5paisa Products & Charges
Brokerage Structure Custome r Life Time scheme
One Time registration (Rs.555)
Renewable Membership Scheme
Monthly (Rs.1000)
Quarterly (Rs.3000) Annual (Rs.8000)
Online Investor Terminal TT5
Offline
Brokerage Schemes • Life Time Scheme (LTS) with standard brokerage • Renewable Membership Scheme (RMS) with special brokerage
The brokerage does not depend on the terminal a customer takes but on the scheme he takes.
Life Time Scheme (LTS) Investor One-time registration fees Minimum Initial Margin
555 Rs.5000/-
Trading Brokerage (Cash)
0.10%
Delivery Brokerage
0.50%
F&O Brokerage
0.10%
Minimum Per Share(Trading)
5 Paisa
Minimum Per Share(Delivery)
5 Paisa
Minimum Initial Margin must be Rs.5,000. However this can be waived if customer transfers, stocks (GHV) worth Rs.25,000
Registration of LTS • Registration charge of Rs.555 is once payable and non refundable. This charge cannot be waived of under any circumstances. • Account cannot be opened without the minimum initial margin of Rs. 5000. However this can be waived if customer transfers, stocks (GHV) worth Rs.25,000. • At any point of time the ledger balance of the client should be minimum Rs. 5000. • If the client has a debit balance then stock value minus debit has to be worth a minimum Rs. 5000. • Client can withdraw funds from the account but has to maintain a minimum ledger balance of Rs. 5000 • If the minimum balance is not maintained then the account will be frozen and client cannot operate both trading and demat account.The account can be re-activated by payment of Rs. 50 p.m.
Renewable Membership Scheme (RMS) Monthly
Quarterly
Annual
Registration fees
Rs. 1000/-
Rs. 3000/-
Rs. 8000/-
Minimum Initial Margin
Rs. 5000/-
Rs. 5000/-
Rs. 5000/-
Trading Brokerage (Cash)
0.05%
0.05%
0.05%
Delivery Brokerage
0.25%
0.25%
0.25%
F&O Brokerage
0.05%
0.05%
0.05%
Minimum Per Share (Trading)
1paisa
1paisa
1paisa
Minimum Per Share (Delivery)
5paisa
5paisa
5paisa
Registration of RMS • A client registering under Renewable Membership Scheme will not pay Rs.555 • A Trader has an option of paying a registration fee of Rs. 8000 every year or Rs. 3000 every quarter or Rs.1000 every month. • The registration fee is refunded against the brokerage charged i.e. we will refund to the client the registration fee (8000 or 3000) or the actual brokerage charged for that period whichever is lower. • Account cannot be opened without the minimum initial margin of Rs.5000. However this can be waived if customer transfers, stocks (GHV) worth Rs.25,000. • Trader has to maintain minimum margin of Rs. 5000 and at any time the ledger balance or stock value has to be minimum Rs. 5000
Online Trading Products • Investor Terminal • Trader Terminal 2005
Investor & Trader Terminal 2005 • On all the terminals, investors get the facility to buy and sell stocks in NSE and BSE and Futures and Options through NSE.
Investor Terminal • Investor Terminal is recommended for infrequent investors, who fall into the "Buy and Hold" school of investing, made very popular by Warren Buffet the Oracle of Omaha. • Its a trading interface which works behind proxy and firewalls as they access the Internet and the stock markets from their work place, where a direct connection is difficult because of corporate IT security policies.
Trader Terminal 2005 • Trader Terminal is for the dedicated day traders, who churn their portfolio on minor movements in the market, sometimes several times a day. • The Trader Terminal offers….. – lightning fast order execution – Monitoring of marked to market positions on a minute-to-minute basis – Intra-day charts, market gossip, price and volume information and much more
Terminals offered – A online customer can opt for any of the products we offer • Investor Terminal • Trader Terminal 2005
– A customer that has opted for TT5 under Life Time Scheme, can be de-activated if the quarterly brokerage earned is less than Rs.2000. Our Audit team will keep a check on this and produce a monthly list of such customers – Under both schemes, a client can also choose offline trading.
Depository Charges • • • • •
Account opening charges- Nil Annual maintenance charges-Nil Custody / Holding charges-Nil Transaction Credit-Nil Transaction Debit- 0.05% of transaction value (Minimum Rs.15/-Maximum Rs.100/-)
DP charges mentioned above are the same for Investor and Trader If the client opens only a demat account then the client will be Charged annual maintenance charge of Rs. 250
Regulatory Charges • Trading Cash (NSE & BSE) : 0.006% on turnover • Delivery (NSE & BSE) : 0.014% on turnover • F&O : 0.008% on turnover
Service Tax and STT Service Tax is 12.24% on brokerage • Securities Transaction Tax • For delivery transactions – 0.125% (Charged to buyer and seller) • For trading transactions in cash – 0.025% (Charged to seller only) • For trading transactions in ‘F n O’ - 0.017 % (Charged to seller)
Exercise - I • Compute brokerage for intraday purchase transaction of 1250 shares of Satyam Computers Rs. @ Rs.744/-per share,under LMS 930 • Compute brokerage for sale transaction (delivery) of 4500 shares of Remi Metals @ Rs. 4/- per Rs. 225/share,under RMS
Exercise - II • Compute brokerage for delivery purchase transaction of 500 shares of Reliance @ Rs.700/per share,under RMS Rs.875/-
• Compute brokerage for intraday sale transaction of 10000 shares of Remi Metals @ Rs. 4/- per share,under RMS Rs. 100/-
Thank You