‘Stock Markets’ bring a lot of varied images to the minds of different people. For some, it is trading under a Banyan Tree. That was back in 1800’s. With time, things changed and then trading used to happen in the ‘ring’ where prices were displayed and the ‘sauda’ happened verbally. When I was introduced to this amazing world of Stock Markets, it was because of my dad’s avid interest in it. He used to trade by sitting at the office of a nearby stock broker. Back then, we used to check the prices in the footer of TV channels and place orders on the broker’s terminal. That time, telephone calls were a luxury and internet was only for the elite.
In the last 5 years, a lot has changed in India. Now prices can be checked at your leisure. You may be in your office, home or even at the Bahamas. You just need your mobile and internet connection and a lot of websites and apps give you real time prices.
People trade these days in two primary ways:
With easy and fast availability of internet, people are fast moving towards the online method. Moreover, with a lot of young population taking interest in the stock market, they prefer to trade in the same way as they order food or do shopping – online!
This behavioral change has been recognized by the industry stakeholders and all traditional brokers are also now offering an online trading platform to their customers. Moreover, a lot of discount brokers have now mushroomed who are trying to attract the young generation.
With years of experience in this field and having traded by both traditional brokers and discount brokers, I decided to come up with this blog as a new, unique and noteworthy trading platform has come up and my experience with it has been extremely good.
The Indiabulls group needs no introduction and it wouldn’t be an exaggeration to say that it is one of the biggest and most reputed Financial Conglomerate of the nation. One of its arm is Indiabulls Ventures Limited (IVL). It is a leader in the Indian online trading segment and now it has launched ‘Indiabulls Shubh‘ which shall cater to the discount broking segment.
Before I give more details of Indiabulls Shubh, I want to tell you all the reason of me moving to it. I had been using a very well known discount broker platform for the past few years, but over and again, its platform used to hang up on major trading days. We see a huge volatility on major events like budget, FM speech, RBI press conferences, expiry days etc. It wouldn’t be an exaggeration to say that their platform hanged for atleast 50 times in the past 2 years and this count is only of the big glitches. Small and routine issues are an everyday problem now, and a lot of us traders have gotten used to it. However, there has always been a need to switch to a better discount broking platform. So the search has always been on! I tried a few other discount brokers in this search, but none were impressive enough, until I went on board with Indiabulls Shubh!
Except for the online convenience and a glitch-free modern platform, a major reason for a lot of us to trade on discount broker platforms is the low brokerage fee and the brokerage at Indiabulls Shubh is unbelievably attractive! It is India’s’s first unlimited trading platform with ‘Subscription based’ monthly pricing options. It has a choice of plans starting at Rs. 1000, and offers unlimited trading, along with:
As a Gujarati, I believe in going into the utmost depth of everything and hence I suggest you to do it too. Do not believe all this because I am telling you, I urge you to experience Indiabulls Shubh and know it yourself! As an introductory offer, the company is offering free trading for the first 30 days with no subscription charges for new customers. Moreover, customers can open their Demat/Trading Account online using the Indiabulls Shubh platform in few clicks!
Details of their brokerage and margin funding:
Let me give you a comparison of how your money will be saved:
Scenario 1 – For equity stocks
Scenario 2 – Futures and Options trading
Other key points which have attracted me towards Indiabulls Shubh:
Your goal should not only be to earn money, but to save it also! Because, money saved is money earned! We have Diwali round the corner, and I suggest you to gift yourself a lot of savings by getting on board with Indiabulls Shubh!