Ventura Securities Review
Ventura Securities began its operations in the year 1994 as a full-service broker and today, this stockbroking company has accreditation with NSE, BSE, MCX, MCX-SX, & NCDEX. With a presence in more than 525 locations across India, Ventura Securities is known for its decent performing trading platforms.
With their services, you can invest and trade across the following segments:
- Mutual Funds
- Depository Services
- NRI Services
"Ventura Securities has an active client base of 68,519 until May 2017 for this financial year 2017-18."
The full-service stockbroker has a dedicated research and advisory team at both fundamental and technical levels. Quality of research is supposedly better than average and can be trusted to an extent.
Ventura is a Depository Participant (DP) itself and allows its clients to open a demat account directly with it. Such a provision is limited to a handful stock brokers only and Ventura is certainly one of those. In this case, they are a member of NSDL (National Securities Depository Limited).
Ventura Securities Trading Platforms
Clients get access to all kinds of trading applications across devices, be it desktop, web or mobile. Here are the details:
Ventura Pointer is a trading software that can be installed on a desktop or laptop. It is compatible with all major versions of windows operations systems including XP, Vista, 7,8 and 10. Some of the key features of Ventura Pointer are:
- Setting upmarket watch
- Quick order placing across equity, F&O
- Market depth and share price chart windows with customized interface available
- Share price charting with scrip fundamental data available
- Scrip analysis available for 7-days intraday charts
P.S. Be sure to have a detailed discussion with the executive of Ventura since they levy a charge of ₹3500 as Pointer usage charges. This payment is applicable in case you are not able to generate brokage of the same amount within the first month of account opening. We'd suggest you have a detailed discussion around this point before you finalize opening the account with the broker.
Otherwise, you may get this "hidden" charge added to your total payment for the first year. Nonetheless, if you are able to generate a brokerage of that amount, then you can callback the support of Ventura and ask them to reverse the charges. Post verification, the amount deducted will be refunded back to your account.
Ventura Wealth is a mobile trading application provided to its clients from the house of Ventura securities. It allows users to trade on BSE & NSE i.e. buy and sell Equity, Commodity, Currency, Derivatives, Mutual funds using their mobile phones with an internet connection. Some of the features the mobile app carries are:
- Live Charts with market updates
- Automated market watch based on your preferences
- Multiple order types for execution
- Presence of tips and recommendations within the app
- Provision to invest in mutual funds available
However, the app has received mixed reviews at the android play store with around 28% negative ratings. Here are some of the reviews for reference:
Ventura also has a web-based trading application that can be accessed directly by their website. The user needs to have a valid username and password to log in and perform trading. It is a lightweight application and is responsive in nature, thus, can be accessed from any device.
However, when it comes to features, you will get limited access. Thus, if you are looking for an exhaustive application, Ventura Pointer is much better a trading platform for you.
Ventura Securities Research
Being a full-service stockbroker, Ventura provides its clients with regular research reports, recommendations, trading calls and tips across multiple trading products. Users may choose to perform their own analysis to back the information provided by Ventura, but more or less, their accuracy is better than the industry average.
A lot of data points such as top gainers, losers of the day, are publicly available on their website but specific information is made available to the client base through email, SMS and trading platforms. In the recent past, some of the clients have raised concerns about the regularity of the reports and tips provided by the broker.
Although this is not much of an issue for long-term investors definitely a grave concern for short-term intraday traders who are seeking quick tips round the clock when the market is open.
Ventura Securities Customer Service
Ventura Securities offers the following communication channels to its clients:
- Offline branches
The broker offers limited formats of communication and furthermore, provides an average quality of service as well. There is a good room for improvement in all areas including the turnaround time i.e. time they take to solve your concern, quality of the final resolution provided and the professionalism of the support executives.
This will require training over a period of time with close attention towards improving the overall experience for the clients.
In a nutshell, Ventura provides one of the poorest customer services in the whole stock broking Industry in India.
Ventura Securities Pricing
When it comes to full-service stock brokers, there are multiple types of charges in place and as a wary customer, you must know what all charges you are paying for. Here we have tried to cover most of these payments levied by the broker, but we suggest you have a detailed one to one discussion with the executive of the broker and make sure to get everything documented (in an email) post discussion.
Ventura Securities Account Opening Charges
Ventura Securities provides you with a 2-in-1 account for both Demat and trading.
Ventura Securities Brokerage
The brokerage levied on you really depends on the initial deposit you provide to the broker in case of Ventura. For instance, with a low initial deposit of ₹1000, your brokerage for delivery will stand at o.45% of your trade value while with the deposit of ₹72,000, it falls to as low as 0.1%.
Furthermore, you can negotiate with the broker as well, and see which deposit value and what brokerage percentage suit your pockets.
You can check out more information, here at Ventura Securities Review.