5paisa brokerage calculatorby Ben Wane Consultant What is brokerage at 5paisa?
5paisa offers different brokerage plans to its customers. The company offers 3 plans; Power Investor Pack, Ultra Trader Pack and Basic. It charges a fixed brokerage fee which varies as per the chosen plan.
Is 5paisa demat account free?
5paisa Demat Account Opening Fee Rs. 0 (Free)
5paisa Demat Account Annual Charges (AMC) Rs. 540 (*charged as Rs. 45 per traded month)
*per traded month irrespective of the number of trades. So, there will be no charges levied if you do not trade in any particular month. For example, if you Traded 5 times in the month of January then you will be charged a total of Rs. 45+ GST for January.
What is margin blocked in 5paisa?
In 5paisa, margin blocked is the total money blocked as margin for open positions in F&O. It is done to cover the potential losses; a position can incur. The blocked margin is released once the positions are squared off. The margins offered by 5paisa is 0x to up 20x.
Is 5paisa safe?
5paisa is a trustworthy stockbroker. It is among the top 5 discount brokers in India. 5paisa is registered with SEBI, CDSL, BSE, NSE, and MCX, etc. Also, it is audited regularly by the exchanges and has excellent compliance records. The company’s promoters have a rich experience of 25+ years in the retail broking industry.
Apart from this 5paisa have separate charges for intraday, delivery, options and futures trading. You can get all the info from 5paisa brokerage calculator.
So make sure before investing that how much brokerages you have to pay, measure your profit in intraday by adding the brokerage charges too.
Created on Feb 7th 2021 23:42. Viewed 119 times.
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