Brokerage Fees
Zero brokerage on all Equity delivery trades on NSE, BSE, MCX and NCDEX
Account Set Up Fees
Zero trading & demat account opening and AMC charges
Alog trading Set-up
Zero Charges for API integration & Alog trading setup with dedicated account manager.
Flat Fees
Flat Rs. 20 or 0.25% (whichever is lower)
Per executed Order For Intraday, F&O, Commodities & Currencies
Zero brokerage: what does it mean?
In India, most brokers charge brokerage on your trades. Brokerage is calculated (for all products outside of options) as a percentage of the turnover done on a trade. On options, it’s usually calculated on a fixed brokerage amount per lot (for example, Rs. 100 per lot). Here, we will explain what the concept of zero brokerage means by taking you through various examples.
Example trade with brokerage
Let’s take an example of a broker that is offering 1 paisa brokerage on intraday (MIS) equity trading and 10 paisa brokerage on delivery trading. Let’s assume you place the following two trades:
- Buy 1000 shares of Reliance Equity at Rs. 960
- Sell the same 1000 shares of Reliance Equity at 970 during the same day.
In this case scenario, the brokerage charged would be
(1000 * 960) * (0.01%) +
(1000 * 970) * (0.01%)
= 96 + 97
= Rs. 193 in brokerage charges.
Example trade with no brokerage
Now, let’s take you through the same example with a flat pay-per-trade, zero brokerage model.
Assume that your broker charges a flat fee of Rs. 20/trade, and the same two trades were placed as above. Since you placed two trades, your total fees would be just Rs. 40.
The benefits
The benefits of this brokerage model are tremendous.
- On a zero brokerage model, you don’t have to worry about the size of your trade
- On a zero brokerage model, your break-even point is lower. This increases the probability of a trade being profitable.
- That way, you never need to worry about how large or small your trade size is.
That is the power of zero brokerage! Don’t hesitate to ask your broker how much you are paying in brokerage, as you might want to consider switching to a broker that charges zero brokerage.
Products / Services We Offer
Equity
Equity
Derivatives
Derivatives
Mutual Funds
Mutual Funds
Currency Trading
Currency Trading
Depository Service
Depository Services
Develop a Diversified Asset Allocation Strategy
When selecting stocks to invest in, you should carefully consider the risks of stock investing and develop a diversified asset allocation strategy that fits with your goals, investing time frame, and risk tolerance.
- Invest in approximately 20 to 30 stocks in at least six to eight sectors with different investment characteristics.
- No more than 20% of the total value of your stock portfolio should be in any one sector.
- No more than 10% of the total value of your stock portfolio should be in any one stock.
- You should invest a minimum of approximately 3% to 4% of the total value of your stock portfolio in each stock.
Deciding which stocks to invest in can be difficult, especially if you have a low tolerance for risk. That’s why it’s important to define one’s financial goals and how much risk can be tolerated. Research stocks that fit within your strategy and invest in stocks that have the potential to help you meet your specific goals, whether you want investment growth, income, or a combination of the two.
Your Financial Advisor can provide you with a wide range of stock investing services, including:
- Asset allocation strategy development
- Individual stock selection
- Help in deciding when to buy and sell your stocks