About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App)... ![]()
About Firstock
Incorporated in 2021, Firstock Broking Private Limited is a next-generation investment and trading platform revolutionising discount broking in India through technology-led innovation. Firstock is built on a vision to make financial services more accessible, efficient, and user-friendly.
With a strong focus on a customer-centric and tech-first approach, the platform simplifies the trading experien... ![]()
Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.
| Indiabulls Securities | Firstock | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE |
| Year of Incorporation | 2003 | 2021 |
| Number of Branches | ||
| Open Indiabulls Securities Account | Open Firstock Account |
Indiabulls Securities trading account opening charges is Free (NIL) while Firstock account opening changes is Rs 0 (Free). Indiabulls Securities Demat Account AMC Charges is Rs 300 and Firstock Demat Account AMC Charges is Rs 0 (Free).
| Indiabulls Securities | Firstock | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 0 (Free) |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas Firstock brokerage charges for equity is Rs 0 and intraday is Rs 20 per executed order.
| Account Type | Indiabulls Securities Flat Fee Plan | Firstock |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | Rs 0 |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | Rs 20 per executed order |
| Equity Futures | Rs 11 per Executed order | Rs 20 per order, 0.03% or whichever is lower |
| Equity Options | Rs 11 per Executed order | Rs 20 per order, 0.03% or whichever is lower |
| Currency Futures | Rs 11 per Executed order | |
| Currency Options | Rs 11 per Executed order | |
| Commodity Futures | Rs 11 per Executed order | |
| Commodity Options | Rs 11 per Executed order | |
| Special Offer | Special Offer: Low-cost brokerage Trading at ₹11/order across segments (Intraday, Delivery, and F&O)| No account opening charges| Multiple Products| Research & advisory services. Open an instant account (FREE) | Special Offer: Free Equity Delivery| Flat ₹20 brokerage on Intraday & F&O| ₹0 Account Opening & AMC| Zero cost Direct Mutual Funds Investment. |
| Minimum Brokerage | Rs 11 | Rs 20 |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Rs 50 |
| Open Indiabulls Securities Account | Open Firstock Account |
Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Firstock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Indiabulls Securities | Firstock | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Indiabulls Securities Account | Open Firstock Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.
| Indiabulls Securities | Firstock | |
|---|---|---|
| 3 in 1 Account | ![]() | ![]() |
| Automated Trading | ![]() | ![]() |
| Margin Trading Funding | ![]() | ![]() |
| Margin Against Shares (Equity Cash) | ![]() | ![]() |
| Margin Against Shares (Equity F&O) | ![]() | ![]() |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web |
| Intraday Square-off Time | 3:15 PM | 3:25 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | APIs for Algo Trading | |
| Open Indiabulls Securities Account | Open Firstock Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.
| Indiabulls Securities | Firstock | |
|---|---|---|
| Contact Broker | Low-cost brokerage Trading at ₹11/order across segments (Intraday, Delivery, and F&O)| No account opening charges| Multiple Products| Research & advisory services. Open an instant account (FREE) | Free Equity Delivery| Flat ₹20 brokerage on Intraday & F&O| ₹0 Account Opening & AMC| Zero cost Direct Mutual Funds Investment. |
| Indiabulls Securities | Firstock | |
|---|---|---|
| Bracket Order | ![]() | ![]() |
| Cover Order | ![]() | ![]() |
| Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
| Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
| After Market Order (AMO) | ![]() | ![]() |
| Good Till Cancelled (GTC) | ![]() | ![]() |
| Open Indiabulls Securities Account | Open Firstock Account |
| Indiabulls Securities | Firstock | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special OfferTrade at flat, low brokerage with Indiabulls Securities
| Firstock Special OfferFirstock — Smart & Affordable Trading Solution
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| Open Indiabulls Securities Account | Open Firstock Account |