Reviews of Stock Brokers

Tradebulls Securities

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 Tradebulls Securities, 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.


Tradebulls Securities founded in 2009 by Mr.Dinesh Thakkar is a Private company headquartered in Mumbai India. As a Full Service Broker, Tradebulls Securities aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Tradebulls Securities operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewTradebulls Securities
Broker TypeFull Service Broker
Type of companyPrivate
FoundersMr.Dinesh Thakkar
Foundation Year2009
Supported ExchangesNA
Total branchesNil

Tradebulls Securities Account opening charges

To begin trading with Tradebulls Securities, you need to open a trading account and a Demat account. Tradebulls Securities charges Free or Rs.299 for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Free or Rs.300 for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesTradebulls Securities
Trading Account Opening ChargesFree or Rs.299
Demat AMC (Annual Maintenance Charges)Free or Rs.300
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyRs.0 – Rs.300,000
Offline to Online ChargesYes

Tradebulls Securities Brokerage Charges

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

Equity Brokerage Charges

Equity Brokerage ChargesTradebulls Securities
Equity Delivery Brokerage0.10% – 0.30%
Equity Intraday Brokerage0.010% – 0.030%
Equity Futures Brokerage0.010% – 0.030%
Equity Options BrokerageRs.50 – Rs.80 per Lot

Currency Brokerage Charges

Currency Brokerage ChargesTradebulls Securities
Currency Futures Brokerage0.010% – 0.030%
Currency Options BrokerageRs.50 – Rs.80 per Lot

Commodity Brokerage Charges

Commodity Brokerage ChargesTradebulls Securities
Commodity Options Brokerage0.010% – 0.030%

Tradebulls Securities Other Charges

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

Other Brokerage ChargesTradebulls Securities
Minimum Brokerage ChargesRs.30 per Trade
Transaction Brokerage Charges0.00325% of Total Turnover
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 ChargesNil

Tradebulls Securities Equity Leverage

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

Equity LeverageTradebulls Securities
Equity DeliveryUpto 6x
Equity IntradayUpto 60x
Equity FuturesUpto 20x
Equity OptionsUpto 20x

Tradebulls Securities Currency Leverage

Currency LeverageTradebulls Securities
Currency FuturesUpto 10x
Currency OptionsUpto 10x

Tradebulls Securities Commodity Leverage

Equity LeverageTradebulls Securities
CommodityUpto 40x

Tradebulls Securities Offers

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

OffersTradebulls Securities
Free Stock Trading AccountYes
Free Demat AccountYes
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersNo
Referral ProgramYes
Zero Brokerage on Loss TradesNo

Tradebulls Securities Features

FeaturesTradebulls Securities
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)Yes
Trading InstitutionYes
Trading ExposureUpto 60x
Mutual FundsYes
SIP (Systematic Investment Plan)Yes
Forex TradingNo

Tradebulls Securities 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.

ServicesTradebulls Securities
Fundamental ReportsYes
Research ReportsYes
Company ReportsYes
Annual ReportsYes
Company Stock ReviewYes
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly reportsYes
Offline AdvisoryYes
Relationship ManagerYes

Tradebulls Securities Trading Platforms

The Tradebulls Securities 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.

Tradebulls Securities Trading Platforms

Desktop Trading PlatformsTradebulls Securities
Desktop BrowserYes

Tradebulls Securities Mobile App

The Tradebulls Securities 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 AppTradebulls Securities
Mobile BrowserYes
Android AppYes
iOS AppYes
Windows AppNo
Other mobile osNo

Tradebulls Securities Web Trading

For web-based trading, Tradebulls Securities offers a powerful trading website known as Tradebulls Securities 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.

Tradebulls Securities Trade Terminal

Tradebulls Securities 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.

Tradebulls Securities Customer Support

Customer SupportTradebulls Securities
Relationship ManagerYes
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support Branches10

Tradebulls Securities 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 Tradebulls Securities.

BSE ComplaintsTradebulls Securities
BSE Complaints168
BSE Resolved Complaints162
Percentage of resolved BSE complaints96.43 %
NSE Complaints203
NSE Resolved Complaints200
Percentage of resolved NSE complaints98.58 %
BSE/NSE Complaint vs. Resolved Percentage97.48 %


In conclusion, Tradebulls Securities 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, Tradebulls Securities can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.