This article is meant to throw some limelight on the Sunlight Broking Charges. While investing with this particular company, you are deemed to come across certain payments, you might be unaware of. So, our object and motive for this article is to tell you all about the Sunlight Broking Brokerage Charges.
We have precisely made this article with charge context. We have grouped all the charges as per their traits and nature, which would make it easy for you to understand and also remember. Check out each and every table to know the possible charges you need to pay being associated with this company.
Sunlight Broking Brokerage Charges
Sunlight Broking Brokerage should be the first set of charges you must consider reviewing or learning.
|Equity Options||Rs.28 per Lot|
|Currency Options||Rs.18 per Lot|
|Flat Monthly Fees, if any||NA|
Stock broking companies are generally pretty clear about their intention of charging profits.
Brokerage is like the right of a stock broking company, and each of the company has a different framework. Investors often go for the company which has low set of charges.
So, here is the clear and precise draft of the Sunlight Broking Brokerage Charges. Starting with the Equity Delivery Trading, it is the most sought after segment because of its low risk profile trait. Its charge is 0.28%.
The further charges are of Rs.28 per Lot for Equity Options Trading and Rs.18 per Lot for Currency Options Trading.
Moving ahead Equity Intraday Trading, Equity Futures Trading, Currency Futures Trading and Commodity Trading, all have the same charge of 0.03% each. You have all the option of investments, including the commodity trading which is a rare site for most of the stock brokers.
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Sunlight Broking Account Opening Charges
This is where we discuss about the various account related Sunlight Broking Account Opening Charges and AMC.
|Trading Account Opening Charges [One Time]||Free|
|Trading AMC [Yearly]||Rs.250 per Annum|
|Demat Account Opening Charges [One Time]||Rs.300|
|Demat AMC [Yearly]||Free|
|Margin Money||Minimum Rs.3,000|
|Brokerage Calculator||Sunlight Broking Brokerage Calculator|
|Margin Calculator||Sunlight Broking Margin Calculator|
For this sub section, we have decided to discuss about the demat and trading account related charges. Both of the accounts generally include an account opening charge of one time in nature, and a yearly occurring AMC. Some companies decide to waive off a certain portion or even all the charges.
As for the Sunlight Broking AMC Charges, you have to pay Rs.250 per annum only as the Sunlight Broking Trading Charges. There is not AMC related to the demat account and the company has decided to waive it off. This is actually a sigh of relief for the investors, as their expense is minutely cut off.
Speaking of the account opening charges, you do not need to pay anything for the trading account, but for the demat account; you have to pay Rs.300. this is a find balance attained by the company in charge structuring. Lastly, make sure you have a minimum balance of Rs.3,000 as it is a requirement set by the company,
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Sunlight Broking Transaction Charges
This time, for this sub section, we have the Sunlight Broking Transaction Charges.
|Transaction Charges 2019||0.00325%|
You need to keep placing active orders if you wish to make a decent amount of profits every now and then. Also, you will be subject to a payment of transaction charge also referred to as the Sunlight Broking Charges. The transaction charge is applicable for all the segments.
The segments Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures, Currency Options and Commodity all have the same charge for this company. The charge is a small amount of 0.00325%, which when commuted account for a tiny amount from the total turnover.
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Sunlight Broking Other Charges
This is the last set of Sunlight Broking Charges you need to know about, which include the government charges.
|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.45 per Segment|
|Account Closure Charges||Zero|
Here is the last subsection, dedicated to the information on the Sunlight Broking Other Charges. The first and foremost mention we wish to make is of the government charges, which consist of SEBI Turnover Charges, STT, Stamp Duty, GST. The figures related to it are given in the table above.
Rest of the charges are other petty company related charges. They are reactivation charge of Rs.45 per segment, account closure charges are nil, but the dematerialization charges are Rs.45. For the final charges, we have the margin funding, which account to 18% + GST.
Sunlight Broking Charges – Conclusion
So, finally now that we have approached the end of the article, you can form a view about the Sunlight Broking Charges. If you are not sure how to categorize this company’s charges structure, we suggest you to go through other similar company charges.
You can check our similar content pages, where we have provided information about other firms and their charges. As for the Sunlight Broking Demat Charges, this company has a decent structure, which is constructed keeping in view the client’s betterment. For further help, you may consider our calculator for the commutation process.
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