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Overview Overall

Indiabulls Securities (formerly Dhani Stocks), a SEBI-registered broker, offers trading in equities, derivatives, commodities, currency, IPOs, mutual funds, and margin facility. It provides powerful platforms, including a mobile app, web portal, and the PIB desktop terminal, with flexible brokerage plans—Rs 11 per order or 2.5% (whichever is lower).

  • Brokerage & Other Charges
  • Mobile Trading
  • Research
  • Customer Services
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Why Indiabulls Seurities?

    • They offer a wide range of services, including equity, derivatives, commodities, and currency trading, as well as mutual funds, IPOs, PMS, MTF, LAS, and depository services.
    • You can access trading through their feature-rich mobile app, web platform, and a powerful desktop terminal (PIB), catering to all types of traders.
    • They provide expert stock recommendations, market insights, and strategic investment guidance.
    • The account opening process is easy and paperless, with instant verification via Aadhaar and DigiLocker.
    • You can raise funds without selling your portfolio by pledging your shares or mutual funds.
    • They offer a Discount Plan with brokerage charges as low as Rs 11 per executed order across various segments, including Equity Delivery, Intraday, Futures, Options, Currency, and Commodity.

Positives

    • Services include equity, derivatives, commodities, currency trading, mutual funds, IPOs, PMS, MTF, LAS, Rights Issue, Buyback and depository services.
    • Access trading through a feature-rich mobile app, web platform, and a powerful desktop terminal (PIB)—catering to all types of traders.
    • Get expert stock recommendations, market insights, and strategic investment guidance.
    • Easy and paperless account opening process with instant verification via Aadhaar and DigiLocker.
    • Raise funds without selling your portfolio by pledging your shares or mutual funds.

Needs Improvement

    • Does not provide a 3-in-1 account opening facility.
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Overview
Indiabulls Seurities Review  
Year of Incorporation 2003
Products Equity, Derivatives, Commodity, Currency
Demat Services Yes
Active Exchange Memberships NSE, BSE
Website https://www.ibullssecurities.com/
Contact Details 022-61446300
Total Number of Clients -
Total Number of Branches -

Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019). 

ISL offers a wide range of financial and investment services tailored to meet the needs of individual and institutional investors. Key services provided by the broker include: Equity Trading, Derivatives Trading, Commodity Trading, Currency Trading, Mutual Funds, IPO Investments, Research & Advisory, Margin Trading Facility (MTF), Rights Issue, Buyback and Mobile & Web Trading Platforms.

Indiabulls Securities offers a Discount Plan with flat ₹11 per order brokerage across Equity Delivery, Intraday, Futures, and Options. AMC: ₹300 (free for the first year) or ₹25 monthly.

Key features include:

  • Powerful trading platforms (mobile app, web, and Power Indiabulls desktop).
  • Expert stock recommendations and research insights.
  • Paperless 2-in-1 account opening with Aadhaar/DigiLocker.
  • Loan Against Securities facility to pledge shares or mutual funds for funds.

Indiabulls Securities Account Opening Charges

Indiabulls Securities account charges are Rs 0 (Free) for a trading account and Rs 0 (Free) for a Demat account.   

Type Account Opening (One Time) Annual Maintenance Fees 
Trading Account ₹0 ₹25 from 1st Month
Demat Account ₹0  

Indiabulls Securities Brokerage Plans

Segment Brokerage Fee
Equity Delivery ₹11 per Executed order
Equity Intraday ₹11 per Executed order
Equity Future ₹11 per Executed order
Equity Options ₹11 per Executed order
Currency Futures ₹11 per Executed order
Currency Options ₹11 per Executed order
Commodity Futures ₹11 per Executed order
Commodity Options ₹11 per Executed order
Stock as Margin 0.023% per day

Indiabulls Securities Online Demat & Trading Account Opening

  1. Download and install the Indiabulls Securities Trading App.
  2. Open & Click on Create a new account.
  3. Enter your mobile number and click & Get OTP.
  4. Enter Your Email ID and click to get the OTP.
  5. Enter Your Details. (PAN, DOB)
  6. You will get a pop-up of your details by clicking on “Continue”.
  7. Select your Default Plan & AMC Plan.
  8. After selecting Plan, you will see a payment summary.
  9. Click 'Pay now' and complete the payment.
  10. Take a selfie and upload it to verify yourself in person.
  11. Click on “Sign”, Selecting Either Digital or manual.
  12. Add your bank details & enter your details.
  13. Select 'Income' and click on 'Save'.
  14. Add a Nominee; it's Optional.
  15. F&O option activation: “It’s Optional”.
  16. If your KRA verification is not done, you can do it through Digilocker or manually by updating your address and PAN details.
  17. Complete your IPV process.
  18. If you are a KRA-verified individual, you will receive a pop-up for E-Sign. 
  19. After e-signature, you will be redirected to the NSDL page for verification.
  20. Verify your Aadhaar, and your account will be created.

Indiabulls Securities Demat Account Charges

All kinds of charges by Indiabulls Securities related to the Demat account are listed below.

Particulars Charges
Demat Account Opening Charges Free
Annual Maintenance Charges (AMC) Rs 25 from 1st Month
Transaction Charges (Debit) Within Indiabulls: Rs. 20 or 0.02% of the transaction value (whichever is higher) / Outside Indiabulls: Rs. 30 or 0.03% of the transaction value (whichever is higher)
Dematerialisation Courier Charges Rs. 50 per courier charges
Dematerialisation per Certificate Rs. 5 per certificate/unit
Rematerialisation Rs. 35 for every 100 securities
Pledge Creation / Closure / Invocation Rs. 35 or 0.02% of the transaction value (whichever is higher)
Market Margin Pledge Creation / Closure / Invocation Rs. 25 or 0.02% of the transaction value

Final Thoughts about Indiabulls Securities

In conclusion, Indiabulls Securities stands as a reliable platform for investors and traders, offering a comprehensive suite of financial services that includes equity, derivatives, commodity, and currency trading, as well as mutual funds and IPO investments. Their robust trading platforms, comprising a mobile app, web platform, and the powerful Power Indiabulls (PIB) desktop terminal, cater to diverse trading needs. 

With flexible brokerage options, trading with zero brokerage on delivery and intraday, and a Discount Plan starting at Rs 11 per executed order, Indiabulls Securities offers cost-effective solutions. Supported by in-depth research and a seamless digital 2-in-1 account opening process, it presents an attractive choice for navigating the stock market with confidence.

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Indiabulls Seurities User Reviews

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