Reviews of Stock Brokers

Ambalal Shares Stocks

When it comes to investing in the stock market, choosing the right stockbroker is of utmost importance. It can significantly impact your trading experience, investment returns, and overall satisfaction. In this article, we will provide an in-depth review of Ambalal Shares Stocks, one of India's prominent Full Service Broker. We will evaluate various aspects, including brokerage charges, trading platforms, customer support, and more, to help you make an informed decision.


Ambalal Shares Stocks founded in 1990 by Jawarilal Jain is a Private company headquartered in Vellore, Tamil Nadu India. As a Full Service Broker, Ambalal Shares Stocks aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Ambalal Shares Stocks operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewAmbalal Shares Stocks
Broker TypeFull Service Broker
Type of companyPrivate
HeadquarterVellore, Tamil Nadu
FoundersJawarilal Jain
Foundation Year1990
Supported ExchangesNA
Total branchesNil

Ambalal Shares Stocks Account opening charges

To begin trading with Ambalal Shares Stocks, you need to open a trading account and a Demat account. Ambalal Shares Stocks charges Zero for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Rs.299 per Annum for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesAmbalal Shares Stocks
Trading Account Opening ChargesZero
Demat AMC (Annual Maintenance Charges)Rs.299 per Annum
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyMinimum Rs.10,000
Offline to Online ChargesYes
DepositoryCDSL & NSDL

Ambalal Shares Stocks Brokerage Charges

One of the main factors to consider when choosing a stockbroker is the brokerage charges. Ambalal Shares Stocks brokerage charges for various segments are as follows:

Equity Brokerage Charges

Equity Brokerage ChargesAmbalal Shares Stocks
Equity Delivery Brokerage0.10%
Equity Intraday Brokerage0.01%
Equity Futures Brokerage0.01%
Equity Options BrokerageRs.15 per Lot

Currency Brokerage Charges

Currency Brokerage ChargesAmbalal Shares Stocks
Currency Futures Brokerage0.01%
Currency Options BrokerageRs.10 per Lot

Commodity Brokerage Charges

Commodity Brokerage ChargesAmbalal Shares Stocks
Commodity Options Brokerage0.01%

Ambalal Shares Stocks Other Charges

In addition to brokerage charges, there are other charges to consider:

Other Brokerage ChargesAmbalal Shares Stocks
Minimum Brokerage ChargesPercentage of Transaction
Transaction Brokerage Charges0.00315%
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover
Call and Trade ChargesNA

Ambalal Shares Stocks Equity Leverage

Leverage enables traders to amplify their market exposure using a relatively smaller capital amount. Here's the leverage provided by Ambalal Shares Stocks:

Equity LeverageAmbalal Shares Stocks
Equity DeliveryUpto 2x
Equity IntradayUpto 6x
Equity FuturesUpto 2x
Equity OptionsUpto 4x

Ambalal Shares Stocks Currency Leverage

Currency LeverageAmbalal Shares Stocks
Currency FuturesUpto 2x
Currency OptionsUpto 3x

Ambalal Shares Stocks Commodity Leverage

Equity LeverageAmbalal Shares Stocks
CommodityUpto 3x

Ambalal Shares Stocks Offers

Numerous stockbrokers are enticing customers with attractive offers in order to expand their client base. Some of these enticing offers include:

OffersAmbalal Shares Stocks
Free Stock Trading AccountYes
Free Demat AccountNo
Flexible PlansNo
Brokerage DiscountsNo
Happy HoursNo
1 Month Free PlanYes
Holiday OffersNo
Referral ProgramNo
Zero Brokerage on Loss TradesNo

Ambalal Shares Stocks Features

FeaturesAmbalal Shares Stocks
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)Yes
Stocks SuggestionsNo
Robo AdvisoryNo
PMS (Portfolio Management Services)No
Trading InstitutionNo
Trading ExposureUpto 6x
Mutual FundsNo
SIP (Systematic Investment Plan)No
Forex TradingNo

Ambalal Shares Stocks Advisory Services

The key distinction between a discount broker and a full-service broker lies in the range of services offered and the rates at which they are provided.

ServicesAmbalal Shares Stocks
Fundamental ReportsNo
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsYes
Top PicksNo
Daily Market ReviewNo
Monthly ReportsNo
Weekly reportsNo
Offline AdvisoryYes
Relationship ManagerYes

Ambalal Shares Stocks Trading Platforms

The Ambalal Shares Stocks trading software comprises various trading platforms suitable for the diverse needs of the customers. It is built on IIFL's trading platform. It has been trusted by customers for the past two decades. The trading platform is available in three different forms. Namely: a mobile app, a web browser-based platform, and an installable desktop trading application.

Ambalal Shares Stocks Trading Platforms

Desktop Trading PlatformsAmbalal Shares Stocks
Desktop BrowserYes

Ambalal Shares Stocks Mobile App

The Ambalal Shares Stocks mobile app allows users to trade on the go and provides access to trading at BSE/NSE and robo advisory services. Customers can download the app for free from either the google app store or the apple app Store. The app is designed to be simple and intuitive, enabling users to buy stocks, trade in stock and currency futures & options, and invest in mutual funds, ETFs, bonds, and more.

Mobile AppAmbalal Shares Stocks
Mobile BrowserNo
Android AppNo
iOS AppNo
Windows AppNo
Other mobile osNo

Ambalal Shares Stocks Web Trading

For web-based trading, Ambalal Shares Stocks offers a powerful trading website known as Ambalal Shares Stocks trader station. This website can be accessed through any web browser on computers, laptops, mobile devices, or tablets. It provides a wide range of trading and investment options within a single domain. The web platform is seamlessly integrated with payment gateways and banks, enabling instant fund transfers.

Ambalal Shares Stocks Trade Terminal

Ambalal Shares Stocks offers a trade terminal, which is a downloadable trading terminal specifically developed for active traders seeking advanced trading features. This desktop application offers real-time data and advanced charts for monitoring intraday and historic stock prices. It also offers a variety of keyboard shortcuts to facilitate real-time market monitoring and faster order placement.

Ambalal Shares Stocks Customer Support

Customer SupportAmbalal Shares Stocks
Relationship ManagerNo
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support Branches37

Ambalal Shares Stocks Complaints

Understanding the number of customer complaints received by a brokerage firm can provide insights into the quality and reliability of their services. The following table shows the information regarding the complaints received by Ambalal Shares Stocks.

BSE ComplaintsAmbalal Shares Stocks
BSE Complaints0
BSE Resolved Complaints0
Percentage of resolved BSE complaintsNaN %
NSE Complaints4
NSE Resolved Complaints4
Percentage of resolved NSE complaints100.00 %
BSE/NSE Complaint vs. Resolved PercentageNaN %


In conclusion, Ambalal Shares Stocks offers a range of trading and investment options through its user-friendly platforms. With competitive pricing and several investment choices, it is one of the best options for investors. However, the lack of comprehensive customer support and the number of customer complaints are areas of concern. Considering all the features and user experience, Ambalal Shares Stocks can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.