Know all about Trading charges | BlinkX (2024)

Know all about Trading charges | BlinkX (1)

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List of other charges

ParticularsCharges
Brokerage Charges - Subscription Plan
NSE EquityFree
BSE EquityFree
NSE F&OFree
CDSFree
Subscription Plan Limits
Cash Turnover₹ 25 Cr/day
Future Turnover₹ 50 Cr/day
Option lots10000 lots/day
Standard Brokerage Charges (Applicable on Non-Renewal of Subscription Plan)
Cash Delivery0.25%
Cash Trading (Intra-day)Free (MIS Product only)
Currency Future0.01% for each leg of Transaction Both Side
Currency OptionFlat ₹ 20 per lot for each leg of Transaction Both Side
Equity Future0.01% for each leg of Transaction Both Side
Equity OptionFlat ₹ 20 per lot for each leg of Transaction Both Side
SLBS10 % on Lending or Borrowing Fee
Commodity Future0.01% for each leg of Transaction Both Side
Commodity OptionFlat ₹ 20 per lot for each leg of Transaction Both Side
Mutual FundZero Charges
Standard Brokerage Charges (Applicable on Non-Renewal of Subscription Plan) Effective from May 17, 2024
Cash Delivery0.05% (Min 0.05 Paise)
Cash Trading (Intra-day)0.005% (Min 0.005 Paise)
Currency Future0.005% for each leg of the Transaction on Both Side (Min 0.005 Paise)
Currency OptionFlat Rs. 5 per lot for each leg of Transaction on Both Side
Equity Future0.005% for each leg of the Transaction on Both Side (Min 0.005 Paise)
Equity OptionFlat Rs. 5 per lot for each leg of Transaction on Both Side
Commodity Future0.005% for each leg of the Transaction on Both Side (Min 0.005 Paise)
Commodity OptionFlat Rs. 5 per lot for each leg of Transaction on Both Side
SLBS10% on Lending or Borrowing Fee
Mutual FundZero Charges
Other Charges
SEBI fees0.0001%
Exchange transaction chargesCash Segment - 0.00325% on both sides
Equity Futures - 0.0019% on both sides
Equity Option - 0.05% on both sides
Currency Futures - 0.0009% on both sides
Currency Option - 0.035% on both sides
STT/CTTCash Delivery - 0.10% on both sides
Cash Intraday - 0.025% on sell side
Equity Futures - 0.0125% on sell side
Equity Option - 0.0625% on sell side & 0.125(only on exercise) on Buy Side
Currency Futures & Option- Zero Charges
Commodity Futures- 0.01% on sell side
Commodity Option-0.05% on sell side
Stamp dutyCash Delivery - 0.015% on buy side
Cash Intraday - 0.003% on buy side
Equity Futures - 0.002% on buy side
Equity Option - 0.003% on buy side
Currency Futures & Option - 0.001% on buy side
Interest on delayed payment18% on the debit balance
Interest on SEBI MTF-DebitFlat ₹ 11/- per day for every ₹ 25000 debit or part thereof
Short delivery/Auction charges (other than internal close out charges)Upto 0.5% on the value of scrip
Document handling chargesUpto ₹ 15/- per Contract note
Cheque received towards Funds Pay In gets bounced/returned Uncleared by the bank1% of amount of Cheque not cleared or ₹ 500/- whichever is higher
Payment Gateway ChargesFree
Call & Trade ChargesFree
Modification chargesFree
Account Closure ChargesFree
DP Charges
Fixed Transaction Charges₹ 300 Per Annum (1st Year is FREE i.e Zero Fixed Transaction Charges)
Demat Transaction Charges: Sell - JMFS /Outside DP (Off & On Mkt )₹ 25
Dematerialisation Courier charges₹ 100
Dematerialisation Per certificateUp to 5 certificates: ₹50. Beyond 5: Additional ₹10 per certificate
Rematerialisation₹ 20 per certificate, minimum ₹ 50. (₹ 20 per 100 shares and part thereof)
Pledge Creation / Closure / Invocation₹ 50
Market Margin Pledge Creation / Closure / Invocation₹ 25
Lending / Borrowing₹ 50
Account Statements₹ 20 per statement
Additional physical statements₹ 50 per statement
KRA/CERSAI Charges₹ 100

Calculate your costs upfront using our brokerage calculator

Charges explained

Transaction/Turnover Charges

  • Charged by exchanges (NSE, BSE, MCX) on the value of your transactions.
  • BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to ₹ 10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)
  • BSE has revised transaction charges in SS and ST groups to ₹ 1,00,000 per crore of gross turnover.
  • BSE has revised transaction charges for group A, B and other non exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at ₹ 375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.

Stamp charges

  • Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.

AMC (Account maintenance charges)

• For BSDA demat account- Zero charges if the holding value is less than ₹ 50,000.

• For non-BSDA demat accounts: ₹ 300/year + 18% GST charged quarterly (90 days).

Delayed Payment Charges

• Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account.

Securities/Commodities transaction tax

  • Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.
  • When trading at BlinkX, STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.

Disclaimer

For Delivery based trades, a minimum of ₹ 0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹ 20 per contract note plus courier charges. Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹ 20 (whichever is less) as delivery brokerage. A brokerage of 0.25% of the contract value will be charged for contracts where physical delivery happens. For netted off positions in physically settled contracts, a brokerage of 0.1% will be charged.

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What are Trading Charges?

  • Brokerage fees may apply when you buy or sell shares of stock, mutual funds, or other products. This is true whether you trade through an Internet brokerage account or a traditional full-service broker. Every broker is different regarding trading fees and how much you'll spend. Being mindful of trading expenses is critical for controlling returns in your portfolio since high fees can significantly reduce your profit. You can work with a financial advisor to strike a balance between the correct brokerage and the costs you'll pay. Additionally, keep in mind that trading charges may apply when buying or selling these stocks.

Charges for Account Opening

  • Here are the charges toopen a demat account:
    ServiceCharges
    Account Opening₹ 0
    Account Maintenance Charges (AMC) for 1st year₹ 0
    On the BlinkXonline trading app, you may enjoy the freedom of limitless trading with no brokerage fees! With simple documents, you may easily open a Demat account. Enjoy a free first-year AMC and unlimited trading for just ₹ 199. Take advantage of this smooth, cost-effective investment opportunity today.

    FAQs on Trading Charges

    What are the charges applicable to the Demat account?

    Demat accounts Annual Maintenance Charges (AMC) is ₹ 300 annually. However, BlinkX offers a waiver on AMC for the first year.

    Investors are usually responsible for paying Demat account maintenance charges (AMC).

    Demat AMC charges are ₹ 300/- annually. Brokerage firms like BlinkX offer a waiver for the first year, ensuring a hassle-free Demat account opening process.

    BlinkX provides a Demat account with no annual maintenance charges for the first year, saving investors ₹ 300 to ₹ 500/- and making account opening cost-effective.

    Opening a BlinkX account is free of charge. Users can initiate their account setup without incurring fees, making it accessible and convenient to start trading through the BlinkX platform.

    BlinkX doesn't charge users specifically for utilising margin facilities.

    No minimum balance is required to open or maintain a BlinkX account. Users can manage their accounts without the obligation of maintaining a minimum balance.

    The account holder typically pays Demat Account Annual Maintenance Charges (AMC). However, BlinkX offers a waiver on AMC fees for the first year, ensuring a cost-free initial period for investors.

    To check brokerage charges on BlinkX, users can access their account dashboard or trading platform. Detailed brokerage fee structures and transaction charges are usually transparently displayed within the BlinkX app or website for easy reference.

    Know all about Trading charges | BlinkX (2024)
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