Almondz Review 2026
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- N/A
- Mobile Apps
- AlmondzTrade web terminal
- Provided for derivatives, but conditions not specified
- Zero-commission stock trades, asset management services, IPO trading
Our Evaluation of Almondz
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Almondz is a broker with higher-than-average risk and the TU Overall Score of 3.61 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Almondz clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
How we tested Almondz
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Almondz
Almondz is the brand of the Indian investment and brokerage firm Almondz Global Securities Limited. The company provides access to the Indian stock market through its proprietary AlmondzTrade platform. It is regulated by the Securities and Exchange Board of India (SEBI) and is a registered member of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Its services focus on retail and institutional investors and include stock trading, derivatives, currency contracts, and IPO participation. Almondz supports trading through a web platform and a mobile application. The company primarily serves Indian residents.
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- Regulation by SEBI and participation on NSE and BSE.
- Zero brokerage fee for stock delivery trades through the mobile app.
- Intuitive web platform and mobile app with charts and filters.
- Ability to trade stocks, futures, options, and currency contracts.
- Online opening of a trading account and a Demat account without visiting an office.
- Support for investors of all levels, from individuals to companies.
- No access to international markets such as the U.S. or EU.
- Support service is not available 24/7.
- Limited educational materials and analytics on the broker’s website.
TU Expert Verdict
Chief Analytics Officer
Almondz provides access to trading Indian stocks, derivatives, and currency contracts through its proprietary AlmondzTrade web platform and mobile app, serving both retail and institutional clients. The broker is regulated by the Securities and Exchange Board of India, with membership on both the National Stock Exchange and Bombay Stock Exchange. Trading accounts and Demat accounts are opened entirely online with mandatory KYC, and the platform supports basic order types and charts. Stock delivery trades via the mobile app incur no brokerage fees, while intraday and derivatives trades have a flat INR 20 commission per order.
Drawbacks include lack of access to international markets such as the U.S. or EU, customer support that is not available 24/7, and limited educational or analytical materials for users. Almondz may not be suitable for traders seeking global market access or advanced research tools, but can meet the needs of those focused on investing in Indian equities with low costs.
Almondz Summary
Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
| 💻 Trading platform: | AlmondzTrade web terminal, mobile app (Android / iOS) |
|---|---|
| 📊 Accounts: | Demat, Trading, Retail, Institutional |
| 💰 Account currency: | INR |
| 💵 Deposit / Withdrawal: | Bank transfer, UPI, NEFT / RTGS (via Demat account) |
| 🚀 Minimum deposit: | N/A |
| ⚖️ Leverage: | Provided for derivatives, but conditions not specified |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | Depends on instrument type |
| 💱 EUR/USD spread: | INR 0 for stock trades via app; INR 20 for derivatives and intraday trades |
| 🔧 Instruments: | Stocks, IPOs, futures, options, currency contracts |
| 💹 Margin Call / Stop Out: | N/A |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market, Limit, Stop |
| ⭐ Trading features: | Zero-commission stock trades, asset management services, IPO trading |
| 🎁 Contests and bonuses: | No |
Almondz creates favorable conditions for investors trading Indian company stocks, particularly for long-term holdings. Zero brokerage fees for delivery trades and a simple interface make the service suitable for both beginners and experienced investors. Almondz provides access to delivery trading, meaning stock purchases with subsequent holding. The order system supports basic order types such as market, limit, and stop loss, while more advanced options including OCO and trailing stop are not available.
Almondz Key Parameters Evaluation
Trading Account Opening
To begin trading with Almondz, a trading account and a Demat account must be opened. Follow these steps:
Go to the official Almondz website and click "Open Demat/Trading Account."
Enter your contact details: name, mobile phone number, and email address.
Complete the registration form, adding PAN and Aadhaar, or other documents required for KYC verification.
Upload supporting documents: photo, ID, and proof of address.
Confirm the application using OTP or digital signature if available.
Wait for account activation. Once approved, you will gain access to trading via the web platform or mobile app.
User account features allow traders to:
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Make deposits.
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Place trading orders.
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Set up regular payments.
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Track the profitability of individual investments and the entire portfolio.
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Work with watchlists.
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View the latest news on tracked companies.
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View statements on dividends, fees, and expenses.
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Review pending order history, recent trading activity, transaction reports, and realized or unrealized profits.
Is Almondz Safe?
Almondz, the legal entity Almondz Global Securities Limited, operates under SEBI supervision and is a registered member of NSE and BSE. For asset custody, the broker uses national depositories CDSL and NSDL. All transactions are conducted through the licensed AlmondzTrade platform, and client securities are held in individual Demat accounts opened in the client’s name.
The company website contains full legal information, including risk disclosure documents, security policies, and complaint channels. KYC verification is mandatory for account activation and any financial operations. Basic account protection is provided through OTP confirmation, personal PIN codes, and data encryption.
Advantages
- SEBI regulation and NSE and BSE membership
- Use of CDSL and NSDL for storing assets in personal Demat accounts
- Transparent legal framework and public service terms
- Account protection through two-factor authentication
Disadvantages
- Deposits or withdrawals are not available without KYC
- The regulator does not review complaints from nonresidents
- Bank transfer is the main deposit and withdrawal method, with limited alternative channels
Commissions and Fees
Almondz uses a simplified model with zero brokerage fees for delivery stock trades via the mobile app. For intraday trading and derivatives, a fixed fee of 20 INR per order applies regardless of trade size. Additional costs include standard exchange fees, securities transaction tax, clearing fees, GST, and other regulated payments. The broker does not charge account maintenance or inactivity fees.
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Trading account | 0 INR for stocks, 20 INR for derivatives | N/A |
Information on deposit and withdrawal fees is not published on the Almondz website. For most Indian brokers, NEFT and UPI transfers are processed without extra charges.
Account Types
Almondz offers two primary client categories, individuals and legal entities. Regardless of category, two accounts are required to begin trading: a Trading account and a Demat Account. All accounts are opened online with KYC, including document uploads and identity verification.
The broker does not offer specialized accounts for non-residents or investors from other countries. No information is available on tax-advantaged or retirement accounts.
Deposit and Withdrawal
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Deposits can be made via NEFT, RTGS, IMPS, and UPI only from a bank account in the client’s name.
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The minimum deposit is not specified. Limits may depend on the bank.
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Credit time ranges from several minutes with UPI to one banking day with NEFT or RTGS.
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Withdrawals require submitting a request in the user account and selecting a previously verified bank account.
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Withdrawals are possible only to the same-name account as the trading account owner.
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Third-party transfers or corporate accounts are not accepted.
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Withdrawals are processed on business days. Requests outside the schedule move to the next banking day.
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E-wallets, cards, and international transfers are not supported.
Investment Options
Almondz offers clients access not only to exchange trading but also to passive investing and capital management services. Through the Almondz Global group, clients can use portfolio management, investment consulting, financial planning, and asset structuring.
Passive investment opportunities with Almondz
Asset management is provided through licensed entities supervised by SEBI. Almondz offers individual investment strategies based on an investor’s profile, goals, risk tolerance, and investment horizon. The focus is on long-term solutions with diversification across sectors, asset classes, and instruments.
Available services:
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Building portfolios of stocks, bonds, and funds.
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Setting up regular investing.
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Tax planning and income optimization.
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Consulting on strategic asset allocation.
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Working with corporate and institutional investors.
These options are available for both individuals and organizations. All portfolio solutions are developed with licensed investment consultants within the Almondz group.
Almondz partnership program
The broker does not offer a public partnership or referral program for retail clients. Almondz works actively with institutional and corporate clients, offering B2B partnership programs that include cooperation with registered investment advisors, agency and sub-broker agreements, and outsourced customer service through authorized points of sale.
Customer Support
Almondz provides customer support through a call center and email channels during business hours. Operators provide basic consultations on platform usage and accounts. There is no personalized support or 24/7 chat.
Advantages
- Phone and email support
- Request forms, notifications, and standard documents are available on the website
Disadvantages
- No online chat and no 24/7 support
- No ticketing and request tracking system
- No personalized support or dedicated manager
Available communication channels:
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Email.
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Hotline phone.
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Feedback form on the website and the AlmondzTrade platform.
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Office.
Online chat, Telegram, WhatsApp, and support through the mobile app are not listed as available official channels.
Contacts
| Foundation date | 1994 |
|---|---|
| Registration address | Level 5, Grande Palladium, 175, CST Road, Off BKC, Kalina, Santacruz (East) Mumbai 400098, Maharashtra, India |
| Regulation |
SEBI
Licence number: INZ000213936 |
| Official site | https://www.almondzglobal.com/index.html, https://www.almondz.com/index.php |
| Contacts |
+91-11-43500700
|
Education
Almondz provides limited educational content, mainly in the form of reference and introductory articles. The materials available on the AlmondzTrade platform explain basic stock market concepts, the structure of trading and Demat accounts, and the process of participating in IPOs. However, the broker does not offer a full educational system with structured courses, glossaries, webinars, or reviews of investment strategies.
The broker does not focus on educational support and does not offer centralized solutions to improve clients’ financial literacy.
Detailed review of Almondz
Almondz provides access to the Indian stock market through its proprietary AlmondzTrade platform, which supports trading stocks, derivatives, and currency contracts on NSE and BSE. Within the broader Almondz group, clients can also use additional investment and consulting services, including portfolio management, financial planning, and individual investment solutions, as well as services for institutional clients. These activities are primarily offered through the parent Almondz Global structure.
Almondz by the numbers:
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Operating since 1994.
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More than 350 employees.
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7 companies in the Almondz group.
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Authorized capital over 400 million INR.
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Paid-up capital over 172 million INR.
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Market capitalization over 3.1 billion INR.
Almondz is an Indian broker specializing in local markets
Almondz provides access to the Indian stock market through a proprietary platform that combines trading, custody, and asset tracking. Trading is linked to two main depositories, CDSL and NSDL, depending on the choice made during registration. All client assets are settled on T+2 and displayed in a personal Demat account.
The AlmondzTrade mobile app is regularly updated. It features TradingView charts, a scrip overview for fundamental analysis, customizable scanners, dark mode, and push notifications. The interface follows current patterns with an expanded Marketwatch and instant order status display. For analysis, there are simple charts and asset cards with core information such as price, change, volume, daily high, and low. Technical indicators and advanced tools are not implemented. The platform is designed for basic actions without complex visualization.
Useful Almondz services:
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Web platform and mobile app with essential functions for trading and portfolio management.
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Scrip Overview section with basic information on securities.
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Expanded Marketwatch with sector filters.
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Electronic notifications of corporate actions such as dividends and stock splits.
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Asset filters and simple charts for evaluation.
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Reference articles on basic stock market topics in the Knowledge Center.
Advantages:
Trading on NSE and BSE.
Choice between CDSL and NSDL when opening a Demat account.
Push notifications and instant order status updates.
A full set of regulatory documents is publicly available.
Online verification via e-KYC without an office visit.
Access to investment consulting through Almondz Global.
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