Tradebulls Trading / Online Trading – Review, Process, Benefits, Charges & more
Last Updated Date: Mar 24, 2023Tradebulls is one of the most aggressively growing brokerage firms in India. The company was established in Mumbai in the year 2009. In fact, it won’t be wrong to say that they pretty much lured the young generation of the country towards financial trading, with its Tradebulls Trading facilities.
They did so with their amazing services and tech-based approach. They claim to have over 70,000 active clients at present. And, they serve these clients from over 18 different locations throughout India.
Let us take some time to review a very specific part of Tradebulls services, making the decision-making criteria feasible. We’re referring to the charges they incur in terms of service charges.
We’ll even describe briefly the charges they levy as additional taxes. We’ll tell you about the process of trading through Tradebulls trading facilities. And we’ll even establish the basic details about Tradebulls online trading platforms.
Tradebulls Trading and Benefits
The twinning of a best demat account and Best Trading Account in India will help you crack the hardest trades.
Tradebulls is a full-service broker which offers uncomplicated and easy-peasy features which you can access from anywhere.
There are many reasons that led to the swift growth of Tradebulls. However, the most important factor in their journey has been the benefits they provide to their clients.
So, here’s a detailed list of all the benefits you may expect while using Tradebulls trading facilities:
- The uniqueness of the approach has always been in favour of Tradebulls. This can easily be spotted in the offers they grant regarding the account opening process. Their clients can opt from several Demat Accounts. And even the account opening charges vary from Rs.0 to Rs.299.
- They believe in providing the best. That’s why they’ve custom-developed all the trading software in-house. This means that you can expect a user-friendly UI with loads of features in all of their trading platforms.
- They have a cost-effective brokerage charge. They even offer custom plans to their clients in this matter.
- Visit our Tradebulls Review page and discover all offers that Tradebulls offer with its Demat and Trading Account.
Open Trading Account with Tradebulls – Fill up the Form Now!
Tradebulls Trading Charges
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 certificates 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) |
Other Charges
The clients are open to access all the services provided by Tradebulls. However, certain Tradebulls Trading Charges must be paid by the clients.
These charges include the brokerage as incurred by the company. And these even include the additional taxes one needs to pay. The charges are incurred as per the norms of the government. Anyway, here’s the complete detail of these charges:
- The company incurs a charge worth 0.0325% on the total Turnover of the clients. This is charged for the sake of paying Transaction Charges.
- Another 0.0126% worth of charge is incurred on total turnover. This is to meet the charges for STT. STT here refers to Securities Transaction Tax.
- Even SEBI incurs a charge of 0.00005% on total turnover. This is known as SEBI Turnover Charge.
- Tradebulls even collect 18% worth of GST on the total brokerage and transaction charges.
- And lastly, the clients must pay a certain amount for Stamp Duty. This charge is variable. And that’s because of the varying norms of different states.
To know more in detail, also check Tradebulls Brokerage Charges.
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Tradebulls Delivery Trading
Tradebulls Delivery Charges | |
Equity Delivery | 0.20% |
Thus, Tradebulls Delivery Trading services help traders to seek, buy, store and sell certain shares. These shares can belong to one or more companies.
They bought shares are stored within the traders’ Demat Accounts. The clients must pay 0.20% worth of charges to the company.
Tradebulls Intraday Trading
Tradebulls Intraday Charges | |
Equity Intraday | 0.02% |
There is a lot more to Tradebulls than merely Delivery Trading. Tradebulls Intraday Trading services are well admired. These services enable traders to perform multiple operations simultaneously.
This includes accessing precious research data, monitoring stocks, and predicting growth and trade across Day Trading exchanges. However, the customers are required to commit something to Tradebulls. They are charged with a 0.02% worth of charge on each Day Trade.
Tradebulls Option Trading
Tradebulls Option Charges | |
Equity Options | Rs.40 per Lot |
Although not an industry leader, Tradebulls Options Trading facilities are pretty commendable. These services allow traders to trade across shares at predetermined prices.
The determination of the price depends on the company’s past performance and other important metrics. Anyway, one can avail of these services at Rs.40 per lot charge.
Tradebulls Futures Trading
Tradebulls Futures Charges | |
Equity Futures | 0.02% |
Much like Options Trading, Futures Trading is done on certain predetermined stock processes. However, in this type of trading, even the trade date is fixed.
Tradebulls Futures Trading facilities enable this sort of trading and more. However, there is a price for availing of these services. The clients must pay 0.02% worth of commitment to the company.
Tradebulls Currency Trading
Tradebulls Currency Charges | |
Currency Option | Rs 20 per lot |
Currency Futures | Rs 20 per lot |
The name is even known as Currency Trading of Forex Trading amongst traders. And this is continuously generating a new craze amongst traders. Tradebulls Currency Trading services allow traders to access all the globally acknowledged currencies and trade across them.
These services even provide proper researched and analyzed insights. However, like all other company services, even this is not free. The clients must pay to avail of these services.
The payment is categorized into two categories: Currency Options and Currency Futures. The clients must pay Rs 20 per lot for availing of Currency Options services. And, the Currency Futures services require payment of 0.010% – 0.030% worth of charge.
Tradebulls Commodity Trading
Tradebulls Commodity Charges | |
Commodity Trading | 0.15% / Rs 50 per lot |
So, Tradebulls Commodity Trading services aren’t that popular amongst clients. But that doesn’t mean they’re not making as much profit.
In fact, with proper discipline and patience, trades can generate huge profits in this domain. These trades occur for certain precious metals and agricultural products. And, the services related to them require payment of 0.15% / Rs 50 per lot commission on each trade.
Tradebulls Online Trading Process
We understand that trading across financial sectors might sound complex. But, Tradebulls takes special care to simplify the entire process. That does not only concern building up certain platforms.
They’ve made the entire process hassle-free.
- You can locate a button at the end of this section for starters. The button you’re looking for has the words ‘Open Demat Account’; click on it.
- That’ll take you to a new page with a form. You must fill up the form and submit it. You must even share a few verification documents along with the form.
- Once you submit the form, you’ll receive a call from the company. They’ll help you get a specific set of login credentials. You must use these credentials to log in to your Demat Account.
- Once inside, you can create a watchlist to monitor your favourite stocks. You’ll be able to trade across them through the ‘Buy / Sell section.
Tradebulls Online Trading Platforms
There are 3 Tradebulls Trading platforms to access the clients. These platforms come along with the Demat Account. The clients do not need to pay additional charges for these platforms. Here are a bit more details about the platforms:
- Tradebulls Securities Web: This is a web browser-based platform. And it’s compatible with all sorts of web browsers, including Chrome, Safari, Opera, Firefox, and Internet Explorer. The platform needs no installation to operate. And it can even be accessed through and operated from a basic smartphone.
- Tradebulls Securities Desktop: This is an extension of the web-based platform. And it functions similarly as well. The name better knows this platform of Odin Diet. It’s a third-party software whose license is acquired by Tradebulls. This platform can be installed on a computer with certain specifications. However, this is usually meant for heavy traders who require regular analysis and monitoring of stocks.
- Tradebulls Mobile App: This is a mobile-based trading platform made for Android and iPhone devices. The platform can be downloaded from Playstore or Appstore. It comes with all the functions and tools of the web browser and desktop-based platforms.
Tradebulls Trading – Conclusion
We’re pretty confident about all of Tradebull’s trading services. And, that’s because of their usability features and easy-to-understand UI.
Tradebulls Online Trading platforms even come integrated with great analytical features. Moreover, the account opening process is hassle-free. In short, Tradebulls provides all the facilities asked for by a typical trader.
Tradebulls Securities Trading FAQs
Here is the list of FAQs related to the Tradebulls securities:
Do Tradebulls Securities provide Online Trading?
Yes, Tradebulls Securities does provide the option of online trading. They offer advanced platforms for online trading to their clients that have been developed in-house and boast the best user interfaces and features.
What are the Charges in Tradebulls Securities?
Apart from the brokerage charge that is different for each segment, there are the Transaction Charges worth 0.00325% and STT worth 0.0126% of the total turnover, 0.0002% of the total transaction amount as SEBI charges, stamp duty charges as per state, and GST worth 18% of the sum of brokerage and transaction charges.
Do Tradebulls Securities provide Delivery Trading?
Yes, Tradebulls Securities does provide the option of delivery trading to its clients. Tradebulls Delivery Trading services help traders to seek, buy, store and sell certain shares. These shares can belong to one or more companies. They bought shares are stored within the traders’ Demat Accounts.
Is delivery trading Free at Tradebulls Securities?
No, delivery trading is not free at Tradebulls Securities. The clients wishing to carry out delivery trading at Tradebulls Securities must pay 0.10% – 0.30% worth of charges to the company for this. While it is not free, the rate is reasonable and affordable for traders.
Do Tradebulls Securities provide Option Trading?
Yes, Tradebulls Securities does provide options trading. Although not an industry leader, Tradebulls Options Trading facilities are pretty commendable. These services allow traders to trade across shares at predetermined prices. Trading options can be a smart way to take advantage of good situations.
What are Options Trading Charges at Tradebulls Securities?
The determination of the price depends on the company’s past performance and other important metrics. With these in mind, the company has decided that clients can avail of their services for option trading at Rs.50 – Rs.80 per lot charge. This is an affordable rate and is reasonable for traders.
Do Tradebulls Securities provide Futures Trading?
Yes, Tradebulls Securities does provide the option of futures trading. Futures are primarily used for hedging commodity price fluctuation risks. A commodity futures contract is an agreement to buy or sell a particular commodity at a future date.
What is Futures brokerage at Tradebulls Securities?
Futures Trading is done on certain predetermined stock processes. Tradebulls Futures Trading facilities enable this sort of trading and more. However, there is a price for availing of these services. The clients must pay 0.010% – 0.030% worth of commitment to the company for carrying out futures trading.
Is Tradebulls Securities safe for trading?
Yes, Tradebulls Securities is completely safe for trading. They claim to have served over 70,000 active clients in the present. And they serve these clients from over 18 different locations throughout India. They are a reliable brokerage house with a good reputation.
Do Tradebulls Securities provide Trading Tips?
Yes, Tradebulls Securities does provide trading tips. The company offers advisory and research services to clients based on the latest market trends. These tips help traders to make informed decisions while trading and get a higher chance of profitability.
How do you buy shares on Tradebulls?
To trade with Tradebulls, you will require to open a Demat and Trading Account with the entity. You can apply for an account opening online, and it will be a paperless process once your request is processed and verified by the entity. Tradebulls will open your account and your trade-in stocks, future & options, and other securities.
Who is the owner of Tradebulls?
Dinesh Thakkar is the Chairman and Managing Director of Tradebulls.
How do you use Tradebulls touch?
Tradebulls touch is a mobile trading app that allows customers to trade from anywhere with a few clicks. You can install the mobile app from the Google Play store or the apple store. With the application, you can create a watchlist of your favourite stocks, analyze your investments easily, and trade at any time. The app also offers research recommendations and fast fund transfers.
How do I close my Tradebulls account?
To close your Tradebulls account, first, download the Account Closure Form.
Fill out the closure form and submit it to the nearest branch.
Also, before undertaking the account closure process, ensure to:
- Sell the securities you have in the Demat account, or
- Transfer the securities to another Demat account, or
- Rematerialize your securities in physical form.
How do I log into my Tradebulls account?
You can log in to your account from the Tradebulls website or Tradebulls mobile application. Open the website or the app and log in with your ID and password.
How do I get a capital gain statement from Tradebulls?
To get a capital gain statement from Tradebulls, email online@tradebulls.in from your registered email ID, or you can contact the relationship manager.
How do I transfer shares on Tradebulls?
If you want to transfer your shares from another stockbroker to Tradebulls, you will have to submit the DIS (Delivery Instruction Slip) with your existing stockbroker to process the request for the transfer of shares.
Which of the three accounts is required for trading in securities?
Institutions engaged in banking services and stockbroking offer a 3-in-1 account comprising a Bank account, a Demat account, and a trading account. A bank account allows the smooth transfer of funds from one account to another. With a Demat account, you can keep all your securities in one place in digital form and don’t have to worry about maintaining share certificates. A trading account facilitates the movement of shares and other securities from one account to other. You can buy and sell shares with your trading account.
Which account is needed for online trading in securities?
For online trading, you will need three types of accounts, which are:
- Bank account
- Demat account
- Trading account
Can I open a Demat account without a trading account?
By opening only a Demat account, you will be able to hold your securities in dematerialized form, but you will need a trading account if you want to trade. Also, entities usually process Demat and trading account openings simultaneously in the Account opening process. So, you don’t have to apply for both accounts separately.
How many Tradebulls trading accounts should I have?
In the general context, one Demat account and one trading account is sufficient to trade and invest in securities. If a person is interested in holding multiple trading accounts, they have to make sure that the accounts are with different entities. A person can have only one Demat and trading account with a stockbroker.
Why is a Tradebulls trading account a nominal account?
Tradebulls trading account is a nominal account as it maintains records of all the buying and selling effects by the account holder over a period of time.
How does a Tradebulls trading account work?
A Trading account works as the key between your money and all the investment perspective. As you like, it allows you to buy, sell, and trade in securities for short-term, medium-term or long-term.
How do I manage my Tradebulls trading account?
Once the Trading account is opened, you can easily operate it with your mobile. You can place trade orders for Delivery and intraday. You can buy and sell securities with the help of your trading account online.
Open Trading Account with Tradebulls – Fill up the Form Now!