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Indiabulls Securities logoIndiabulls Securities review

₹11 flat per order across every segment

3.6/ 5App: 4.0/5
  • Since 2003
  • Delivery 2.5% or ₹11 per order
  • AMC ₹25 + GST per month
Open an account with Indiabulls SecuritiesCompare Indiabulls Securities →SEBI stockbroker INZ000036136 | Member: NSE, BSE, MCX | DP: NSDL + CDSL | AMFI distributor

Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test

Fees & pricing4.4
Trading platforms4.0
Customer support3.5
Research & education3.2
Ease of opening4.0

Overview

Rebranded Dhani Stocks: assisted plus DIY broker with the lowest headline flat in the set — ₹11 across equity, F&O, currency and commodity — with algo tools and RM guidance.

Best for: Cost-obsessed all-segment traders wanting one flat plus algo tools.

Pros & cons

What we like

  • Cheapest headline flat: ₹11 every segment
  • Free opening with no inactivity fees
  • Trader toolkit: algo, TradingView, FnO analytics plus RM

Watch out for

  • Monthly AMC — the only monthly-billing broker here
  • MTF at flat 14% runs steep
  • Rebrand history muddies legacy reviews

Fees & charges

Account charges

Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
No opening charges✓ Verified 14/9/2026Source: Indiabulls Securities pricing page · Static-verified
Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
₹25 + GST per month✓ Verified 14/9/2026Source: Indiabulls Securities pricing page · Static-verified

Equity

Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
2.5% or ₹11 per order✓ Verified 14/9/2026Source: Indiabulls Securities pricing page · Static-verified
IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
2.5% or ₹11 per order✓ Verified 14/9/2026Source: Indiabulls Securities pricing page · Static-verified

Derivatives (F&O)

OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
2.5% or ₹11 per order✓ Verified 14/9/2026Source: Indiabulls Securities pricing page · Static-verified
FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
2.5% or ₹11 per order✓ Verified 14/9/2026Source: Indiabulls Securities pricing page · Static-verified
Source & freshness
Source
Each broker's official pricing page (per-row source links above)
Timeliness
Static-verified
Verified
14/9/2026
Method
reported
Note
Re-checked against official pages; unverified rows show Confirming. Never a live tick.

Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.

What you can invest in

Stocks (delivery)
✓ Yes
Intraday
✓ Yes
Futures & options
✓ Yes
Mutual funds
✓ Yes
IPOIPO + MF distribution
✓ Yes
US stocks
—
Trading APIIB Algo + no-code automation
✓ Yes

Platforms & features

platforms

  • Mobile app✓ · Indiabulls Securities: Stocks app

investing

  • IPO investing✓ · IPO + MF distribution

trading

  • Charting✓ · TradingView + option analytics
  • Trading API✓ · IB Algo + no-code automation

research

  • Research & advisory✓ · RM-assisted model

Support & company

Customer support

Support channels not yet listed — check the broker's contact page.

Company facts

Founded
2003
Regulation
SEBI stockbroker INZ000036136 | Member: NSE, BSE, MCX | DP: NSDL + CDSL | AMFI distributor
Our verdict
Lowest flat on paper; net benefit depends on monthly AMC and MTF versus your volume.

How to open a Indiabulls Securities account

  1. Start your application

    Open the Indiabulls Securities signup with your mobile number and email — it takes about 10 minutes.

  2. Complete e-KYC

    Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).

  3. E-sign documents

    Digitally sign the account-opening form and nomination details via Aadhaar e-sign.

  4. Get your client ID

    Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.

Start your Indiabulls Securities application

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Brokerage history

No price changes recorded since tracking began — current fees verified 14/9/2026. How monthly tracking works →

Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.
Open an account with Indiabulls Securities

Official site — pricing varies by plan, verify before acting.