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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

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 ★★★☆☆
Total Client Reviews 355

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 Type Private
Broker Type Full Service Broker
Headquarters Pune, Maharashtra
Founder Sunil Sinha
Established Year 2011

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 Trading 0.16%
Equity Intraday Trading 0.02%
Commodity Options Trading NA
Equity Futures Trading 0.02%
Equity Options Trading Rs.16 per Lot
Currency Futures Trading 0.02%
Currency Options Trading Rs.10 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Rs.160 per Annum
Trading AMC Charges Rs.160 per Annum
Margin Money Zero Margin
Brokerage Calculator Lfs 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.


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LFS Broking Other Charges

Transaction Charges 0.00%
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 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 Source CDSL & NSDL
Account Opening Charges Free
Demat AMC Charges Rs.160 per Annum
Trading AMC Charges Rs.160 per Annum
Margin Money Zero Margin
Offline to Online Yes

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 Account Yes
Free Trading Account No
Discount on Brokerage Yes
Trading Happy Hours No
Flexible Brokerage Plans Yes
1 Month Brokerage Free No
Holiday Offers Yes
Referral Offers Yes
Zero Brokerage for Loss Making Trades No
  • 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 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 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 Trading Yes
Commodity Trading No
Currency Trading Yes
Options Yes
Futures Yes
Mutual Funds Yes
Forex No
Banking No
SIP Yes
Insurance Yes

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 Services Yes
Trading Services Yes
3 in 1 Account No
Intraday Services Yes
IPO Services Yes
Stock Recommendations Yes
Robo Advisory No
PMS No
Trading Institution No
Trading Exposure Upto 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 Reports No
Research Reports Yes
Company Reports No
Annual Reports No
Company Stock Review No
Free Stock Tips Yes
IPO Reports No
Top Picks No
Daily Market Review No
Monthly Reports No
Weekly Reports No
Offline Advisory Yes
Relationship Manager Yes

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 Delivery Upto 2X
Equity Intraday Upto 5X
Equity Futures Upto 2X
Equity Options Upto 5X
Currency Futures Upto 1X
Currency Options Upto 2X
Commodities Upto 3X
Margin Calculator Lfs 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

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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 – 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 Yes
News Flash Yes
Research Reports No
Easy Installation Yes
Global Indices Yes
Stock Tips No
Personalized Advisory No
Interactive Charts Yes
Live Markets Yes
SMS Alerts Yes
Email Alerts Yes
Multi Account Management No

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 Dealer Yes
Offline Trading Yes
Online Trading Yes
24*7 Support No
Email Support Yes
Chat Support No
Toll Free Number No
Branches 8

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 BSE 0
Resolved in BSE 0
Lodged in NSE 2
Resolved in NSE 2
Percentage of No. of Complaints Received Against Number of Active Clients 0.04

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

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