Latest update of 3rd September 2020: As per the exchange circular, it is decided not levy margin short penalty till 15th Sept, 2020. In derivative segments, collection of upfront margin from clients has been mandated for a long time. Now, SEBI has mandated the brokers to collect and report an upfront margin even for the […]
Central Government has simplified the collection of Stamp Duty process. A uniform Stamp Duty rate shall be charged across the states in stocks, derivatives, currencies and commodities. Collection shall be through Exchanges and Clearing Corporations. Earlier to this, the Stamp Duty was charged at the rate specified by your state government. We as broker used […]
As you know, we provide cash to collateral benefit in the ratio of 40:60 for derivative positions. For the purpose of payment to the Exchange, the ratio has to be 50:50. That means, 10% shortfall of cash component is funded by Trade Smart. Kindly note, there is a cost involved for maintaining the margin requirement […]
Below is the step wise procedure explained to place Public Offers (BuyBack / Takeover / Delisting). Login to BOX. Under Menu list, click Reports > My Portfolio Let’s assume if the buy back offer is going on for a particular scrip then it would show in Stocks in Holdings tab. Under Public Offer column you […]
Yes, different pricing plans can be chosen for Equity and Commodity segments.
No there are no minimum turnover commitments. You choose a trading plan most suited to your trading pattern and then you pay as per the plan chosen. No minimum turnover required from our side.
You will be informed if there is any shortfall in margin or debit balance, then you can pay that amount to avoid any inconvenience in trading.