VRise Securities

List of Stock Brokers Reviews:

VRise Securities

5.8

Trading Platforms

6.5/10

Customer Education

5.0/10

Pricing & Brokerage

6.0/10

Customer Service

5.5/10

Exposure

6.0/10

Pros

  • Wide Range of Trading Products
  • Multiple Types of Research Reports
  • Average Brokerage Charges

Cons

  • Limited Offline Presence
  • Relatively Smaller Broker

VRise Securities is a leading broking company. It helps in the wealth management of its clients by providing them with valuable resources and advisory services. It started its journey in the year 1990 with less than 20 employees and today they claim to have an employee base of more than 2500.

The broker claims to have a network of 17 branches and 575 business partners through models such as Sub-broker, an Authorized Person (AP), Remisers and master franchise.

In this detailed review, we will have a look at multiple aspects of this full-service stockbroker to figure out whether it is a good enough choice for you or not.

VRise Securities Review

The company, as a full-service stockbroker, is known for the personalisation of services. The clients are led to the path of financial growth by treating each profile as personal as possible. The services are customised for the flexibility of the clients. It has a broad base of technical knowledge which is used to explore robust financial solutions.

VRise Securities has been operational for over two decades. It is registered with BSE, NSE, MCX and CDSL. Along with the broking services for equity, derivatives, currency trading and commodity trading, the company also provides depository services and distribution of mutual funds, IPO and insurance.

The company also helps in financial planning, e-broking, wealth management and research & advisory.


VRise Securities Active Clients

VRise Securities reported 6,975 active clients as of 2020-21. The clientele of the company includes retail investors, corporate and high net-worth individuals, along with institutional investors.

The services are specialised for active traders and seasoned investors.

With this number of active clients, VRise Securities can be placed as one of the smaller stockbrokers in the country.

For More: Top Stockbrokers with Highest Active Clients


VRise Securities Products & Services

The products of VRise Securities constitute a full gamut of equity trading like equity shares, preference shares, debentures, mutual funds and exchange-traded funds. It helps the clients to choose the right stocks based on the expected risks and returns.

Along with equity trading, the company facilitates commodity trading, with detailed in-house research on more than 25 commodities. The clients get access to online technical analysis with the live commodity market.

The clients can also use the same account for currency trading. The forex trading clients are provided with in-depth research reports and dedicated relationship managers.

In addition to these products, VRise Securities also deals in derivatives trading. The experts support the clients to obtain arbitrage gains through derivatives trading.

VRise Securities also helps in mutual funds, IPOs and insurance types like life insurance and monthly income schemes. The life insurance can be traditional, ULIPs, or guaranteed return plans. There are multiple plans available for general insurance as well.


VRise Securities Research

VRise Securities has excellent research and advisory division which empowers its clients with the best in terms of reports and analysis. A dedicated team of research experts guides the clients through their journey of financial success with the help of technical and fundamental reports.

The research analysts also help in the formation of a customised portfolio. The research reports are available for all segments, including equity, currency, commodities, derivatives, mutual funds, IPOs, insurance etc.

The reports include:

  • Daily, weekly and monthly reports, with both the fundamental and technical analysis
  • IPO reports,
  • Mutual fund reports,
  • Reports on portfolio management services,
  • Gainers & losers reports,
  • Value toppers reports,
  • Advances & declines reports,
  • New highs & new lows reports,
  • News analysis, corporate information, corporate actions and
  • World indices Reports

Definitely, there is a wide range of reports that are provided by VRise Securities to its clients.

From the quality perspective, you can certainly check out the IPO, MF reports published by the broker on a regular basis. Along with that, for short-term quick gains, you can have a look at ts daily reports as well.

Having said that, it makes complete sense to have a quick check at your end before placing your trade by directly looking at the tip provided by VRise Securities.


VRise Securities Trading Platforms

Here is a quick review of the trading applications and tools provided by VRise Securities to its clients:

VRise Website Platform – NOW

VRise Securities uses the NSE NOW trading platform for trading from its website. The platform provides trading software to trade from anywhere anytime. The platform also has research tools like advanced charting software, margin reports and others to support the clients trading decisions.

The NOW platform is technologically robust, fast and secure. It gives seamless integration of the trading calls and includes back-end support. The back office link gives the clients direct access to their financial information like holdings, ledger, trades, etc.

The online payments are safe and secure, through ATOM.

VRise Connect

The mobile application of VRise Securities, VRise Connect, is a stock trading consultancy app. It facilitates the clients to receive notifications and news related to equity, derivatives, commodity and currency markets. The app has a simple layout and is very easy to use.

The application can be used to trade as well as to access financial information. It generates long-term reports to give the clients a better understanding of the investment opportunities.

Some of the concerns raised against this mobile app have been:

  • The back-office functionality does not work.
  • The app is relatively slow in speed with a simplistic design.

Here are a few stats about this mobile app from the Google Play Store:


VRise Securities Customer Care

VRise Securities provides dedicated customer care services through emails and phone. There are personalised services available for the clients, along with dedicated relationship managers.

VRise Securities also has a Private Client Group which provides customised and integrated investment solutions to HNIs, HUFs, NRIs, trusts and corporates. The clients in the Private Client Group get a portfolio manager, relationship manager, and guidance through the research reports.


VRise Securities Pricing

Here are the demat and trading account related charges levied by VRise securities from its clients:

  • The account opening fee is ā‚¹1200, which includes annual maintenance charges for the lifetime.
  • Dematerialisation charges are ā‚¹5 per certificate and rematerialisation charges are ā‚¹25 per 100 shares.
  • Pledge creation and invocation charges are 0.02% of the transaction value.

Looking at the broker among the overall stockbroking space in India, the charges mentioned above certainly look high than the industry average.


VRise Securities Brokerage

As far as the brokerage is concerned, the following are the charges you will need to pay across the trading segments:

  • The brokerage charges are 0.03% for intraday trading and 0.3% for delivery trading.

For Options trading, you are required to payĀ ā‚¹50 per lot and for futures trading, you will be paying 0.04% of your trading value.

Remember, the brokerage charges of full-service stockbrokers are always a percentage of your overall trading turnover. For example, if you trade forĀ ā‚¹50,000 in the delivery segment, then you will be payingĀ ā‚¹150 as brokerage to your broker.

You must check out this VRise Securities Brokerage Calculator for details on sorts of charges and taxes applied on your trades if you use the services of VRise Securities.


VRise Securities Margin

Here are the exposure values you will be getting in your trades:

  • The exposure provided by VRise is dependent on the standard margin that is given by the exchange. VRise provides half of the standard margin approved by the exchange.
  • The company also has an option of opening an NBFC account, in which the client puts in 50% capital and the company puts in the other 50%. However, the company charges interest on the capital provided.

If you are a beginner level trader, then you must know that using exposure can be risky and it makes sense to use it only when you understand the risks and implications associated with it.

You can check this detailed review in Hindi as well.


VRise Securities Advantages

Here are some of the benefits of using the services of VRise Securities as your stockbroker:

  • The services provided to the clients are highly personalised and customised to the needs.
  • The technology, softwares and trading platforms are user-friendly.
  • The brokerage charges are on par with the industry standards.
  • The research division is developed and staffed with experienced analysts.

VRise Securities Disadvantages

At the same time, here are some of the concerns of this broker that you must be aware of:

  • The location of the company is restricted to only a few states.
  • The number of clients is less compared to the other broking companies.

VRise Securities Membership Information

Let’s quickly check the membership information of VRise Securities with different regulatory bodies in India:

 

In case you are looking to get started with stock market trading or investments in general, let us assist you in taking your next steps forward:

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VRise Securities Branches

VRise Securities is headquartered in Mumbai, with other branches in Jorhat in Assam, Delhi, Noida, Khambhat and Ahmedabad in Gujarat, Belgaum in Karnataka and Bhopal in Madhya Pradesh.

The other branches in Maharashtra are located in Pune, Nashik, Ahmednagar, Nagpur, Miraj, Palus, Thane and Sangli. There is also a branch at Jaipur in Rajasthan and Durgapur and Coochbehar in West Bengal.


More on VRise Securities

If you wish to learn more about this full-service stockbroker, here are a few references for you:

 

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