Tradingbells Charges – Find Brokerage Charges, Account Opening Charges & more

As far as this article is concerned, it’ll tell you all about the processes as per which Tradingbells charges its clients. In fact, we’ll elaborate in detail about Tradingbells Brokerage charges. We’ll even disclose about the rest of the brokerages as charged by the company.

Tradingbells is famous discount broker from the city of Indore. In fact, it is amongst some of the rarest brokers hailing from Madhya Pradesh itself. The company is almost 2 decades old and, yet it mainly thrives within the city of Indore for its business activities.

It was in the year 2016 that it even became a part of Swastika Investmart Ltd. The broking house is still being led by its founder Amit Gupta nonetheless. It won’t be at all wrong to mark it as a tech dependent company. It does not have any other branches apart from its headquarter.

Here, you’ll be well accompanied with the charging procedure of Tradingbells by the time you complete reading this article.

Tradingbells Brokerage Charges

Here is a basic representation of Tradingbells brokerage charges.

Tradingbells is a discount broker and, the very classification of the company tells you a lot about it. It definitely believes in distributing freebies and, that’s pretty much even evident from the table as well. Speaking of which, you may see that Equity Delivery Trading services are rendered for free by the company.

Even the services pertaining to rest of trade domains come with a flexible brokerage. These services include all of Equity Intraday, Equity Options, Equity Futures, Currency Options, Currency Futures and Commodity Trading services. All of these services are rendered for either 0.01% or Rs.20 per order.

The clients have the liberty to choose any of the aforementioned price plans at their will. The minimum required brokerage as set by the company is 0.01% of total transaction. The clients are free to use the Demat and Trading Accounts without AMCs. They even do not need to maintain a Margin Money balance to avail relevant schemes.

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Tradingbells Account Opening Charges

Here’s a list of all Tradingbells Account Opening charges that correspond to stock broking industry.

Even most of Tradingbells Trading charges and Tradingbells AMCs are granted for free. This is well evident from the table as well. So, you can see that the clients are charged for Trading Account allocation. In fact, the clients even enjoy using Trading and Demat accounts without any specific AMCs.

They do need to pay Rs.750 as Demat Account opening charge nonetheless. This is however a one time payment.

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Tradingbells Transaction Charges

Tradingbells Transaction Charges are incurred from clients for every transaction they commence. This is a part of the depository services that the clients get to avail. We’ve mentioned all of these charges in details within the table below.

The company acts as a depository participant of CDSL. And, these charges are levied for the provision of depository services. In fact, Tradingbells charges their clients with these charges every time they transact through the company. There is no discrimination in this matter.

So, the clients get to pay the exact same amount for transacting through all sorts of trading domains. The list of these services consists of Equity Intraday, Equity Delivery, Equity options, Equity Futures, Currency Futures, Currency Options and even Commodity Trading services.

They are all subject to the transaction charge of 0.00294% of the total generated turnover by the clients. You must even understand that this is one of the lowest rates at which the charges are levied across the entire industry.

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Other Charges As Levied By Tradingbells

A list of Tradingbells charges corresponding to taxes are provided right below this section.

The charges enlisted above are considered as Tradingbells other charges. They mostly consist of a few taxes that are to be imposed on behalf of the government. However, there are a few charges that correspond to the company’s own policies.

Let’s begin by talking about SEBI Turnover Charges. This is charged at a rate of 0.0007% of total turnover. Then there is the matter of STT, which is again charged at 0.0111% over total turnover. The clients even need to deal with the Margin Funding Charges levied at 18% + GST.

Then there is the GST itself at 18% over transaction charges and brokerage. Lastly, an imposition of Stamp Duty takes place. This one varies from state to state. All these charges belong to the tax groups. As mentioned earlier, there are a few charges that correspond to the company’s internal policies.

These include Reactivation Charge and Dematerialization Charge. They are levied at Rs.50 per Segment and Rs.65 respectively. The clients are spared from paying any kind of Account Closure Charges nonetheless.

Tradingbells Charges – Conclusion

You got to know all about Tradingbells charges in terms of brokerage and otherwise. We made sure you have all the necessary information about the Tradingbells demat charges. Think about brokerage, or account opening charges, or transaction charges, or even government charges, and this articles renders you all the information.

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