Indiabulls Ventures Limited (Shubh) formerly known as Indiabulls Securities Limited is one of the leading financial market companies providing brokerage, DP, equity research, commodity, currency trading, and advisory services. The Company has a client base of approx 7 lakhs with presence in 18 cities.
The IVL recently moved to discount brokerage business and started offering Flat Fee Rs 15 per trade plans(Lowest in Full Service Brokers). Now the company is promoting brand name with Shubh which is their mobile and web trading platform.
When coming to the company's operational review - IBVL is the first brokers in India to provide an internet-based trading platform. Indiabulls online trading platform - Power Indiabulls (PIB) is a robust desktop based application, developed especially for active traders and made available to Indiabulls clients by paying a one-time activation fee of Rs 750.
Indiabulls mobile trading app- Shubh is fully featured and among one of the best apps for mobile trading in India.
They have central clients account monitoring process, with their in house developed software, which can generate detailed client ledgers and track margin levels dynamically. They have a robust risk management framework.
On Offering point of view - IBVL offers investment options in equity, currency derivatives, commodities, IPOs, Mutual Funds & Bonds. Add on features are Portfolio tracker, Equity Analysis Reports, Market Statistics, various account level reports & comprehensive research reports. The company also offers Margin Trading Funding on 12% Interest rate.
On Customer service - they have various branches to provide one-on-one service as well as E-mail and client helpline support. They have support available only in market hours and not 24*7. Areas, where Indiabulls can improve, can be an online discussion forum, tutorial and online chat with a representative.
Indiabulls Ventures - "Shubh" India leading financial market company now offering discount broking service with max Rs 15 per executed order. The company charges are in lowest range for equity delivery, future, Intraday & Currency than its competitors, and delivers with a fantastic platform and mobile trading offering.
Here we are comparing Indiabulls Ventures with its 5 close competitors on investment options.
| Broker | Indiabulls Ventures | Sharekhan | 5paisa | Zerodha | SAMCO |
| Equity Trading Type | Yes | Yes | Yes | Yes | Yes |
| Currency Trading | Yes | Yes | Yes | Yes | Yes |
| Commodity Trading | Yes | Yes | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes | Yes | No |
| MF SIP | Yes | Yes | Yes | Yes | No |
| ETF Investment | Yes | Yes | Yes | Yes | Yes |
| Banking | No | No | No | No | No |
| Insurance | Yes | Yes | Yes | No | No |
»» Trading Account Opening Charges: Rs 500
»» Trading Account AMC: Free
»» Demat Account Opening Charges: Free
»» Demat Account AMC: Rs 450 PA (2nd Year Onward)
Indiabulls Ventures (Shubh) moved from percentage based plan to the Flat Fee brokerage plan in June 2019. Till now the company was offering trading service on a percentage based. Now you can trade with Indiabulls Ventures Shubu by paying Max Rs 15 per trade or 0.01%, whichever is lower. The changes come into effect to compete with discount brokers who are offering a similar brokerage plan. Angel Broking also did similar changes in brokerage plan, but Indiabulls plan is simple and easy to understand. The broker also offering "Free Delivery Trading" in his new flat fee plan (1 paisa per executed order which is minimum brokerage can be charged by a broker). Account opening charges are Rs 450 and Demat AMC Rs 450 will be charged from second year onwards. The company also offers margin funding of @12% PA. Use Call and Trade facility @ 15 Per executed order. Other than this there are no hidden charges or minimum brokerage charges which were charged previously in percentage based brokerage.
This is an unlimited 30 days trading plan offered by IndiaBulls for online customers. The plan is applicable for trading in equity delivery, intraday, equity derivatives and currency derivatives. The basic plan offer flat 30 day fee of Rs 1000 to trade in Equity Delivery and Intraday and Unlimited Rs 1000 30 day plan for Equity Derivatives and Currency Derivative segment. Customer can also avail margin funding facility for equity delivery segment by paying higher monthly fee. Margin funding is not available for the derivative segment.
| Plan | Charges (For 30 Days) | Margin Funding 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 1,00,000 | Rs 50,00,000 |
For complete brokerage charges and trading plans detail please visit Indiabulls Ventures Brokerage Charges.
Here we are comparing Indiabulls Ventures with its 5 close competitors, who are currently market leader in brokerage industry.
| Broker | Indiabulls Ventures | Sharekhan | 5paisa | Zerodha | SAMCO |
| Service Type | Discount Broker | Full Service Broker | Discount Broker | Discount Broker | Discount Broker |
| Brokerage Range | Rs 1000 PM | 0.1 to 0.5% | Rs 10 | Rs 20 | Rs 20 |
| Account Type | 2 in 1 | 2 in 1 | 2 in 1 | 2 in 1 | 2 in 1 |
| Equity Delivery | Rs 1000 | 0.5% or 50 paisa | Flat Fee Rs 10 | Free | 0.2% or Rs 20 whichever is lower |
| Equity Intraday | Include in Delivery | 0.1% or 10 paisa | Flat Fee Rs 10 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Equity Futures | Rs 1000 | 0.1% or 10 paisa | Flat Fee Rs 10 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Equity Options | Include in Derivatives | 2.5% of Premium or Rs 250 per lot whichever is high | Flat Fee Rs 10 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Commodity | NA | 0.1% or 10 paisa | Flat Fee Rs 10 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | Include in Derivatives | 0.1% or 10 paisa | Flat Fee Rs 10 | 0.01% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Currency Options | Include in Derivatives | 2.5% of Premium or Rs 30 per lot whichever is high | Flat Fee Rs 10 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Rating |
Please refer unique and accurate Indiabulls Ventures Brokerage Calculator
For online trading with Indiabulls Securities, investor has to open an account. Following are the ways to open an account with Indiabulls Securities:
With reference to Platform and tools, Indiabulls has a very stable, reliable & strong trading platform. IBVL offers desktop terminal base, web-based and mobile based trading platform.
Trading Platform -Power Indiabulls (PIB) - PIB is an integrated trading platform for the internet trading community to invest in equity, F&O, IPOs. It's also providing various trading reports for decision making and technical analysis. A key feature of PIB -
Indiabulls Shubh - Shubh is a mobile trading app by Indiabulls that supports both ISO and Android systems. This application is loaded with Market Watch, Reports, Order now, Get Quote, Alerts and lots of other features. You can get instant access to Marker Research Reports by Indiabulls Research team. The portfolio tracking is easy with Shubh on the go.
Shubh Web (Internet Web Trading) - Shubh Web is a comprehensive web-based trading platform by Indiabulls. This web-based trading platform allows you to trade in all the segments on single sign-on. You can track your portfolio, integrated online payment gateway, extensive research reports, live market news, and real-time market statistics.
For detail review of mobile app and download please visit Indiabulls Ventures Trading Platform Review.
Here we are comparing Indiabulls Ventures with its 5 close competitors on Trading Platform.
| Broker | Indiabulls Ventures | Sharekhan | 5paisa | Zerodha | SAMCO |
| Desktop Windows | Yes | Yes | Yes | Yes | Yes |
| Desktop Mac | Yes | No | No | No | No |
| Web Trading | Yes | Yes | Yes | Yes | Yes |
| Android Tablet App | Yes | Yes | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes | Yes | Yes |
| iPhone App (iOS Mobile App) | Yes | Yes | Yes | Yes | No |
| iPad App | Yes | Yes | Yes | Yes | No |
| Mobile Site | Yes | Yes | Yes | Yes | Yes |
Indiabulls is one of those companies who claim they are the pioneer on internet base trading, now company started offering flat fee plan @15 per executed order and free delivery trading with the launch of updated trading platform Shubh.
Overall Indiabulls Ventures Shubh can a good choice as your broker with their offerings like a wide range of products and services, good customer service and strong trading tools & platform. The interest rate on Margin Trading funding is also lowest in Industry, where other brokers are charging 18% & 24% Indiabulls ventures is charging 12% PA.
If you like what you have read and want to open an trading and demat account with Indiabulls Ventures, leave your contact information with us and we will guide you.
Ratings:
Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average