TradeBulls Review, Brokerage Charges, Demat Account & more.
TradeBulls Securities is a widely known full service broker in Mumbai. The comprehensive trader was set up in the year 2009 and currently has over 1000 employees on its segments. Now, the broker has an occurrence in 18 places via its sub-brokers and franchise agencies.
This is a detailed review of Tradebulls Securities where we will know everything about their Brokerage Plans, Offers, Trading Platforms, Exposure, Products & more.
Tradebulls Customer Ratings & Review
|Tradebulls Ratings & Review|
|Research & Advisory||7.1/10|
|Brokerage Charges & Fees||7.6/10|
|Product & Services||7.8/10|
About Tradebulls Securities
|Broker Type||Full Service Broker|
Tradebulls has been all over the place since its inception in the year 2009 and has an active client foundation of 72,160. As much as the offline presence is considered, Tradebulls has its franchise agencies and sub-brokers in 12 main cities of the nation with 18 such divisions.
In this thorough analysis, we will discuss some of the nitty-gritty features about this trader plus with Tradebulls corporation models, associated costs, profits, eligibility measures, and other information.
In case you are seeking to establish share market sub-broker or franchise trade, at that point, this complete review on Tradebulls Franchise must be able to help you to decide it.
It incorporates memberships with NSE, BSE, MCX-SX, MSEI, NCDEX, and MCX and also enables customers to trade all over the following divisions:
Open Demat Account with Tradebulls Securities
Tradebulls Securities Brokerage Charges
Tradebulls is a comprehensive trader; till now the brokerage it charges is very low. Thus, it works it easily as well. For example, if you are trading in Equity Delivery sector and your complete transaction value is Rs.1,00,000 then you will be required to pay a brokerage of Rs.200 at 0.2%. Likewise, in other sectors, conforming brokerage fees will be considered.
Here are the Brokerage details:
|Equity Options||Rs 40 per lot|
|Currency Futures||Rs 20 per lot|
|Currency Options||Rs 20 per lot|
|Commodity||0.15% / Rs 50 per lot|
|Minimum Brokerage||Rs.30 per Trade|
|Demat A/C AMC Charges||Rs.550|
|Trading A/C AMC Charges||Free|
|Margin Money||Rs.0 – Rs.300,000|
Opening up a Trading Account with Trade Bulls is Free of charge; however a Demat Account opening could cost you about Rs. 550/-. Trade Bulls also requires a Margin Money from the traders as guarantee.
Tradebulls Brokerage Plans
|Equity Delivery Trading||0.30%||0.25%||0.15%||0.10%|
|Equity Intraday Trading||0.030%||0.025%||0.015%||0.010%|
|Commodity Options Trading||0.030%||0.025%||0.015%||0.010%|
|Equity Futures Trading||0.030%||0.025%||0.015%||0.010%|
|Equity Options Trading||Rs.80 per Lot||Rs.70 per Lot||Rs.60 per Lot||Rs.50 per Lot|
|Currency Futures Trading||0.030%||0.025%||0.015%||0.010%|
|Currency Options Trading||Rs.80 per Lot||Rs.70 per Lot||Rs.60 per Lot||Rs.50 per Lot|
|Minimum Brokerage||Rs.30 per Trade||Rs.30 per Trade||Rs.30 per Trade||Rs.30 per Trade|
|Account Opening Fees||Free or Rs.299||Free||Free||Free|
|Trading A/C AMC Charges||Free||Free||Free||Free|
TradeBulls offers four varied and distinct Brokerage plans to its traders and they can choose their plan as per their brokerage charge. Lite, Basic, Elite and Infinia are the names of the four plans.
They are based on a small principal – the more the Margin money, the lesser would be your Brokerage charge. The Margin Money starts from Zero and goes up to Rs.3 Lakh as well.
Tradebulls Other Charges
|SEBI Turnover Charges||0.00005% (Rs.5/Crore)|
|STT||Equity Delivery: 0.1% on both Buy and Sell|
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|Stamp Duty||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|GST||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Margin Funding Charges||NA|
|Reactivation Charges||Rs 75 per instruction|
|Account Closure Charges||NIL|
|Dematerialisation Charges||Rs 2 per certificate + Rs 20 per request In case of bulk, above 100 certificate Rs 5 & Actual Courier Charge|
|Pledge Creation||Rs 25 per transaction|
|Pledge Invocation||Rs 60 per Instruction|
|Margin Pledge/Unpledge/ Pledge closure||Rs 25 per transaction|
|Margin Repledge||Rs. 12.5 + Rs. 12.5 (Rs. 25 per scrip)|
Apart from the Brokerage Charges, there are a few other charges towards Transaction, SEBI Turnover charges, Stamp Duty and GST which are also charged during Trade. However, these are very minimal charges, which doesn’t really affect your Profit percentage or Return of Investment.
As like account associated payments and brokerage fees, the comprehensive stockbroker fees transaction fees available at cost-effective charges as well. There are some traders in India that take benefit of marketing low account opening or brokerage values and pay off by transaction charges to a certain level.
We should notify you that even though exposure or influence has all the perspective to convey profitable incomes, it is a chancy idea as well. Therefore, until you comprehend the consequences and risks of exposure, it’s best to evade using it.
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TradeBulls Demat Account Opening Fees
|Demat Account Opening Fees|
|Trading Charges [One Time]||Rs 0 (Free)|
|Trading AMC [Yearly]||Rs 0 (Free)|
|Demat Charges [One Time]||Rs 0 (Free)|
|Demat AMC [Yearly]||Rs 550|
|Margin Money||Rs.0 – Rs.300,000|
|Offline to Online||Yes|
You can obtain your trading and Demat account with this wide-ranging stockbroker Rs 550. In addition, the AMC fees are also quite minimal as shown below.
The Margin Money varies from Nothing to Rs.3 Lakh. Someone who pays greater margin money does not need to pay the Demat Account opening charges.
The Broking house also has Lifetime Free AMC, this can be availed by paying Rs.1500 Account Opening Fees.
TradeBulls Securities Offers
|Free Demat Account||Yes|
|Free Trading Account||Yes|
|Discount on Brokerage||Yes|
|Trading Happy Hours||No|
|Flexible Brokerage Plans||Yes|
|1 Month Brokerage Free||No|
|Zero Brokerage for Loss Making Trades||No|
List of Broking Offers provided by TradeBulls:
- Free Trading Account Opening
- 1 Lakh Brokerage Reversal
- Lifetime Free Trading Account without any AMC
- Demat Account opening also could be without any charge
- No AMC for Demat Account
- Discounted & Customizable brokerage offers available
- Immediate trading facility
- Online & Offline Trade options
- Trading Exposure upto 60x
How to Open a Demat Account with TradeBulls?
- To open up a Demat Account with TradeBulls, you can apply online on their website below
- Enter all your details accurately like Name, Date of Birth, Address, Contact details etc
- Upload all your KYC documents like PAN and Adhar Card, Address Proof, Age Proof, one Identity proof and photograph
- Once you have successfully submitted all your documents online, someone from the TradeBulls Sales team will contact you for verification purpose
- Once the Verification is done, Tradebulls Securities would get your Demat Account started within 1-2 hrs.
Why Open Tradebulls Trading Account?
A trading account is important to be able to Trade in the stock market. The Demat Account will only hold your shares safe, but you will need a Trading account to trade.
TradeBulls offers excellent Trading platforms to trade, hence making the overall experience hassle free and easy. The broking house provides whole bunch of products & services. They also provide some of the most lucrative offers in the industry like Rs.1 Lakh Brokerage Cashback.
Get a Call back from Tradebulls Securities
TradeBulls Products & Services:
Here are the list of Products provided by Tradebulls Securities
Products Offered by TradeBulls:
This wide-ranging broker offers an array of the following trading and investment products to its customers including Equity, Commodity, Currency, Derivatives, IPOs, Personal Loans, Insurance, Portfolio Management, and Mutual Funds.
Therefore, with these entire possibilities, customers do not need to open distinct accounts with other fiscal units.
With the help of Tradebulls, as the Tradebulls sub-broker and Tradebulls Franchise model means one and the similar thing. Both the expressions are therefore utilized interchangeably in this post.
TradeBulls Service Offerings:
|3 in 1 Acount||No|
|Trading Exposure||Upto 60x|
You will be provided with a dedicated RM or Relationship manager for all kinds of financial products provided for investment.
Before you start your processes, you and your team will be offered with an on the spot training where you will be described – how to exactly utilize the various trading platforms (comprising the terminal software), the back-office systems, how to deal with visiting clients and many more.
The broker organizes everyday meetings and seminars in major cities of the country and in case, there is one in your town, you will be provided the special entry to handle the visiting stockholders and hence, a great possibility to extend your client base.
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|Narnolia Securities||Alice Blue Online||Astha Trade||Choice Broking|
|Zerodha||Anand Rathi||BMA Wealth Creators||Geojit Finance|
TradeBulls Research, Advisory and Stock Tips
|Research, Advisory & Stock Tips|
|Company Stock Review||Yes|
|Free Stock Tips||Yes|
|Daily Market Review||Yes|
This comprehensive stockbroker offers in-depth research to its users at the following stages with the consistent frequency series:
- Day-to-day Research Reports
- Day-to-day Call Evaluation
- Weekly Research Reports
- Day-to-day Newsletter
TradeBulls Exposure or Leverage
|Exposure or Leverage|
|Equity Delivery||1x (no margin)|
|Equity Intraday||Up to 6x (based on the stock)|
|Equity Futures||Intraday – 1.2x, Carry forward – 1x of NRML margin (Span + Exposure)|
|Equity Options||Intraday – 1.2x, Carry forward – 1x of NRML margin (Span + Exposure)|
|Currency Futures||Intraday – 1.2x, Carry forward – 1x of NRML margin (Span + Exposure)|
|Currency Options||Intraday – 1.2x, Carry forward – 1x of NRML margin (Span + Exposure)|
|Commodities||Intraday – 1.2x, Carry forward – 1x of NRML margin (Span + Exposure)|
The Full Service Broker provides upto 6x leverage to its clients. They provide massive exposure for Intraday & Commodities.
Check Margin or Exposure of other stock brokers
|IDBI Direct||KIFS Trade Capital||Nirmal Bang||Prabhudas Lilladher|
|Jhaveri Securities||Mastertrust Capital||Groww||Profitmart|
|JM Financial||Monarch Networth Capital||Paytm Money||Reliance Securities|
Tradebulls Trading Platforms
Here are the thorough details on various trading platforms offered by Tradebulls 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||Yes|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Real time Updates||Yes|
|Online MF Buy||Yes|
|Multi Account Management||Yes|
TradeBulls Client is the all-inclusive web-based browser trading site where customers can register with valid username and password and then you can start trading.
You don’t have to download or even install any software in this and it can be accessed easily across all devices such as Mobile, Desktop, Laptop or tablet. It is packed with lots of features:
- Various windows in a single screen enable for fast investigation
- Lightweight and needs a basic internet connection
- Live market streaming
- In-depth research and recommendations provided
TradeBulls Assist is a kind of trading network-based software perfect fit for substantial brokers who are now looking to spend extended hours in trading. It is a high-performance place, which can be easily downloaded on the laptops and desktop.
Here are some of its key features:
- Best for traders seeking high speed and performance especially in order implementation
- Instantaneous quotes streaming available
- Customers are offered with views of various exchanges in a single screen
- Customers are allowed to transfer resources from various banks
Tradebulls Touch Mobile App
Tradebulls Touch is a great mobile app from the wide-ranging stockbroker. The app is graded at an average level and offers a mediocre performance to patrons.
Here are some of the unique features given by the mobile app:
- Track your trades and investments
- Check stock market details such as Index Watch, Global Watch, Metal Watch, News and Mutual Funds
- Set calls directly to your Relationship Manager
- Check reports such as Ledger, Holdings, Margin, Trade details, Derivatives, and Open Position.
- Send service requests
Tradebulls Customer Care
The broking company offers the following networks of communications to its users as given below:
Offline, branches, Phone, Email
|24*7 Support||No (8:30am – 8:30pm)|
|Toll Free Number||No|
With all access given to the customers, they can contact TradeBulls via any of the above mediums at anytime to get a resolution for their concern. The customer Service center is available between 8:30 am to 8:30pm.
Apart from this, customers have dedicated Relationship Manager at their service to help them whenever they are stuck or need any support. You can also drop in an email on their customer services email id for any assistance required.
Tradebulls has several branches all across the country, hence if anyone wants to visit any branch for quick resolution, which can also be done.
TradeBulls Complaints and Feedback
Find the list of complaint against Tradebulls Securities
|Complaints & Feedback|
|Lodged in BSE||168|
|Resolved in BSE||162|
|Lodged in NSE||203|
|Resolved in NSE||200|
“Tradebulls has achieved 60 grievances around 2018-19 with the grievance 0.06% with reverence to its active client base. The industry mediocre is only 0.02%. Therefore, the comprehensive stockbroker has to work in offering much superior service to its present client base and lessen the complaint percentage.”
TradeBulls Advantages and Disadvantages:
Below mentioned is the list of pros and cons of TradeBulls:
Pros of Tradebulls
Likewise, you will acquire these great benefits if you move forward and open an account with this comprehensive stockbroker:
- A broad range of trading and investment sectors for consumers
- In-house established trading platforms
- Cost-effective brokerage within comprehensive stockbroking space
Cons Of Tradebulls
Discuss some of the worries if you make use of this full-service trader for your stock market trading:
- Very low rating of mobile app inferring few performance worries with the app
- Be cautious about the hidden charges
- Average research quality across essential and technical stages
- Low-quality consumer service
Tradebulls Securities Conclusion
“Tradebulls in recent times developed wide-ranging stockbroker (the Year 2009) and is reasonable in nature. Be it account opening, maintenance, brokerage or transaction fees, the insurance broker charges very minimal fees. Therefore, if you are seeking out a cost-effective and comprehensive stockbroker, Tradebulls is undoubtedly the best option.
On the other hand, besides the cost, the broker does not really offer different values to its customers. Be it exposure, trading platforms, client service or research – the wide-ranging stockbroker flops to influence its client base and offers mediocre quality service across these aspects.”
Even though it is a wide-ranging trader, it’s not a long time from the time when its formation. The stockbroker is in a developing segment and needs to apply on various facets comprising the performance of trading platforms, accurateness of research and quality of consumer service.
Therefore, the stockbroker is definitely trustworthy but needs to work on its consistency amongst its client base.
Benefits of Tradebulls Franchise
Some of the major benefits of Tradebulls franchise comprise:
- Affordable profits sharing
- An on-demand payout is available on sub brokers request.
- Free research reports, tips and references provided by the broker.
- Day to day marketing campaigns and consistent collateral support offered by the broker in terms of glow signs, posters, and many more.
- Tradebulls team organizes Educational workshops, seminars, and workshops for clients and business partners.
Thus, Tradebulls helps to invest well and profitably in the stock markets.
Tradebulls Securities Review FAQs
Ques – Is Tradebulls Securities safe for trading?
Answer – Yes, there is no doubt regarding the reliability of this stock broking house in any terms as they have achieved many milestones in their successful years of working. They have expanded enough and have major client bases that rely on them.
Ques – What is the brokerage of Tradebulls Securities?
Answer – They provide ranging and also multiple brokerage plans, which is a great way for you to select the one which is the most suited option for you. You can refer to the article for the details information on all the brokerage rates.
Ques – How to open Tradebulls Securities demat online?
Answer – For the purpose of opening an account with Tradebulls Securities, you can click on the “Open Demat Account” button and then provide all the details as asked in the quick pop up form. The company will now get in touch with your for further KYC form filling.
Ques – Can I invest in IPO via Tradebulls Securities?
Answer – Yes, you sure can invest in IPO being a trader of Tradebulls. If you choose this stock broking house, as your financial advisor, you will be able to enjoy the IPO investment service as well. Well, keep the insights of application process.
Ques – What Leverage does Tradebulls Securities provide?
Answer – Availing for the leverage facility is possible with this stock broking house and they provide one of the highest rates on the market. The highest of leverage is provided for the intraday segment, which is as much as 60x. You can check the article for other exposure rates.
Ques – Does Tradebulls Securities have trading App?
Answer – Yes, a trading app is one of the many options online trading platforms as provided by this stock broking house. You can check the features of the app for a better idea regarding its performance and functioning, which is essential to keep track of.
Ques – How to contact Tradebulls Securities customer care?
Answer – They have some branches catered for the offline services, and if you find one near you, you may visit it regarding your query. Rest assured, you can opt to go for the email where, as they are very efficient regarding resolution via emails.
Ques – Does Tradebulls Securities provide Research?
Answer – Yes, this stock broking house has research and reports provision for the clients in general who need assistance regarding trading. They are very well organized with a team of experts who release daily research reports to help their clients make profitable investments.
Ques – Is Tradebulls Securities good for Beginners?
Answer – Yes, if you wish to begin your trading journey with Tradebulls Securities, it would be a wise decision. It is because the stock broking house provides research facilities. On the other hand, the stock broking firm has multiple brokerage plans, which lets you choose the most suitable one for you.
Ques – Who Founded Tradebulls Securities?
Answer – Tradebulls has been a part of the stock market since the year 2009. It was founded by Dinesh Thakkar and is now a leading financial firm of India. Dinesh Presently Holds the position of Chairman and Managing Director is the stock broking house.
Open Demat Account with Tradebulls
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