Fortune Trading Review

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 Fortune Trading, 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.


Fortune Trading is a Public company headquartered in Chennai which is founded in 2004 by Mr. K. Narayana Moorthy. Fortune-Trading is a Discount Broker that strives to provide cost-effective buy/sell orders, helping investors to save money when in comparison with Full Service brokers. However, it is vital to note that Fortune Trading work as a Full Service brokers because it offers thorough investment advice and complete stock analysis to its clients. Fortune Trading is an NSE and BSE-listed company with over Nil branches in India.

OverviewFortune Trading
Broker TypeDiscount Broker
Type of companyPublic
FoundersMr. K. Narayana Moorthy
Foundation Year2004
Supported ExchangesNA
Total branchesNil

Fortune Trading Account opening charges

You need to open a demat account and a trading account, to start trading with Fortune Trading. So, to open a trading account with Fortune Trading, you need to pay a fee of Rs.525. However, the trading annual maintenance charges of Fortune Trading are free. And Demat annual maintenance charges are Free. There are also no fees for margin money or transfers from an offline to an online account. And Fortune Trading is registered with CDSL i.e., Central Depository Services Limited as a Depository Participant (DP).

Account Opening and Demat ChargesFortune Trading
Trading Account Opening ChargesRs.525
Demat AMC (Annual Maintenance Charges)Free
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyYes
Offline to Online ChargesYes

Fortune Trading Brokerage Charges

Brokerage fees are an important factor to consider when choosing a stockbroker. Here are Fortune Trading brokerage charges for various segments:

  • Equity delivery: There are no fees for equities delivery trades with Fortune Trading This implies you can invest in equities without paying any brokerage charges.
  • Equity intraday: Fortune Trading charges a brokerage fee of Rs.20 per order per order.
  • Equity futures: The brokerage cost for equity futures is Rs.20 per order as well.
  • Equity options: Fortune Trading charges a brokerage fee of Rs.20 per order for trading equity options.
  • Currency: Unleash your trading potential with Fortune Trading’s dynamic Rs.20 per order charges.
  • Commodity: For commodity options trading, Fortune Trading charges a brokerage fee of NA.

Equity Brokerage Charges

Equity Brokerage ChargesFortune Trading
Equity Delivery BrokerageRs.20 per order
Equity Intraday BrokerageRs.20 per order
Equity Futures BrokerageRs.20 per order
Equity Options BrokerageRs.20 per order

Currency Brokerage Charges

Currency Brokerage ChargesFortune Trading
Currency Futures BrokerageRs.20 per order
Currency Options BrokerageRs.20 per order

Commodity Brokerage Charges

Commodity Brokerage ChargesFortune Trading
Commodity Options BrokerageNA

Fortune Trading Other Charges

  • Minimum brokerage charges: At Fortune Trading, we’ve revolutionized our fee structure by introducing a unique minimum brokerage charge based on a Rs.20.
  • Transaction brokerage charges: A transaction brokerage fee of 0.0019% 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 0.01% of Total Turnover by Fortune Trading.
  • Call and trade charges: If you use call and trade service, the charges of Fortune Trading are NA.
Other Brokerage ChargesFortune Trading
Minimum Brokerage ChargesRs.20
Transaction Brokerage Charges0.0019%
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.01% of Total Turnover
Call and Trade ChargesNA

Fortune Trading Equity Leverage

Leverage allows traders to enhance their market exposure while using a smaller quantity of capital. Fortune Trading offers Zero times leverage on equity delivery, Upto 15x times leverage on equity intraday, Upto 15x times leverage on equity futures, and Zero times leverage on equity options.

Here is the leverage provided by Fortune Trading:

Equity LeverageFortune Trading
Equity DeliveryZero
Equity IntradayUpto 15x
Equity FuturesUpto 15x
Equity OptionsZero

Fortune Trading Currency Leverage

Fortune Trading also offers currency trading leverage. Leverage is available for Currency Futures up to Zero times and Currency Options Zero times.

Currency LeverageFortune Trading
Currency FuturesZero
Currency OptionsZero

Fortune Trading Commodity Leverage

Fortune Trading offers Upto 10x leverage for commodity trading.

Equity LeverageFortune Trading
CommodityUpto 10x

Fortune Trading Offers

Many stockbrokers are enticing customers with appealing deals in order to boost their client base. Here are some of the fantastic deals that Fortune Trading gives to its consumers. They give you a free stock trading account, a free demat account, and various brokerage discounts.

OffersFortune Trading
Free Stock Trading AccountNo
Free Demat AccountNo
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersNo
Referral ProgramYes
Zero Brokerage on Loss TradesNo

Fortune Trading Features

  • Full Service Brokers:Fortune Trading, a reputable online stock broker in India, offers regular investors low-cost brokerage services. It imposes a brokerage fee of Rs.20 executed, regardless of trade category, size, or exchange. They also offer Upto 15x trading leverage.
  • Range of Investment Products: Fortune Trading 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: Fortune Trading 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: Fortune Trading 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: Fortune Trading provides margin funding services. These can be used to make partial payments on cash segment transactions. Fortune Trading lends the remaining balance at a low interest rate.
  • Mobile Trading App and Trading Platforms: Fortune Trading 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: Fortune Trading offers demat account services through its membership with CDSL. It has been designated as a top depository participant by the CDSL.
  • Low Charges: Fortune Trading is recognised in the brokerage sector for having the lowest fees. Unleash your trading potential with Fortune Trading’s Rs.20 per order 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: Fortune Trading 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: Fortune Trading offers personally tailored customer service to its consumers. The power investor and ultra trader packs both feature free customer assistance.
FeaturesFortune Trading
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)No
Stocks SuggestionsNo
Robo AdvisoryNo
PMS (Portfolio Management Services)No
Trading InstitutionNo
Trading ExposureUpto 15x
Mutual FundsNo
SIP (Systematic Investment Plan)No
Forex TradingNo

Fortune Trading Advisory Services

The primary distinction between a full-service broker and a discount broker is the range of services given and the prices charged.Fortune Trading offers research papers with the top recommendations, which are developed by industry specialists. On their website, Fortune Trading also offers annual reports, as well as daily market reviews and weekly reports.

ServicesFortune Trading
Fundamental ReportsNo
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsNo
IPO ReportsNo
Top PicksYes
Daily Market ReviewNo
Monthly ReportsNo
Weekly reportsNo
Offline AdvisoryNo
Relationship ManagerNo

Fortune Trading Trading Platforms

To fulfil the various needs of its consumers, the Fortune Trading 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.

Desktop Trading PlatformsFortune Trading
Desktop BrowserYes

Fortune Trading Mobile App

Fortune Trading offers mobile trading through the Fortune Trading 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 AppFortune Trading
Mobile BrowserYes
Android AppYes
iOS AppYes
Windows AppNo
Other Mobile OSNo

Fortune Trading Customer Support

  • Online trading support: Fortune Trading 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: Fortune Trading 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 Fortune Trading5Paisa’s customer support staff via email if they require assistance. Customers can send their queries and issues to the company’s email address.
Customer SupportFortune Trading
Relationship ManagerYes
Offline TradingYes
Online TradingYes
24 * 7 SupportYes
Email SupportYes
Chat SupportYes
Toll free numberNo
Support Branches0

Fortune Trading Complaints

Brokerage firms can assess the quality and reliability of their services by evaluating how many complaints they receive. There are a total of 68 BSE complaints, of which 27 have been resolved, which amounts to 39.71 % in percentage terms. And, when it comes to NSE complaints, there are 106 of them, with 73 of them resolved, for a percentage of 68.87 %. And the percentage of BSE/NSE complaints resolved is 54.29 %

The table below highlights the complaints acquired by Fortune Trading.

BSE ComplaintsFortune Trading
BSE Complaints68
BSE Resolved Complaints27
Percentage of resolved BSE complaints39.71 %
NSE Complaints106
NSE Resolved Complaints73
Percentage of resolved NSE complaints68.87 %
BSE/NSE Complaint vs. Resolved Percentage54.29 %


In conclusion, Explore Fortune Trading’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, Fortune Trading can be considered a good stock broker, but you must carefully evaluate the pros and cons before choosing it.