Standard Chartered Securities Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Nov 17, 2022We’ll shed some light on the Standard Chartered Securities Charges incursion process. We’ll discuss about Standard Chartered Securities Brokerage Charges, Trading Charges and even some relevant taxes they levy. So, stay tuned and go through the entire article for further details.
Standard Chartered Securities is a full service broker. The company is a part of the Standard Chartered Group and acts as its subsidiary.
The company is a prominent member of nationally proclaimed exchanges like BSE and NSE. It even acts as a registered depository participant of CDSL and NSDL.
Standard Chartered Securities Brokerage Charges
Standard Chartered Securities brokerage is diversely displayed within the table below.
Equity Delivery | 0.2% – 0.5% |
Equity Intraday | 0.02% – 0.05% |
Equity Futures | 0.02% – 0.05% |
Equity Options | Rs.20 – Rs.50 per Lot |
Currency Futures | 0.02% – 0.05% |
Currency Options | Rs.10 – Rs.25 per Lot |
Commodity | 0.02% – 0.05% |
Flat Monthly Fees, if any | NA |
Standard Chartered Securities Brokerage charges are levied as per services rendered. In simple words, different services require a payment of different sort.
However, there is a more interesting fact about the brokerage of Standard Chartered Securities. They provide their clients with flexible brokerage plans.
Thus, you may observe the variation for each service rendered. At the very beginning we have services for Equity Delivery Trading. These services require 0.2% – 0.5% worth brokerage. Next, we have the services for Equity Intraday, Equity Futures, Currency Futures and Commodity Trading.
All of these services are available for hire at 0.02% – 0.05% brokerage. Equity options trading services come at a price of Rs.20 – Rs.50 per lot. The services concerning Currency Options are available for Rs.10 – Rs.25 per lot. There isn’t any specific percentage of transaction required.
In fact, the company even provides Trading AMC for free. However, the Demat AMC comes at a cost of Rs.310 per annum and, the traders must even maintain a minimum margin balance of Rs.15,000.
Compare Stock Brokers
Get a Call back from Standard Chartered Securities – Fill up the form Now!
Standard Chartered Securities Account Opening Charges
Standard Chartered Securities Account Opening Charges can be understood by a simple glance at the table below.
Trading Account Opening Charges [One Time] | Free |
Trading AMC [Yearly] | Free |
Demat Account Opening Charges [One Time] | Rs.310 |
Demat AMC [Yearly] | Rs.310 per Annum |
Margin Money | Minimum Rs.15,000 |
Brokerage Calculator | Standard Chartered Brokerage Calculator |
Margin Calculator | Standard Chartered Trade Margin Calculator |
Standard Chartered Securities Trading charges are totally unlike Standard Chartered Securities AMC charges. They do not depend on the services being rendered.
On the contrary, they only relate to the platforms being used. The company does not charge anything for Trading Account opening or Trading AMC.
However, the Demat Account opening charges are levied at Rs.310. In fact, the traders must even pay a Demat AMC worth Rs.310 per annum. Moreover, the Margin Money balance has to be maintained at minimum Rs.15,000.
Find Account Opening Charges of other Stock Brokers
Groww Charges | SAS Online Charges | Profitmart Charges |
Paytm Money Charges | Yes Securities Charges | Kunvarji Finstock Charges |
Fyers Charges | Stock Broker Charges | KR Choksey Charges |
Standard Chartered Securities Transaction Charges
Standard Chartered Securities Transaction Charges are all enlisted within the table below.
Transaction Charges | 0.00305% |
Equity Delivery | 0.00305% |
Equity Intraday | 0.00305% |
Equity Futures | 0.00305% |
Equity Options | 0.00305% |
Currency Futures | 0.00305% |
Currency Options | 0.00305% |
Commodity | 0.00305% |
Standard Chartered Securities charges a constant rate in this matter. In simple terms, the Transaction Charge for all of Standard Chartered services are the same. The clients must pay a sum worth 0.00305% per transaction, and this price is applicable to all services including the following:
- Equity Intraday Trading
- Currency Futures Trading
- Currency Options Trading
- Commodity Trading
- Delivery Trading
- Options Trading
- Futures Trading
Find Transaction Charges of other Brokers
Standard Chartered Securities Other Charges
Standard Chartered Securities charges some other amounts in terms of taxes. These charges are all levied as per the government’s norms. All of such charges are enlisted within 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 | Zero |
Dematerialisation Charges | Rs.53 |
At the beginning of the table we come across the SEBI Turnover Charges. Standard Chartered Securities charges their clients a total of 0.0002% over total turnover for this matter.
Next, we have the STT. This is even known by the name of Securities Transaction Tax. The company has a policy of charging 0.0126% over total turnover for this tax.
The third position is held by Stamp Duty. This is a negligible charge that varies as per the state of transaction. Then we have GST which is charged at 18% over the sum of brokerage and transaction amount. The margin funds are paid with a charge of 18% + applicable GST.
They even charge Rs.50 per segment in case a person requires reactivating the account. And, at last we have the Dematerialization Charges at Rs.44.
Standard Chartered Securities Charges – Conclusion
We have tried to explain all about Standard Chartered Securities Charges. We have included the Demat, Trading, Brokerage and all other relevant charges within this article.
However, we strictly recommend using Standard Chartered Brokerage Calculator for precise brokerage prices applicable for each and every trade value.
Standard Chartered Securities Demat Charges are the basics you need to know of, before entering into the world of stock market. guide yourself well enough for the trading process, and ace it.
Open Demat Account with Standard Chartered Securities – Fill up the Form Now!
Most Read Articles