Indiabulls Shubh is an Indian Broker with good experience in trading field. But before using this platform you need to know about its account types and charges which will help you to decide whether to use Indiabulls Shubh or not. Here in this article, tradingcritique.com gives you a comprehensive review of Indiabulls Shubh that teaches all you need to know about trading with Indiabulls.
Regulation: The Securities and Exchange Board of India (SEBI)
Account Types: Demat and trading account
Demo Account: NO
Islamic Account: NO
Market Instruments: Equity Trading, Derivative Trading, Commodity Trading, Currency
Trading, IPO, Mutual Funds, SIPs
Trading Platforms: Shubh Mobile, Shubh Web, POWER Indiabulls
Maximum Leverage: 5X
Customer Support (24/7): 24/5
Customer Support Languages: English
Indiabulls Shubh – An Intro
Indiabulls Shubh is a brand of Indiabulls Shubh Ventures Ltd, one of India’s oldest stockbrokers, which has been in business since 2000. Dhani Services was renamed as Indiabulls Shubh Ventures with effect from October 6, 2020.With a dedicated sales staff of over 900 people spread over 18+ locations.
Indiabulls Shubh Ventures has over seven lakh consumers. The group has a net value of more than 28,580 Cr. Indiabulls places a great emphasis on technology and the market, ensuring that all of its enterprises adhere to the Group philosophy of – On for Tomorrow.
Indiabulls shubh is a top stock broker in India, with features such as limitless trading plans, free trading platforms, free call and trade, free research, and zero interest margin funding.
Regulations & Trustability Review of Indiabulls Shubh Broker
Sameer Gehlaut founded the business in 1995. The brokerage house is a public limited company with its headquarters in Mumbai, Maharashtra. It is a SEBI registered broker that has been in the stock trading business for a long time. Among its key enterprises, the Group’s flagship company, Indiabulls Shubh Housing Finance, is rated AA by prominent rating agencies such as CRISIL and CARE.
Indiabulls Real Estate is a top real estate developer involved in the construction of outstanding landmark projects. All of the Group’s firms operate independently and are publicly listed on the Bombay Stock Exchange and the National Stock Exchange.
Table 1: Indiabulls shubhMembership details
Membership of Indiabulls | |
---|---|
SEBI Registration No | INZ000007534 |
BSE Membership No | 907 [CM, FNO] |
NSE Membership No | 08756 [CM, FNO, CDS] |
Financial Instruments & Assets Review of Indiabulls Shubh Broker
The services given by Indiabulls Shubh Ventures are fantastic, and you do not have to rush around to other brokerage houses to trade different financial instruments.
Trading Assets of Indiabulls:
Indiabulls Equity Trading
Indiabulls Shubh Knowledge bites
Indiabulls Shubh is a discount stockbroker that offers extremely inexpensive brokerage rates. Indiabulls shubh is a top stockbroker in India, with features such as limitless trading plans, free call and trade, free research, free trading platforms, and zero interest margin funding. The organization offers a wide range of services, including trading, depository, and research services, as well as high- quality trading platforms. They are the first in the country to launch Internet-based trading platforms.
Indiabulls Derivative Trading
Indiabulls Shubh Commodity Trading
Indiabulls Currency Trading
IPO
OTC Derivative trading in Indiabulls
Indiabulls Mutual Funds
Indiabulls SIP
Trading Platforms Review of Indiabulls Shubh Broker
The Indiabulls Ventures’ Shubh trading platforms are now among the greatest in the country. They provide a fast, accurate, and effective trading opportunity.
Trading Platforms of Indiabulls:
Shubh Mobile
This is currently recognized as one of the most advanced mobile application-based trading platforms. On this application, you automatically receive margin funding at a rate of 12%. If you live in a first or second-tier city, you can use this app as a trading terminal to make orders quickly and easily.
While trading, you may obtain immediate assistance from customer service representatives by utilizing this application. You can create an account in just a few minutes by downloading the Shubh App, which is available for Android and iOS.
POWER Indiabulls
The firm’s most talked-about trading platform is its terminal PIB Indiabulls, which is a program that must be installed on a desktop or laptop running Windows or MAC. This POWER Indiabulls shubh app is ideal for traders who trade daily and in large volumes.
Shubh Web
IB Ventures introduced internet trading in the Indian market, and their online trading platform is currently regarded as one of the finest in the industry. Customers may use Indiabulls trading website to make orders, track transactions, invest in initial public offerings (IPOs) and mutual funds, transfer funds, maintain portfolios, and access research papers and news.
Review on Types of Account of Indiabulls Shubh Broker
You do not need to spend anything to create an Indiabulls Ventures Shubh account. Clients can get a free Indiabulls shubh Ventures Demat account and trading account.
Accounts of Indiabulls:
Brokerage Plans Review of Indiabulls Shubh Broker
This firm provides two types of Indiabulls Shubh brokerage plans, which are given below
4 types of Brokerage Plans of Indiabulls:
Indiabulls Unlimited Trading Plans
In equity, currency, futures, and options, Indiabulls Shubh Securities share provides unlimited monthly membership subscriptions.
Indiabulls F&O Plans
For a monthly subscription of INR 1000, the plan provides unrestricted trading in equity and currency derivatives.
Indiabulls Equity Plan
The plan allows for unlimited equity delivery and intraday trading, with a 5x intraday exposure.
Indiabulls Base Plan
Traders who do not subscribe to unlimited plans are charged Rs. 15 per trade across all segments by default. Traders whose subscription to the monthly unlimited trading plan expires are immediately switched to this default Base plan.
Review on Fees & Commissions of Indiabulls shubhBroker
The maximum fee for each transaction cannot exceed Rs.15, regardless of the volume traded, which is extremely beneficial for traders who trade large volumes daily.
Table 2: Fees and commissions of Indiabulls
Indiabulls Assets | Brokerage Charge | Transaction Charges | Turnover Charges |
---|---|---|---|
Equity Options | Rs 15 per trade | 0.0550% | 0.055% (on premium) |
Equity Futures | 0.00250% | 0.0025% of Turnover. | |
Equity Intraday | Free | 0.00325% | 0.00325% of Turnover |
Equity Delivery | 0.00325% | 0.00325% of Turnover | |
Currency Options | Rs 15 per trade | 0.0550% | 0.055% (on premium) |
Currency Futures | 0.00250% | 0.0025%. | |
Commodity | 0.03% | 0.0030% | 0.003%. |
Account Opening Charges | |||
Demat Account Opening Charges | Free | ||
Demat Account AMC | Rs 450 | ||
Trading Account Opening Charges | Rs 500 | ||
AMC | Free |
Funding & Withdrawal methods Review of Indiabulls Shubh Broker
The funding and withdrawal methods are almost instantaneous with Indiabulls Shubh. Table 3 lists the processing time of various methods.
Table 3: Deposit & Withdrawal methods & processing time in Indiabulls
Indiabulls Deposit &Withdrawal methods | Processing time |
---|---|
Payment Gateway | Instant |
NEFT/RTGS | 2 Hours |
Cheque | 1-3 Days |
Leverage Review of Indiabulls Shubh Broker
The leverage or exposure of Indiabulls Shubh Ventures is lower than that of any of its competitors. It only gives up to five times leverage. Less leverage can be an advantage for traders who are beginners as they might not lose more money on using leverage. But expert traders cannot see much profits with less leverage.
Table 4: Maximum Leverage of Assets available in Indiabulls
Indiabulls Assets | Maximum Leverage |
---|---|
Equity Intraday | Up to 5X |
Commodities Option | 1x |
Commodities Future | |
Currency Options | |
Currency Futures | |
Equity Options | |
Equity Futures | |
Equity Delivery |
Special Features to trade in Indiabulls Shubh Broker
Indiabulls Shub is an advanced trading platform available in India which also provides a variety of trading tools that can help traders. There are many special features that the traders can use for their advantage which are explained below.
Features available for Trading in Indiabulls Shubh:
Trade on the Call
Customers of Indiabulls can utilize the ‘Phone Trade Facility’ to place trading orders at any time by dialling the central dealing desk. The Indiabulls shubh Call & Trade Facility is provided to all of its clients at no cost.
Margin Trading at Zero interest
The interest-free margin fund amount is determined by the unlimited plan you select.
Table 5: Indiabulls shubh monthly fees for margin Funding
S.N o | Indiabulls Monthly Fee | Margin Funding (0 %) |
---|---|---|
1 | 1000 | 0 |
2 | 2000 | 1,00,000 |
3 | 3000 | 2,00,000 |
4 | 5000 | 3,25,000 |
5 | 75000 | 5,00,000 |
6 | 10000 | 6,50,000 |
7 | 12500 | 8,50,000 |
8 | 15000 | 10,00,000 |
9 | 20000 | 12,50,000 |
10 | 25000 | 15,00,000 |
11 | 30000 | 17,50,000 |
12 | 35000 | 20,00,000 |
13 | 45000 | 22,50,000 |
14 | 50000 | 25,00,000 |
15 | 100000 | 50,00,000 |
Other Features available in Indiabulls Shubh
Other than trading you can use India bulls for various other things such as,
Read further to know about the Loan against Property, Home Loans and Real Estate of Indiabulls.
Indiabulls Loan against Property
The Indiabulls Loan against Property is a property mortgage loan that can help you get the money you need to invest in your business. Loan against Properties from Indiabulls Home Loans may provide you with the most money possible against the market worth of your home at the lowest mortgage loan interest rates.
Indiabulls Home loan
A home loan is a loan used to buy a ready-to-move-in home, a property under construction, or a piece of land on which you want to build a home. Indiabulls home loans allow you to apply, obtain approval, and complete disbursement at any time and from any location.
Indiabulls Real Estate
The availability of high-quality dwelling and commercial spaces is quite limited in India. Since its incorporation in 2006, Indiabulls shubh Real Estate has been devoted to developing excellent commercial and residential buildings, as well as social-economic zones.
In cities including Mumbai, Gurugram, Chennai, Madurai, Ahmedabad, and Thane, it has already established its landmarks. They are not just restricted to the countryside, but also high-profile projects in upmarket London.
Bonus & Offers Review of Indiabulls Shubh Broker
For the first month, Shubh Unlimited Trading is accessible for free. There are no yearly maintenance fees for the trading account. You can get a variety of discounts on the brokerage you produce by trading with them. There is an option to earn money and presents by introducing other prospective investors to the brokerage company.
Research & Education Review of Indiabulls Shubh Broker
Fundamental reports, corporate reports, research reports, yearly reports, Stock analyses, and free stock recommendations are all available. You can learn everything you need to know about the market’s impending IPOs by reading their IPO reports in Indiabulls.
Trade the greatest stock of the day with their top choices of the day. Offline advising and relationship manager’s services are among the Indiabulls Shubh Ventures’ advisory services.
Pros and Cons of Indiabulls Shubh Broker
Indiabulls sure have some advantages and disadvantages. They are listed in below Table 6.
Table 6: Pros and Cons of Indiabulls shubh Broker Platform
Indiabulls Shubh Pros | Indiabulls Shubh Cons |
---|---|
They provide all of the services of a full-service broker while charging the price of a bargain broker. | It charges fees for using a trading terminal. |
They offer all of the data and statistics that customers want to trade in a competitive market like India. | There is no such thing as a three-in-one account. |
The company’s trading applications allow you to keep track of your portfolio. | There are no online discussion blogs or forums available. |
It boasts one of the best trading platforms in the country since it was the first broker to provide online trading to Indian traders. | |
The company gives exclusive deals and services to non-resident Indians. | |
The organization provides investing and trading opportunities in every asset type imaginable. |
Customer Support Review of Indiabulls Shubh Broker
The Indiabulls Shubh Ventures’ customer service experts are there for all your inquiries around the country, with over 200 branches. It is the role of the brokers to be active in live chats, E-mails, hotline lines, and discussion forums. Customer support is available only in English.
Table 7: Customer support service of Indiabulls
Indiabulls Shubh Customer Support | |
---|---|
Registered office address | M – 62 & 63, First Floor, Connaught Place, New Delhi – 110001 |
Helpline Number | 022-6144 6300 |
Service Hours | Customers can call us between 9:00 A.M. to 6:00 P.M. (Monday to Friday excluding Trading Holidays). |
Indiabulls Shubh social media pages:
Facebook @indiabull
YouTube Indiabulls Securities
Twitter @IVLSecurities
Email helpdesk@dhani.com
Indiabulls Shubh In a Nutshell
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