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Fortune Trading Corporation is one of the well-known discount broker based out of Chennai.  Let’s have a detailed Fortune Trading Review & get good understanding of Fortune Trading Brokerage Charges, Fortune Trading Demat Account, Fortune Trading Platforms & other important features.

Fortune Trading Ratings & Review by Top10StockBroker

Fortune Trading Customer Ratings & Review

About Fortune Trading

Company Type Public
Broker Type Discount Broker
Headquarters Chennai
Founder Mr. K. Narayana Moorthy
Established Year 2004

Fortune Trading Corporation is a discount broker in India. It was started in the year 2004 at Chennai (TN), India. It is a discount brokerage and provides services in following financial segments like equities, F&O, commodity and currency.

It has proved its efforts for growth in recent years, with a customer base of over 25000 clients. After its consistent work on research and analytics, it has emerged in the comprehensive stock market in India. It holds the membership of popular exchanges like NSE, BSE, and MCX with a wide business network across India.

The discount broker also has two legal entities under Fortune Trading Corporation providing services for Commodities trading, and Fortune Capital Services Private Limited for trading in Equities, Derivatives, and Currencies.

In this era, internet usage has been increased to a good level to boost the business and reaching maximum clients. As a result, leads to the broadening the online trading zone as compared to offline trade. Fortune Trading Corporation is now considered as an established brokers among Online Discount Brokers across India.

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    Fortune Trading Brokerage Charges

    Equity Delivery Trading Rs.20 per order
    Equity Intraday Trading Rs.20 per order
    Commodity Trading 0.1% of trade value
    Equity Futures Trading Rs.20 per order
    Equity Options Trading Rs.20 per order
    Currency Futures Trading Rs.20 per order
    Currency Options Trading Rs.20 per order
    Minimum Brokerage Rs.20
    Demat AMC Charges Free Lifetime
    Trading AMC Charges Zero
    Margin Money Zero
    • Only SMS charge Rs 100/month

    Fortune Trading Brokerage Plans

    A flat fee of INR 20 per order for any kind of transaction across all asset segments. As per the personnel of Fortune Trading, the brokerage charged by them is almost 45-50% lower vis-à-vis that charged by other discount brokers. Further, in comparison to full service brokers, the rates are as low as 98%.

    Fortune Trading Charges

    Other than brokerage charges various other charges are levied to the client but these charges are very small in number & percentage.

    Transaction Charges 0.0019% of Total Turnover
    STT 0.01% of Total Turnover
    SEBI Turnover Charges 0.0002% of Total Turnover
    Stamp Duty Depends on State (very minimal)
    GST 18% of (Brokerage + Transaction Charges)

    These charges are very minimal & they don’t affect the overall ROI of the Investment.

    Find Brokerage Charges of other Brokers

    Fortune Trading Demat Account Opening Fees

    Depository Source CDSL
    Account Opening Charges Rs.525
    Demat AMC Charges Free
    Trading AMC Charges Free
    Margin Money Zero
    Offline to Online Yes

    It charges INR 525 for opening a trading account and the AMC is Nil. For DEMAT account, there are no account opening charges & AMC is free for lifetime.

    Fortune Trading Offers

    Margin Money Yes
    Free Demat Account No
    Free Trading Account No
    Discount on Brokerage Yes
    Trading Happy Hours No
    Flexible Brokerage Plans Yes
    1 Month Brokerage Free No
    Holiday Offers No
    Referral Offers Yes
    Zero Brokerage for Loss Making Trades No

    Here is the list of offers rolled out by Fortune Trading

    • Flat brokerage Charges of Rs.20
    • Free Trading Account
    • Minimal Margin charges are applicable.

    Fortune Trading offers

    To know about offers of other stock brokers check below

    How to open Demat account with Fortune Trading?

    • Fill up the Lead Form – Click here
    • Prospect will receive a call from sales team
    • Appointment will be set-up as per prospects availability
    • Sales person will visit the prospect
    • Prospect will have to provide few information & documents like Aadhaar Details, PAN Details, Account Opening Fees
    • Account will be activated within 1 working day

    This Entire process takes 1 or 2 days to complete.

    Why Open Fortune Trading account?

    • Competitive Rates. Flexible Plans.
    • Unparalleled Services. Always.
    • Timely Payments. Every time.
    • Unlimited Leverage. Unlimited Trading.
    • Brokerage Charges is very low – Rs. 20 per transaction
    • Account Opening process is very smooth
    • Very smooth working Trading Platforms


    Fortune Trading Products & Services

    Here is the list of Products & Services provided by the broking house.

    Fortune Trading Products

    Equity Trading Yes
    Commodity Trading Yes
    Currency Trading Yes
    Options Yes
    Futures Yes
    Mutual Funds No
    Forex No
    Banking No
    SIP No
    Insurance No

    List of Products offered are:

    • Equity
    • Derivatives
    • Commodity
    • F&O
    • Currency

    Fortune Trading Services

    Demat Services Yes
    Trading Services Yes
    3 in 1 Acount No
    Intraday Services Yes
    IPO Services No
    Stock Recommendations No
    Robo Advisory No
    PMS No
    Trading Institution No
    Trading Exposure Upto 15x

    Various Services offered:

    • Demat Account
    • Trading Account
    • Intraday Services
    • Robo Advisory
    • IPO Services
    • Exposure upto 15x

    Fortune Trading Research, Advisory & Stock Tips

    Look at this table for all information about their research & recommendations

    Fundamental Reports No
    Research Reports No
    Company Reports No
    Annual Reports No
    Company Stock Review No
    Free Stock Tips No
    IPO Reports No
    Top Picks Yes
    Daily Market Review No
    Monthly Reports No
    Weekly Reports No
    Offline Advisory No
    Robo Advisory No
    Relationship Manager No

    Fortune Trading Exposure or Leverage

    The broking company provides upto 15x exposure to their clients. Exposure varies on various parameters

    • Clients Holdings (Trader client or high value client gets high exposure)
    • Clients History (old client gets high leverage)
    • Type of investment (Equity, Derivatives, Currency, Commodity)
    • Company Scrip (High net worth company has high exposure scrip)
    Equity Delivery Zero
    Equity Intraday Upto 15x
    Equity Futures Upto 15x
    Equity Options Zero
    Currency Futures Zero
    Currency Options Zero
    Commodities Upto 10x

    Find Exposure or Margin of other Stock Brokers

    Fortune Trading Trading Platforms

    The Discount broker provides trading platform for all types of devices & browsers, Let’s have a detailed review of the same.

    Features of Fortune Trading Platforms:

    Desktop Platform – Windows Yes
    Desktop Platform – Mac Yes
    Desktop Browser Platform Yes
    Mobile Site Platform Yes
    Android App Platform Yes
    iOS App Platform Yes
    Windows App Platform No
    Other Mobile OS Platform No
    Real time Updates Yes
    Portfolio Details Yes
    Online MF Buy No
    News Flash No
    Research Reports No
    Easy Installation No
    Global Indices No
    Stock Tips Yes
    Personalized Advisory Yes
    Interactive Charts Yes
    Live Markets Yes
    SMS Alerts Yes
    Email Alerts Yes
    Multi Account Management No

    To carry forward its credibility and momentum, Fortune Trading Corporation has availed three trading platforms in latest Web, mobile, and desktop version.

    Fortune Trading NEST Review: Desktop based Trading Terminal

    You can easily download and install this trading platform. It is used by many brokers through a license availed. By giving the information required, you can smoothly proceed with your trading. The features involved in this trading platform are given below:

    • Latest updates and multiple market watch
    • Nice user interface
    • Technical Charting feature
    • Personalization of themes is possible with alerts as per your choice
    • Order placement is possible even after market hours
    • Real-time execution
    • Quick analysis is possible

    Fortune Trading NSE NOW Review: Web based Trading Platform

    This web-based trading platform is accessible from any device like the laptop, desktop, mobile. It also enhances the good user interface. It holds automatic screen resolution adjusting feature as well.

    • Nice charting with many technical indicators.
    • You will get notifications and alerts related to latest changes.
    • Fund transfer is easy with this software.
    • Chart tools integrated to Chart toolbar.
    • Analyze trading opportunities by screening stocks from different sectors and indices.

    Fortune Trading Mobile App Review: Mobile App based Trading Platform

    The Mobile app provides fast trading opportunity. You can easily proceed with your trading objective on the go. The mobile app size is 42 MB.

    • It gives high degree of performance
    • It’s secure and has good analytics
    • Featured with notifications pop-up
    • Fast and reliable
    • Hassle free trade

    Fortune Trading Customer Support

    Here is the list of Support they provide to their client

    Dedicated Dealer Yes
    Offline Trading Yes
    Online Trading Yes
    24*7 Support Yes
    Support Number 044 45609696
    Email Support Yes
    Chat Support Yes
    Toll Free Number NA
    Branches Zero

    Fortune Trading Complaints & Feedback

    Here are the total number of complaints lodged & resolution status of Fortune Trading for the current year.

    Lodged in BSE 68
    Resolved in BSE 27
    Lodged in NSE 106
    Resolved in NSE 73

    The broking house complaint resolution time is very long, leads to low client satisfaction.

    NOTE* – Their TAT for resolving any kind of complaints are 30 days. This is not very good.

    Fortune Trading Benefits or Advantages

    • It holds good network in South India
    • Zero Account opening charges
    • User friendly trading platforms
    • Very competitive brokerage rate

    Fortune Trading Disadvantages

    • Average Customer support services
    • It’s not technically sound.
    • Low degree of performance

    Fortune Trading Branch Set-up

    The stock broker doesn’t support any kind of offline activity, hence, they don’t have any branch available across India. They are end to end Online Set-up.

    Fortune Trading Conclusion

    Among the Discount Broking house, Fortune Trading is growing at a very fast rate. Their client rating is also decent at 5.8 of 10. Our critical experience into stock broking suggests that go with Fortune Trading if you have a good trading knowledge. Since, they don’t have offline presence & their own advisory service, they are not good for Investors. Their advisory is entirely dependent on machine learning, so there is a big chance of goof-up for new investors.

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