Embracing Online Trading: Changes to Order Placing and Square-Off Charges

In today's fast-paced, technology-driven trading environment, online trading has become the preferred choice for most investors. It offers unparalleled convenience, speed, and flexibility, allowing traders to manage their investments effortlessly. To further promote online trading, we’re making important updates to our "Order Placing Queue" charges.

Changes to Order Placing Queue Charges:

Starting November 1, 2023, calls connected to the "Order Placing Queue" will incur a charge of ₹50 + GST per call. This adjustment reflects the growing shift towards online trading, where the majority of our clients have already transitioned.

Admin Square-Off Charges:

Additionally, all square-off trades executed by Admin—such as MIS square-offs, square-offs due to Mark-to-Market (M2M) losses, shortfalls, etc.—will now be charged at ₹50 + GST per executed order, down from the previous ₹75 + GST per day.

How to Avoid These Charges:

These charges can be entirely avoided by actively monitoring and managing positions online. By doing so, clients can take full control of their trading strategy and reduce costs associated with administrative interventions.

Why Choose Online Trading?

Online trading offers several advantages that make it an intuitive and strategic option for traders:

1. Accessibility: Online platforms are available 24/7, allowing traders to execute orders whenever they want, providing flexibility in a market that operates round the clock.

2. Real-Time Information: Access to real-time data, news, and analysis empowers traders to make informed decisions and execute strategies with precision.

3. Reduced Costs: Online trading typically involves lower transaction fees compared to traditional methods, maximizing returns by minimizing brokerage and other charges.

4. Control: Investors have complete control over their trades, can monitor portfolios in real-time, and execute orders instantly, leading to a more empowered trading experience.

5. Strategic Planning: Online platforms enable traders to plan and implement strategies easily, including setting stop-loss and take-profit orders, diversifying portfolios, and quickly adapting to market changes.

Encouraging Online Trading:

We strongly encourage our clients to embrace online trading. This transition not only offers convenience and efficiency but also helps in avoiding charges associated with calls to the "Order Placing Queue."

While there may be circumstances where phone support is necessary, we urge clients to explore the full capabilities of our user-friendly online trading platform. For immediate assistance, our 24x7 Chatbot and extensive FAQs are always available.

Trade Confirmation and Information:

For added convenience, trade confirmations for orders placed through our dealers will be sent directly to clients' registered WhatsApp numbers and email IDs, keeping them effortlessly updated on executed trades.

As we move forward, our goal is to empower our clients with the best tools and resources for successful trading. Online trading is the future, and we are committed to supporting our clients on their journey toward financial success.