Just Trade Charges – Find Brokerage Charges, Account Opening Charges & more

In this article, we shall try to have a closer look at Just Trade Charges and other brokerage. Moreover, we’ll even discuss briefly about the company’s liabilities and approach in imposing certain taxes.

The year of its inception was 2008. The company features within the full service broker array of financial advisors and, it’s already competing with the biggest name in the industry. In fact, its 12 years of experience, 6 branches and 4 online platforms have proven to be generously profitable to both the company as well as its clients.

So, now that you know about the origins of this company, it’s time to move ahead. We’d try our best to dive deep and review one of the fundamental attributes of the company. We’re referring to Just Trade Brokerage Charges pertaining to the services it grants.

Just Trade Brokerage Charges

Just Trade brokerage plans appear similar to that of any other broker on the first look. However, it does pose an important difference. You’ll be able to spot it right away if you take a second glimpse at the table mentioned below.

Just Trade Brokerage charges are levied in a strategic manner. The company grants its clients every opportunity to save. This can be easily observed even in their brokerage layout. They tend to provide a flexible brokerage plan to their clients. This enables the clients to choose the best setting for themselves.

The table begins with the mention of Equity Delivery Trading. The charges applicable for these services vary between 0.2% – 0.4% per trade. The next set of brokerage is applicable to a whole lot of services. In fact, Equity Futures, Currency Futures Commodity and Equity Intraday Trading, all fall into this lot.

These services are rendered at a brokerage variation of 0.02% – 0.04%. Services pertaining to Currency Options are charged at Rs.10 per lot. This is in fact, one of the lowest charges as incurred within the entire industry. Anyway, let’s move forward to Equity Options trading.

These services are available at Rs.30 per lot. Just Trade levies a minimum brokerage per trade worth Rs.20. Moreover, it even has a specific rule in place for Margin Money balance. The clients of the company must maintain a minimum of Rs.10,000 in this matter.

They must even pay Rs.280 as Demat AMC every year. Trading AMC charges are totally waived off nonetheless.

Open Demat Account with Just Trade Securities – Fill up the Form Now!

Just Trade Account Opening Charges

Everything about Just Trade Account Opening Charges is briefed within the table as mentioned below.

Just Trade does provide certain freebie to its clients. However, it even ensures that it gets its fair share of payments. As you may observe within the table above, Just Trade Trading Charges does not apply for its clients. This means that the clients may use the Trading Accounts without having to pay anything.

This is true even for the Just Trade AMC charges for Trading Account. However, the company does levy a certain charge for Demat services. In fact, Just Trade Demat Charges levied at Rs.710. This is a one time payment. Also, the clients must pay Demat AMC at Rs.280 per annum.

Moreover, they must even maintain a margin money balance of Rs.10,000. This particular balance is necessary to enjoy the trade exposure plans as granted by the company.

Find Account Opening Charges of other Stock Brokers

Just Trade Transaction Charges

Just Trade Transaction Charges are one of the lowest within the industry. You can find out more about these charges from the table mentioned below.

Just Trade charges their clients based on the services they provide. This is true for most of their services. However, the transaction charge they levy does not really follow this rule. In fact, this is the only charge that is equivalently charged for all services.

The company tends to charge their clients at 0.00295% of their total turnover for this. All services pertaining to Equity Delivery, Equity Options, Equity Intraday, Equity Futures, Currency Futures, Currency Options and even Commodity trading fall within this category.

Find Transaction Charges of other Brokers

Other Charges As Levied By Just Trade

Just Trade chargesdoes not merely include their brokerage. In fact, the government ensures that they charge certain taxes on its behalf. And, that’s exactly what the table below enlists of.

Just Trade Other charges specifically include a total of five different taxes. Each of these taxes are charged as per the laws established by the government. Some of them cater to the laws of the central government. However, a few others are imposed as per the laws made by the State Government.

The table above begins with the mention of SEBI Turnover charges. These charges are levied at a rate of 0.0008% of total turnover. The next set of tax belongs to the Central Government as well. It is called the STT or Securities Transaction Tax.

This one is levied at 0.0114% of total turnover. The central Government even includes GST. This is charged at 18% over the sum of brokerage as well as transaction charges levied from the clients. Even the Margin Funding Charges worth 18% + GST are levied from the clients.

The last tax, nonetheless falls under the State Government’s set of criteria. This is the Stamp Duty we’re referring to. This one is rather negligible and varies from state to state.

The company further imposes a charge of Rs.50 per segment as Reactivation charges. The last set of charges as incurred upon the clients is Rs.65 for Dematerialization Charges.

Just Trade Charges – Conclusion

You were looking forward to known more about Just Trade. Now you know all about Just Trade charges. You’re well aware of Just Trade Demat charges and other brokerages.

You even understand the taxes they levy. So, what are you waiting for? Go ahead and register yourself to be one of their traders and enjoy all the benefits they have to offer.

Open Demat Account with Just Trade Securities – Fill up the Form Now!

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