Why are DP charges not displayed in the contract note?
Depository Charges are levied by depositories for the equity shares transaction in your Demat account whereas, the contract note carries all the trading and transactional charges like brokerage, STT/CTT, GST etc. and the executed trade details on exchanges, i.e. NSE, BSE or MCX.
DP charges are levied independently for the trade by the separate entity; hence, these charges are reflected in Ledger as a line item.
What are the DP charges levied by FYERS?
Our DP charges are among the lowest in comparison to the market standards; Earlier, we used to charge ₹ 10/- + ₹5.5 (CDSL charges) + GST (18% on ₹15.5) on the sell-side for delivery transactions which are settled on T+2 days. With effect from 5th ...
Do I need to pay DP charges for BTST transactions?
Earlier, we didn’t levy DP charges for Buy Today Sell Tomorrow (BTST) trades. However, with effect from 19th July 2021, DP charges will be levied on the BTST transactions due to the change in the settlement process. Let us understand the impact of ...
What are the brokerage charges for currency Futures & Options?
For currency futures trading, we follow flat pricing policy like equity futures, i.e. ₹20 per executed order or 0.03% (whichever is lower), whereas, for currency options trading ₹20 per executed order. Do check out our pricing and visit our Brokerage ...
Does FYERS levy Annual Maintenance Charges (AMC)?
There is no Annual maintenance charges in FYERS. Note: AMC was charged to the clients who had opened their account between 1st April 2020 and 4th June 2021 till 30th September.
What is the Clearing Member charges?
Clearing Member means a member of the Clearing Corporation who clears and settles trades through the Clearing Corporation. Further, a CM may clear and settle deals either on their own account or on behalf of their clients subject to the terms and ...