ISE Securities Review, Brokerage Charges, Demat Account & more
Last Updated Date: Dec 01, 2022ISE Securities & Services Limited, is a completely owned auxiliary organization of Inter-connected Stock Exchange of India Ltd. (ISE).
In this article, we will be laying down emphasis on ISE Securities review in terms of products and services, brokerage and other charges, permanent or occasional offers, ease of using their platforms and also the effectiveness of the firm as a whole.
In short we will analyze if the firm can be relied upon for the traders.
ISE Securities Ratings & Review by Top10StockBroker
Experience | 2.9/5 |
Products & Services | 3.4/5 |
Brokerage Charges & Fees | 3.1/5 |
Stock Research & Advisory | 3.3/5 |
Trading Platforms | 2.9/5 |
Overall Ratings | 3.2/5 |
Star Ratings | ★★★☆☆ |
About ISE Securities
Company Type | Public |
Broker Type | Full Service Broker |
Headquarters | Mumbai, Maharashtra |
Founder | K. M. Sivaraman |
Established Year | 2000 |
Founded by Mr. K.M. Sivaraman and having its headquarters in Mumbai, Maharashtra, ISE has been legitimately registered by SEBI as a Trading-cum-Clearing Member for the Capital Market segment and Futures & Options segment of the NSE as well as for the Capital Market segment of the BSE.
The firm enables it’s registered traders to fully access NSE and BSE by registering themselves with SEBI as sub-brokers of ISS, thereby providing them with a roster of cost-effective and efficient trading and settlement services in securities.
Open Demat Account with ISE Securities
ISE Securities Brokerage Charges
Equity Delivery Trading | 0.19% |
Equity Intraday Trading | 0.02% |
Commodity Options Trading | NA |
Equity Futures Trading | 0.02% |
Equity Options Trading | Rs.19 per Lot |
Currency Futures Trading | 0.02% |
Currency Options Trading | Rs.19 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.239 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.1,000 |
Brokerage Calculator | ISE Securities Brokerage Calculator |
As clear from the table above, ISE Securities charges are levied on the overall transaction value for provision of all of its services in accordance to the standard market rates, if not less.
It specifically seeks a charge of 0.19% on equity delivery trading, 0.02% on equity intraday trading, equity options trading and currency futures trading. It also provides services related to equity options trading and currency options trading at Rs.19 per lot.
Furthermore, the annual maintenance charges for having a Demat account with ISE is only Rs.239 per annum, while the annual maintenance charges for trading with ISE Securities brokerage is completely free. However, traders are only allowed to trade under ISE with a minimum margin value of Rs.1,000.
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ISE Securities Other Charges
Transaction Charges | 0.00287% |
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) |
The aforementioned table describes the list of the charges that are imposed upon the traders by ISE Securities other than the brokerage fees.
The list includes a charge of 0.00287% on overall transaction, 0.0126% of the total turnover in the form of Securities Transaction Tax or STT, 0.0002% of the total turnover in the form of SEBI turnover charges 18% GST cumulatively on the sum of the brokerage and transaction charges and a minimal stamp duty varying in accordance to the states.
Apart from the GST, all the other charges imposed upon the traders by ISE Securities is minimalistic and does not have a huge impact on the overall investment capital or gain value.
ISE Securities Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.199 |
Demat AMC Charges | Rs.239 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.1,000 |
Offline to Online | Yes |
Being an extensive conciliator, they are open to all and you can easily register yourself as a trader by opening an ISE Securities Demat Account with them by depositing the applicable fees through Central Depository Services Limited (CDSL) or National Securities Depository Limited (NSDL).
The charges for opening a Demat account with ISE is Rs.199, with an annual maintenance charge of Rs.239 per annum. There is, however, no charge applicable for allowance of trading annually.
Nonetheless, the firm requires its traders to have a minimum margin money of Rs.1,000.
ISE Securities Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | No |
1 Month Brokerage Free | No |
Holiday Offers | Yes |
Referral Offers | Yes |
Zero Brokerage for Loss Making Trades | No |
As clearly mentioned in the table above, ISE Securities offers free trading accounts, discounts on brokerage, holiday offers, and referral offers.
However, they do not provide any free Demat accounts, happy trading hours, a flexible brokerage plan or one month of free brokerage.
To know about offers of other stock brokers check below
How to Open a Demat Account with ISE Securities?
Opening an ISE Securities Demat account is rather easy. This is all you need to do:-
- Click on the green button below that states ‘Open Demat Account’.
- Read thoroughly and fill up the lead form that opens up as soon as click on the button.
- You will require Aadhar Card, PAN Card, Age Proof, Identity Proof, Address Proof and one photograph in order to complete the KYC procedure.
- Once you upload all the KYC documents on to their website, the concerned person from ISE will contact you for further verification.
- After the verification is complete, you will authorized to operate your Demat account in a few hours.
Why Open ISE Securities Trading Account?
Apart from the fact that having a Demat and trading account is absolutely mandatory for anyone to be able to trade independently, the reasons you should open up a Demat and Trading Account with ISE are:-
- They have fully functioning offices in eighty different locations throughout the country.
- Their proactive customer care support is dedicated to provide you with a satisfactory experience.
Get a Call back from ISE Securities
ISE Securities Products & Services:
Here are the list of Products & Services provided by ISE Securities
Products Offered by ISE Securities:
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | Yes |
Insurance | No |
ISE Securities products are actively composed of support for Equity Trading, Commodity Trading, Currency Trading, Options Trading, Futures Trading, Mutual Funds and Systematic Investment Plans.
Nevertheless, they do not offer any services related to Forex Trading, Banking or Insurances.
ISE 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 |
As must be clear from the table above, ISE Securities services consists of Demat Services, Trading Services, Intraday Services, IPO Services and also upto 6X Trading Exposure.
However, the firm does not have any provisions for a 3 in 1 Account, Robo Advisory, PMS or Trading Institution.
ISE Securities Research, Advisory and Stock Tips
Fundamental Reports | Yes |
Research Reports | Yes |
Company Reports | Yes |
Annual Reports | Yes |
Company Stock Review | Yes |
Free Stock Tips | Yes |
IPO Reports | Yes |
Top Picks | No |
Daily Market Review | No |
Monthly Reports | No |
Weekly Reports | No |
Offline Advisory | Yes |
Relationship Manager | Yes |
As the table mentioned above, ISE Securities actively provides Fundamental Reports, Research Reports, Company Reports, Annual Reports, Company Stock Overview, Free Stock Tips, IPO Reports, Offline Advisory and a Relationship Manager.
However, they do not provide any Top Picks, Daily Market Review, Monthly or Weekly Reports.
ISE Securities Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 6X |
Equity Futures | Upto 3X |
Equity Options | Upto 6X |
Currency Futures | Upto 2X |
Currency Options | Upto 3X |
Commodities | Upto 2X |
Margin Calculator | ISE Securities Margin Calculator |
As must be clear from the aforementioned table ISE Securities provides upto 2X exposure on Equity Delivery, Currency Futures and Commodities, upto 6X exposure on Equity Intraday and Equity Options and upto 3X exposure on Equity Futures and Currency Options.
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ISE Securities Trading Platforms
Here are the thorough details on various trading platforms offered by ISE Securities to its consumers. All the platforms have been established in-house and always get progressed on an unremitting basis.
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
Mobile Site Platform | No |
Android App Platform | No |
iOS App Platform | No |
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 | Yes |
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 |
Running for almost two decades in across eighty locations, ISE Securities has deservingly gained a great reputation as a trading firm throughout the nation.
Apart from the physical locations, there are a few ISE Securities Trading platforms to help the ease of trading for its registered traders:-
ISE Securities Trading Terminal
ISE does not have a dedicated trading software and uses the NSE based terminal trading software NEST. NEST is developed on a Dot Net Framework which is compatible for Windows 7, 8 and 10 respectively.
Known as one of the most stable trading platforms, specifically for the Indian stock broking space, it enables the traders to:-
- Run real time data and also export it to Excel.
- Add multiple watch lists alongside the option add multiple trading items to the same list.
- Add different market watch lists to groups in order to segregate the entire monitoring process.
- Perform numerous technical as well as fundamental analysis with the help of integrated charting functionality.
- Take a quick look on the details of the placed orders, both in terms of buying and selling, through ‘Orderbook’.
- Invoke the ‘Net Positions’ window to take a complete snapshot of a particular user’s market position across various indices and exchanges.
- Have a view of the top ten bids and ask along with the quantity as well as the price of the stocks with the ‘Combined Market Feature’.
ISE Securities Web Browser Trading Platform:
ISE uses NOW to provide the traders with a hassle free on the go experience in the form of a browser based trading platform.
It boasts almost all the features exhibited by a traditional non-browser based trading platform along with a few addons such as easy to use interface, customization market watch functionality, positions watch, market mover trends and interactive charts for user analysis.
ISE Securities Mobile Trading App
The broking house does not provide Mobile App as of now to its clients.
ISE Securities Customer Care
Dedicated Dealer | No |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No |
Support Number | |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches |
ISE has a humongous network across eighty different locations throughout the nation and two hundred and eighty three branches.
Nonetheless, the ISE Securities customer care support can be better, as they only provide Offline Trading, Online Trading and Email Support.
ISE Securities Complaints and Feedback
Find the list of complaint against ISE Securities
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 6 |
Resolved in NSE | 6 |
Ass the aforementioned table states, ISE Securities has been able to function flawlessly in the BSE last year, serving its clients with utmost precision and satisfaction.
However, there were six complaints that were logged against it within the NSE. Nonetheless, all of these complaints were resolved with immediacy.
ISE Securities Advantages and Disadvantages:
Below mentioned is the list of pros and cons of ISE Securities:
Pros of ISE Securities
Likewise, you will acquire these great benefits if you move forward and open an account with this comprehensive stockbroker:
Cons of ISE Securities
Discuss some of the worries if you make use of this full-service trader for your stock market trading. Although a reputed firm in the flied of Demat and Trading, ISE still has some flaws that you must keep an eye for:-
- It does not have any mobile app for its trades, which makes operation on the go impossible for the traders.
- For a trading frim across eighty locations, it does not provide any personalized support to its traders.
ISE Securities Conclusion
ISE Securities has been actively providing services related to Demat and Trading for the past eighteen years and have been well acclaimed by the traders throughout the nation.
So, if you belong to a comparatively smaller town or city of India and still want to try out your hand in Trading, ISE can be a good and a cost effective choice for you. Nonetheless, do not expect to receive any personalized advantages or tips.
Open Demat Account with ISE Securities
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