Flattrade is a rapidly expanding online stock trading firm that offers a variety of stock market trading services. Mr. K. Narayana Moorthy, one of the most experienced and prominent leaders in spot bullion trading, results Flattrade.
Our company provides services such as Demat account opening, commodity, equities, derivatives, and currency trading, as well as mutual funds.
Our capable ecosystem is exemplified by efficient customer support operations that foster scalable brokerage solutions at highly competitive prices.
The company was founded in 2004 as Fortune Capital Services Private Limited. It is now one of the most well-known and rapidly expanding financial stock brokerages in the country. We have several branches in major Indian cities, including the headquarters in Chennai.
We are now on par with our top competitors and take pride in providing our valuable services to a diverse customer base of over 50000 clients.
Furthermore, we have established ourselves as one of the best online trading platforms offering financial services in Southern India. We are grateful to have a strong network of knowledgeable business associates throughout the region.
Flattrade – Company Highlights
| Headquarters | Chennai |
| Industry | Finance, Stock Exchange |
| Founders | Mr. K. Narayana Moorthy. |
| Founded | 2004 |
| Registered client | 60,000 |
| Website | Flattrade.com |
Flattrade Account Opening Charges
| Transaction | Charges |
| Account opening charges | 200 +GST |
| Amc charges | Free |
Flattrade Brokerage Charges
Free for All Orders Equity, Intraday, F&O across all exchanges
Flattrade Advantages & disadvantage
Flattrade Advantages
- It offers free account opening and no annual maintenance fees..
- It controls a large portion of southern India.
- They provide offline branches to serve their customers.
- It offers a variety of decent customer services to its customers.
Flattrade Disadvantages
- It offers a limited selection of trading and investment products.
- It places less emphasis on technology, with only one in-house trading platform (a mobile app) that performs only mediocrely.
- Trading on Flattrade is quite limited.
Flattrade Complaint
| Exchange | Financial year | Number of client | Total complaint |
| NSE | 2022-23 | 7993 | 2 |
Additional information
| Offline no. brokerage / registered AP. | NA |
| Research & advisory services | NA |
| Referral amount | ₹200 |
| API charges | Free |
| Call & Trade charges | Rs.50+GST per trade |
