Beeline Broking
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Beeline Broking is a discount stock broker based out of Ahmedabad, Gujarat. Let’s find about this broker at length with information on brokerage, Demat charges, margin, service and other related aspects.
Beeline Broking Review
It has a running membership with NSE, BSE, MCX, NCDEX and MCX-SX and allows its client to trade in the following segments:
- Equity
- Commodity
- Currency
- IPO
- Mutual Funds
Thus, in a sense, this brokerage house provides a range of trading and investing segments as per your needs.
Vanesh Panchal – Director, Beeline Broking
Beeling Broking Trading Platforms
The brokerage provides access to all kinds of trading applications including web, mobile and terminal solution. We will discuss the features of these trading apps one by one now:
Web Trading
The web trading platform of Beeline broking comes with the following features:
- Multiple watchlists with direct order placement facility
- Shortkeys available
- Auto-lock feature to make your trading experience secure
- Fund allocation and withdrawal facility within the web trading application
Beeline Broking Mobile App
The mobile app of Beeline Broking comes with the following features:
- Easy to use and understand
- Compatible across devices and operating systems
- Real-time Trade Confirmation of orders
This is how the mobile app looks like:
Beeline Broking Charges
Here are the details on different types of charges applicable to clients:
Beeline Broking Account Opening Charges
The Demat account opening and annual maintenance charges with this stockbroker come at no cost while the trading account AMC is also free.
The account opening charges are fixed as below:
Trading Account Opening Charges (One Time) | ₹678 |
Demat Account Opening Charges (One Time) | ₹0 |
Trading Account Annual Maintenance Charges (AMC) | ₹0 |
Demat Account Annual Maintenance Charges (AMC) | ₹0 |
Beeline Broking Brokerage
Beeline Broking, being a discount stock broker, charges a flat brokerage at per order level.
Equity Delivery | ₹15 per order |
Equity Intraday | ₹15 per order |
Equity Futures | ₹15 per order |
Equity Options | ₹15 per order |
Currency Futures | ₹15 per order |
Currency Options | ₹15 per order |
Commodity | ₹15 per order |
Use this Beeline Broking Brokerage Calculator for complete charges and your profit.
Beeline Broking Transaction Charges
Apart from the account and brokerage charges, you are required to pay a few taxes and charges as well.
Below mentioned are the transaction charges applied by Beeline Broking:
Equity (Cash & Delivery) | 0.00325% |
Equity Futures | 0.00215% |
Equity Options | 0.05600% |
Currency Futures | 0.00135% |
Currency Options | 0.04600% |
Commodities: MCX | 0.00260% |
DP Transaction charge | ₹15 /Debit Transaction |
Dial & Trade | ₹20 per executed order |
Beeline Broking Margin
This is the leverage/exposure the clients get in different segments:
Equity | Upto 10 times Intraday |
Equity Futures | Upto 3 times for Intraday |
Equity Options | Buying no Leverage, shorting upto 3 times for Intraday |
Currency Futures | Upto 2 times for Intraday |
Currency Options | Buying no Leverage, shorting upto 2 times for Intraday |
Commodity | Upto 3 times for Intraday |
Beeline Broking Disadvantages
Here are some of the concerns of using the services of this discount stockbroker:
- Low innovation in trading platforms
- No offline presence
Beeline Broking Advantages
At the same time, the broker comes with the following benefits for its clients:
- Reasonable customer service
- Multiple trading and investment products
- Decent and experienced team
Interested in opening an Account and start trading? Enter Your details here to get a callback!
More on Beeline Broking:
If you wish to learn more about this stockbroker, here are a few references:
Beeline Broking Review | Beeline Broking Brokerage Calculator |
Beeline Broking Transaction Charges | |
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