YES Securities Review

Category: Reviews | Author: Trading Brokers | Date: April 4, 2024

Navigating the world of investing can be a bit of a maze, but with the right guide, it can be a rewarding journey. That’s where YES Securities comes in. As one of India’s leading stock broking firms, they’ve got a lot to offer. YES Securities, a subsidiary of YES Bank, has carved out a niche for itself in the competitive world of stock broking. They offer a 3-in-1 account that links your bank account with your trading account, making the process of investing pretty seamless and efficient. In this review, we’ll delve deeper into what YES Securities brings to the table, from their competitive fees to their user-friendly trading platform. So, sit back, relax, and let’s get started on this journey through the world of YES Securities.

Pros & Cons

  • Provides higher leverage up to 40x on equity intraday trading
  • Has a dedicated research desk for technical and fundamental analysis
  • Offers a 3-in-1 account that integrates banking, Demat, and trading accounts for a seamless experience
  • Lacks a desktop trading platform, which might be a downside for some traders
  • Higher brokerage charges compared to some competitors
  • No access to commodities trading, limiting market diversity

Summary

YES Securities

YES Securities

YES Securities, a part of the well-established YES Bank, is a full-service broker that offers a range of services to its clients. One of their standout features is the 3-in-1 account, which integrates banking, Demat, and trading services, making the process of investing seamless and efficient. This is particularly handy for those who prefer to have all their financial services under one roof.


Their brokerage rates are competitive, ranging between 0.3% to 0.45% on delivery trades and 0.03% to 0.05% on Futures and intraday trades. This, coupled with their higher leverage of up to 40x on equity intraday trading, makes them a solid choice for both new and seasoned traders.

YES Securities also offers a dedicated research desk for technical and fundamental analysis. This is a great resource for investors looking to make informed decisions about their trades. But that’s not all. YES Securities also offers access to global investments, allowing clients to diversify their portfolios across 30+ global markets and 35,000+ investment instruments. So, whether you’re a seasoned trader or just starting out, YES Securities has something to offer.

The firm also stands out for its customer service. Clients have praised the promptness of the YES Securities team in attending to calls and queries, and the usefulness of the research recommendations provided. The trading platform is also reported to be user-friendly and easy to use, making the trading experience smooth and hassle-free. However, it is important to keep on reading to know more about this broker.

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Regulation

YES Securities are not just any securities firm. They’re registered with the Securities and Exchange Board of India (SEBI), which is a pretty big deal. Their SEBI Registration No. is IN/AIF3/20-21/0818. This means they’ve got the green light from the top regulatory authority for securities in India, and they’ve got to stick to some pretty strict rules to keep that status.

But that’s not all. They’re also a member of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and National Commodity & Derivatives Exchange (NCDEX). Their SEBI Registration No. for these exchanges is INZ000185632. So, they’re really in the thick of it when it comes to securities trading in India.

And to top it all off, they’re a SEBI Registered Category 1 Merchant Banker & Research Analyst. This means they can help companies issue securities to raise funds and provide research and advisory services to their clients.

So, YES Securities is pretty well-regulated, which is great news for anyone thinking about investing with them. But remember, it’s always a good idea to check out all your options. Please see a list of regulated brokers for some alternative options.

Platforms & Tools

When it comes to trading platforms, YES Securities has got you covered with their YES STOCK TRADER App. This app is like a Swiss Army knife for your investment needs. You can use it to invest in a whole bunch of things like Stocks, Currencies, Commodities, ETFs, Mutual Funds, and even IPOs. And the best part? You can access it all on the web too, so you’re not tied down to just your phone.


Now, let’s talk about the tools that YES Securities offers to make your trading life easier:

  • Enhanced Trade Tickets: These are like your golden tickets to trade, making the process smooth and efficient.
  • Fundamental and Technical Analytics Tool: Whether you’re into the nitty-gritty of company fundamentals or the patterns of technical analysis, they’ve got the tools for you.
  • Options Chain: For the options enthusiasts, this tool helps you visualize options strategies and understand the market better.
  • Performance Analysis: Keep track of how your investments are doing with comprehensive performance analysis tools.
  • Comprehensive Account Overview: Get a bird’s eye view of your account with all the details you need in one place.
  • Real-time Multi-asset Technical Trade Signals: Stay ahead of the game with trade signals that keep you informed in real-time across various assets.

Education

When it comes to learning about investing, YES Securities has got a bunch of resources to help you out. Let’s take a look at what they’ve got:

  • Blogs and Articles: These are great for getting a quick overview of different investment topics. They’re written in a way that’s easy to understand, so even if you’re new to investing, you’ll be able to get the gist.
  • Research: YES Securities has a highly experienced research team that provides expert advice. This can be super helpful when you’re trying to decide where to put your money.
  • Knowledge Center: This is like your personal library for all things investment-related. It’s packed with information that can help you make informed decisions about your investments.
  • The Wize Whispers: This is a unique offering from YES Securities. While the exact details aren’t specified, it sounds like a source of insightful information, possibly providing tips and predictions about the market.

So, whether you’re a seasoned investor or just starting out, YES Securities has got educational resources to help you on your journey.

Markets

YES Securities offers a pretty wide range of markets for you to invest in. Let’s break it down:

  • Equities: If you’re into buying and selling shares of companies, this is the market for you. You can invest in companies across various sectors and sizes.
  • Stock Options: Fancy a bit of options trading? YES Securities has got you covered. With stock options, you can bet on the future price of a stock without having to buy the stock itself.
  • Commodities: If you’re more into things like gold, oil, or wheat, the commodities market is where it’s at. It’s a great way to diversify your portfolio.
  • Forex: For those who like to play with currencies, the Forex market is a good fit. You can trade different currency pairs based on their exchange rates.
  • Bonds: If you’re looking for a more stable investment, bonds might be your thing. When you buy a bond, you’re essentially lending money to an entity (like a government or a corporation) in exchange for periodic interest payments and the return of the bond’s face value when it matures.
  • Futures: Futures are like options, but instead of having the option to buy or sell at a future date, you’re obligated to. It’s a bit more advanced, but it can be a good way to hedge against price changes.

So, whether you’re into stocks, commodities, or currencies, YES Securities has a market for you.


Accounts

YES Securities offers a pretty neat 3-in-1 Online Bank, Demat, and Trading Account. This is like the ultimate combo meal for your investment needs. Let’s break it down:

  • Online Bank Account: This is your standard bank account where you can keep your money. It’s linked to your trading and Demat accounts, making fund transfers super easy.
  • Demat Account: This is where your shares and securities are held in electronic form. It’s like a virtual safe for your investments.
  • Trading Account: This is the account you use to buy and sell securities. It’s linked to your bank and Demat accounts, so you can easily move money around and keep track of your investments.

So, with this 3-in-1 account, you’ve got everything you need to start investing, all in one place.

Funding

When it comes to funding your account with YES Securities, they’ve made it pretty straightforward. Here’s how you can do it:

  • Seamless Fund Transfer: If you’re using the YES SECURITIES platform, you can transfer funds seamlessly through your YES BANK account. This integration makes the process quick and hassle-free.

So, when you’re ready to start trading, you’ll just need to move your money into the designated accounts, and you’re all set.

Conclusion

In conclusion, YES Securities offers a comprehensive suite of services, including a convenient 3-in-1 account and a range of educational tools. Their integrated banking and trading services and competitive fees make them a solid choice for investors. However, for those looking for brokers with a longer history, it’s a good idea to consider other options as well. We encourage you to check out our trading brokers reviews for more information on alternative choices.


YES Securities Logo

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YES Securities is a full-service broker that offers a 3-in-1 account integrating banking, Demat, and trading services. It provides a range of investment options and a dedicated research desk for technical and fundamental analysis.

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


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