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Indiabulls Shubh Broker Review 2023 - A Detailed Product Guide with Regulations

Indiabulls Shubh is an Indian Broker with good experience in trading field. But before using this platform you need to know about its account types and charges which will help you to decide whether to use Indiabulls Shubh or not. Here in this article, tradingcritique.com gives you a comprehensive review of Indiabulls Shubh that teaches all you need to know about trading with Indiabulls.

Regulation: The Securities and Exchange Board of India (SEBI)

Account Types: Demat and trading account

Demo Account: NO

Islamic Account: NO

Market Instruments: Equity Trading, Derivative Trading, Commodity Trading, Currency
Trading, IPO, Mutual Funds, SIPs

Trading Platforms: Shubh Mobile, Shubh Web, POWER Indiabulls

Maximum Leverage: 5X

Customer Support (24/7): 24/5

Customer Support Languages: English

Indiabulls Shubh – An Intro

Indiabulls Shubh is a brand of Indiabulls Shubh Ventures Ltd, one of India’s oldest stockbrokers, which has been in business since 2000. Dhani Services was renamed as Indiabulls Shubh Ventures with effect from October 6, 2020.With a dedicated sales staff of over 900 people spread over 18+ locations.

Indiabulls Shubh Ventures has over seven lakh consumers. The group has a net value of more than 28,580 Cr. Indiabulls places a great emphasis on technology and the market, ensuring that all of its enterprises adhere to the Group philosophy ofOn for Tomorrow.

Indiabulls shubh is a top stock broker in India, with features such as limitless trading plans, free trading platforms, free call and trade, free research, and zero interest margin funding.

Image 1: Home page in the Indiabulls shubh website

Screenshot from the Home page of Indiabulls shubhwebsite

Image Copyrights reserved to Indiabulls shubh website

Regulations & Trustability Review of Indiabulls Shubh Broker

Sameer Gehlaut founded the business in 1995. The brokerage house is a public limited company with its headquarters in Mumbai, Maharashtra. It is a SEBI registered broker that has been in the stock trading business for a long time. Among its key enterprises, the Group’s flagship company, Indiabulls Shubh Housing Finance, is rated AA by prominent rating agencies such as CRISIL and CARE.

Indiabulls Real Estate is a top real estate developer involved in the construction of outstanding landmark projects. All of the Group’s firms operate independently and are publicly listed on the Bombay Stock Exchange and the National Stock Exchange.

Table 1: Indiabulls shubhMembership details

Membership of Indiabulls

SEBI Registration No

INZ000007534

BSE Membership No

907 [CM, FNO]

NSE Membership No

08756 [CM, FNO, CDS]

Financial Instruments & Assets Review of Indiabulls Shubh Broker

The services given by Indiabulls Shubh Ventures are fantastic, and you do not have to rush around to other brokerage houses to trade different financial instruments.

Trading Assets of Indiabulls:

Equities
Derivatives
Commodities
Currency
IPO
Mutual Funds
SIP

Indiabulls Equity Trading

Indiabulls Shubh Knowledge bites

Indiabulls Shubh is a discount stockbroker that offers extremely inexpensive brokerage rates. Indiabulls shubh is a top stockbroker in India, with features such as limitless trading plans, free call and trade, free research, free trading platforms, and zero interest margin funding. The organization offers a wide range of services, including trading, depository, and research services, as well as high- quality trading platforms. They are the first in the country to launch Internet-based trading platforms.

Indiabulls Derivative Trading

Indiabulls Shubh Commodity Trading

Indiabulls Currency Trading

IPO

OTC Derivative trading in Indiabulls

Indiabulls Mutual Funds

Indiabulls SIP

Trading Platforms Review of Indiabulls Shubh Broker

The Indiabulls Ventures’ Shubh trading platforms are now among the greatest in the country. They provide a fast, accurate, and effective trading opportunity.

Trading Platforms of Indiabulls:

  Shubh Mobile
  POWER Indiabulls
  Shubh Web

Shubh Mobile

This is currently recognized as one of the most advanced mobile application-based trading platforms. On this application, you automatically receive margin funding at a rate of 12%. If you live in a first or second-tier city, you can use this app as a trading terminal to make orders quickly and easily.

While trading, you may obtain immediate assistance from customer service representatives by utilizing this application. You can create an account in just a few minutes by downloading the Shubh App, which is available for Android and iOS.

Image 2: Features of Shubh Mobile in the Indiabulls shubh website

Features of Shubh Mobile in the Indiabulls shubhwebsite

Image Copyrights reserved to Indiabulls shubh website

POWER Indiabulls

The firm’s most talked-about trading platform is its terminal PIB Indiabulls, which is a program that must be installed on a desktop or laptop running Windows or MAC. This POWER Indiabulls shubh app is ideal for traders who trade daily and in large volumes.

Image 3: Features of POWER Indiabulls shubh listed on its website

Features of POWER Indiabulls shubhin the Indiabulls shubhwebsite

Image Copyrights reserved to Indiabulls shubh website

Shubh Web

IB Ventures introduced internet trading in the Indian market, and their online trading platform is currently regarded as one of the finest in the industry. Customers may use Indiabulls trading website to make orders, track transactions, invest in initial public offerings (IPOs) and mutual funds, transfer funds, maintain portfolios, and access research papers and news.

Image 4: Features of Shubh Web listed on the Indiabulls shubhwebsite

A screenshot of Features of Shubh Web in the Indiabulls shubhwebsite

Image Copyrights reserved to Indiabulls shubh website

Review on Types of Account of Indiabulls Shubh Broker

You do not need to spend anything to create an Indiabulls Ventures Shubh account. Clients can get a free Indiabulls shubh Ventures Demat account and trading account.

Accounts of Indiabulls:

Demat Account
Trading account

Brokerage Plans Review of Indiabulls Shubh Broker

This firm provides two types of Indiabulls Shubh brokerage plans, which are given below

4 types of Brokerage Plans of Indiabulls:

Unlimited Trading Plan
F&O Plan
Equity Plan
Base Plan

Indiabulls Unlimited Trading Plans

In equity, currency, futures, and options, Indiabulls Shubh Securities share provides unlimited monthly membership subscriptions.

Indiabulls F&O Plans

For a monthly subscription of INR 1000, the plan provides unrestricted trading in equity and currency derivatives.

Indiabulls Equity Plan

The plan allows for unlimited equity delivery and intraday trading, with a 5x intraday exposure.

Indiabulls Base Plan

Traders who do not subscribe to unlimited plans are charged Rs. 15 per trade across all segments by default. Traders whose subscription to the monthly unlimited trading plan expires are immediately switched to this default Base plan.

Review on Fees & Commissions of Indiabulls shubhBroker

The maximum fee for each transaction cannot exceed Rs.15, regardless of the volume traded, which is extremely beneficial for traders who trade large volumes daily.

Table 2: Fees and commissions of Indiabulls

Indiabulls Assets Brokerage Charge Transaction Charges Turnover Charges

Equity Options

Rs 15 per trade

0.0550%

0.055% (on premium)

Equity Futures

0.00250%

0.0025% of Turnover.

Equity Intraday

Free

0.00325%

0.00325% of
Turnover

Equity Delivery

0.00325%

0.00325% of
Turnover

Currency Options

Rs 15 per trade

0.0550%

0.055% (on premium)

Currency Futures

0.00250%

0.0025%.

Commodity

0.03%

0.0030%

0.003%.

Account Opening Charges

Demat Account Opening Charges

Free

Demat Account
AMC

Rs 450

Trading Account
Opening Charges

Rs 500

AMC

Free

Funding & Withdrawal methods Review of Indiabulls Shubh Broker

The funding and withdrawal methods are almost instantaneous with Indiabulls Shubh. Table 3 lists the processing time of various methods.

Table 3: Deposit & Withdrawal methods & processing time in Indiabulls

Indiabulls Deposit &Withdrawal methods Processing time

Payment Gateway

Instant

NEFT/RTGS

2 Hours

Cheque

1-3 Days

Leverage Review of Indiabulls Shubh Broker

The leverage or exposure of Indiabulls Shubh Ventures is lower than that of any of its competitors. It only gives up to five times leverage. Less leverage can be an advantage for traders who are beginners as they might not lose more money on using leverage. But expert traders cannot see much profits with less leverage.

Table 4: Maximum Leverage of Assets available in Indiabulls

Indiabulls Assets Maximum Leverage

Equity Intraday

Up to 5X

Commodities Option

1x

Commodities Future

Currency Options

Currency Futures

Equity Options

Equity Futures

Equity Delivery

Special Features to trade in Indiabulls Shubh Broker

Indiabulls Shub is an advanced trading platform available in India which also provides a variety of trading tools that can help traders. There are many special features that the traders can use for their advantage which are explained below.

Features available for Trading in Indiabulls Shubh:

  Trade on the Call
  Margin Trading at Zero Interest

Trade on the Call

Customers of Indiabulls can utilize the ‘Phone Trade Facility’ to place trading orders at any time by dialling the central dealing desk. The Indiabulls shubh Call & Trade Facility is provided to all of its clients at no cost.

Margin Trading at Zero interest

The interest-free margin fund amount is determined by the unlimited plan you select.

Table 5: Indiabulls shubh monthly fees for margin Funding

S.N o Indiabulls Monthly Fee Margin Funding (0 %)

1

1000

0

2

2000

1,00,000

3

3000

2,00,000

4

5000

3,25,000

5

75000

5,00,000

6

10000

6,50,000

7

12500

8,50,000

8

15000

10,00,000

9

20000

12,50,000

10

25000

15,00,000

11

30000

17,50,000

12

35000

20,00,000

13

45000

22,50,000

14

50000

25,00,000

15

100000

50,00,000

Other Features available in Indiabulls Shubh

Other than trading you can use India bulls for various other things such as,

Read further to know about the Loan against Property, Home Loans and Real Estate of Indiabulls.

Indiabulls Loan against Property

The Indiabulls Loan against Property is a property mortgage loan that can help you get the money you need to invest in your business. Loan against Properties from Indiabulls Home Loans may provide you with the most money possible against the market worth of your home at the lowest mortgage loan interest rates.

Image 5: Loan against property section in the Indiabulls shubh website

A Screenshot of Loan against property section in the Indiabulls shubhwebsite

Image Copyrights reserved to Indiabulls shubh website

Indiabulls Home loan

A home loan is a loan used to buy a ready-to-move-in home, a property under construction, or a piece of land on which you want to build a home. Indiabulls home loans allow you to apply, obtain approval, and complete disbursement at any time and from any location.

Image 6: Home Loan section on the Indiabulls shubh website

A Screenshot of Home Loan section in the Indiabulls shubhwebsite

Image Copyrights reserved to Indiabulls shubh website

Indiabulls Real Estate

The availability of high-quality dwelling and commercial spaces is quite limited in India. Since its incorporation in 2006, Indiabulls shubh Real Estate has been devoted to developing excellent commercial and residential buildings, as well as social-economic zones.

In cities including Mumbai, Gurugram, Chennai, Madurai, Ahmedabad, and Thane, it has already established its landmarks. They are not just restricted to the countryside, but also high-profile projects in upmarket London.

Image 7: Real estate section on the Indiabulls shubhwebsite

A Screenshot of Real estate section in the Indiabulls shubhwebsite

Image Copyrights reserved to Indiabulls shubh website

Bonus & Offers Review of Indiabulls Shubh Broker

For the first month, Shubh Unlimited Trading is accessible for free. There are no yearly maintenance fees for the trading account. You can get a variety of discounts on the brokerage you produce by trading with them. There is an option to earn money and presents by introducing other prospective investors to the brokerage company.

Research & Education Review of Indiabulls Shubh Broker

Fundamental reports, corporate reports, research reports, yearly reports, Stock analyses, and free stock recommendations are all available. You can learn everything you need to know about the market’s impending IPOs by reading their IPO reports in Indiabulls.

Trade the greatest stock of the day with their top choices of the day. Offline advising and relationship manager’s services are among the Indiabulls Shubh Ventures’ advisory services.

Pros and Cons of Indiabulls Shubh Broker

Indiabulls sure have some advantages and disadvantages. They are listed in below Table 6.

Table 6: Pros and Cons of Indiabulls shubh Broker Platform

Indiabulls Shubh Pros Indiabulls Shubh Cons

They provide all of the services of a full-service broker while charging the price of a bargain broker.

They offer all of the data and statistics that customers want to trade in a competitive market like India.

The company's trading applications allow you to keep track of your portfolio.

TIt boasts one of the best trading platforms in the country since it was the first broker to provid online trading to an Indian trader.

The company gives exclusive deals and services to non-resident Indians.

The organization provides investing and trading opportunities in every asset type imaginable.

It charges fees for using a trading terminal.

There is no such thing as a three-in-one
account.

There are no online discussion blogs or
forums available.

Customer Support Review of Indiabulls Shubh Broker

The Indiabulls Shubh Ventures’ customer service experts are there for all your inquiries around the country, with over 200 branches. It is the role of the brokers to be active in live chats, E-mails, hotline lines, and discussion forums. Customer support is available only in English.

Table 7: Customer support service of Indiabulls

Indiabulls Shubh Customer Support

Registered
office address

M - 62 & 63, First Floor,
Connaught Place, New
Delhi - 110001

Helpline
Number

022-6144 6300

Service Hours

Customers can call us
between 9:00 A.M. to 6:00
P.M. (Monday to Friday
excluding Trading
Holidays).

Indiabulls Shubh social media pages:

Facebook @indiabull
 YouTube Indiabulls Securities
Twitter @IVLSecurities
 Email helpdesk@dhani.com

Indiabulls Shubh In a Nutshell

Tell your views about Indiabulls Shubh in the Comments sections. If you have any doubts about trading ask your doubts in the Comments section for our Trading Critique experts to answer them. Check the Broker Reviews of trading platforms available globally in the Broker Review section of tradingcritique.com.

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