Ad www.ProStocks.com
FREE Account Opening + No Clearing Fees + Rs 999 API
|
|
-3.83% 43,688 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.
Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at Rs 1000/month or Trade at flat Rs 15 per executed order.
Get this limited time offer| Transaction | Fees |
|---|---|
| Trading Account Opening Charges | Rs 500 |
| Trading AMC | Rs 0 |
| Demat Account Opening Charges | Rs 0 |
| Demat Account AMC | Rs 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 Rs 1000.
Unlimited trades in equity delivery & intraday with 5X intraday exposure. Choose from multiple plans starting at Rs 1000 per month.
Plans | Monthly Fee | Margin Funding at Zero Interest |
|---|---|---|
1 | Rs 1,000 | Rs 0 |
2 | Rs 2,000 | Rs 1,00,000 |
3 | Rs 3,000 | Rs 2,00,000 |
4 | Rs 5,000 | Rs 3,25,000 |
5 | Rs 7,500 | Rs 5,00,000 |
6 | Rs 10,000 | Rs 6,50,000 |
7 | Rs 12,500 | Rs 8,50,000 |
8 | Rs 15,000 | Rs 10,00,000 |
9 | Rs 20,000 | Rs 12,50,000 |
10 | Rs 25,000 | Rs 15,00,000 |
11 | Rs 30,000 | Rs 17,50,000 |
12 | Rs 35,000 | Rs 20,00,000 |
13 | Rs 45,000 | Rs 22,50,000 |
14 | Rs 50,000 | Rs 25,00,000 |
15 | Rs 100,000 | Rs 50,00,000 |
Note:
By default, Indiabulls customers are charged Rs 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 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 |
Visit Indiabulls Brokerage Charges Review for more detail.
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.
Visit Indiabulls Trading Software Review for more detail.
FREE Unlimited Trading for 1st Month (Rs 1000 waived) Get the offer
The following are the advantages of Indiabulls. You must read Indiabulls advantages and disadvantages before opening an account with Indiabulls. Indiabulls pros and cons help you find if it suits your investment needs.
The following are the cons of Indiabulls. Check the list of Indiabulls drawbacks.
Indiabulls margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Indiabulls F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Indiabulls F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure) | 1x |
| Overall Rating |  3.2/5 |
| Fees |  3.4/5 |
| Brokerage |  3.1/5 |
| Usability |  3.7/5 |
| Customer Service |  3.0/5 |
| Research Capabilities |  2.4/5 |
Based on 50 Votes by Indiabulls Customers
Do you trade with Indiabulls? Rate Indiabulls
|
Reply
|
Reply
|
Reply
1
|
Reply
|
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
|
Reply
Are you a Zerodha Customer?
Contact Indiabulls
Ratings:
Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor