Charges List

Discount Charges

Charge Head Brokerage/Charges
Equity Intraday Rs. 13 per executed order or 0.03% of Turnover whichever is lower
Equity Delivery Zero Brokerage
Futures Rs. 13 per executed order or 0.03% of Turnover whichever is lower
Options* Rs. 13 per executed order
Currency Futures Rs. 13 per executed order or 0.03% of Turnover whichever is lower
Currency Options* Rs. 13 per executed order
Call & Trade Services Rs 70 per day order placed through a dealer
Account closure charges Rs 250 + GST

Disclaimer: For Delivery based trades, a minimum of Rs. 0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged Rs. 20 per contract note plus courier charges. A brokerage of 0.5% of the contract value will be charged for contracts where physical delivery happens. In addition to the brokerage charge the following charges will also be levied.

Schedule of Charges:

1. Exchange transaction charges | 2. Clearing charges | 3. Securities Transaction Tax | 4. Goods & Services Tax | 5. SEBI Turnover fees | 6. Stamp Duty | 7. Minimum of Rs.15 Brokerage will charged per contract note.
Note: Brokerage will not exceed the rates specified by SEBI and the Exchanges
All Statutory and Regulatory charges will be levied at actuals
Brokerage is also charged on expired, exercised, and assigned Options contracts
*Turnover for Options is calculated as (Strike + Premium)*Lot Size
Charges for other value added services will be applicable at the time of availing such service, upon your consent.

Traditional Charges

Disclaimer: For Delivery based trades, a minimum of Rs. 0.01 will be charges per contract note.
Clients who opt to receive physical contract notes will be charges Rs. 20 per contract note plus courier charges. A brokerage of 0.5% of the contract value will be charges for contracts where physical delivery happens. In addition to the brokerage charge the following charges will also be levied.

Schedule of Charges:
1. Exchange transaction charges | 2. Clearing charges | 3. Securities Transaction Tax | 4. Goods & Services Tax | 5. SEBI Turnover fees | 6. Stamp Duty Brokerage is also charged on expired, exercised, and assigned Options contracts
Turnover for Options is calculated as (Strike + Premium) Lot Size
Charges for other value added services will be applicable at the time of availing such service, upon your consent.
Additional charge of rs.10 per order may be charged for orders placed through our support/dealing desk.

• Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Ensure that pay-out of funds/securities is received in your account within 1 working day from the date of pay-out.
• Be careful while executing the PoA (Power of Attorney) – specify all the rights that the stock broker can exercise and timeframe for which PoA is valid. It may be noted that PoA is not a mandatory requirement as per SEBI / Exchanges.
• Register for online applications viz Speed-e and Easiest provided by Depositories for online delivery of securities as an alternative to PoA.

• Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.

• Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: NSE, MCX

• Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.

• Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.

• Don’t ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.

• Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.

• Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.

• Do not deal with unregistered intermediaries (who are not registered with SEBI/Exchanges).

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