Sharewealth Securities Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Nov 24, 2022Investing is stock market is often related to paying various sets of charges. Newbie investors barely know all such charges, and often experience losses, because of unaccounted charges. Newbie or experienced personnel, if you wish to stay associated with Sharewealth, here is the information on Sharewealth Securities Charges.
The Sharewealth Securities Brokerage Charges are way beyond only the brokerage charges. You need to keep checking for all the times you need to pay charges, and this article portrays the entire list. Take a check, and mark down all the possible charges you may encounter and keep your expenses accounted.
Sharewealth Securities Brokerage Charges
Stay updated on the Sharewealth Securities Brokerage which decreases your potential profit.
Equity Delivery | 0.35% |
Equity Intraday | 0.04% |
Equity Futures | 0.04% |
Equity Options | Rs.35 per Lot |
Currency Futures | 0.04% |
Currency Options | Rs.20 per Lot |
Commodity | NA |
Flat Monthly Fees, if any | NA |
Sharewealth Securities Brokerage Charges are absolutely unavoidable, and they are literally charge by each and every stock broker.
The amount charged however varies as each company develops its personal charge framework and structure.
As per basic structure, the Equity Delivery trading segment has the highest percentage of charge, and it is 0.35%.
The next sets of charges are Equity Intraday Trading, Equity Futures Trading, and Currency Futures Trading which commonly have 0.04% as charge.
The company has no inclusion of the commodity service and so, you will not be able to invest in the particular segment with Sharewealth. Furthermore, the last classified segments are Equity Option Trading and Currency Option Trading. They have the designated charge of Rs.35 per Lot and Rs.20 per Lot respectively.
Feel free to study the segments and invest with the one you find most profitable. Each of the segments have different characteristics and risk profile.
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Sharewealth Securities Account Opening Charges
Scroll over this section of Sharewealth Securities Account Opening Charges to know your additional account related expenses.
Trading Account Opening Charges [One Time] | Free |
Trading AMC Charges [Yearly] | Rs.250 per Annum |
Demat Account Opening Charges [One Time] | Rs.300 |
Demat AMC Charges [Yearly] | Free |
Margin Money | Minimum Rs.3,000 |
Brokerage Calculator | Sharewealth Securities Brokerage Calculator |
Margin Calculator | Sharewealth Securities Margin Calculator |
You cannot carry on your trading activities without a demat and trading account. Both the accounts are subject to a charge on individual basis, where you have to pay a charge at the opening of account and the Sharewealth Securities AMC Charges.
The AMC charges are paid once every year, so they are not a major expense you need to be worried about. Starting with the Sharewealth Securities Trading Charges, the account opening charge is free; however, the AMC is set at Rs.250 per annum. Such an amount is pretty economically charged by the company.
Moving on to the demat account, you have to pay Rs.300 as a one time account opening charge. Then, the AMC is free, which makes us understand how well the company has structured its charge. Also, the margin amount is set at a low Rs.3,000.
Find Account Opening Charges of other Stock Brokers
Sharewealth Securities Transaction Charges
Every transaction you undertake, attracts Sharewealth Securities Transaction Charges as mentioned below.
Transaction Charges 2019 | 0.00325% |
Equity Delivery | 0.00325% |
Equity Intraday | 0.00325% |
Equity Futures | 0.00325% |
Equity Options | 0.075% (Premium only) |
Currency Futures | 0.00305% |
Currency Options | 0.065% (Premium only) |
Commodity | 0.00325% |
The Sharewealth Securities Charges related to transaction is as well required to be identified. It is because such a charge appears every time you place an order. So, being aware of this charge is a good idea, as it occurs frequently. The charge is pretty minute if you commute it.
Companies generally lay a generalized percentage for all the segment, and so has Sharewealth followed the fashion. It has set the transaction charge for all the Equity Intraday Trading, Equity Futures Trading, Currency Futures Trading, Currency Options, Equity Option or commodity segment as 0.00325%.
Find Transaction Charges of other Brokers
Compositedge Charges | GEPL Capital Charges | Indus Portfolio Charges |
Ezwealth Charges | Kaynet Finance Charges | Inditrade Capital Charges |
GCL Securities Charges | Intime Equities Charges | Arch Finance Charges |
Sharewealth Securities Other Charges
Last set of unavoidable Sharewealth Securities Charges are illustrated in the table below.
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 |
Dematerialisation Charges | Rs.44 |
On the final note, you need to keep tabs of the Sharewealth Securities Other Charges. This bunch as other petty company related expenses and also government charges. As for the petty charges, the reactivation charge is Rs.55 per Segment, account closure is Rs.50 per segment and Dematerialisation is Rs.44.
The government charges are actually pretty defined and similar for all the stock brokers. They comprise of SEBI Turnover Charges, STT, Stamp Duty and GST. They are briefly given in the table above. The next charge you need to know is margin funding charges of 18% + GST.
Sharewealth Securities Charges – Conclusion
You may think, with all the charges listed up, you barely have a chance to make profits. But, it is when you commute the charges and try it out yourself that will help you understand the mechanism behind all the Sharewealth Securities Charges.
Our calculator is the handiest tool you would come across, which would let you know the end possible Sharewealth Securities Demat Charges for each of the transaction. We have included the link to it in this article for your convenience.
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