Tradebulls Review

Category: Reviews | Author: Trading Brokers | Date: October 4, 2023

Tradebulls, a prominent stockbroker firm with memberships in the NSE, BSE, and MCX-SX, stands as a versatile hub for trading and investment services. With a solid foundation dating back to its establishment in 2009 and a robust customer base of 72,160 active traders, Tradebulls Securities is a noteworthy player in the financial landscape. This review delves into various facets of Tradebulls, encompassing critical aspects such as regulatory adherence, trading platforms and tools, educational resources, available markets, diversified account options, and a comprehensive array of funding choices. Our exploration provides a thorough understanding of Tradebulls.

Pros & Cons

  • Tradebulls offers a proprietary trading platform called "Tradebulls Touch"
  • Tradebulls DIY Preset Stock screeners help traders make an educated decision when it comes to building their portfolio backed by fundamental and technical analysis
  • Tradebulls is a full-service stockbroker that offers online trading and demat account services
  • Tradebulls offers trading in Equity, Commodity, Currency, and Derivatives
  • Tradebulls has memberships with NSE, BSE, MCX-SX, MSEI, NCDEX, and MCX
  • Tradebulls offers expert services in Equity, Currency, Commodity Trading, Derivatives, and more
  • App performance issues
  • Limited information on the Tradebulls website
  • Service quality concerns
  • Hidden fees

Summary

 

Tradebulls, established in 2009, stands as a reputable stockbroker firm offering a wide spectrum of trading and investment services to an extensive customer base of 72,160 active traders. As a member of key Indian stock exchanges including NSE, BSE, and MCX-SX, Tradebulls is known for its full-service brokerage that covers cash, currency, and derivatives trading. Notably, Tradebulls Commodities Broking (P) Ltd, affiliated with MCX and NCDEX, extends its services into the realm of commodity trading. Their reach is expansive, with franchise agencies and sub-brokers spanning 12 major cities and 18 divisions, a testament to their widespread presence. Tradebulls is distinguished for its comprehensive stockbroking environment, underpinned by in-house trading platforms like Tradebulls PRO and Tradebulls TOUCH 2.0, enabling traders to access markets seamlessly.

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Regulation

Tradebulls follows the legal and ethical framework of the Indian financial system and provides reliable and trustworthy services and products to its customers. To do so, it has to comply with the regulations, rules, norms, guidelines, code of ethics, best practices and standards set by different authorities and organizations that oversee different aspects of the Indian financial system, such as SEBI, which is the main regulator for the securities markets and protects the interests of investors and market intermediaries; RBI, which is the central bank and the regulator of the money market and foreign exchange market and controls the monetary policy and capital flows; SROs, such as NSE, BSE, MSEI, NSDL and CDSL, which provide the market infrastructure and self-regulation for trading, clearing, settlement and depository services; and AMFI, which is an industry body that promotes the interests of mutual fund industry and investors and sets the standards and benchmarks for the industry. For investors seeking alternative options within the realm of regulated brokers, we encourage you to explore our list of regulated brokers, ensuring a comprehensive assessment of your investment choices.

Platforms & Tools

Tradebulls empowers traders and investors with a diverse array of platforms and tools designed to enhance their trading and investment experiences. These platforms and tools include:

  • Tradebulls PRO: A web-based trading platform, Tradebulls PRO offers a comprehensive set of features to streamline trading activities. It boasts an actionable watchlist, customizable widgets, a multi-view portfolio with bulk order capabilities, advanced charting tools, a compact order window for efficient execution, and the convenience of accessing all reports in a single view.
    Tradebulls PRO

    Tradebulls PRO

    This platform is engineered to cater to traders’ needs for real-time data and intuitive trading functionality.

  • Tradebulls TOUCH 2.0: For those who prefer to trade while on the move, Tradebulls offers the TOUCH 2.0 mobile app-based trading platform. This app provides traders with the flexibility to execute trades and manage their portfolios anytime, anywhere.
    Tradebulls TOUCH 2.0

    Tradebulls TOUCH 2.0

    Key features include real-time research calls, portfolio tracking, the ability to apply for Initial Public Offerings (IPOs), in-depth quotes, and comprehensive coverage of mutual funds. It’s a mobile solution that aligns with the modern trader’s need for accessibility and responsiveness.

  • Tools & Calculators: Recognizing the importance of informed decision-making, Tradebulls equips investors with a range of valuable tools and calculators. These tools include a mutual fund calculator for assessing returns, a SIP (Systematic Investment Plan) calculator for planning regular investments, a goal calculator to chart financial milestones, a one-time (lumpsum) calculator for single investments, a scheme performance calculator for evaluating mutual fund performance, and a margin calculator to aid in managing trading positions. These tools empower traders and investors with the insights needed to make well-informed financial choices.

Education

Tradebulls offers a valuable resource known as the Knowledge Hub. This educational hub serves as a learning gateway, enabling individuals to gain a comprehensive understanding of the stock market. The Knowledge Hub is structured to guide learners from fundamental concepts to advanced topics, making it accessible for both beginners and experienced traders.

Within this educational space, individuals can explore a wide range of stock market-related subjects. These topics encompass the basics of the capital market, equipping learners with foundational knowledge about how financial markets function. Additionally, the Knowledge Hub delves into the intricacies of the financial planning process, empowering individuals to make informed decisions about their investments and financial goals.

Whether one is just beginning their journey in the world of finance or seeking to deepen their understanding of advanced concepts, the Knowledge Hub offers a structured and accessible learning path to support their educational needs.

Markets

Tradebulls present a diverse spectrum of trading and investment opportunities across multiple financial markets, catering to the preferences and objectives of a broad range of investors. Here are some of the prominent markets and instruments offered by Tradebulls:

  • Equity Market: Tradebulls facilitate participation in the dynamic world of equities, allowing traders and investors to buy and sell shares of publicly listed companies. This provides individuals with the chance to engage in stock trading, potentially benefitting from the growth and performance of various enterprises.
  • Derivatives Market: Tradebulls extends access to the derivatives market, encompassing futures and options contracts tied to a variety of underlying assets. These derivatives can include stocks, indices, and commodities, offering traders the opportunity to engage in strategic trading and risk management.
  • Commodities Market: Through its subsidiary, Tradebulls Commodities Broking (P) Ltd, the brokerage enables commodity trading. Investors can explore a broad spectrum of commodities, including precious metals like gold and silver, energy resources such as crude oil and natural gas, agricultural products, and more. This diversification allows for portfolio expansion and risk management.
  • Currency Market: Tradebulls facilitate currency trading in the currency derivatives segment. This avenue permits traders to take positions on exchange rates between different currencies, participating in the foreign exchange (Forex) market, which is one of the largest and most liquid financial markets globally.
  • Mutual Funds: Recognizing the appeal of professionally managed investment portfolios, Tradebulls offers opportunities in mutual funds. Investors can engage in mutual fund investments, entrusting their capital to seasoned fund managers who construct diversified portfolios tailored to various risk profiles and objectives.
  • Initial Public Offerings (IPOs): Tradebulls provide access to IPO opportunities, allowing investors to participate in the initial offerings of shares by companies going public. This offers a chance to invest in emerging businesses during their early stages of market entry.

Accounts

Tradebulls offers a range of specialized accounts, each tailored to meet specific trading and investment needs. Here are some of the account types available through Tradebulls:

  • Trading Account: A fundamental requirement for participating in the stock market, Tradebulls provides online trading accounts that empower users to engage in trading across various asset classes, including equities, derivatives, commodities, and currencies. These accounts facilitate the seamless execution of trades in the dynamic financial markets.
  • Demat Account: Tradebulls offers demat accounts, a digital repository for holding securities in electronic form. This account type allows investors to securely maintain shares, bonds, mutual funds, and other eligible securities in a convenient and paperless format, streamlining the management of their investment portfolios. They offer three types of Demat accounts which include:
  • Regular Demat Account: Regular Demat accounts are for investors who reside in India and people who invest in equity shares only. A regular Demat account thus helps to store all the information digitally in one place for any type of equity trade made by an individual. It is highly safe and tracks each buy and sell equity.
  • Repatriable Demat Account: If an individual is an NRI (Non-resident Indian), a repatriable Demat Account Type is necessary to make any investment in the stock market of India. This type of account allows the transfer of money abroad. You need to have a Non-Resident External Bank Account to open a repatriable Demat Account. If you have recently become an NRI, you need to close the regular Demat account you were associated with as a resident of India. If you didn’t have a Demat account back then, you need to create a new one. Once you have done the account setup, your account is ready to make any fund transfer to the Non-Resident Ordinary Demat Account. As an NRI, your repatriable Demat account can only be used to make fund transfers up to USD 1 million from January- December.
  • Non-repatriable Demat Account: Like a Repatriable Demat Account, this type of account is for an NRI. But it differs on the point of fund transfer, non-repatriable Demat account doesn’t allow any transfer of the fund abroad. You must have an NRO bank account linked to the Demat account.
  • Paperless Account Opening: Tradebulls offers paperless account opening for both trading and demat accounts Customers can open an account online without the need for physical documents.
  • Guest User Account: Tradebulls offers a guest user account that allows customers to explore the trading platform and its features without opening a trading account.

Funding

Tradebulls provides a convenient and flexible range of deposit methods to facilitate funding of trading and investment accounts. Here’s an overview of the deposit options offered by Tradebulls:

  • Net banking: You can use your net banking facility to transfer funds from your bank account to your Tradebulls trading account. You need to add Tradebulls as a beneficiary and enter the amount and the purpose of the transfer. You can also use the UPI (Unified Payments Interface) option to make the transfer using your mobile phone.
  • Cheque or demand draft: You can also deposit a cheque or a demand draft in favor of Tradebulls at any of their branches or offices. You need to mention your name, client ID, and PAN number on the back of the cheque or demand draft. You also need to submit a copy of the cheque or demand draft along with a pay-in slip to Tradebulls.
  • Wire transfer: You can also use the wire transfer option to fund your Tradebulls account. You need to follow the instructions given on the Tradebulls website for wiring money into your account. You need to provide your name, client ID, bank name, bank account number, and the amount of the transfer. You also need to pay the charges for the wire transfer, which are $8 for domestic wires and $12.50 for international wires.

These are some of the common methods to fund your Tradebulls account. You can choose the one that suits your convenience and preference.

Conclusion

Tradebulls Securities, established in 2009, stands as a reputable stockbroker firm offering a wide spectrum of trading and investment services to an extensive customer base of 72,160 active traders. As a member of key Indian stock exchanges including the NSE, BSE, and MCX-SX, Tradebulls is known for its full-service brokerage that covers cash, currency, and derivatives trading. Notably, Tradebulls Commodities Broking (P) Ltd, affiliated with MCX and NCDEX, extends its services into the realm of commodity trading. Their reach is expansive, with franchise agencies and sub-brokers spanning 12 major cities and 18 divisions, a testament to their widespread presence. Tradebulls is distinguished for its comprehensive stockbroking environment, underpinned by in-house trading platforms like Tradebulls PRO and Tradebulls TOUCH 2.0, enabling traders to access markets seamlessly. This review delves into the intricacies of Tradebulls Securities, exploring their regulatory compliance, trading platforms, educational resources, available markets, account options, and funding methods, offering an encompassing insight into this notable stockbroker firm. However, it’s worth noting that while Tradebulls offers a robust suite of features and services, there are other brokerage firms with longer track records in the industry. For those seeking alternative options, we encourage you to explore our trading broker reviews. providing a comprehensive perspective on various brokerage choices available.

Tradebulls Logo

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Tradebulls Securities (P) Ltd. is a leading financial firm in India that offers reliable brokerage services and advanced wealth management. They provide services in equity, currency, commodity trading, derivatives, and more.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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