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Tradebulls Review – Services, Brokerage Charges, Margin, Demat Account, Platforms, Research Reports & More

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Tradebulls Review

Page Contents Table

TradeBulls Securities is a well-established Mumbai based Full Service Brokerage Firm. The detailed broker was founded in 2009 and currently operates more than 1000 personnel in its divisions. Now the company, through its sub-brokers and partnership companies, has activity in 18 countries.

This is a comprehensive analysis of Tradebulls Securities review where we’ll learn all about its Brokerage Policies, Deals, Trading systems, Visibility, Goods & further.

So much as it considers the offline physical presence, Tradebulls has its subsidiary agents and sub-brokers in the country’s 12 cities and towns with 18 such branches. Mr. Dinesh Chhagganlal Thakkar is the CEO and Managing Director of Tradebulls Securities.

In this in-depth review, we will address most of the trade-friendly features of this trader including the Tradebulls organizational structures, related expenses, earnings, participation criteria, and other details.

In the condition that you will be looking to create a sub-broker or subsidiary share of the market, this thorough analysis of Tradebulls Partnership will be capable of helping you determine on it at that stage.

This provides NSE, BSE, MCX-SX, MSEI, NCDEX and MCX memberships and also allows consumers to exchange through the following categories.

  • Equity Trading
  • Commodity Trading
  • Derivative Trading
  • IPOs
  • Currency Trading
  • Personal Loans
  • Insurance
  • Portfolio Management Services
  • Mutual Funds Investments
Tradebulls Review
Tradebulls Review

Tradebulls Official Trading Platforms and Its Features

Let’s check out all the trading platforms with advance features. Both platforms have been built up in-house and are still growing at an unending pace.

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1. Tradebulls WEB Trading – The Web-Based Trading Platform

TradeBulls Platform is a browser-based trading portal where customers may sign in easily with a legitimate USER ID and password and start investing. No program has to be downloaded or installed it can be used through computers from iPhone, Pc, Laptop or Ipad.

It comes with a variety of features:

  • Its portal allows a multi-window interface within the single screen for easy and quick trade navigation.
  • The platform is very lightweight and well optimized to work also in a slow internet connection.
  • It allows the user to monitor live market streaming reports
  • It avails its clients with the latest research reports and recommendations.

2. Tradebulls Diet – The Desktop Based Trading platform

TradeBulls Diet is a desktop software platform ideally fit for large investors seeking to invest long days investing. It’s a strong-performance interface that can be run on your desktop or laptop.

Here are some best features of the trading terminal:

  • The platform is mostly useful for heavy traders for smooth, well managed and high-speed performance. It helps in super-fast order placement
  • The application offers real-time quotes and live streaming facility
  • It helps the users to provide trade views from multiple trade exchanges on a single screen.
  • It helps the users to transfer funds from various sources and almost all nationalized banks

3. Tradebulls Touch – The Mobile-Based Trading Application.

It is the official mobile-based trading platform offered by Tradebulls Securities. The performance of the application is not highly rated rather it offers a mediocre experience while trading.

Some of the features of the mobile trading application are:

  • It helps the user to track trading details and manage investments.
  • It offers details regarding the stock market and other Index watch list, Global Watch Lists, Metal watch list, Research reports, trade news, and mutual funds information.
  • By using the application you can place direct calls to your Relationship managers.
  • It offers customers various reports like holdings, ledger, margin, Derivatives, open position, Trade details and many more.
  • The application comes loaded with customer service support which allows you to send service requests within the application.

Tradebulls Research Report And Advisory Trading Tips

The full-service stock brokerage firm provides its customers with the appropriate rate cycles of analysis at the following stages:

  • Detailed market Reviews
  • Monthly Research Trade Reports
  • Weekly Trade Reports
  • Analysis Reports on IPOs
  • Daily Basis Stock Tips
  • Real-time Stock Reports
  • Company Base Reports
  • Annual Research Reports
  • Technical Research Reports
  • Fundamental Reports
  • P&L Reports

As far as precision is involved, the stockbroker has so far struggled to satisfy its customers with its precision, consistency, and efficiency.

Suggestions and recommendations are given through portals such as SMS, Message, and also across app trading platforms.

Based on the section that is involved, the related work could be used for the request implementations.

Tradebulls Customer Care, Support and Office Addresses

The full-service bank based broker offers various customer communication channels to its users for easy trading with high satisfaction. Here are the ways to connect to its customer service support team:

  • Via Email
  • Offline based branches
  • Over Phone call
  • Online assistance via Webchat and web form

1. Customer Care Numbers, Office Addresses, and Helpline Emails and Contact Information.

Registered Office304, ‘Sai Nivas’ – C, Kathiria. Daman and Diu-396210.
Correspondence OfficeTradebulls House, Sindhubhavan Road, Bodakdev, Ahmedabad, India – 380054
Corporate Office :Kanakia Wall Street, A-Wing, Ground Floor, Andheri Kurla Road, Andheri (East), Mumbai – 400093
Telephone+91 22-4888 2888 +91 22-6165 5555
Email Support :[email protected]
Customer Support / Call & Trade :+91 79-4000 1000 / +91 79-3333 3333 / +91 79-6165 5555
Mobile helpline079-3333 3322

While choosing a good and successful broker and its services, it is quite important to notice how well the brokerage firm handles its customers. You also need to check all the products and service the broker offers, at the same time, supplying the consumer with the value of the company.

This broker is not being that successful in terms of customer support, there have been numerous critical feedback and complaints from customers.

It often freezes behind some other Indian stockbrokers to resolve concerns in a flexible form. TradeBull’s segment still needs to be adjusted. So that it may climb above the brokerage competition in the Indian share market.

2. Tradebulls Customer Ratings

CriteriaRating
Research & Advisory Services7.1 out of 10
Brokerage Charges & Fees7.6 out of 10
Product & Services and its usability7.8 out of 10
Trading Platforms and its features6.7 out of 10
Customer Broking Experiences6.8 out of 10
Overall Rating7.2 out of 10

Tradebulls Prices and Charges

Being a full-service bank based stockbroker, Tradebulls imposes a variety of charges from its customers. It is quite important to know all the charges very clearly before paying them to the broker.

Here we have covered almost every payment detail charged by the broker and we recommended you check each of them thoroughly for better understanding.

1. Tradebulls Account Opening Charges

It is the very first step to open a Trading and DEMAT Account before stepping into the world of trading. Here are the details of account opening charges levied by the broker:

SegmentsOpening Charges
Opening Charges for Trading AccountRs.0
Opening Charges for DEMAT AccountRs.0
AMC For Trading AccountRs.0
AMC For DEMAT AccountRs.350
Margin MoneyRs.0 – Rs.300,000
Offline to OnlineYes

2. Tradebulls Brokerage Charges and Plans

Tradebulls brokerage charges impose to its clients are quite satisfying considering the services and support it offers.

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Let’s cover each trade segment in detail.

SegmentsBrokerage Charges
Equity Intraday0.010% – 0.030%
Equity OptionsRs.50 – Rs.80 per Lot
Equity Futures0.010% – 0.030%
Equity Delivery0.10% – 0.30%
Currency OptionsRs.50 – Rs.80 per Lot
Currency Futures0.010% – 0.030%
Commodity0.010% – 0.030%
Minimum BrokerageRs.30 per Trade

Tradebulls is a professional trader; to date, trading charges are very small. Conforming brokerage charges would also be found in many industries.

3. Tradebulls Brokerage Plans

Here are some of the best brokerage plans Tradebulls offers to its users.

SegmentsLiteBasicEliteInfinia
Equity Delivery Trading0.30%0.25%0.15%0.10%
Equity Intraday Trading0.030%0.025%0.015%0.010%
Commodity Options Trading0.030%0.025%0.015%0.010%
Equity Futures Trading0.030%0.025%0.015%0.010%
Equity Options TradingRs.80 per LotRs.70 per LotRs.60 per LotRs.50 per Lot
Currency Futures Trading0.030%0.025%0.015%0.010%
Currency Options TradingRs.80 per LotRs.70 per LotRs.60 per LotRs.50 per Lot
Minimum BrokerageRs.30 per TradeRs.30 per TradeRs.30 per TradeRs.30 per Trade
Account Opening FeesFree or Rs.299FreeFreeFree
Trading A/C AMC ChargesFreeFreeFreeFree
Margin MoneyRs.0Rs.25,000Rs.100,000Rs.300,000

TradeBulls gives its investors 4 different and varying brokerage options and they could pick their package depending on their brokerage fees. The descriptions of the 4 packages are Lite, Basic, Elite, and Infinia.

They are focused on a simple principle – more and more Margin capital, the lower the brokerage fee will be. Margin Capital begins from nothing and increases to Rs.3 Lakh, too.

4. Tradebulls Transaction Charges

Every trading includes certain brokerage fees which we discussed above, but it comes with minimal transaction charges too. Most of the beginner traders don’t even aware of these charges.

Here we had given all the details of the transaction charges.

SegmentsTransaction Charges
Equity Cash And Delivery0.00325%
Equity Options0.05% on premium
Currency Options0.04% on premium
Equity Futures0.0019%
Currency Futures0.00115%
Commodity0.002%

For Equity Intraday and Equity Delivery, the broker charges a 0.00325% transaction charge. Whereas for Currency Options and Currency Futures the transaction charges are 0.04% and 0.00115% respectively. For Commodity it is 0.002%, For Equity Options it is 0.05% and lastly 0.0019% for Equity Futures.

5. Tradebulls Other Charges

Here are some mandatory additional charges the broker imposes on its clients:

Transaction Charges0.00325% of Total Turnover
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

Aside from just the Brokerage Fees, there are several additional transaction costs, SEBI Turnover, Stamp Duty and GST taxes, which are often paid while trading. Moreover, these are negligible charges that don’t adversely impact your portion of the profits or your return on capital.

Along with relevant portfolio expenses and trading commissions, detailed stockbroker investment services are now accessible at value-effective rates. Most dealers in India are taking advantage of the cheap-account market starting or brokerage rates and are charging transaction costs to that amount.

We will remind you that even if exposure or authority seems to have all the ability to express lucrative profits, it is also a safe idea. Therefore, once you grasp the implications and dangers of use, it’s safer to stop utilizing it.

Tradebulls Margin and Exposure

Trading is a game of uncertainties but when we plan it effectively with the best analysis then every trade offers profitable revenue in return. Few pro investors prefer trading using high margin or leverage for gaining huge profits.

So the details of the margin given by the broker are mentioned below:

SegmentsMargin and Leverage
Equity IntradayThe margin of up to 10 times
Equity DeliveryUp to 3 to 5  times exposure
Currency OptionsUp to 3 times Exposure offered
Currency FuturesUp to 2 times Leverage for Intraday
Commodity3 times leverage is available
Equity FuturesUp to 2 times leverage offered  for intraday
Equity OptionsUp to 3 times margin offered

Tradebulls Pvt ltd offers Equity Intraday margin up to 10 times, up to 3 times Exposure for Equity Options.

The margin of 3 to 5 times is allowed for Equity Delivery, commodity trading facility offers 3 times leverage with the broker and up to 2 times leverage for Equity Futures.

Comparison of Tradebulls with Best Brokerage Firms.

1. Tradebulls Comparison With Closet Discount Brokers

Brokerage FirmTradebullsStoxkartUpstoxFyers
Type Of Service OfferedA full service broking service providerAn Online Discount broking service ProviderA Online Discount BrokerA Online Discount Broker
Range Of Brokerage  Charges0.3% to 0.01%Rs.15/-Rs.20/-Rs.20/-
Type Of Trading AccountsTrading and DEMAT Account or 2 in 1Trading and DEMAT Account or 2 in 1Trading and DEMAT Account or 2 in 1Trading and DEMAT Account or 2 in 1
Equity Intraday0.3% to 0.01%Rs.15/-Rs.20/-Rs.20/-
Currency OptionsRs.50/- to Rs.80/- per lotRs.15/-Rs.20/-Rs.20/-
Commodity0.03% to 0.01%Rs.15/-Rs.20/-Not Applicable
Equity Delivery0.3% to 0.01%Rs.0/-Rs.0/-Rs.0/-
Equity OptionsRs.50/- to Rs.80/- per lotRs.15/-Rs.20/-Rs.20/-
Currency Futures0.03% to 0.01%Rs.15/-Rs.20/-Rs.20/-
Equity Futures0.03% to 0.01%Rs.15/-Rs.20/-Rs.20/-
Rating3.5 out of 5.04.5 out of 5.04.3 out of 5.04.0 out of 5.0

2. Comparison of Tradebulls with top Full service brokerage firms

Brokerage FirmTradebullsAngel BrokingEdelweissSharekhan
Type Of Service OfferedA full service broking service providerA Full Service BrokerA Full Service Brokerage FirmA Full Service broking service provider
Range Of Brokerage  Charges0.3% to 0.01%Rs.15/- to Rs.30/-Rs.10/- or 0.5%0.10% to 0.50%
Type Of Trading AccountsTrading and DEMAT Account or 2 in 1Trading and DEMAT Account or 2 in 1Trading and DEMAT Account or 2 in 1Trading and DEMAT Account or 2 in 1
Equity Intraday0.3% to 0.01%Rs.15/- for less than Rs.50,000/- And Rs.30/- for more than Rs.50,000/-0.01% of Rs.10/-Rs.0.10/- or 0.1%
Currency OptionsRs.50/- to Rs.80/- per lotRs.30/-Rs.10/-Rs.25/- or 2.5%
Commodity0.03% to 0.01%Rs.30/-Not ApplicableRs.0.10/- or 0.1%
Equity Delivery0.3% to 0.01%Rs.15/- for less than Rs.50,000/- And Rs.30/- for more than Rs.50,000/-0.01% of Rs.10/-Rs.0.50/- or 0.5%
Equity OptionsRs.50/- to Rs.80/- per lotRs.30/-0.01% of Rs.10/-Rs.25/- or 2.5%
Currency Futures0.03% to 0.01%Rs.30/-0.01% of Rs.10/-Rs.0.10/- or 0.1%
Equity Futures0.03% to 0.01%Rs.30/-0.01% of Rs.10/-Rs.0.10/- or 0.1%
Rating3.5 out of 5.04.3 out of 5.04.1 out of 5.04.0 out of 5.0

Tradebulls Complaints received at BSE/NSE

Tradebulls Complaints received at BSE/NSE Here are some complaints the customers raised against the Tradebulls ltd. The users find difficulties while trading with the broker with unsolved issues. So they filed cases directly to the trade exchanges.

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ExchangeFinancial YearNumber of Clients *Total Complaints **
BSE2019-2013,2422
NSE2019-2061,647123
BSE2018-1916,9009
NSE2018-1972,679106
BSE2017-1828,58010
NSE2017-1870,92880
BSE2016-1714,8348
NSE2016-1741,81083
BSE2015-166,5345
NSE2015-1622,67334

Tradebulls Advantages And Disadvantages

Tradebulls Advantages

  • It is one of the most secure and trustworthy brokers for your money and investment
  • They offer 24/7 customer service support to its users.
  • Easy to use web-based trading platforms, desktop-based trading platforms, and mobile trading too.
  • Allows the user to deal with Derivative trading
  • Investment in Mutual Funds, IPOs, and insurance services
  • Trading in both BSE and NSE is available.
  • It offers a wide range of trading segment and investment options for better profitability.
  • All the trading applications are totally in house developed applications.
  • The brokerage charge is very reasonable while comparing with other full-service brokers.

Tradebulls Disadvantages

  • The broker offers a low rated mobile trading application to its users which as a result low offers poor trading performance.
  • We also recommend our readers to be alert for all the additional charges as few of them are kept hidden from the customers.
  • The research reports offered by the brokerage firm are of average quality. The problem with the quality of reports remains the same for both technical and fundamental levels.
  • The customer level support is also very poorly managed.
Open Tradebulls Demat Account
Open Tradebulls Demat Account

Conclusion

“Tradebulls is a newly founded full-service Brokerage firm in 2009 and is of an inexpensive category.

Be it account creation, servicing, trading or settlement costs, the brokerage pays relatively small amounts. Therefore, if you’re searching for a minimal-cost full-service broker, Tradebulls is probably the right option.

Nonetheless, aside from the expense, the brokerage does not offer a ton of benefit to its investors. Be it visibility, trading sites, client support or analysis – the full-service stockbroker does not please the consumer base and delivers mediocre quality support in all dimensions.

Tradebulls FAQs

Q1. Does Tradebulls offer banking services?

Ans. No, Tradebulls offers banking services.

Q2. When Tradebulls started its operations?

Ans. In the year 2009 the Tradebulls Securities offered its services.

Q3. Does Tradebulls offer a 3 in 1 account to its users?

Ans. No, Tradebulls offers a 3 in 1 account facility to its users.

Q4. Who is the Director of the Tradebulls?

Ans. Mr. Dinesh Chhagganlal Thakkar is the director of the Tradebulls.

Q5. Is there any facility available with Tradebulls for providing offline based customer service?

Ans. Yes, there is a facility available with tradebulls for providing offline based customer service.

Q6. Does Tradebulls offer margin trading to its customers?

Ans. Yes, Tradebulls offers margin trading to its customers.

Q7. With Whom Tradebulls Securities holds its DP services?

Ans. With CSDL membership Tradebulls Securities holds its DP services.

Q8. Is there any facility to trade with Tradebulls on EQUITY?

Ans. Yes, there is facility to trade with Tradebulls on EQUITY.

Q9. Is it trustworthy to rely on research reports of Tradebulls?

Ans. Yes, it is trustworthy to rely on research reports of Tradebulls.

Q10. Does Tradebulls Securities offers ETFs investments to its clients?

Ans. Yes, Tradebulls Securities offers ETFs investments to its clients.

Q11. Investment in mutual funds is allowed with Tradebulls Securities or not?

Ans. Yes, Investment in mutual funds is allowed with Tradebulls Securities.

Q12. Does Tradebulls Offer an integrated fund transfer option to its users?

Ans. Yes, Tradebulls Offers an integrated fund transfer option to its users.

Q13. Does Equity trading facility is available with TRADEBULLS Securities?

Ans. Yes, Equity trading facility is available with TRADEBULLS Securities.

Q14. Investing in Mutual funds is allowed by the TRADEBULLS Brokerage firm?

Ans. Yes, Investing in Mutual funds is allowed by the TRADEBULLS Brokerage firm.

Q15. Investing in Fixed Deposits is allowed by the TRADEBULLS Brokerage firm?

Ans. Yes, Investing in Fixed Deposits is allowed by the TRADEBULLS Brokerage firm.

Q16. Is Trading with derivatives is allowed with Tradebulls?

Ans. Yes, Trading with derivatives is allowed with Tradebulls.

Q17. Is Trading with Currency is allowed with Tradebulls?

Ans. Yes, Trading with Currency is allowed with Tradebulls.

Q18. Is Trading with Futures is allowed with Tradebulls?

Ans. Yes, Trading with Futures is allowed with Tradebulls.

Q19. Being a Full-service broker Does Tradebulls offers IPO investment?

Ans. Yes, Tradebulls offers IPO investment to its clients.

Q20. What are the AMC Tradebulls charges for a trading account?

Ans.  Tradebulls imposes no charge on its clients for Trading account AMC.

Q21. What is the AMC Tradebulls charge for the DEMAT account?

Ans. Rs.350 is charged by the broker for the AMC of DEMAT Account.

Q22. Is there any e-locker facility available with TRADEBULLS Securities?

Ans. No, an e-locker facility available with TRADEBULLS Securities.

Q23. Does TRADEBULLS Securities provide a desktop-based trading platform?

Ans. Yes, TRADEBULLS Securities provide a desktop-based trading platform.

Q24. Does TRADEBULLS Securities provide a web-based trading platform?

Ans. Yes, TRADEBULLS Securities provide a web-based trading platform.

Q25. Does TRADEBULLS Securities provide a mobile-based trading platform?

Ans. Yes, TRADEBULLS Securities provide a mobile-based trading platform.

Q26. What is the name of the web-based trading platform of TRADEBULLS Securities?

Ans. The name of the web-based trading platform of TRADEBULLS Securities is Tradebulls Web.

Q27. Is trading with a desktop trading platform is effective to gain profits?

Ans. Yes, trading with a desktop trading platform is effective to gain profits.

Q28. What is the name of the mobile-based trading platform of TRADEBULLS Securities?

Ans. The name of the mobile-based trading platform of TRADEBULLS Securities is Tradebulls touch.

Q29. Is there any facility of Annual report publication with Tradebulls?

Ans. Yes, there is a facility of Annual report publication with Tradebulls.

Q30. Is there any facility like trade recommendations with Tradebulls?

Ans. Yes, TRADEBULLS Securities offer trade recommendations.

Q31. Is there any facility of Company report publication with Tradebulls?

Ans. Yes, there is a facility of Company report publication with Tradebulls.

Q32. Does Relationship managers support is available via TRADEBULLS Securities support?

Ans. Yes, Relationship managers support is available via TRADEBULLS Securities support.

Q33. Is there any facility of real-time stock reports with Tradebulls?

Ans. Yes, there is a facility of real-time stock reports with Tradebulls.

Q34. Is there any facility of Daily market reports with Tradebulls?

Ans. Yes, there is a facility of Daily Market reports with Tradebulls.

Q35. Is there any facility of monthly research reports with Tradebulls?

Ans. Yes, there is a facility of monthly research reports with Tradebulls.

Q36. Is there any facility offered by TRADEBULLS Securities via EMAIL for its customers?

Ans. Yes, the Email Service facility is offered by TRADEBULLS Securities for its customers.

Q37. Is there any facility offered by TRADEBULLS Securities over the phone for its customers?

Ans. Yes, over phone Service facility is offered by TRADEBULLS Securities for its customers.

Q38. Is there any support offered by TRADEBULLS Securities via offline branches for its customers?

Ans. Yes, offline branch support is offered by TRADEBULLS Securities for its customers.

Q39. Mention the customer care number of TRADEBULLS Securities?

Ans. The customer care number of TRADEBULLS Securities is +91 79-4000 1000

Q40. How much does TRADEBULLS Securities impose on its user for opening a Trading Account?

Ans. TRADEBULLS Securities imposes no charge on its user for opening a Trading Account.

Q41. How much does TRADEBULLS Securities impose on its user for opening a DEMAT Account?

Ans. TRADEBULLS Securities imposes no charge on its user for opening a DEMAT Account.

Q42. How much does TRADEBULLS Securities impose on its clients for the AMC of a DEMAT Account?

Ans. TRADEBULLS Securities imposes Rs.350 on its user for AMC of a DEMAT Account.

Q43. How much does TRADEBULLS Securities impose on its clients for the AMC of a Trading Account?

Ans. TRADEBULLS Securities imposes no charge on its user for AMC of a Trading Account.

Q44. How much does TRADEBULLS Securities impose on its clients as minimum margin money for trading?

Ans. TRADEBULLS Securities imposes Rs.0 – Rs.300,000 on its user as minimum margin money for trading.

Q45. How much does Tradebulls charges for Currency option brokerage fees?

Ans. Tradebulls charges Rs.50 – Rs.80 per Lot for Currency option brokerage fees.

Q46. How much does Tradebulls charges for Equity option brokerage fees?

Ans. Tradebulls charges Rs.50 – Rs.80 per Lot for Equity option brokerage fees.

Q47. How much do Tradebulls charges for Equity Delivery brokerage fees?

Ans. Tradebulls charges 0.10% – 0.30% for Equity Delivery brokerage fees.

Q48. How much does Tradebulls charges for Equity intraday brokerage fees?

Ans. Tradebulls charges 0.010% – 0.030% for Equity intraday brokerage fees.

Q49. How much do Tradebulls charges for Equity Futures brokerage fees?

Ans. Tradebulls charges 0.010% – 0.030% for Equity Futures brokerage fees.

Q50. How much do Tradebulls charges for Currency Futures brokerage fees?

Ans. Tradebulls charges 0.010% – 0.030% for Currency futures brokerage fees.

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