All of us are bothered about the brokerage charge we need to pay to a broker. Hence, the prime consideration would be to choose a broker who has cheaply devised price plan. If you wish to take SATCO as your prime consideration, make up to the SATCO Capital Charges, and decide if they are worthy of investment.
Reading about the facts and figures of the SATCO Capital Brokerage Charges, you will be able to draw a conclusion if the charges are average to the industry standards. Following which a decision can be taken.
SATCO Capital Markets Brokerage Charges
The following tabular representation illustrates the SATCO Capital Brokerage charges for your reference.
|Equity Options||Rs.35 per Lot|
|Currency Options||Rs.20 per Lot|
|Flat Monthly Fees, if any||NA|
To begin with, you need to have a full disclosure of the SATCO Capital Brokerage Charges.
This will help you make the decision of investing with the company, and the also choose the best format of trading. The first format of trading available for you is the delivery trading, which has a charge of 0.35%.
Next, there are a bunch of segments that commonly have the same rate of 0.04% and they are the intraday, equity futures, currency futures. On the contrary, this company has no provision of providing the commodity service as of now, but we hope that they provide this format of trading as well.
The remaining segments to discuss are of options. So, if you want to invest in equity options, you have to pay a price equal to Rs.35 per lot. There is a change in pricing for the Currency options and it is Rs.20 per lot.
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SATCO Capital Markets Account Opening Charges
The need to know about the SATCO Capital Account Opening Charges is fulfilled through the table given below.
|Trading Account Opening Charges [One Time]||Free|
|Trading AMC [Yearly]||Rs.100 per Annum|
|Demat Account Opening Charges [One Time]||Rs.500|
|Demat AMC [Yearly]||Free|
|Margin Money||Minimum Rs.7,000|
|Brokerage Calculator||Satco Capital Brokerage Calculator|
|Margin Calculator||SATCO Capital Margin Calculator|
You need to make the decision of investing with this firm, and if you do, you need to open a demat account as well we the trading with them. Both the accounts have a charge for availing them in the first place and then for maintaining them accordingly.
The maintenance charges are referred to as the SATCO Capital AMC Charges and are paid once every year. Account opening charges however are to be paid only once, at the time of opening. The demat account opening charges are Rs.500 but the AMC are nil.
The opening SATCO Capital Trading Charges are nil, and a likewise low Rs.100 amount is charged every year for maintenance. Also, you need to ensure you have a minimum of Rs.7,000 in your account always. it is the set criteria by the company and invest has to be according to it.
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SATCO Capital Markets Transaction Charges
Trade seamlessly, out of context with the fear of unwanted loss, by accounting for SATCO Capital Transaction Charges.
|Transaction Charges 2019||0.00319%|
Now that you know of the brokerage, as well as the account charges, you need to know of the further transaction SATCO Capital Charges.
They are taken over on the basis of each segment. However, the table briefly portray that all the segments, namely Equity delivery, equity intraday, equity futures, equity options, currency options, currency futures and also commodity have the same price tag.
They commonly have a charge which is accounted at 0.00319% of the entire turnover. It is commuted on every trade, and the payment goes to the company.
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SATCO Capital Markets Other Charges
Finally you also need to keep track of the SATCO Capital Charges at the end.
|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|
Here are the final sets of charge, if you wonder how many more charges are included. They basically comprise of a bunch of government SATCO Capital Other Charges, and are the obligations you have towards the government. They are basically the SEBI Turnover, STT, Stamp duty and GST charges. Refer to the table for exact figure.
Further, you will have to pay a reactivation charge of Rs.50 per segment. The similar Rs.50 per segment charge is applicable for account closure as well. Lastly, you have to pay Rs.44 if you avail for the dematerialization charges.
SATCO Capital Charges – Conclusion
We tried to put all the charges in a perfect and easy to understand manner. All the tables portray what you will pay for each of the transaction you perform with the company. It all begins with the SATCO Capital Charges for brokerage and end with the government charges.
The further SATCO Capital Demat Charges have also been illustrated for your reference. You now know the account opening charges as well as the account closing charges, and other similar petty expenses as well.
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