An important step in investing in the stock market is deciding which stockbroker to use. It has the ability to significantly impact your investment returns, trading experience, and overall satisfaction. So, in today’s article, we will talk about a comprehensive review of Ambalal Shares Stocks, which is one of the leading stockbrokers in India. To help you make an informed decision, we will assess numerous factors such as brokerage fees, customer support, trading platform, and much more.
Overview
Ambalal Shares Stocks is a Private company headquartered in Vellore, Tamil Nadu which is founded in 1990 by Jawarilal Jain. Ambalal-Shares-Stocks is a Full Service Broker that strives to provide cost-effective buy/sell orders, helping investors to save money when in comparison with Discount Broker. However, it is vital to note that Ambalal Shares Stocks work as a Discount Broker because it offers thorough investment advice and complete stock analysis to its clients. Ambalal Shares Stocks is an NSE and BSE-listed company with over Nil branches in India.
Overview
Ambalal Shares Stocks
Broker Type
Full Service Broker
Type of company
Private
Headquarter
Vellore, Tamil Nadu
Founders
Jawarilal Jain
Foundation Year
1990
Supported Exchanges
NA
Total branches
Nil
Ambalal Shares Stocks Account opening charges
You need to open a demat account and a trading account, to start trading with Ambalal Shares Stocks. So, to open a trading account with Ambalal Shares Stocks, you need to pay a fee of Zero. However, the trading annual maintenance charges of Ambalal Shares Stocks are free. And Demat annual maintenance charges are Rs.299 per Annum. There are also no fees for margin money or transfers from an offline to an online account. And Ambalal Shares Stocks is registered with CDSL i.e., Central Depository Services Limited as a Depository Participant (DP).
Account Opening and Demat Charges
Ambalal Shares Stocks
Trading Account Opening Charges
Zero
Demat AMC (Annual Maintenance Charges)
Rs.299 per Annum
Trading AMC (Annual Maintenance Charges)
Free
Margin Money
Minimum Rs.10,000
Offline to Online Charges
Yes
Depository
CDSL & NSDL
Ambalal Shares Stocks Brokerage Charges
Brokerage fees are an important factor to consider when choosing a stockbroker. Here are Ambalal Shares Stocks brokerage charges for various segments:
Equity delivery: There are no fees for equities delivery trades with Ambalal Shares Stocks This implies you can invest in equities without paying any brokerage charges.
Equity intraday: Ambalal Shares Stocks charges a brokerage fee of 0.01% per order.
Equity futures: The brokerage cost for equity futures is 0.01% per order as well.
Equity options: Ambalal Shares Stocks charges a brokerage fee of Rs.15 per Lot per order for trading equity options.
Currency: Unleash your trading potential with Ambalal Shares Stocks’s dynamic 0.01% per order charges.
Commodity: For commodity options trading, Ambalal Shares Stocks charges a brokerage fee of 0.01% per order.
Equity Brokerage Charges
Equity Brokerage Charges
Ambalal Shares Stocks
Equity Delivery Brokerage
0.10%
Equity Intraday Brokerage
0.01%
Equity Futures Brokerage
0.01%
Equity Options Brokerage
Rs.15 per Lot
Currency Brokerage Charges
Currency Brokerage Charges
Ambalal Shares Stocks
Currency Futures Brokerage
0.01%
Currency Options Brokerage
Rs.10 per Lot
Commodity Brokerage Charges
Commodity Brokerage Charges
Ambalal Shares Stocks
Commodity Options Brokerage
0.01%
Ambalal Shares Stocks Other Charges
Minimum brokerage charges: At Ambalal Shares Stocks, we’ve revolutionized our fee structure by introducing a unique minimum brokerage charge based on a Percentage of Transaction.
Transaction brokerage charges: A transaction brokerage fee of 0.00315% is to be paid by a customer.
SEBI turnover charges: The Securities and Exchange Board of India (SEBI) levies a 0.0002% of Total Turnover charge.
Stamp duty charges: The total amount of stamp duty charged is determined by the state and the type of asset.
GST charges: GST is charged at 18% of (Brokerage + Transaction Charges).
STT (Securities transaction tax): STT is levied at a rate of 0.0126% of Total Turnover by Ambalal Shares Stocks.
Call and trade charges: If you use call and trade service, the charges of Ambalal Shares Stocks are NA.
Other Brokerage Charges
Ambalal Shares Stocks
Minimum Brokerage Charges
Percentage of Transaction
Transaction Brokerage Charges
0.00315%
SEBI Turnover Charges
0.0002% of Total Turnover
Stamp Duty Charges
As per the state
GST Charges
18% of (Brokerage + Transaction Charges)
STT Charges
0.0126% of Total Turnover
Call and Trade Charges
NA
Ambalal Shares Stocks Equity Leverage
Leverage allows traders to enhance their market exposure while using a smaller quantity of capital. Ambalal Shares Stocks offers Upto 2x times leverage on equity delivery, Upto 6x times leverage on equity intraday, Upto 2x times leverage on equity futures, and Upto 4x times leverage on equity options.
Here is the leverage provided by Ambalal Shares Stocks:
Equity Leverage
Ambalal Shares Stocks
Equity Delivery
Upto 2x
Equity Intraday
Upto 6x
Equity Futures
Upto 2x
Equity Options
Upto 4x
Ambalal Shares Stocks Currency Leverage
Ambalal Shares Stocks also offers currency trading leverage. Leverage is available for Currency Futures up to Upto 2x times and Currency Options Upto 3x times.
Currency Leverage
Ambalal Shares Stocks
Currency Futures
Upto 2x
Currency Options
Upto 3x
Ambalal Shares Stocks Commodity Leverage
Ambalal Shares Stocks offers Upto 3x leverage for commodity trading.
Equity Leverage
Ambalal Shares Stocks
Commodity
Upto 3x
Ambalal Shares Stocks Offers
Many stockbrokers are enticing customers with appealing deals in order to boost their client base. Here are some of the fantastic deals that Ambalal Shares Stocks gives to its consumers. They give you a free stock trading account, a free demat account, and various brokerage discounts.
Offers
Ambalal Shares Stocks
Free Stock Trading Account
Yes
Free Demat Account
No
Flexible Plans
No
Brokerage Discounts
No
Happy Hours
No
1 Month Free Plan
Yes
Holiday Offers
No
Referral Program
No
Zero Brokerage on Loss Trades
No
Ambalal Shares Stocks Features
Discount Broker:Ambalal Shares Stocks, a reputable online stock broker in India, offers regular investors low-cost brokerage services. It imposes a brokerage fee of Percentage of Transaction executed, regardless of trade category, size, or exchange. They also offer Upto 6x trading leverage.
Range of Investment Products: Ambalal Shares Stocks is a one-stop shop for all of your financial investment requirements. It allows you to trade stocks, commodities, and currencies on the BSE, NSE, and MCX. It also provides investment opportunities in mutual funds, SIPs, gold, peer-to-peer lending, initial public offerings (IPOs), and currency trading.
Subscription Plans: Ambalal Shares Stocks paves the way for a personalized trading experience with its exclusive selection of subscription plans: the Basic Pack, Power Investor Pack, and Ultra Trader Pack. These services include a variety of features and perks, such as lower brokerage fees, research advisory, free trades, and specialised customer support.
Research and Advisory Services: Ambalal Shares Stocks differentiates out by offering comprehensive research and advising services. It provides solutions for both short-term and long-term investment ideas, as well as derivative methods and portfolio-based investment ideas. The platform also includes a portfolio analyzer tool for evaluating the overall performance of all your investments.
Margin Funding: Ambalal Shares Stocks provides margin funding services. These can be used to make partial payments on cash segment transactions. Ambalal Shares Stocks lends the remaining balance at a low interest rate.
Mobile Trading App and Trading Platforms: Ambalal Shares Stocks provides an easy-to-use mobile trading app, as well as a web-based trading platform and an installable trading terminal. These platforms provide flawless trading experiences and are built with cutting-edge technology. The mobile app gives users access to trading, robo-advisory, and a variety of investment choices.
Demat Account Services: Ambalal Shares Stocks offers demat account services through its membership with CDSL. It has been designated as a top depository participant by the CDSL.
Low Charges: Ambalal Shares Stocks is recognised in the brokerage sector for having the lowest fees. Unleash your trading potential with Ambalal Shares Stocks’s 0.01% brokerage fee and exclusive value-add packs for enhanced benefits. 5Paisa also provides free account opening and no-brokerage mutual funds.
Algo Trading and Robo Advisory: Ambalal Shares Stocks provides robo-advisory and algo trading services to its clients. These services enable in the automation of trading strategies and provide tailored investment advice based on risk profiles and expected returns.
Customer Support: Ambalal Shares Stocks offers personally tailored customer service to its consumers. The power investor and ultra trader packs both feature free customer assistance.
Features
Ambalal Shares Stocks
Equity Delivery Trading
Yes
Equity Intraday Trading
Yes
Equity Futures Trading
Yes
Equity Options Trading
Yes
Currency Trading
Yes
Commodity Trading
Yes
IPO (Initial public offering)
Yes
Stocks Suggestions
No
Robo Advisory
No
PMS (Portfolio Management Services)
No
Trading Institution
No
Trading Exposure
Upto 6x
Mutual Funds
No
SIP (Systematic Investment Plan)
No
Forex Trading
No
Banking
No
Insurance
No
Ambalal Shares Stocks Advisory Services
The primary distinction between a full-service broker and a discount broker is the range of services given and the prices charged.Ambalal Shares Stocks offers research papers with the top recommendations, which are developed by industry specialists. On their website, Ambalal Shares Stocks also offers annual reports, as well as daily market reviews and weekly reports.
Services
Ambalal Shares Stocks
Fundamental Reports
No
Research Reports
No
Company Reports
No
Annual Reports
No
Company Stock Review
No
Free Stock Tips
Yes
IPO Reports
Yes
Top Picks
No
Daily Market Review
No
Monthly Reports
No
Weekly reports
No
Offline Advisory
Yes
Relationship Manager
Yes
Ambalal Shares Stocks Trading Platforms
To fulfil the various needs of its consumers, the Ambalal Shares Stocks trading software comprises a number of trading platforms. It was built on the IIFL trading platform, and clients have trusted it for more than two decades now. A web browser-based platform, mobile app and an installable desktop trading application are the three types of trading platforms.
Ambalal Shares Stocks Trading Platforms
Desktop Trading Platforms
Ambalal Shares Stocks
Windows
Yes
Mac
Yes
Desktop Browser
Yes
Ambalal Shares Stocks Mobile App
Ambalal Shares Stocks offers mobile trading through the Ambalal Shares Stocks app, including BSE/NSE trading and robo-advisory services. This app is compatible with iOS, Android, and mobile browsers. With the software, users are able to buy stocks, trade futures and options, and invest in mutual funds, exchange traded funds, bonds, and other investments.
Mobile App
Ambalal Shares Stocks
Mobile Browser
No
Android App
No
iOS App
No
Windows App
No
Other Mobile OS
No
Ambalal Shares Stocks Customer Support
Online trading support: Ambalal Shares Stocks can assist customers with online trading. A range of trading platforms are available for traders, including mobile apps, online browsers, and desktop programs.
24*7 support: Ambalal Shares Stocks offers its consumers 24-hour support. The customer service team is available and accessible 24/7, which means you can contact them at any time, even during non-business hours.
Email support: Customers can contact Ambalal Shares Stocks5Paisa’s customer support staff via email if they require assistance. Customers can send their queries and issues to the company’s email address.
Customer Support
Ambalal Shares Stocks
Relationship Manager
No
Offline Trading
Yes
Online Trading
Yes
24 * 7 Support
No
Email Support
Yes
Chat Support
No
Toll free number
No
Support Branches
37
Ambalal Shares Stocks Complaints
Brokerage firms can assess the quality and reliability of their services by evaluating how many complaints they receive. There are a total of 0 BSE complaints, of which 0 have been resolved, which amounts to NaN % in percentage terms. And, when it comes to NSE complaints, there are 4 of them, with 4 of them resolved, for a percentage of 100.00 %. And the percentage of BSE/NSE complaints resolved is NaN %
The table below highlights the complaints acquired by Ambalal Shares Stocks.
BSE Complaints
Ambalal Shares Stocks
BSE Complaints
0
BSE Resolved Complaints
0
Percentage of resolved BSE complaints
NaN %
NSE Complaints
4
NSE Resolved Complaints
4
Percentage of resolved NSE complaints
100.00 %
BSE/NSE Complaint vs. Resolved Percentage
NaN %
Conclusion
In conclusion, Explore Ambalal Shares Stocks’s intuitive platforms for a diverse range of trading and investment opportunities, tailored to your needs. It is one of the best possibilities for investors, with low prices and a wide range of investment prospects. However, the absence of comprehensive customer support, as well as the number of consumer complaints, are cause for concern. In light of all the features and user experience, Ambalal Shares Stocks can be considered a good stock broker, but you must carefully evaluate the pros and cons before choosing it.