Findoc Investmart Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Nov 17, 2022Grow your capitals with Findoc Share and Securities. Yes, you read it right. Findoc is emerging as a skilled name in the market. Specialist research team is assessing every aspect of market to come with best resources.
Equities is one of the best outcomes of trade market. We can consider the same thing about Commodities, Currencies and other derivatives catered by company.
Establishing here a deeper knowledge about Findoc Investmart Charges for the year 2019. This article comprises Demat, Broking, A/C opening and other charges.
Findoc Investmart Brokerage Charges
The first thing client should look for, is the low Brokering Fee. Findoc is one such company. Let’s have look on Brokerage charges chart.
Brokerage Charges | |
Equity Delivery | 0.1% – 0.2% |
Equity Intraday | 0.01% – 0.02% |
Equity Futures | 0.01% – 0.02% |
Equity Options | Rs.10 – Rs.20 per Lot |
Currency Futures | 0.01% – 0.02% |
Currency Options | Rs.7 – Rs.10 per Lot |
Commodity | 0.01% – 0.02% |
Flat Monthly Fees, if any | NA |
Brokerage Calculator | Findoc Investmart Brokerage Calculator |
Setting the record straight, Corporation sets the benchmark in market by just charging 0.1 to 0.2 percent brokerage fee on Equity Delivery.
Brokerage charges on same day trading, equity intraday are 0.01% to 0.02 %. Brokerage charges can be computed through Findoc Investmart Brokerage Calculator
Continuing further, brokerage charges in case of Equity Futures, Options are between 0.01% to 0.02 %. Tax ranges from Rs 10 per lot to Rs 20 per lot, for buying and selling Equity Options. Consumer just need to pay brokerage fee between 0.01% – 0.02 % for trading in Currency Futures and Commodities.
In the leadership of Hemant Sood, Company is making all the services better in Currency Options and other. Charges fixed for purchase/sale of Currency Options are Rs 7 to Rs 10.
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Findoc Investmart Account Opening Charges
Discussing the next phase of charges involved. Below are Findoc Investmart Account Opening Charges.
Account Opening Charges | |
Trading Charges [One Time] | Rs.599 |
Trading AMC [Yearly] | Free |
Demat Charges [One Time] | Zero |
Demat AMC [Yearly] | Free |
Margin Money | Zero Margin |
It is visible that only charge corporation levies for account opening is Trading charges. It is a one-time charge and clients need to pay Rs 599.
All the other services like Demat account opening, Trading account maintenance, Demat account maintenance is free. Company also not deals in margin money options.
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Findoc Investmart Transaction Charges
Other than brokerage fee, there are Findoc Investmart Transaction Charges, applicable on trading services.
Transaction Charges | |
Equity Delivery | NSE: 0.00325% and for BSE Rs. 1 per trade (each side) |
Equity Intraday | NSE: 0.00325% and for BSE Rs. 1 per trade (each side) |
Equity Futures | NSE: 0.00210% and for BSE Rs. 1 per trade (each side) |
Equity Options | NSE: 0.053% and for BSE Rs. 1 per trade (each side) |
Currency Futures | NSE: 0.00135% |
Currency Options | NSE: 0.044% |
Commodity | Non-Agri: 0.0036% and for Agri: 0.00275% |
Buying and selling is done through NSE for Currency Futures and Currency Options. Transaction charge per settlement are 0.00135 % on Currency Futures and 0.044 percent on Currency Options.
Transaction charge for non-agricultural commodities are 0.0036 percent and for agricultural trading, transaction charge on each settlement is 0.00275 %.
Moving towards Equities, charges involved in Equity Delivery & Equity Intraday through BSE are 0.00325 %. And Rs 1 per trade through BSE in both the cases.
Equity Futures transaction charge is 0.00210 % when done through NSE desk and Rs 1 per trade is the charge for BSE. Clients opting Equity Options need to pay 0.053 percent for either buying or selling. Corporation is a trading expert because of its Qualitative Research Services.
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Findoc Investmart Other Charges
Following section studies the Findoc Investmart Charges coming under other charges.
Other Charges | |
SEBI Turnover Charges | 0.0002% of Total Turnover |
STT | 0.0126% of Total Turnover |
Stamp Duty | 0.002% – 0.004% – Depends on State |
GST | 18% of (Brokerage + Transaction Charges) |
Margin Funding Charges | 18% + GST |
Reactivation Charges | Rs.50 per Segment |
Account Closure Charges | Rs.50 per Segment |
Dematerialization Charges | Rs.22 |
Company charges service tax on some of the other utilities like account closure, reactivation & dematerialization. These are determined by corporation itself. Staring with Dematerialization, charges imposed are Rs 22 and for closing or reactivating account, charges levied are Rs 50 per segment.
The above 5 charges are almost same for every company in the industry. These are mandatory charges and cannot be overlooked. Through continuous seminars & workshops, corporation is awaking clients to achieve good results.
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