Beeline Broking (None)

Discount Broker Depository: CDSL

Beeline Broking Ltd. is a web discount stock broker. itinerary provides commerce and investment on the mad cow disease, NSE (MCX), MCX, and NCDEX exchanges. itinerary provides investment altogether segments, together with Equity, Derivatives and Currency Derivatives furthermore as trade goods and Insurance. Beeline is India's solely broker that provides each ancient Brokerage Plans and Discount Brokerage Plans. These plans ar offered in 3 segments: Equities F&O (Currency F&O), MCX Futures (MCX Futures). In Discount Brokerage set up, the brokerage charge is Rs eighteen per dead order and in ancient brokerage plans for Equity Delivery or Intraday segments, the margin. In 2015, Beeline, a broker primarily based in Ahmadabad Gujrat started providing brokerage services. the corporate could be a registered member of SEBI, Stock Exchanges, and also the MCX. itinerary offers trade goods commerce via a gaggle company itinerary Commodities Pvt Ltd, that could be a member of MCX & NCDEX. Beeline is promoted and managed by mister. Vanesh Pachal, Mr.Pradeep Sandhir, and Mrs. Khushbu Shah. itinerary conjointly has offices in Ahmedabad, Gandhinagar, and Gujrat. Beeline offers NSE currently furthermore as Norse deity commerce platforms. These commerce apps embrace AN installable terminal, a browser-based commerce website, and a mobile commerce app.

Beeline Broking Products

The segments that you can invest in are equity, commodity, currency, futures, and options.
  • Equity
  • Commodity
  • Currency
  • Futures
  • Options

Beeline Broking Trading Softwares

A collection of software and applications that the broker offers to help you execute online buy/sell orders. These are the names of their portals and mobile apps.
  • NSE Now
  • ODIN (My Armour)

Beeline Broking Brokerage Plans

Choose from one or more plans below. Use tabs if multiple plans available. A single plan includes all the basic charges and brokerages, margins, etc.

Beeline Broking Other Investment Options

Services provided by the broker for investing in other financial assets such as Bonds & Debt, Exchange Traded Funds, etc.
  • Mutual Funds
  • IPO Platforms
  • Bonds & Debt
  • Exchange Traded Funds
  • Insurance

Beeline Broking Additional Features

Extra features are provided by the broker at little or no extra cost. Like SMS Alerts, Margin Funding, Margin Against Share, etc.
  • 3 in 1 Account
  • Free Recommendations
  • Free Research Reports
  • SMS Alerts
  • Margin Funding
  • Margin Against Share

Beeline Broking Pros

These are the benefits of Beeline.

  1. Flat-fee discount stock broker that offers trading at Rs 18/order in derivative segments at NSE, MCX and NCDEX.
  2. NSE NOW, ODIN Trading Platform.
  3. Opening a Demat or trading account is free.
  4. The annual maintenance fees (AMC) for Demat accounts are waived if the customer pays Rs 876 once-off fee
  5. Call and trade are available for Rs 20 extra
  6. Beeline offers a dedicated relationship manager (RM), which is a departure from most discount brokers.
  7. All Beeline customers can participate in the Loyalty Rewards Program.
  8. Beeline offers a Customer Referral Program that allows you to earn 10% and 5% on the first layer of revenue from your referrals.

Beeline Broking Cons

These are the cons and drawbacks of Beeline.

  1. When using the ODIN-installable trading terminal, software charges are Rs 150 per segment. When trading at BSE using NSE NOW, there is a Rs 150 monthly charge. This is an uncommon discount broker that offers trading software for free.
  2. Additional Rs 20 per trade for Call and Trade
  3. Online IPOs and Mutual Funds cannot be purchased online.
  4. Beeline does not offer a 3-in-1 account, as it doesn’t offer banking services.
  5. Beeline does not have any branch offices, franchises or sub-brokers except for the Ahmedabad office.

Our Conclusion

Beeline Broking, with all its offerings, can be considered one of the most respected discount brokers in Gujrat.

They must expand their network to make their presence felt across the country. They are very attractive in their offers and can easily make themselves known throughout India.

Compare Beeline Broking with Best Brokers in India