Indiabulls Ventures Review 2019

Rated 4/5 by Top Share Brokers Team
Indiabulls Ventures Limited Review

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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.

Review Summary

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.


Benefits

  1. Ranked highest broker quality rating "BQ1" by CRISIL
  2. Flat Fee Brokerage @ 15 Plan and Free Delivery Trading
  3. Margin Trading Facility at 12%* interest p.a.
  4. Dedicated Service Branch and Relationship Manager
  5. Comprehensive real time Reports
  6. Strong and handy mobile app- Shubh
  7. Prompt customer service

Considerations

  1. No 3-in-1 account.
  2. Missing Unlimited Trading Plans
  3. Call and Trade is not free

Request call back from Indiabulls Ventures

Indiabulls Ventures Investment Options Compare

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

Indiabulls Ventures Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 3/5

Indiabulls Ventures Account Opening Charges

      »»  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 Brokerage

Flat Fee brokerage plan

    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.

Unlimited trading plan

    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.

    Equity Delivery Plan with Margin Funding facility
    PlanCharges
    (For 30 Days)
    Margin Funding
    Zero Interest
    1Rs 1,000Rs 0
    2Rs 2,000Rs 1,00,000
    3Rs 3,000Rs 2,00,000
    4Rs 5,000Rs 3,25,000
    5Rs 7,500Rs 5,00,000
    6Rs 10,000Rs 6,50,000
    7Rs 12,500Rs 8,50,000
    8Rs 15,000Rs 10,00,000
    9Rs 20,000Rs 12,50,000
    10Rs 25,000Rs 15,00,000
    11Rs 30,000Rs 17,50,000
    12Rs 35,000Rs 20,00,000
    13Rs 45,000Rs 22,50,000
    14Rs 50,000Rs 25,00,000
    15Rs 1,00,000Rs 50,00,000
Detail Review of Unlimited Subscription Plan

For complete brokerage charges and trading plans detail please visit Indiabulls Ventures Brokerage Charges.

Indiabulls Ventures with closest competitors

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


Open Trading and Demat Account with Indiabulls Ventures Limited

For online trading with Indiabulls Securities, investor has to open an account. Following are the ways to open an account with Indiabulls Securities:

  • Call Indiabulls Customer Support at 0124 4572444 (9:00 A.M. to 6:00 P.M. Monday to Friday excluding Trading Holidays).
  • Contact Indiabulls Securities by sending email at [email protected]
  • Visit their nearest branch.

Contact Indiabulls Ventures

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Indiabulls Ventures Trading Platform and Tools

Trading Platforms Rated 4.5/5

    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 -

    • Integrated market watch for Equities and Derivatives & Live Streaming Quotes
    • Fast Order Entry
    • A tic by Tic Live Intraday Charts, Technical Analysis, Multiple Market Watch
    • Live Market News & Real-Time Market Statistics
    • Customizable Alerts & Extensive Reports
    • World Market Summary
    • Introducing Intraday Futures

    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.

Indiabulls Ventures Trading Platform Compare

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

Final thought about Indiabulls Ventures

Rated 4/5 by 33 users

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.

Last updated on 2019-08-09


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Indiabulls Ventures Limited User Reviews

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10. Satish nair Nov 8, 2017 8:16:17 PM IST Reply
1. Dishonest. Using your POA, they trade using funds deposited in your account to buy penny stocks. Before you realize your money is gone
2. Worst Customer Service. Their centralised Customer help-desk is impossible to get on phone. RM''s are the rudest creatures possible. My RM one, Vaishali Phalak (902278****) shouts at the top of her voice, when I call for a clarification
3. Arbitrary decisions- They started with Zero AMC and then without any intimation started charging Rs. 450 annually as AMC. I was not aware of it and they informed me after 4 years, after slapping a 2% monthly interest.

Absolutely horrible and fraudulent. Be warned of dealing with Indiabulls Ventures
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10.1. Santosh Raut Nov 12, 2019 7:46:06 AM IST
Yes i have been a victim of these people please start a thread on mouthshut so more people are aware of these frauds
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9. Santosh Raut Nov 12, 2019 7:43:47 AM IST Reply
Very bad and fraud Relation ship managers who work only for brokerage. even i incurred huge loss yesterday. i request people to stop using their trading platform. Finally from know i have stopped trading .
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8. PRATYUSH Apr 28, 2019 2:42:58 PM IST Reply
Relationship manager and research team is not best in class. Most of the time their research and predictions were wrong. They traded without putting stop loss and I incurred high losses.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average
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7. Basavaraj Mar 7, 2019 3:10:42 PM IST Reply
How to open a account and what''s the leverage
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6. Mangesh Nov 28, 2018 5:36:51 PM IST Reply
Please meet me
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5. Dhananjay Jul 1, 2018 12:20:57 PM IST Reply
Never ever trust Indiabulls Ventures. They have not the right knowldge of market. RM does not study about market & ask to invest your money without any research & study of market. & then luck depends but in most of the cases money will flew & you have to suffer a huge loss.
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4. Ankit Apr 25, 2018 9:48:34 AM IST Reply
Beware while doing trading with Indiabulls. Very very poor service.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
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3. Aasitya Apr 27, 2016 7:11:42 PM IST Reply
Indiabulls, As they have flexible modal for brokarage, the RM promised me brokerage 0.25% for delivery but when I checked the contract note, the brokerage was 0.5%. When I went to his office again and told him WTF, he said there is some mistake at our end we will correct it asap.

I knew it was not mistake, he thought I wont check the contract note.

So be careful when u are signing contract notes and please review your brokerage statement regularly.
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3.1. Deepak Apr 17, 2017 4:57:32 PM IST
The same has happened with me also.Indiabulls RMs are not at all trustworthy.They never do what they commit. They never give you such things in writing to avoid responsibility & after transactions they say they will correct mistake in future, but for past transaction client has to bear losses. Avoid Indiabulls it''s trap.
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2. Deepak khatter Apr 17, 2017 4:50:06 PM IST Reply
Indiabulls ventures is a trap as it''s RM(Relationship manager) service is really poor(for which they charge one of the highest rates of brokerage in industry), RMs never take up phone calls of clients & always give a broken record reply in SMS that you are not reachable. you feel worried about your hard earned money kept with such people.

Everybody must check contract notes for rate of brokerage charged, becait usually remains higher then promised by RM. RM always avoid to give anything in writing to escape responsibility of their words, due to which customer has to bear more cost. RMs are totally unprofessional. Due to this I have recently closed account with it. Thank God.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
1. rushi Dec 24, 2016 12:32:50 PM IST Reply
close this company

Ratings:

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

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