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Important update on Brokerage rates
Recent years have been quite rewarding for brokers with an influx of investors and traders entering the stock market. This influx has led to the broking industry undergoing various regulatory changes in order to protect investor interest and ensure 100% transparency.
Accordingly, to ensure that we continue to provide competitive, cutting-edge technology, products and services, we are introducing some pricing changes.
Please be rest assured that you will continue to enjoy ₹0 brokerage on Delivery, IPOs and Direct Mutual Funds. However, effective 30th December 2024, a flat fee of ₹5 per executed order will be applicable on Intraday, Futures, Options, Currency and Pay Later (MTF) trades.
While we continue to provide MTF at one of the lowest interest rates from 6.99% p.a. (funding above ₹5 crore), effective 30th December 2024, we will be adding a new funding slab as follows:
- 0.0192% per day for funding above ₹5 crore
- 0.0274% per day for funding from ₹25 lakh to ₹5 crore
- 0.0411% per day for funding up to ₹25 lakh
We would like to assure you that we are committed to bringing you innovative products, world-class technology and top-notch services. Here’s a glimpse of what’s in store for you:
- Options strategy builder
- Instant margin benefit under Pledge Shares
- Trading APIs
- BSE F&O activation
- Personalised updates & more.
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