Flattrade Brokerage Charges Review | STT, Transaction and Other Charges
Flattrade is a Chennai-based discount stock broking company and an online brand of Fortune Capital that was incorporated in 2004. It is one of the fastest growing financial brokers. It is a brokerage firm expert in providing the least brokerage to its customers. It provides a robust customer support operation to its customers with extremely competitive prices. It helps in dynamic trading by providing innovative brokerage solutions to the customers. It also provides the online Investment platform for Wealth Management through Mutual Funds to the individuals and corporate and exemplary customer services at extremely competitive prices.
It is holding a membership of popular exchanges like NSE, BSE and MCX. The firm is growing steadily for the past few years. The name of Flattrade has emerged steadily in the past few years as it provides consistent analytical, hassle-free work in the comprehensive stock market of India.
Flat Trade Brokerage Charges
Flattrade Trading offers flat brokerage charges in India and low brokerage services to invest in various segments such as Equity, Currency, Commodity, IPO, and Mutual Funds with 0 fee brokerage or 0 trade fees charges. It also offers flat brokerage fee (Zero Brokerage Charges) and free demat account opening and trading AMC charges for a lifetime. Flattrade brokerage fee structure is given below:
Service
Charges
Equity Delivery
₹0
Equity Intraday
₹0
Equity Futures
₹0
Equity Options
₹0
Currency Futures
₹0
Currency Options
₹0
Commodity Futures
₹0
Commodity Options
₹0
Transaction Charges
Segment
Charges
Equity Delivery
NSE: 0.00345 (For Nifty 50, Nifty IT)
BSE: 0.003%
NSE: 0.00275% (Other than Nifty 50 and Nifty IT)
Equity Intraday
NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03%
NSE: 0.00275% (Other than Nifty 50 & Nifty It)
Equity Futures
0.0020%
Equity Options
0.053% (On prem)
Currency Futures
NSE: 0.0009%
BSE: 0.00022%
Currency Options
NSE: 0.035%
BSE: 0.001%
Commodity Futures
0.0026%; 0.0013% (FAR MONTH CONTRACT)
Commodity Options
0.05%
STT Charges
Segment
Charges
Equity Delivery
0.1% on buy and sell
Equity Intraday
0.025% on the sale side
Equity Futures
0.01% on the sell side
Equity Options
0.05% on sell side (On prem), Options Excised 0.125%
Currency Futures
NIL
Currency Options
NIL
Commodity Futures
0.01% on sell Side
Commodity Options
0.05% on sell side
Stamp Charges
Segment
Charges
Equity Delivery
0.015% or ₹5 per crore on buy side
Equity Intraday
0.003% or ₹300 per crore on buy side
Equity Futures
0.002% or ₹200 per crore on buy side
Equity Options
0.003% or ₹300 per crore on buy side
Currency Futures
0.0001% or ₹10 per crore on buy side
Currency Options
0.0001% or ₹10 per crore on buy side
Commodity Futures
0.002% or ₹200 per crore on buy side
Commodity Options
0.003% or ₹300 per crore on buy side
Other Charges
Name of the Charge
Amount Charged
GST
18% on (brokerage + transaction charge)
SEBI Charges
₹10 per crore
Conclusion
The Flattrade Trading grows at a very fast rate as compared to other discount broking houses. It is very good flat rate broker for the experienced traders as it provides various excellent advisory services.
Everyone has to be guided a lot of scammers are out there taking money from innocent traders. I was a victim to this scam crypto broker the made me loss my hard earn funds. I reported to Marketpeace. net and they where able to fight back for my funds now I have my funds fully recovered. You can as well write to their support team or WhatsApp +84 94 767 1524.
If you have ever lost money through Lottery, Compensation, Binary Options, Inheritance Cryptocurrency or Forex. Or your’e also facing some challenges of withdrawals or your broker manager is always asking you to make more deposit before you could place a withdrawals from your account or you traded and lost your funds without any reason or maybe you noticed that your broker manager manipulated your funds or you have lost your bitcoins you can report to Gavin ray a specialist who helps to recover funds from any company legitimate or not legitimate I lost about 120k to scammers with the help of gavin ray I got back my funds in full. Kindly contact them through this Email Address : gavinray78 gmail com and you will be guided on the steps to recover all your lost funds.
They offer the stock broking services as they can have any of account types that they offer like Depository Participant (Demat Account), Commodity Trading, Equity Trading, Derivatives Trading, Currency Trading and Mutual Funds.
The stock broker was founded in 2004 and the company is held privately and is led by Mr. K. Narayana Moorthy. He is a highly experienced and well-known spot bullion trader.
The Flattrade trader has two legal entities under its brand with Flattrade Trading Corporation. It renders services for Commodities trading, and Flattrade Capital Service Private limited.
The communication channel by which the stock broker reach out to its customers are through call, offline branches, Email and Web-form. The customers need to contact the stock broker between 8 AM to 8 PM i.e. during their office hours.
The customer will get the exposure for trading within 3 to 4 minutes of fund transfer from the account. It is an automated process and no manual intervention is required.
It is the fees charged by some of the stock brokers at the time of buying or selling the mutual funds. Mutual fund charges depend upon the stock brokers or fund houses. Many brokers also have 0 fee mutual funds.
No, you are not required to issue cheques by the investors while subscribing to IPO. Customer need to write their bank account number and sign in the application form in order to verify the bank account to make transactions.
Generally, users have to close their demat account as it cannot be changed into NRI account and open a demat account in India for NRI. But some brokers might provide this service. You can contact your respective stock broker’s customer care in which you have your existing demat account.
Yes, Flattrade traders provide investors with infrastructure, facilities and services that are complicated for them to achieve their short- and long-term business objectives.
They offer the dedicated relationship manager for the trading and wealth management, dealer terminal at the office or premises, reliable support and management processes, online product or investor terminal to partner’s clients at no additional cost.
Yes, the transactions are secure as Flattrade make transactions secure by sending the information about the account activities on your phones directly.
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jamez cutt
Everyone has to be guided a lot of scammers are out there taking money from innocent traders. I was a victim to this scam crypto broker the made me loss my hard earn funds. I reported to Marketpeace. net and they where able to fight back for my funds now I have my funds fully recovered. You can as well write to their support team or WhatsApp +84 94 767 1524.
Grace lalana
If you have ever lost money through Lottery, Compensation, Binary Options, Inheritance Cryptocurrency or Forex. Or your’e also facing some challenges of withdrawals or your broker manager is always asking you to make more deposit before you could place a withdrawals from your account or you traded and lost your funds without any reason or maybe you noticed that your broker manager manipulated your funds or you have lost your bitcoins you can report to Gavin ray a specialist who helps to recover funds from any company legitimate or not legitimate I lost about 120k to scammers with the help of gavin ray I got back my funds in full. Kindly contact them through this Email Address : gavinray78 gmail com and you will be guided on the steps to recover all your lost funds.