Vertex Securities Review, Brokerage Charges, Demat Account & more

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 Customer Ratings & Review

Experience 2.5/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.3/5
Stock Research & Advisory 2.6/5
Trading Platforms 2.4/5
Overall Ratings 2.7/5
Star Ratings ★★★☆☆
Total Client Reviews 219

 


About Vertex Securities

Company Type Public
Broker Type Full Service Broker
Headquarters Ernakulum, Kerala
Founder Ramachandran Unnikrishnan
Established Year 1993

Vertex Securities

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
Brokerage Calculator

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.


Vertex Securities Other Charges

Here are the details of Vertex Security other Charges which the traders are compelled to pay.

Transaction Charges 0.00319%
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.


Find Brokerage Charges of other Full Service Brokers – 

Kotak Securities ICICI Direct Sharekhan India Infoline (IIFL)
Ventura Securities Marwadi Group Aditya Birla Money Motilal Oswal

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
Holiday Offers Yes
Referral Offers Yes
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.


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

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

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

Equity Trading Yes
Commodity Trading Yes
Currency Trading Yes
Options Yes
Futures Yes
Mutual Funds No
Forex No
Banking No
SIP No
Insurance Yes

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

Demat Services Yes
Trading Services Yes
3 in 1 Acount No
Intraday Services Yes
IPO Services Yes
Stock Recommendations No
Robo Advisory No
PMS No
Trading Institution 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.


Check Products & Services offered by other Stock Brokers –

Angel Broking HDFC Securities Indiabulls Ventures  Just Trade
IDBI Direct  GCL Securities Arihant Capital Religare Securities

Vertex Securities Research, Advisory and Stock Tips

Following table provides information about the company research and recommendations.

Fundamental Reports No
Research Reports Yes
Company Reports No
Annual Reports No
Company Stock Review No
Free Stock Tips Yes
IPO Reports Yes
Top Picks Yes
Daily Market Review Yes
Monthly Reports Yes
Weekly Reports Yes
Offline Advisory Yes
Relationship Manager 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
Commodities Upto 3X
Margin Calculator

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.


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
Portfolio Details Yes
Online MF Buy No
News Flash Yes
Research Reports No
Easy Installation Yes
Global Indices Yes
Stock Tips No
Personalized Advisory No
Interactive Charts No
Live Markets Yes
SMS Alerts Yes
Email Alerts Yes
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

Dedicated Dealer Yes
Offline Trading Yes
Online Trading Yes
24*7 Support No
Email Support Yes
Chat Support No
Toll Free Number No
Branches 428

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.


Check detailed review of similar full service brokers:

Mangal Keshav  MasterTrust Networth Direct Reliance Securities
Axis Direct  SMC Global GEPL Capital  SBI Cap Securities

Open Demat Account with Vertex Securities

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

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