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 Lse Securities, 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
Lse Securities is a Private company headquartered in Ludhiana, Punjab which is founded in 1981 by S.P. Oswal & B.M. Munjal. Lse-Securities 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 Lse Securities work as a Discount Broker because it offers thorough investment advice and complete stock analysis to its clients. Lse Securities is an NSE and BSE-listed company with over Nil branches in India.
Overview
Lse Securities
Broker Type
Full Service Broker
Type of company
Private
Headquarter
Ludhiana, Punjab
Founders
S.P. Oswal & B.M. Munjal
Foundation Year
1981
Supported Exchanges
NA
Total branches
Nil
Lse Securities Account opening charges
You need to open a demat account and a trading account, to start trading with Lse Securities. So, to open a trading account with Lse Securities, you need to pay a fee of Free. However, the trading annual maintenance charges of Lse Securities are free. And Demat annual maintenance charges are Free or Rs.250 per Annum. There are also no fees for margin money or transfers from an offline to an online account. And Lse Securities is registered with CDSL i.e., Central Depository Services Limited as a Depository Participant (DP).
Account Opening and Demat Charges
Lse Securities
Trading Account Opening Charges
Free
Demat AMC (Annual Maintenance Charges)
Free or Rs.250 per Annum
Trading AMC (Annual Maintenance Charges)
Free
Margin Money
Rs.10,000
Offline to Online Charges
Yes
Depository
CDSL & NSDL
Lse Securities Brokerage Charges
Brokerage fees are an important factor to consider when choosing a stockbroker. Here are Lse Securities brokerage charges for various segments:
Equity delivery: There are no fees for equities delivery trades with Lse Securities This implies you can invest in equities without paying any brokerage charges.
Equity intraday: Lse Securities charges a brokerage fee of 0.03% per order.
Equity futures: The brokerage cost for equity futures is 0.03% as well.
Equity options: Lse Securities charges a brokerage fee of Rs.110 per Lot for trading equity options.
Currency: Unleash your trading potential with Lse Securities’s dynamic 0.03% charges.
Commodity: For commodity options trading, Lse Securities charges a brokerage fee of 0.03%.
Equity Brokerage Charges
Equity Brokerage Charges
Lse Securities
Equity Delivery Brokerage
0.30%
Equity Intraday Brokerage
0.03%
Equity Futures Brokerage
0.03%
Equity Options Brokerage
Rs.110 per Lot
Currency Brokerage Charges
Currency Brokerage Charges
Lse Securities
Currency Futures Brokerage
0.03%
Currency Options Brokerage
Rs.30 per Lot
Commodity Brokerage Charges
Commodity Brokerage Charges
Lse Securities
Commodity Options Brokerage
0.03%
Lse Securities Other Charges
Minimum brokerage charges: At Lse Securities, we’ve revolutionized our fee structure by introducing a unique minimum brokerage charge based on a Rs.15.
Transaction brokerage charges: A transaction brokerage fee of 0.00315% of Total Turnover is to be paid by a customer.
SEBI turnover charges: The Securities and Exchange Board of India (SEBI) levies a 0.0007% 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 0.0112% of Total Turnover by Lse Securities.
Call and trade charges: If you use call and trade service, the charges of Lse Securities are NA.
Other Brokerage Charges
Lse Securities
Minimum Brokerage Charges
Rs.15
Transaction Brokerage Charges
0.00315% of Total Turnover
SEBI Turnover Charges
0.0007% of Total Turnover
Stamp Duty Charges
As per the state
GST Charges
18% of (Brokerage + Transaction Charges)
STT Charges
0.0112% of Total Turnover
Call and Trade Charges
NA
Lse Securities Equity Leverage
Leverage allows traders to enhance their market exposure while using a smaller quantity of capital. Lse Securities offers Upto 1x times leverage on equity delivery, Upto 6x times leverage on equity intraday, Upto 2x times leverage on equity futures, and Upto 3x times leverage on equity options.
Here is the leverage provided by Lse Securities:
Equity Leverage
Lse Securities
Equity Delivery
Upto 1x
Equity Intraday
Upto 6x
Equity Futures
Upto 2x
Equity Options
Upto 3x
Lse Securities Currency Leverage
Lse Securities also offers currency trading leverage. Leverage is available for Currency Futures up to Upto 1x times and Currency Options Upto 1x times.
Currency Leverage
Lse Securities
Currency Futures
Upto 1x
Currency Options
Upto 1x
Lse Securities Commodity Leverage
Lse Securities offers Upto 1x leverage for commodity trading.
Equity Leverage
Lse Securities
Commodity
Upto 1x
Lse Securities Offers
Many stockbrokers are enticing customers with appealing deals in order to boost their client base. Here are some of the fantastic deals that Lse Securities gives to its consumers. They give you a free stock trading account, a free demat account, and various brokerage discounts.
Offers
Lse Securities
Free Stock Trading Account
Yes
Free Demat Account
Yes
Flexible Plans
Yes
Brokerage Discounts
Yes
Happy Hours
No
1 Month Free Plan
No
Holiday Offers
No
Referral Program
No
Zero Brokerage on Loss Trades
No
Lse Securities Features
Discount Broker:Lse Securities, a reputable online stock broker in India, offers regular investors low-cost brokerage services. It imposes a brokerage fee of Rs.15 executed, regardless of trade category, size, or exchange. They also offer Upto 6x trading leverage.
Range of Investment Products: Lse Securities 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: Lse Securities 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: Lse Securities 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: Lse Securities provides margin funding services. These can be used to make partial payments on cash segment transactions. Lse Securities lends the remaining balance at a low interest rate.
Mobile Trading App and Trading Platforms: Lse Securities 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: Lse Securities offers demat account services through its membership with CDSL. It has been designated as a top depository participant by the CDSL.
Low Charges: Lse Securities is recognised in the brokerage sector for having the lowest fees. Unleash your trading potential with Lse Securities’s 0.03% 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: Lse Securities 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: Lse Securities offers personally tailored customer service to its consumers. The power investor and ultra trader packs both feature free customer assistance.
Features
Lse Securities
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
Lse Securities Advisory Services
The primary distinction between a full-service broker and a discount broker is the range of services given and the prices charged.Lse Securities offers research papers with the top recommendations, which are developed by industry specialists. On their website, Lse Securities also offers annual reports, as well as daily market reviews and weekly reports.
Services
Lse Securities
Fundamental Reports
No
Research Reports
No
Company Reports
No
Annual Reports
No
Company Stock Review
No
Free Stock Tips
Yes
IPO Reports
No
Top Picks
Yes
Daily Market Review
No
Monthly Reports
No
Weekly reports
No
Offline Advisory
No
Relationship Manager
Yes
Lse Securities Trading Platforms
To fulfil the various needs of its consumers, the Lse Securities 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 Platforms
Lse Securities
Windows
Yes
Mac
Yes
Desktop Browser
No
Lse Securities Mobile App
Lse Securities offers mobile trading through the Lse Securities 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
Lse Securities
Mobile Browser
No
Android App
No
iOS App
No
Windows App
No
Other Mobile OS
No
Lse Securities Customer Support
Online trading support: Lse Securities 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: Lse Securities 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 Lse Securities5Paisa’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
Lse Securities
Relationship Manager
Yes
Offline Trading
Yes
Online Trading
No
24 * 7 Support
No
Email Support
Yes
Chat Support
No
Toll free number
No
Support Branches
9
Lse Securities Complaints
Brokerage firms can assess the quality and reliability of their services by evaluating how many complaints they receive. There are a total of 22 BSE complaints, of which 19 have been resolved, which amounts to 86.36 % in percentage terms. And, when it comes to NSE complaints, there are 38 of them, with 34 of them resolved, for a percentage of 89.47 %. And the percentage of BSE/NSE complaints resolved is 87.92 %
The table below highlights the complaints acquired by Lse Securities.
BSE Complaints
Lse Securities
BSE Complaints
22
BSE Resolved Complaints
19
Percentage of resolved BSE complaints
86.36 %
NSE Complaints
38
NSE Resolved Complaints
34
Percentage of resolved NSE complaints
89.47 %
BSE/NSE Complaint vs. Resolved Percentage
87.92 %
Conclusion
In conclusion, Explore Lse Securities’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, Lse Securities can be considered a good stock broker, but you must carefully evaluate the pros and cons before choosing it.