Please follow the procedure shown below for payout through NEST Trader.

  • Logon to NEST Trader Desktop software
  • Please go to Secure URL and click on payout optionPayout exe
  • Select bank details and put the amount to be withdrawn. Click on the submit. Payout bank page
  • Please click here for payout schedule.

Note: Payout process is subject to clear balance available in the trading account on request date.

 

Comments

    1. Trade Smart Online Article Author

      Hello Suresh,
      The funds should reach your account on the next working day for the payout requests made before 4 pm. Please refer to our payout schedule for more details.

    1. Trade Smart Online Article Author

      Hello Rajub Roy,
      As per SEBI and FMC regulations, brokers are not allowed to transfer client funds between Equity and Commodity account. You are required to take a payout from MCX segment, this amount will be transferred to your registered bank account. Then, you can make a payin again into your equity account. You may refer the FMC and SEBI circulars.

    1. Trade Smart Online Article Author

      Hello Durgesh,
      We do not charge anything for taking fund payout from your trading account to your bank account.

  1. Balvinder Singh

    Is your unlimited plan is totally brokerage free.Also will you deduct any Tax in unlimited plan.

    1. Trade Smart Online Article Author

      Hello Balvinder,
      Yes, in unlimited brokerage plan no brokerage charged to you. You can trade unlimited. Service tax will be applicable to you.
      Ex: Suppose you opt for 3999 unlimited brokerage plan, you will be charged 3999+600(service tax) which will be around Rs.4600. This will be charged on 1st day of every month. If there are no trades done in the entire month, we will reverse Rs. 4600 to your trading account on last day of the month.

    1. Trade Smart Online Article Author

      Hello Ankush,
      We usually take 2 working days to open an account if all your documents are KYC compliant. We also have arrange a call from your relationship manager for the further assistance.

  2. SUHAAS DATE

    Rs 15/ per order means, if i bought 1000 qty. bank nifty in a single order, but actually executed order in parts of 10. then how much brokerage will be charged ?

    1. Trade Smart Online Article Author

      Hello Suhaas,
      In case of MIS, CNC, NRML, CO(Cover Order) order types, even if the order executes in multiple trades then also you will be charged Rs.15 for the entire quantity. Because the order number is same for all partially executed trades. Please note in case of bracket order type(BO), you will be charged Rs.15 separately for each partially executed order as the order number differs whenever the order executes partially.

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