Greenbucks Securities Review, Brokerage Charges, Demat Account & more

Greenbucks Securities embarked on its journey from the year 2007 and since then it is servicing the investors with complete dedication and with different services and products at an affordable rate.

This article will eventually talk about the various aspects of Greenbucks Securities from its brokerage charges to the products and services.

This is a Greenbucks Securities brokerage review that has not only the company’s best aspects written in it but also the cons of the company have been discussed in the later sections.

So, if you want to know about Greenbucks Securities in details, you must continue reading.

Greenbucks Securities offers


Greenbucks Securities Customer Ratings & Review

Experience 3.4/5
Products & Services 3.1/5
Brokerage Charges & Fees 3.3/5
Stock Research & Advisory 3.0/5
Trading Platforms 3.2/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆
Total Client Reviews 256

 


About Greenbucks Securities

Company Type Private
Broker Type Full Service Broker
Headquarters Pitampura, Delhi
Founder Uday S Singh
Established Year 2007

Greenbucks Securities

A privately held company that came into existence in the year 2007 as a full-service broker.

The company was formed by Mr. Uday S Singh which is having headquarter in the capital city of the country that is Delhi, at Pitampura.

The company has been a member of various recognized and nationalizes stock and commodities exchanges.


Open Demat Account with Greenbucks Securities

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  1. Open Demat Account

Greenbucks Securities Brokerage Charges

Equity Delivery Trading 0.15%
Equity Intraday Trading 0.02%
Commodity Options Trading 0.02%
Equity Futures Trading 0.02%
Equity Options Trading Rs.15 per Lot
Currency Futures Trading 0.02%
Currency Options Trading Rs.10 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Free
Trading AMC Charges Free
Margin Money Minimum Rs.10,000
Brokerage Calculator Greenbucks Securities Brokerage Calculator

The brokerage charges of Greenbucks Securities is different for different asset classes.

It is 0.15% for the equity delivery transactions while the rate is 0.02% for the equity intraday, currency and equity futures, and the commodities as well.

The brokerage rate for the options segment is also different for the equity options which is Rs. 15 per lot and for the currency options it is Rs. 10 per lot.


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Greenbucks Securities Other Charges

Transaction Charges 0.00255%
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)

There are few other charges which are levied in the transactions like STT of 0.0126% which is a mandatory charge as per government regulations along with the SEBI Turnover charges of 0.0002% and both these charges are calculated on the total turnover.

There are also transaction charges charged at 0.00255% and GST is applicable on the sum of brokerage and transaction cost. Finally, the stamp duty needs to be paid as per the stamp duty charges of the state.


 

Greenbucks Securities Demat Account Opening Fees

Depository Source CDSL & NSDL
Account Opening Charges Rs.300
Demat AMC Charges Free
Trading AMC Charges Free
Margin Money Minimum Rs.10,000
Offline to Online Yes

Greenbucks Securities Demat account opening charges are Rs.300 which is a onetime fee and apart from this fee there is no annual maintenance fee that the trader or the investor has to pay.

As you can see in the table above, there is no AMC for both Demat and trading account and this makes the investors quite happy.

However, the margin money requirement is there and the minimum margin money that has to be kept is Rs.10000.


Greenbucks Securities Offers

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

The various offers of Greenbucks Securities –

  • You can refer and earn extra money with Greenbucks Securities
  • The investors can be entitled to receive a discount on their brokerage charges
  • There are no maintenance charges of Demat and Trading account.

To know about offers of other stock brokers check below

Integrated Enterprises Karuna Finance Mangal Keshav Securities HEM Securities
Intime Equities Kaynet Finance Mansukh Securities HSE Securities
Inventure Growth Khandwala Securities Manubhai Mangaldas IFCI Financial

How to Open a Demat Account with Greenbucks Securities?

To open an account with Greenbucks Securities, you need to –

  • Fill the Demat account opening application form by clicking on green Open Demat Account buttonn below. Fill the form and submit.
  • Once your form is received and reviewed at Greenbucks Securities office by the executives, they will call you to schedule a meeting.
  • In the meeting, they will take your KYC documents like PAN, Address proof, AADHAAR, Voter Id, etc.
  • They will verify all these documents and your other financial aspects and once your application gets approved after thorough verification, you will be assigned with your login credentials of the account. Then you can trade as you want.

Why Open Greenbucks Securities Trading Account?

Greenbucks Securities provides enough reason to open trading account and trade with them and some of the main reasons are –

  • There are no annual maintenance fees that the clients have to pay
  • The company offers a wide range of products and services pertaining to the different segments of the market
  • They also have a variety of services to offer to the clients
  • They have different types of trading platforms to suit the need of different clients
  • The brokerage charges are lower than most of its peers in the market

Get a Call back from Greenbucks Securities

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  1. Open Demat Account

Greenbucks Securities Products & Services:

Here are the list of Products & Services provided by Greenbucks Securities-

Products Offered by Greenbucks Securities:

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

The Greenbucks Securities products list not only includes the usual stock market instruments like the equity, commodities, currencies, and derivatives instruments but also includes the investment vehicles like Mutual funds which include both SIP and Lump sum funds.

The company also sells insurance products of different types.

Greenbucks Securities Service Offerings:

Demat Services Yes
Trading Services Yes
3 in 1 Acount No
Intraday Services Yes
IPO Services Yes
Stock Recommendations Yes
Robo Advisory No
PMS No
Trading Institution No
Trading Exposure Upto 6X

Greenbucks Securities services include stock recommendations, IPO services, Demat and trading services is obviously there under the list of services which also includes intraday transaction facilities.

The company also provides different types of research and advisory services which will be discussed in the next section.


 

Greenbucks Securities Research, Advisory and Stock Tips

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

For the clients, Greenbucks Securities research team is always on their toes to provide information about the market. The clients get –

  • Free tips on a variety of stocks and the market instruments
  • There are reports which are circulated among the clients about the weekly, monthly performance of the stocks, companies and other instruments
  • A daily market review is provided by the research team to aid the trading process of the investors
  • Every day, the research team come up with the top performing stocks.

The advisory service of Greenbucks Securities includes a personal discussion with relationship manager about your financial goal and aspiration and accordingly formulating an investment plan.

You can also get offline advisory services apart from online services.


Greenbucks Securities Exposure or Leverage

Equity Delivery Upto 3X
Equity Intraday Upto 6X
Equity Futures Upto 3X
Equity Options Upto 6X
Currency Futures Upto 2X
Currency Options Upto 2X
Commodities Upto 2X
Margin Calculator Greenbucks Securities Margin Calculator

For the equity intraday segment, the Greenbucks Securities leverage level goes up to 6 times and it is the same for the equity options segments as well.

It is highly beneficial for the investors to get such a level of exposure from the company and it enables them to take much more risk and generate much more profits.

The leverage for equity delivery segment is also 3 times which is quite high compared to its peers and the same goes for the equity futures. For the rest of the segments, it is 2 times.


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Greenbucks Securities Trading Platforms

Greenbucks Securities trading platform includes all three different kinds of platforms that are present in the market as of now. All three are discussed below –

Desktop Platform – Windows Yes
Desktop Platform – Mac Yes
Desktop Browser Platform Yes
Mobile Site Platform No
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 Yes
Research Reports No
Easy Installation Yes
Global Indices Yes
Stock Tips Yes
Personalized Advisory No
Interactive Charts Yes
Live Markets Yes
SMS Alerts Yes
Email Alerts Yes
Multi Account Management No

Greenbucks Securities Trading Terminal

  • Trading terminal works on desktop or laptop which has Windows or Mac operating system.
  • It provides all the real-time updates of the market
  • Email and SMS alerts can be set for market updates and trade-related updates
  • Downloadable from the company’s site and the process of installation is quite easy

Greenbucks Securities Web-based Trading Platform

  • For this platform, you do not need to download any software, unlike the previous platform. On your desktop or laptop, you can just visit the site on the browser and trade.
  • This requires a stable internet connection
  • You can set your portfolio and track it
  • Various market indices are there on the site to follow and monitor the market movements
  • Easy to trade and helps in efficient trading and capturing great prices

Greenbucks Securities Mobile Trading App

  • This is an application based trading platform that works on Android or iOS.
  • You can set all the stocks you buy and sell that is your portfolio and track it whenever and anywhere you are with an internet
  • Track the live markets like never before on the screen of your smartphone
  • There is interactive chat facility as well to discuss your queries with the Greenbucks Securities executives.

Greenbucks Securities Customer Care

Dedicated Dealer No
Offline Trading Yes
Online Trading Yes
24*7 Support No
Support Number NA
Email Support Yes
Chat Support No
Toll Free Number No
Branches

There are more than 428 customer care centers of Greenbucks Securities which provide a solution for client’s various issues and problems.

They are active online and offline simultaneously and you can also mail them the problems and can expect a quick revert.


Greenbucks Securities Complaints and Feedback

Find the list of complaint against Greenbucks Securities:

Lodged in BSE 0
Resolved in BSE 0
Lodged in NSE 3
Resolved in NSE 3

Per the last year’s record, three complaints were lodged on NSE which were resolved in that year only. This shows the efficiency of the Greenbucks Securities team.


Greenbucks Securities Disadvantages:

Below mentioned is the list of cons of Greenbucks Securities:

Cons Of Greenbucks Securities

Discuss some of the worries if you make use of this full-service trader for your stock market trading:

  • The research team is yet to supply the annual reports
  • Offers provided are not that much benefit for most of the clients

Greenbucks Securities Conclusion

Greenbucks Securities is doing business with a lot of respect and dedication towards its clients.

Though there are a few aspects which they can work upon to better themselves, the overall performance of the company is notably good.


Open Demat Account with Greenbucks Securities

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