Why aren't DP charges included in the contract note at FYERS?
Depository Charges (DP charges) are fees imposed by depositories for equity transactions in your Demat account. The contract note, however, only includes trading-related costs, such as brokerage, STT/CTT, GST, and exchange fees, for trades executed on platforms like NSE, BSE, or MCX.
Since DP charges are levied by a separate entity (CDSL/NSDL) and not directly related to the trading platform, they are reflected separately in your Ledger as a distinct line item.
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What are the DP charges at FYERS?
The DP charges at FYERS, effective from October 1, 2024, will be ₹3.5 per transaction when you sell shares from your DEMAT account. Additionally, depending on specific conditions, you may be eligible for discounted rates as outlined below: ...
Are DP charges applicable for Buy Today Sell Tomorrow (BTST) transactions at FYERS?
Yes, DP charges are applicable for BTST transactions at FYERS. Shares are credited to your Demat account on the T+1 day and debited when sold, which incurs DP charges of ₹3.5 + GST. For more details on DP charges, kindly refer to this article. Note: ...
Why might the actual charges differ from estimated charges on order execution?
Price break up is the estimated pricing chart which contains break up of brokerage and other charges to be levied if you place a specific order. The charges levied in the contract note might vary from the price break up table due to any of the ...
Does FYERS have hidden charges during trading?
No, FYERS does not have any hidden charges. We are committed to transparent operations, and all applicable fees are clearly stated upfront. If you ever need clarification on any fees, our team is available to assist. For detailed information on fees ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, there are no Annual Maintenance Charges (AMC) at FYERS.