Beeline Broking Ltd Review - A Full Service Broker India 2018

Last Updated - 2018-03-18

Rated 3/5 based on 71 customer reviews

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A full service cum discount broker with some unique services like guidance on going SMEs, SEP, reward point system for brokerage and brokerage bidding to choose your own brokerage.

Brokerage Charges
Investments Offering
Trading Platform
Customer Service

Why Beeline?

  • Services of Relationship Managers and Research Analysts.
  • Recommendations and tips through direct mailers.
  • Percentage brokerage and per order brokerage options available.
  • Trading facility available across multiple asset class on NSE, BSE, MCX and NCDEX.
  • Facility to investment in ETFs and bonds.
  • Assistance to companies for listing as SMEs.
Special Offer: Get 15 days brokerage free trading + Lifetime Rs 0 AMC Demat Account for ?176 one time fee. Use Coupon CHT176 to avail this special offer.Sign up now

  • Beeline Loyalty Rewards Program.
  • Referral Program to earn 10% on revenue generated by your referral on first layer and 5% in second layer.
  • Systematic Equity Plan (SEP).
  • Free trading account.
  • Equity, Commodity and currency trading.
  • IVRS facilities for backoffice and balance confirmation.


  • Two brokerage plans creating confusion.
  • Lacking in innovative tools.
  • Doesn’t offer after market trades.
  • Software charges.

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Beeline Review - 2018

Beeline broking limited is a mix of full service broker and discount broker offering trading across different asset class and add on services like equity SEP(Systematic Equity plan), SME listing & planning, research and market analysis, technical and fundamental analysis, tips and recommendations and so on.

The broker is based in Ahemedabad, GJ and promoters have a long experience of the market.

Beeline Broking lets you trade online across equity delivery, intraday, equity derivatives, currency, commodity by having membership of NSE, BSE, MCX, NCDEX through their online trading platforms via single sign on.

Trading in commodity Segment is offered by Beeline Commodities Pvt Ltd. Beeline is a depository participant. Demat account opening onetime fee is Rs 876 with free AMC.

Beeline has tie up with NSDL, a repository to have all your insurance policies in demat form. The broker helps you create an e-insurance account (e-IA) absolutely free of cost and you can buy as many insurance policies under the same demat account. You can also pay your premiums, view your portfolio and make amendments to your policy online.

The broker also offers NRI trading service.

If we talk about brokerage then Beeline offers both per order brokerage and percentage based brokerage. They have a brokerage bidding page where you can choose your own lowest brokerage for different segments. Flat fee brokerage is fixed at Rs 18 per executed order in equity delivery, equity derivative, currency and commodity future segment.

Beeline runs a daily rewarding program where they reward participant with gift e-vouchers for predicting  the daily closing of indices future, currency future and commodity future of the current month. You can participate every day and the participant who makes the nearest predictions on either side of the close is the winner. Beeline value any contribution by our esteemed clients and based on your contribution in terms of Client referral , Sub broker/ Associate Programme/ Remisier referral , Participation in a survey/giving us feedback & Brokerage generated.Based on your contribution we assign reward points to our clients.2% of the average monthly brokerage will be converted into reward points. The reward points that you accumulate can be redeemed on a monthly or quarterly basis. More details can be followed on their website

On Customer Service, Beeline serves customer through email, call and live chat. Branches of Beeline is not available at this point of time.Beeline have two branche offices, one in Ahmedabad and one at Gandhinagar.

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Beeline with closest competitors
Broker Beeline Zerodha ICICIDirect Sharekhan ProStocks
Service Type Discount Broker Discount Broker Full Service Broker Full Service Broker Discount Broker
Brokerage Rs 18 Rs 20 0.05 to .55% 0.1 to 0.5% Rs 15
Account Type 2 in 1 2 in 1 3 in 1 2 in 1 2 in 1
Monthly Plans No No No Yes
Please refer unique and accurate Beeline Brokerage Calculator

Beeline Brokerage Charges - 2018

Beeline offer per order brokerage and percentage based brokerage both. Per order is fixed at Rs 18 per executed order for all the segments but percentage based brokerage can be chosen using brokerage bidding page. The brokerage of per order of Rs 18 is neither very high nor very low and most commonly quoted by discount brokers. It is lower than Zerodha, UpStoxs,SAMCO, Fyers (Rs 20), higher then ProStocks and TradeSmartOnline (Rs 15), SASOnline, RKGlobal (Rs 9), 5Paisa and MyValueTrade (Rs 10).

The percentage brokerage of Beeline is variable depending upon bidding and negotiation with the broker. The maximum brokerage offered is .25% for equity delivery, .02% for equity intraday and future, Rs 50 per lot for options,.01% for commodity and currency future and Rs 15 per lot for currency options. The percentage brokerage is at the lower side in the industry.

Beeline Account Opening and Demat Charges

  • Trading Account Opening Charges (One Time): NIL
  • Demat account Opening Charges (One Time): NIL
  • Trading Annual maintenance charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC): Rs 876(Life time)
For complete brokerage charges and trading plans detail please visit Beeline Brokerage Charges.
Beeline Brokerage Charges - Flat Fee Brokerage
Brokerage Plan Flat Fee Brokerage
Flat Fee NA
Equity Delivery Rs 18
Equity Intraday Rs 18
Equity Futures Rs 18
Equity Options Rs 18
Currency Futures Rs 18
Currency Options Rs 18
Commodity Rs 18

Account Opening with Beeline Broking Ltd

For online trading with Beeline Broking Ltd, investor has to open an account. Following are the ways to open an account with Beeline Broking Ltd:

  • Website: contact beelinebroking
  • Account Opening Phone Number: 079-66664040
  • Sales email: [email protected]
  • Customer care number: 079-66664040
  • Customer Support email: [email protected]
  • Drop your phone number and Beeline Broking Ltd Customer Service Executive will call you back for trading & demat account.

Contact Beeline

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Beeline Web, Mobile app and Desktop base trading platform - 2018

Trading platforms of Beeline are offered through NSE NOW and ODIN. NSE’s NOW is available in all three versions –Desktop Exe Trading, Web Trading and Mobile App. This software directly connects to the exchange for orders and feeds. NSE NOW is free for all segments on NSE but for trading on BSE customer has to pay Rs 150 per segment per month.

NSE NOW Desktop

This is the software based application that has to be downloaded on your pc. The software can be downloaded on PC with windows. This is a feature rich trading platform available to the customers for free of cost.


The NSE NOW web version is supported on Firefox, Chrome and Internet Explorer. This is the most widely used browser based platform for convenient and hassle free trading.

NSE NOW Mobile App

NSE NOW mobile app is available for download on Android as well as IOS smartphones. It is easy, customizable and intuitive with real time feed and quality execution.

My Armour

My Armour is another software offered by Beeline in Exe version and web version. The desktop version is available at Rs 100 per segment per month. Web version is free.

For detail review of mobile app and download please visit Beeline Mobile App.

Beeline Membership Information

  1. Beeline Broking Ltd NSE/BSE Membership:
    • Capital Market (CM) - INB231193310
    • Future & Options (F&O) - INF231193310
    • Currency Derivatives (CDS) - INE231193310
  2. Beeline Broking Ltd BSE Membership:
    • Capital Market (CM) - INB000000638
    • Future & Options (F&O) - INF000000638
  3. Beeline Commodities Pvt. Ltd:
    • NCDEX / TM / CORP/1136
  4. Beeline Broking Ltd Corporate Office:
    • B- 307, Ganesh Plaza,
      Beside Navrangpura Post Office,
  5. Beeline Broking Ltd Registered Office:
    • B- 307, Ganesh Plaza,
      Beside Navrangpura Post Office,

Beeline Product and Services

3 in 1 Accounthelp
Multiple Plans help
Monthly Plan help
Yearly Plan help
Portfolio help
Charting help
Automated Trading help
AMO Order help
Allow GTC Order help
SMS Alerts help
Margin Trade Funding help
Combined Ledger for Equity and Commodityhelp
NRI Trading help

Beeline Offering of Investments

Equity Cash and F&O help
Currency F&O help
Commodity Trading help
Mutual Funds help
ETF help
IPO Investment help
Bonds Investment help
Debt Investment help
Banking Service help
Insurance Service help
SIP Investment help

Beeline Trading Platforms & Tools

Desktop Platform (Windows) help
Desktop Platform (Mac) help
Web Platform help
Stock Alerts Delivery - Email help
Stock Alerts Delivery - Text SMS help
Virtual Trading help
Watch-lists, streaming real-time quotes help
Mobile Trading help
Android Tablet App help
Android App help
iPhone App help
iPad App help
Mobile Trading Site help

Beeline Customer Service

Phone Support help
Toll Free Number help
Email Support help
Branch Offices help
Live Chat (Current Clients) help
24/7 Support help

Beeline Research and Market Reports

Daily Market Report help
Free Tips help
Quarterly Results help
New Alerts help
Mutual Funds Research help
Research Equity Reports help
ETF Research help

Final thought about Beeline

Beeline Broking Ltd is a mid way broker between full service and discount broker. Out of two trading platforms offered by Beeline, one is free. The broker offers service little more than discount broker but has to work on innovative tools and platform. The broker provide tips for stocks, has relationship managers but doesn’t provide any research reports and analysis. Overall an average broker with a potential to offer more in future.

If you like what you have read and want to choose Beeline or any other broker, leave your contact information with us and we will guide you.

Beeline Broking Ltd User Reviews


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