Vertex Securities Review, Brokerage Charges, Demat Account & moreLast Updated Date: Aug 30, 2023
Vertex Security widely known as a Vertex stock broking is the prominent and full-service stock brokerage company in India. It retains licensed membership of both BSE and NSE stock exchanges. It has more than 450 branches in India. This article will brief about Vertex Security reviews, Vertex Security Brokerage charges, and Fees, Vertex Security Offers, Vertex Security Products and its additional features.
Vertex Securities Ratings & Review by Top10StockBroker
|Products & Services||3.4/5|
|Brokerage Charges & Fees||3.3/5|
|Stock Research & Advisory||2.6/5|
About Vertex Securities
|Broker Type||Full Service Broker|
Vertex Security was incorporated on 15 September 1993 in Ernakulam, Kerela. It was incorporated as a private limited company but thereafter 2 years it has been reformed in Public Limited Company.
It manages to provide varous investment and trading products such as equity, commodity, currency, insurance, mutual funds, and various others. It provides a superior online trading platform with inbuilt innovative features for the customer’s comfort.
Vertex Securities Brokerage Charges
Here are the comprehensive details of Vertex Security brokerage charge for different trading segments.
|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||Rs.100 per Annum|
|Margin Money||Minimum Rs.7,000|
Vertex Security has distinct brokering charges for distinct trading sections. Brokering charges for various sections are given in percentages. Traders have to pay different brokering charges for different service as it depends on their transaction value.
The basic brokerage charge of equity intraday trading is 0.02.Hence if trader is trading with the trade value of Rs.50000 then he has to pay Rs.10 as a brokerage fees.
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Vertex Securities Other Charges
Here are the details of Vertex Security other Charges which the traders are compelled to pay.
|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)|
It is necessitated for the traders to pay various other charges along with the brokerage charges during their trading with Vertex Security.
Vertex Securities Demat Account Opening Fees
Here are the comprehensive details of Vertex Security Account Opening Fees.
|Depository Source||CDSL & NSDL|
|Account Opening Charges||Rs.500|
|Demat AMC Charges||Free|
|Trading AMC Charges||Rs.100 per Annum|
|Margin Money||Minimum Rs.7,000|
|Offline to Online||Yes|
It is necessitated for the traders to pay Rs.500 as Account opening charges and Trading Account Annual Maintenance Charge (AMC) of Rs.100 to the company. But the company does not ask anything for Demat Account Annual maintenance charge (AMC). It is entirely free of cost. Traders are also required to maintain minimum margin money of Rs.7000 with the company.
Vertex Securities Offers
Vertex Security provides following offers to its clients
|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|
|Zero Brokerage for Loss Making Trades||No|
The company offers full-fledged trading facilities and service to the clients in securities and commodities through its various branches across the cities.
For the traders comfort, the company also offers discount on its various brokerage plans.
To know about offers of other stock brokers check below
|Shree Bahubali||Steel City Securities||Trade Jini||Veracity Finance|
|Shree Kanha Stock Broking||Stewart Mackertich WMS||Tradeplus Online||Vertex Securities|
|SKI Capital||Sumpoorna Portfolio||Trade Smart Online||VNS Finance|
How to Open a Demat Account with Vertex Securities?
You can open the Demat Account with Vertex Security either through filling the contact form which you can get by clicking on the link below or you can contact us via phone or even you can visit any of your nearby branches
You will be asked to provide the necessary information and KYC documents such as your Aadhar and pan copy, address and age proof etc.
Once your documents are successfully submitted and verified, the company would get your demat account started within24 hours.
The company representative will help you in every possible manner with the account registration and other issues regarding how to open a demat account
WHY OPEN A VERTEX SECURITY TRADING ACCOUNT?
It is advisable to open a Vertex Security online trading account because of the following benefits:-
- It provides a secure and efficient online trading platform.
- Proper guidance of highly experienced and qualified financial experts enable you to make an informed investment decision
- Immediate a reliable trading
- Enable you to view stock quotes
- It offers comprehensively trading service in security and commodity
- The company has a wide number of branches across the country. It has more than 35 offices in Kerala.
- It provides comprehensive trading services in security and commodity through its various branches across the country
- It provides competency to its clients which enable them to trade in the market with confidence
Get a Call back from Vertex Securities
Vertex Securities Products & Services:
Vertex Security is indulged to provides various distinct sorts of products to its clients such as equity trading, commodity trading, currency trading, insurance, and various others.
Scroll Down to view a list of the products offered through Vertex Security.
Products Offered by Vertex Securities
The clients can use one single account for all the above-mentioned trading.
Vertex Securities Service Offerings
Following list shows the services offered through Vertex Security
|3 in 1 Acount||No|
|Trading Exposure||Upto 6X|
The company is indulged to provide brokerage services in equity, equity derivatives, and currency derivatives segments. It also facilitates equity research, equities, and derivative trading, commodities trading, IPO and portfolio management services.
Vertex Securities Research, Advisory and Stock Tips
Following table provides information about the company research and recommendations.
|Company Stock Review||No|
|Free Stock Tips||Yes|
|Daily Market Review||Yes|
Clients can avail the reports of various distinct segments including equity, currency, commodity, derivatives, mutual funds, IPOs, insurance, etc
The company also facilitates a dedicated Relationship Manager to its clients for maintaining various investment and financial products.
The research report brief about:-
- Day-to Day Free Stock Tips
- Day-to Day Call Evaluation
- Day-to Day Newsletter
- Day-to Day stock recommendations
- IPO reports
- Weekly reports
- Monthly reports
- Day-to Day research reports
Vertex Securities Exposure or Leverage
|Equity Delivery||Upto 2X|
|Equity Intraday||Upto 6X|
|Equity Futures||Upto 2X|
|Equity Options||Upto 5X|
|Currency Futures||Upto 2X|
|Currency Options||Upto 3X|
The company provides up to 6 times exposure to the traders. Exposures rely on various factors:-
- Traders Tenure
- Segment you selected for your trading
- It relies on traders comprehensive portfolio
- Amount of trading per month
The company provides leverage up to 6x to its clients which concludes that the traders will face an average risk.
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|Sri Shirdi Capital||Sunness Capital||Trustline Securities||Wellworth Share|
Vertex Securities Trading Platforms
Here are the thorough details on various trading platforms offered by Vertex 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||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Real time Updates||Yes|
|Online MF Buy||No|
|Multi Account Management||No|
Odin trading platform
It provides ODIN trading platform for online trading. It is basically trading software that can be installed on your laptop and computers. It is the reliable trading platform. Some of the features of this trading platform are:
- It provides you real-time information
- It is integrated with Mutual funds and IPO investments.
- Its various scrips can be placed under market watch
You will be fascinated with the downloading link of company trading software once you open your trading account with them. Through this trading platform, traders can trade from anywhere and anytime. It is a speedy and secure trading platform.
Vertex Android trading platform
ts mobile trading app is available on (NSE MOBILE TRADING). NSE NOW offers real-time streaming quotes, user-friendly features, etc. The company will provide your user name and password which will help you to activate your account.
Vertex Securities Customer Care
|Toll Free Number||No|
Being a full- service broker, vertex security provides following communication channels to its clients. Through these medium customers can get in touch with the company customer service representative for resolving their issues.
The company has its presence in around 428 locations across various parts of the country. Traders can even visit their nearby branch for their concern.
Vertex Securities Complaints and Feedback
Here you can view quite a few complaints receive against Vertex Security. These are the complaints which brokers are failed to resolve which is further listed in different stock exchanges.
Following table shows the Vertex Security complaints lodged in BSE and NSE stock exchanges:
|Lodged in BSE||0|
|Resolved in BSE||0|
|Lodged in NSE||1|
|Resolved in NSE||1|
|Percentage of No. of Complaints Received Against Number of Active Clients||0.01|
Vertex Securities Disadvantages:
Below mentioned is the list of pros and cons of Vertex Securities:
- The customer care representatives are not available for 24/7 to support their clients.
- It does not provide annual reports
- 3 in 1 account service is not available
Vertex Securities Conclusion
It is the prominent stockbroking house in India. It is engaged in providing exemplary broking service in equity, equity derivatives, and currency derivatives segments. It even acts as a full-service merchant bank and institutional broker.
To assist their clients in a feasible manner,it has made its presence in major cities of the country and retains extensively qualified financial experts to guide the traders in every possible way during their trade.
Open Demat Account with Vertex Securities
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