LFS Broking Review, Brokerage Charges, Demat Account, Platforms & more

LFS Broking is deemed to be one of the best financial services providers with customer centric approach. They are one of the most reputed brokerage houses in the country.

This broking company strongly believes in building relationship with sheer performance and trust.

Let us quickly glimpse on the detailed review of LFS Broking. Here you will get to have an end to end knowledge about their Trading Platforms, Offers, Exposure, Products, Brokerage Plans & more.

LFS Broking offers


LFS Broking Customer Ratings & Review

Experience2.9/5
Products & Services3.4/5
Brokerage Charges & Fees3.1/5
Stock Research & Advisory3.3/5
Trading Platforms2.9/5
Overall Ratings3.2/5
Star Ratings★★★☆☆
Total Client Reviews355

The above results clarifies that LFS Broking have done a marvellous job. Their ratings are above 2.9/5 in all the categories. It is indeed a great achievement.

Their performance is speaking for them and you can be rest assured that this broker will surely help you to sparkle up the deals smartly with your investments.


About LFS Broking

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersPune, Maharashtra
FounderSunil Sinha
Established Year2011

LFS Broking

The foundation of this Private Company was laid by Mr. Sunil Sinha in the year 2011. The head office of this Full Service Broker is in Pune, Maharashtra.

LFS Broking is a full service broking house & have both CDSL & NSDL as depository participant.


Open Demat Account with LFS Broking

Fill Your Details Here
  1. Open Demat Account

LFS Broking Brokerage Charges

LFS Broking is a very apparent name among the brokers in the industry. Their brokerage charges are suitably affordable for one and all. Here below are the details of their Brokerage charges for your perusal:

Equity Delivery Trading0.16%
Equity Intraday Trading0.02%
Commodity Options TradingNA
Equity Futures Trading0.02%
Equity Options TradingRs.16 per Lot
Currency Futures Trading0.02%
Currency Options TradingRs.10 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesRs.160 per Annum
Trading AMC ChargesRs.160 per Annum
Margin MoneyZero Margin
Brokerage CalculatorLfs Broking Brokerage Calculator

For trading equity delivery segment with LFS Broking you need to pay a brokerage of 0.16%. The brokerage for equity futures and also for currency futures is 0.02%. It is same for the equity intraday segment.

For the equity options the charges for each lot is RS.16 and that is for the currency options it is Rs.10 per lot.

The brokerage charges are extremely nominal as you can see and thus it is very pocket friendly for the investors.


Find Brokerage Charges of other Brokers

SBICap SecuritiesAditya Birla MoneyAsit C Mehta InvestmentBonanza Portfolio
5PaisaAlice Blue OnlineAstha TradeChoice Broking
ZerodhaAnand RathiBMA Wealth CreatorsGeojit Finance

LFS Broking Other Charges

Transaction Charges0.00%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

The government has imposed a few set of charges that are compulsorily required to be paid while doing any transaction. These fixed charges include – STT, SEBI Turnover, Stamp Duty and GST.

There is a fixed percentage allotted by the government to each of these charges in their guidelines. One does not have the liberty to bargain for any of these charges.

Please note you will have to pay 0.00313% as the Transaction charge to this Broker.


 

FS Broking Demat Account Opening Fees

Depository SourceCDSL & NSDL
Account Opening ChargesFree
Demat AMC ChargesRs.160 per Annum
Trading AMC ChargesRs.160 per Annum
Margin MoneyZero Margin
Offline to OnlineYes

One can open a Trading Account and a Demat Account with LFS Broking for free. For maintaining the same one has to pay only Rs. 160 per annum for each account respectively. The Margin Money that needs to be paid to them is Zero.

Here as well, the charges are very reasonable and there is no mandatory margin money requirement which encourages the new traders with small capital to invest with this broker.


LFS Broking Offers

Free Demat AccountYes
Free Trading AccountNo
Discount on BrokerageYes
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeNo
Holiday OffersYes
Referral OffersYes
Zero Brokerage for Loss Making TradesNo
  • This broker grants the facility of opening a free Trading account and a free Demat Account to their investors.
  • The clients can also avail the benefits of Discount on Brokerage as there are various discounts offers from time to time by this broker
  • Flexible Brokerage Plans is offered by this firm
  • Holiday Offers and Referral Offers are also offered by this Full Service Broker.

To know about offers of other stock brokers check below

Integrated EnterprisesKaruna FinanceMangal Keshav SecuritiesHEM Securities
Intime EquitiesKaynet FinanceMansukh SecuritiesHSE Securities
Inventure GrowthKhandwala SecuritiesManubhai MangaldasIFCI Financial

How to Open a Demat Account with LFS Broking?

Opening a Demat Account with LFS Broking is very effortless. The account can be opened by visiting any one of their nearby branch office or by doing an online requisition.

For online application you need to –

  • Click on the green button that say “Open Demat Account” below.
  • Fill the form that pops-up. At the time of filling up the form, be doubly sure that you are entering all your details like Name, Mobile no. & city correctly.
  • You will receive a call from the broker for appointment fixing with the relationship manager.
  • Provide all documents which include the PAN, AAHDAAR, your address proof and the voter id for identification purpose to the representative. You also have to attach or upload your passport size photo.
  • Once your application and documents are signed, they will be verified by the broking house.
  • Post verification, your Demat Account will get activated with LFS Broking in within a short span of time about 1-2 hrs post the verification process.

Why Open LFS Broking Trading Account?

LFS Broking enables you to choose from their infinite numbers of offers that are quickly adaptable and offers various benefits to the clients for a great trading experience.

The major benefits of trading with this stock brokerage house are below –

  • This brokerage company has a very good understanding of the business drivers.
  • They offer advanced trading platforms and keep them updated all the time with the new technology updates so the clients best trading experience.
  • Offers variety of products and services
  • They work towards identifying, structuring and implementing unique investment strategies.
  • Structuring Product Innovations is the key to their success.
  • This broker does an in depth understanding of the scope of customer’s investment objectives and thereafter finds appropriate solutions for them to identify the needs.
  • They emphasise on Customer Oriented Offerings for the clients.
  • They engage very deeply with the customers to understand their financial appetite.
  • The team also endeavours towards deep market penetration for their investors.

Get a Call back from LFS Broking

Fill Your Details Here
  1. Open Demat Account

LFS Broking Products & Services

Here is the list of Products & Services offered by LFS Broking –

Products Offered by LFS Broking

Equity TradingYes
Commodity TradingNo
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsYes
ForexNo
BankingNo
SIPYes
InsuranceYes

The products which are enlisted above as you can see from equities to the currencies are all offered by this broker to its clients for trading.

One really do not need to seek any other broker from trading other asset classes when he or she is associated with LFS Broking.

The range of products do not end on stock market products, it also includes SIP and mutual fund investment products as well.

LFS Broking Service Offerings

Demat ServicesYes
Trading ServicesYes
3 in 1 AccountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsYes
Robo AdvisoryNo
PMSNo
Trading InstitutionNo
Trading ExposureUpto 5X

If you are trading with LFS Broking house then you can expect a great Demat and trading services. They are the depository participant of the CDSL as well on NSDL.

They provide intraday trading facility and also helps in IPO trading. If you are keep in tracking market then you can also rely on the stock recommendations provided by this broker.


 

LFS Broking Research, Advisory and Stock Tips

Fundamental ReportsNo
Research ReportsYes
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsNo
Top PicksNo
Daily Market ReviewNo
Monthly ReportsNo
Weekly ReportsNo
Offline AdvisoryYes
Relationship ManagerYes

You can get the benefits of Research Reports, Free stock Tips, Offline Advisory and the services of a Relationship Manager from this Full Service Stockbroker.


LFS Broking Exposure or Leverage

Equity DeliveryUpto 2X
Equity IntradayUpto 5X
Equity FuturesUpto 2X
Equity OptionsUpto 5X
Currency FuturesUpto 1X
Currency OptionsUpto 2X
CommoditiesUpto 3X
Margin CalculatorLfs Broking Margin Calculator

LFS Broking provides leverage up to 5 times to its clients and investors for the equity intraday segment and equity options segments.

For the segments – equity delivery, equity futures and currency options the exposure you can get is up to 2 times and 3 times on the commodities trading and only one time for the currency futures segment.

As you can see the exposure provided here is pretty low and thus if you are having low capital and want to trade on large portfolios then this broker might not suit your requirement.


Find Exposure or Margin of other Stock Brokers

ISE SecuritiesLakshmishree InvestmentMarfatia Stock BrokingIndbank Online
JK SecuritiesLFS BrokingIndianivesh SecuritiesIndia Advantage
Joindre CapitalLKP SecuritiesMaverick Brokers

LFS Broking Trading Platforms

You can seek every single detail about the different types of trading platforms offered by LFS Broking to its consumers from the table below

Desktop Platform – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformYes
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyYes
News FlashYes
Research ReportsNo
Easy InstallationYes
Global IndicesYes
Stock TipsNo
Personalized AdvisoryNo
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

LFS Broking Trading Terminal

LFS Broking has their trading platform for the clients which is accessible from the desktop and laptop which has Windows and MAC operating system.

The features of this platforms are –

  • Quick and smooth trading which helps in capturing the price you want to trade upon
  • Real time updates always available on the screen
  • You can customize your own market watch data, add and remove scrips as you want and require from time to time
  • Easy to install and take less time and very user-friendly

LFS Broking Web-based Trading Platform

This platform is one of the most easy to use platform. As this is an online plat-form which you can access from any browsers you can trade on it anytime.

The features which this platform has –

  • Technical indicators for technical analysis of the market – you can do your own analysis with these tools
  • Market watch with your portfolio which you can add and also track the stocks which you want to invest into
  • You can buy mutual funds using this platform
  • There is new flash, live market options

LFS Broking Mobile Trading App

If you want to keep a check on the stocks and you’re your portfolio all the time wherever you go and whatever you do, then LFS Broking mobile platform suits your requirement the best.

  • Exceptional speedy trading you can witness
  • Help you monitor global indices
  • Market watch and live market is available a click away
  • Set alerts for trading updates and market movements.

LFS Broking Customer Care

This broking company offers the following networks of communications to its users

Dedicated DealerYes
Offline TradingYes
Online TradingYes
24*7 SupportNo
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches8

You can get support from the customer care of LFS Broking for all your queries related to online and offline broking at the same time. One can raise your query through a mail or by visiting their branches.

You will get to see several branches of LFS Broking that are spread in major parts of the country. They have in all 8 branches for the ease of their customers.


LFS Broking Complaints and Feedback

At times there are a few set of complaints that have been raised against LFS Broking. Check the list of these complaints from the table below

Lodged in BSE0
Resolved in BSE0
Lodged in NSE2
Resolved in NSE2
Percentage of No. of Complaints Received Against Number of Active Clients0.04

In the year 2018-19 not even a single complaint was lodged against LFS Broking in BSE.

However Only 2 complaints were lodged against them in NSE and the same have resolved with immediate effect. Their percentage of number of grievances is 0.04% with reverence to their active client base.


LFS Broking Disadvantages

The cons that the company has are –

  • No happy trading hours offered
  • There is no customer support for 24 hours.

LFS Broking Conclusion

LFS Broking has created a niche for itself. They provide innovative solutions to the clients.

This young company has a vibrant team of young, proficient and dedicated professionals who strive hard to provide the best services to their customers.

Get your investments to scale the heights of success with the help of the young and expert team of LFS Broking.


Open Demat Account with LFS Broking

Fill Your Details Here
  1. Open Demat Account

Find Reviews of other Stock Brokers

Just TradeLSE SecuritiesFyersIndira Securities
Kalpataru MultiplierMaheshwari FinancialElite WealthInditrade Capital
Kantilal Chhaganlal SecuritiesMandot SecuritiesFinvasiaIndus Portfolio

Most Read Articles

Best Discount Broker in India
Best Full Service Broker in India
Top 10 Stock Broker in India
Best Intraday Trading Brokers in India
Best Demat Account
Brokerage Calculator
Top 10 Sub Broker Partner in India
Sub Broker Franchise
Everything on Trading Platforms

90% Brokerage Discount Offer

Leave a Reply

Your email address will not be published. Required fields are marked *

Get 90% Discount on Brokerage Now! Open Demat Account
×

Share your details & Become Sub Broker Now!

  1. Become Sub Broker

Offer valid for limited time.

×

Share your details & Open Demat A/C Now!

  1. Open Demat Account

Offer valid for limited time.

×

Share your details & Get IPO Allotment Now!

  1. Invest in IPO

Offer valid for limited time.

×

Share your details & Invest in PMS Now!

  1. Invest in PMS / PCG

Offer valid for limited time.