:49 Reply

very high brokerage compared to zerodha and other service providers

Ratings:

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

169. Madan chand sethia Mar 4, 2017 10:45 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 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 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 00:59 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 20:49 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 21:49 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 20:46 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 14:06 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 15:19 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 19:17 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 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

Compare Indiabulls with Top Brokers in India

Indiabulls Vs Zerodha	Indiabulls Vs ICICIDirect	Indiabulls Vs HDFC Securities
Indiabulls Vs Sharekhan	Indiabulls Vs AxisDirect	Indiabulls Vs Angel Broking
Indiabulls Vs Kotak Securities	Indiabulls Vs Motilal Oswal	Indiabulls Vs Karvy
Indiabulls Vs India Infoline (IIFL)	Indiabulls Vs SBI Securities	Indiabulls Vs Geojit
Indiabulls Vs Religare	Indiabulls Vs Edelweiss	Indiabulls Vs Reliance Securities
Indiabulls Vs SMC Global	Indiabulls Vs Nirmal Bang	Indiabulls Vs 5paisa
Indiabulls Vs Ventura	Indiabulls Vs Upstox	Indiabulls Vs Anand Rathi
Indiabulls Vs MyValueTrade	Indiabulls Vs Aditya Birla Money	Indiabulls Vs Bonanza
Indiabulls Vs SAMCO	Indiabulls Vs TradingBells	Indiabulls Vs IDBI Capital
Indiabulls Vs TradeSmart	Indiabulls Vs SAS Online	Indiabulls Vs iTradeOnline
Indiabulls Vs Tradeplus	Indiabulls Vs Tradejini	Indiabulls Vs Alice Blue
Indiabulls Vs Wisdom Capital	Indiabulls Vs Fyers	Indiabulls Vs Finvasia
Indiabulls Vs ProStocks	Indiabulls Vs RMoney	Indiabulls Vs Beeline
Indiabulls Vs Just Trade	Indiabulls Vs Achiievers	Indiabulls Vs Trustline
Indiabulls Vs Yes Securities	Indiabulls Vs RKSV

Grid Comparison of All Brokers
Are you a Zerodha Customer?

Name		Phone
Email		City
State
Are you a day trader?

Name:		Phone
Email		City
State
Are you a day trader?

Name:		Phone:
Email:		City:
State:
Are you a day trader?