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All About Fortune Trading - Fortune Trading Corporation (FTC)
Posted: Mar 08, 2020
Fortune trading corporation (FTC)is one of the leading discount broking companies in India. Fortune trading corporation offers retail and institutional broking, currencies and commodities trading, mutual funds and bonds.Mr. K Narayan Murthy is the founder of the company and it started in the year 2004 from Chennai. They believe that mutual funds are the right product for all investors to achieve their long term goals like retirement, child’s education & marriage and other goals. Currently, they have a customer base of over 40000 clients and 250 branches with a strong network of business associates PAN India and very rapidly growing in south India. Their aim is to empower our customers to take complete charge of their financial trading/investment.
Fortune's brokerage structure is very easy to understand through its innovative brokerage solution. Customers who moved to fortune trading corporations have reported 90% to 95% savings in brokerage in comparison to full-service brokers. It is among the most technologically advanced and cheapest stock brokers in India for all kinds of investors. Basically people who trade just a few times in a month are getting huge benefits. It has the membership of popular exchanges like NSE, BSE, and MCX with a business network across India.
OPENING ACCOUNT & CHARGES
Investors will have to provide a few information & documents like Aadhaar Details, PAN Details, Bank statement/canceled cheque and Account Opening Fees and Account will be activated within 1 working day.it is very convenient because one salesperson will come to your address and will guide you step by step. If you are new to the stock market the salesperson will brief you about the stock market and will help you understand the fortune trading mobile app.
Equity Delivery Trading
Rs.20 per order
Equity Intraday Trading
Rs.20 per order
Commodity Trading
0.1% of trade value
Equity Futures Trading
Rs.20 per order
Equity Options Trading
Rs.20 per order
Currency Futures Trading
Rs.20 per order
Currency Options Trading
Rs.20 per order
Minimum Brokerage
Rs.20
Trading AMC Charges
zero
Demat AMC Charges
Free lifetime
Margin Money
Zero
SMS CHARGES
100/MONTH
PRODUCTS OFFERED
1-Equity trading
2- Commodity trading
3- currency trading
4-options
5-Future
7-Mutual funds
SERVICE OFFERED
- Demat account
- Trading account
- Intraday services
- IPO service
- Robo Advisory
- Exposures
PLATFORMS
There are three trading platforms like Desktop,web-based and mobile applications. Web-based and Desktop both are NSE based trading software whereas mobile applications developed in-house. NEST is web-based software and NSE NOW is desktop software. Investors like to trade through the mobile app as it is more convenient and available but traders use NEXT or NSE NOW for more accuracy.
WHY FORTUNE TRADING
Fortune trading corporation (FTC)is one of the leading stock broking company in India and it does not take any minimum balance for opening an account. There are no minimum charges also and it does not have any hidden charges like different companies.
As it is a discount broker so it charges very minimum charges and they are not biased. You can apply for new IPOs (Initial Public Offerings) directly with a fortune trading account through UPI. It offers extensive educational materials at their offices or on their websites.
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