Rating Index
Pros
Flat-rate charged - Rs. 18 per trade, providing a simple and transparent fee structure.
Multiple payment options including HDFC UPI, Razorpay, and Atom, enhancing convenience for users.
Wide range of trading segments including equities, commodities, and currencies, allowing for portfolio diversification.
Cons
Unregulated status raises concerns about the safety and security of user funds and transactions.
No 24/7 customer support, which can be a challenge for users needing immediate assistance.
Complex fee structure with additional hidden charges that may lead to confusion for some traders.
Bigul broker Accounts
Bigul Account Type
Bigul offers a discount broker account with various features tailored to meet the needs of different types of investors. The main types of accounts include:
- Demat Account: Essential for holding securities in electronic form, allowing for easy buying, selling, and transferring of shares.
- Trading Account: Required for executing buy and sell orders in the stock market. It acts as a link between the demat account and the bank account.
- Margin Account: Provides leverage for trading, allowing investors to borrow funds to increase their trading capacity. Bigul offers up to 5x leverage for intraday trading.
- Visit the Website: Go to Bigul's official site and click on the "Open Account" button.
- Enter Basic Information: Fill in your mobile number and email address, and verify them using an OTP.
- Submit PAN Details: Provide your Permanent Account Number (PAN) for identification.
- Access Digi Locker: Use your Aadhaar details to access your PAN and Aadhaar for ID and address proof.
- Upload Photo: Take a selfie and upload it as part of the application.
- Fill Personal Details: Provide your personal information and trading preferences.
- Link Bank Account: Enter your bank account number and branch IFSC to link it with your Bigul account.
- E-Sign Documents: Sign the necessary documents through e-sign with NSDL.
The account opening process is straightforward, with free account opening and annual maintenance charges (AMC) of ₹300 per year (first year free). The brokerage fee is set at ₹18 per trade across various segments, including equity delivery, intraday, futures, and options.
Bigul Broker Account Opening Process
To open an account with Bigul, follow these simple steps:
Once submitted, your account will be activated within 24 hours, allowing you to start trading seamlessly.
Bigul Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Bigul accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .