YES SECURITIES Broker Review

　　

Yes Securities 2025 Review: Everything You Need to Know

　　Summary: Yes Securities has emerged as a notable player in the Indian stock brokerage landscape, offering a comprehensive suite of services, including a user-friendly 3-in-1 account that integrates banking, trading, and demat services. However, the firm faces criticism for its relatively high brokerage fees compared to discount brokers, and its trading platforms have been described as average.

　　Note: It is crucial to consider that the regulatory environment may vary across regions, and the insights presented here aim for fairness and accuracy.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	7
Customer Service and Support	5
Trading Setup (Experience)	6
Trustworthiness	8
User Experience	6

　　We rate brokers based on a combination of user feedback, expert opinions, and factual data available from multiple sources.

　　

Broker Overview

　　Established in 2013, Yes Securities is a full-service brokerage firm based in Mumbai, India, and is a wholly-owned subsidiary of Yes Bank. The firm is registered with the Securities and Exchange Board of India (SEBI) and operates under the memberships of major stock exchanges like the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Yes Securities offers a range of trading platforms, including a mobile app and web-based solutions, catering to various asset classes such as equities, commodities, currencies, and mutual funds.

　　

Detailed Section

　　Regulated Geographical Areas: Yes Securities operates primarily in India, with its registration under SEBI ensuring adherence to local regulations.

　　Deposit/Withdrawal Currency/Cryptocurrency: The firm accepts deposits in Indian Rupees (INR) through various channels, including bank transfers, but does not currently support cryptocurrency transactions.

　　Minimum Deposit: The minimum margin requirement for trading is set at ₹15,000, making it relatively accessible for new investors.

　　Bonuses/Promotions: As of now, Yes Securities does not offer any specific bonuses or promotions, focusing instead on its competitive brokerage rates and service offerings.

　　Tradable Asset Classes: The platform allows trading in a variety of asset classes, including equities, derivatives, commodities, currencies, and mutual funds, providing a well-rounded investment experience.

　　Costs (Spreads, Fees, Commissions): Yes Securities charges a brokerage fee of 0.45% for equity delivery and 0.05% for intraday trades. For derivatives, the brokerage is also 0.05%, while equity options incur a charge of ₹51 per lot. In comparison to discount brokers, these fees are on the higher side, as noted in various reviews.

　　Leverage: The firm offers leverage of up to 40x for intraday trading, which is competitive within the industry.

　　Allowed Trading Platforms: Yes Securities provides a mobile app, a web trading platform, and also offers a trading terminal for active traders, although the desktop experience has been criticized for lacking advanced features.

　　Restricted Regions: Currently, Yes Securities primarily serves clients in India, with no specific mention of restrictions on international clients.

　　Available Customer Service Languages: The customer service is primarily offered in English and Hindi, catering to a broad demographic within India.

　　

Repeated Ratings Overview

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	7
Customer Service and Support	5
Trading Setup (Experience)	6
Trustworthiness	8
User Experience	6

　　

Detailed Breakdown

• 　　Account Conditions (Rating: 6/10): Yes Securities offers a 3-in-1 account that simplifies the trading process by linking banking, trading, and demat accounts. However, the minimum deposit requirement of ₹15,000 may deter some potential investors.

• 　　Tools and Resources (Rating: 7/10): The firm provides a variety of trading tools, including a mobile app and web platform. However, the user experience on these platforms has been described as basic, lacking advanced features that some traders may seek.

• 　　Customer Service and Support (Rating: 5/10): While Yes Securities has multiple customer support channels, including email and phone, user feedback indicates that response times can be slow and service quality is inconsistent.

• 　　Trading Setup (Experience) (Rating: 6/10): The trading experience is generally smooth, but the average performance of the trading platforms has led to mixed reviews. Users have noted that the platforms do not meet the expectations set by the brand name.

• 　　Trustworthiness (Rating: 8/10): As a subsidiary of Yes Bank, Yes Securities enjoys a level of trust due to its affiliation with a well-established financial institution. The firm is also registered with SEBI, which adds to its credibility.

• 　　User Experience (Rating: 6/10): Overall, the user experience is satisfactory but could benefit from improvements in platform performance and customer service efficiency.

　　In conclusion, the Yes Securities review indicates that while the broker has established a solid foundation with its comprehensive service offerings and competitive leverage, it faces challenges with high brokerage fees and average trading platforms. Investors should weigh these factors carefully when considering Yes Securities as their brokerage partner.