R Wadiwala Securities Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Apr 29, 2022If you are up to enter the stock market world, one fine option is R Wadiwala. If you fix up on this company, you need to keep track of the R Wadiwala Securities Charges. It is because brokerage charges are a thing when you invest, and they are deducted from every transaction.
This article includes not only the R Wadiwala Securities Brokerage Charges, but every possible charge you may encounter along the path of investing in capital market.
R Wadiwala Securities Brokerage Charges
Realize the percent of R Wadiwala Securities Brokerage you will be spending on each trade, below.
| Equity Delivery | 0.29% |
| Equity Intraday | 0.03% |
| Equity Futures | 0.03% |
| Equity Options | Rs.29 per Lot |
| Currency Futures | 0.03% |
| Currency Options | Rs.19 per Lot |
| Commodity | NA |
| Flat Monthly Fees, if any | NA |
Investing in stock market is done with the motive of making profits from each transaction. However, there are a lot of charges which bring your profitability down.
So, you need to stay aware of it, in order to ensure you retain a significant amount of profit even after paying the charges.
The R Wadiwala Securities Brokerage Charges for the first few segments are same, 0.03%. The segments referred to are equity intraday, equity futures, currency futures. The company does not provide trading in commodity so, you might want to consider another company if it is your objective.
The most aspired trading format – equity delivery has a charge of 0.29%. Lastly, the equity options has a charge of Rs.29 per lot and currency options Rs.10 per lot. Use our tool to determine the exact profit from each transaction.
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R Wadiwala Securities Account Opening Charges
Take a look at the R Wadiwala Securities Account Opening Charges construction of this company.
| Trading Account Opening Charges [One Time] | Free |
| Trading AMC [Yearly] | Rs.250 per Annum |
| Demat Account Opening Charges [One Time] | Free |
| Demat AMC[Yearly] | Rs.290 per Annum |
| Margin Money | Zero Margin |
| Brokerage Calculator | R Wadiwala Securities Brokerage Calculator |
| Margin Calculator | R Wadiwala Securities Margin Calculator |
Open an account and you will have to pay certain charges. Not only the account opening charges, the demat and trading account have certain AMC to maintain your investments. The opening charge is a one time charge in nature; however the R Wadiwala Securities AMC Charges occur once every year.
There are certain companies who waive off a part of such charges, in order to please their clients. In a similar attempt, this company has waived off both the trading and demat account maintenance charge. The R Wadiwala Securities Trading Charges for AMC are Rs.250 per annum however for the demat account it is Rs.290 per annum.
Your next consideration should be the margin money. This company has no limit termed as margin money, and so you aren’t obligated to maintain a fixed amount of money at all times.
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R Wadiwala Securities Transaction Charges
Learn the R Wadiwala Securities Transaction Charges which gets deducted from your profit margin.
| Transaction Charges | 0.00290% |
| Equity Delivery | 0.00290% |
| Equity Intraday | 0.00290% |
| Equity Futures | 0.00290% |
| Equity Options | 0.00290% |
| Currency Futures | 0.00305% |
| Currency Options | 0.00290% |
| Commodity | 0.00290% |
If you perceive, brokerage charges are all you need to keep into account, we present to you the other R Wadiwala Securities Charges. There are a bunch of other minute charges, which when account for at the end places a significant impact of the profit made.
One such minute charge is the transaction charge. It is fixed for each of the segments and briefed above. But, irrespective of the segment you invest in, you will pay the same 0.00290% for each of the segment.
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R Wadiwala Securities Other Charges
Lastly, we didn’t forget to mentions the other R Wadiwala Securities Charges, such as government.
| 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 | Zero |
| Dematerialisation Charges | Rs.65 |
Here we arrive at the last set of R Wadiwala Securities Other Charges. They comprise of both the company and government charges. As for the government charges, the list go as SEBI turnover, STT, stamp duty and the GST charges.
As for the company charges, it goes out like Rs.50 per segment as both reactivation and account closure charges. The charge mentioned, in on individual basis. Lastly, dematerialisation charges are Rs.44. Plus, if you opt for the margin funding facility, you need to pay 18% + GST.
R Wadiwala Securities Charges – Conclusion
Look out for the R Wadiwala Securities Charges at all times, before you make a transaction. Because, when you make a transaction, you will not make the profit you think you will. Rather, the overall turnover is further subject to the R Wadiwala Securities Demat Charges deduction.
It is important to know the set of charges in order to ensure you will not incur any losses. We also made the commutation easy for you with the provision of the calculator. Link to the calculator is provided in the first table.
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