Important Update: Applicability of Brokerage and Levies in margin Effective May 13, 2024
Dear Customer, We hope this message finds you well. We are reaching out to inform you about an important update regarding our brokerage and exchange levies, effective from 13th May 2024. Starting from 13th May 2024, we will be adding an extra charge of
Voluntary Freeze and Unfreeze of Trading Account
Dear Client, We are pleased to inform you about a new facility that allows you to voluntarily freeze and unfreeze your trading account as per your convenience. This is in line with the recent regulatory guidelines Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/4
SEBI’s Margin Revision To Make Market Safer
There has been a flurry of discussions after SEBI has passed the new circular that makes it mandatory for investors to deposit 15-25% margin money with the brokers both to buy or sell shares. This act would create a major entry and exit barrier, which is not seen in a positive light by most. So our CEO - Mr. Prakarsh Gagdani thought of clearing the air by helping you understand how this move might, in fact, help make the market a better place. As a practice, all major organised brokers collect and
Discount Broking - Heading into a New Year with Optimism
As we declared our Quarterly and Annual results yesterday, I thought of communicating with our customers, investors and community at large. As I am writing this, the world is grappling with the Covid-19 pandemic and we are facing one of the worst recessions in the last 100 years. A lot of industries are facing their worst times with businesses almost coming to a standstill. Though experts forecast a V-shape recovery after things come back to normal, I believe that it will a little while for normalcy
Reduction in DP Transaction Charges
Dear Investors, In the last few months, markets have been moving upward and retail investors are getting a lot of opportunities to Buy low and Sell high. Volatility is always a trader’s delight as it creates opportunities to generate profits. But as most of our investors buy and sell in delivery and they have to pay DP transaction charges for every scrip they sell, they end up spending a huge chunk on their transactions. This has created some dissatisfaction among our customers and I have received
Debit Charges
Hi Team, Its been observed that DP and Demat maintainance charges have been debited from my account higher than before . For debit charges 59.0 Ruppes you have charged for me between 8th Apr to 15th Apr week .may I know what's the reason you're deduction charges higher . Previously it was 27rupees.
Important Update on Upcoming Election Results and System Changes
Dear Client, As part of our commitment to keeping you informed, we want to remind you that the election results will be announced on June 4th, 2024. Such events can lead to significant market volatility, and we encourage you to stay informed and consider
Important Update Regarding Handling of Client Securities - Process change
Dear Client, This is to inform you that by virtue of the SEBI Circular dated November 11, 2022,the securities kept in the Client Unpaid Securities Pledge Account (CUSPA) shall either be transferred to the demat account of the respective client upon fulfilment
How to Apply for Reliance Rights Issue?
Reliance has announced Rs 53,125-crore rights issue to its existing shareholders on rights basis to cut the debt at the group level and upheld promoters' faith in the Reliance growth story. Details of Rights Issue Ratio 1:15 i.e. One share for every 15 shares held Issue Price ₹ 1257 Issue Period 20 May, 2020 to 03 June, 2020 RE Trading Period 20 May, 2020 to 29 May, 2020 Credit of right shares 11 June, 2020 Listing date 12 June, 2020 As an investor, you may opt for the following: A. Apply for the
Introducing New Feature - Screeners
Dear Friends, I am thrilled to introduce one more research product for our traders - SCREENERS, an exciting new feature on our mobile app that will enable you to easily filter stocks based on pre-defined studies. I am also very excited about this new feature as 5paisa.com is the first discount broker to offer this analytical tool and that too free of cost. It is available on our latest Android V2.9 as well as iOS V2.1. What are Screeners and why do you need it? Over 5,500 + stocks are traded every
Sell Authorization for MF Redemption Order for Non-POA Customer
With the objective of enhancing security for all transactions in mind, regulatory bodies and exchanges have been adding layers of security to the trading and investment processes. In compliance with guidelines set by the regulatory bodies, Our mutual fund redemption process has also witnessed a few revisions. These changes are applicable only for our Non-POA (Power of attorney) customers. A Non-POA customer will have to complete an authorization before placing a mutual fund redemption order here
Crude Meltdown - Impact on 5Paisa
Dear Customers, I am sure you all agree that we are living in times where unprecedented things are happening to us. With every passing day list of these things are just growing. Humanity facing its worst pandemic in last 100 years, Economic activity across globe practically standstill, Recession staring at our face and latest on this list is Crude Oil(A natural resource which is precious and limited) trading in Negative. With Supply being far more than demand for oil and oil products prices of Crude
New Product Launch - Gold
Make your gold Investment Digital Dear Friends, In an endeavour to make all your investments transparent and digital, I am excited to announce the launch of our new product – Gold on our platform. I strongly believe that this will help you make your investments in Gold simple, quick and secured. With this launch, we make it easy for you to buy and sell as little or as much Gold as you want to, with the tap of a button at no additional cost. You can make the most of your savings and invest in Gold
Increase in margin in Commodity segment
Dear Customer, As we are aware that present market situations have been quite un-predictable more specifically having experienced the drastic fall in the prices of crude oil on the expiry date on account of the current COVID – 19 scenario and the impact it had on the clients as well as the brokers thereafter, we have decided to enhance the applicable margins on certain contracts in the Commodity derivatives segment. Accordingly, on all open contracts in Crude Oil, Natural Gas and Crude Palm
Insights- January 2020 Newsletter
Welcome to Insights, your very own platform to know what we have been upto in the month gone by. Here is what December was all about. INTRODUCING TITANIUM PLAN If you are an Active Investor or a Trader then here is our brand new subscription plan for you. With our all-new Titanium plan you can now trade in Delivery for FREE. Not just that, you also get brokerage cashback up to ₹1,000 for trades in all other segments. ZERO Delivery Brokerage ₹1000 brokerage cashback/month Zero DP charges Zero AMC