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 Customer Ratings & Review

Fortune Trading Customer Ratings & Review

About Fortune Trading

Company TypePublic
Broker TypeDiscount Broker
FounderMr. K. Narayana Moorthy
Established Year2004

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.

Get a Call back from Fortune Trading

    Fill Your Details Here

    Fortune Trading Brokerage Charges

    Equity Delivery TradingRs.20 per order
    Equity Intraday TradingRs.20 per order
    Commodity Trading0.1% of trade value
    Equity Futures TradingRs.20 per order
    Equity Options TradingRs.20 per order
    Currency Futures TradingRs.20 per order
    Currency Options TradingRs.20 per order
    Minimum BrokerageRs.20
    Demat AMC ChargesFree Lifetime
    Trading AMC ChargesZero
    Margin MoneyZero
    • 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 Charges0.0019% of Total Turnover
    STT0.01% of Total Turnover
    SEBI Turnover Charges0.0002% of Total Turnover
    Stamp DutyDepends on State (very minimal)
    GST18% 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 SourceCDSL
    Account Opening ChargesRs.525
    Demat AMC ChargesFree
    Trading AMC ChargesFree
    Margin MoneyZero
    Offline to OnlineYes

    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 MoneyYes
    Free Demat AccountNo
    Free Trading AccountNo
    Discount on BrokerageYes
    Trading Happy HoursNo
    Flexible Brokerage PlansYes
    1 Month Brokerage FreeNo
    Holiday OffersNo
    Referral OffersYes
    Zero Brokerage for Loss Making TradesNo

    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 TradingYes
    Commodity TradingYes
    Currency TradingYes
    Mutual FundsNo

    List of Products offered are:

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

    Fortune Trading Services

    Demat ServicesYes
    Trading ServicesYes
    3 in 1 AcountNo
    Intraday ServicesYes
    IPO ServicesNo
    Stock RecommendationsNo
    Robo AdvisoryNo
    Trading InstitutionNo
    Trading ExposureUpto 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 ReportsNo
    Research ReportsNo
    Company ReportsNo
    Annual ReportsNo
    Company Stock ReviewNo
    Free Stock TipsNo
    IPO ReportsNo
    Top PicksYes
    Daily Market ReviewNo
    Monthly ReportsNo
    Weekly ReportsNo
    Offline AdvisoryNo
    Robo AdvisoryNo
    Relationship ManagerNo

    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 DeliveryZero
    Equity IntradayUpto 15x
    Equity FuturesUpto 15x
    Equity OptionsZero
    Currency FuturesZero
    Currency OptionsZero
    CommoditiesUpto 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 – WindowsYes
    Desktop Platform – MacYes
    Desktop Browser PlatformYes
    Mobile Site PlatformYes
    Android App PlatformYes
    iOS App PlatformYes
    Windows App PlatformNo
    Other Mobile OS PlatformNo
    Real time UpdatesYes
    Portfolio DetailsYes
    Online MF BuyNo
    News FlashNo
    Research ReportsNo
    Easy InstallationNo
    Global IndicesNo
    Stock TipsYes
    Personalized AdvisoryYes
    Interactive ChartsYes
    Live MarketsYes
    SMS AlertsYes
    Email AlertsYes
    Multi Account ManagementNo

    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 DealerYes
    Offline TradingYes
    Online TradingYes
    24*7 SupportYes
    Support Number044 45609696
    Email SupportYes
    Chat SupportYes
    Toll Free NumberNA

    Fortune Trading Complaints & Feedback

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

    Lodged in BSE68
    Resolved in BSE27
    Lodged in NSE106
    Resolved in NSE73

    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.

    Get a Call back from Fortune Trading

      Fill Your Details Here

      Find Reviews of other Stock Brokers

      Most Read Articles

      90% Brokerage Discount Offer

      Get 90% Discount on Brokerage Now! Open Demat Account