PRICING & PLANS
We have compiled the most commonly asked queries about Brokerage.
15. What are the Brokerage Plans available with WC?
a). Monthly Freedom Plan @ 1111/ pm.
b). Yearly Freedom Plan @ 5555/ Year.
c). Life time Freedom Plan @ 9999/- one time only.
d). Per Order Plan : T-20 Plan – Offering Rs 20 per order or .01% whichever is lower per executed order.
e). Per Lot Plan : Lucky Seven – Offering 07/ Lot , Cash Intraday 0.007% and delivery 0.07%.
16. How can I change my pricing plans?
Yes thats quite possible with WC. For this please download Brokerage Change Form, fill it properly and do sign there, scan it and send it to email@example.com
. Within 48 hours your plan would be changed. Please Note : Plan could be changed one in a month and frequent requests for plan change should be avoided.
17.How does Freedom Plans being charged? If I wish to avail Freedom Plan’s middle of the months? If I wish to open account with Freedom Plans do I need to send pricing cheque in advance alongwith account opening forms?
Freedom Plans are being charged as per request from your end. Yes you could. For example if you activate Freedom plan on 17th March 2014 it will be applicable till 16th April 2014 in case of monthly and in case of yearly plan it would be upto 16th Mar 2015. No. You need not to send advance cheque for Freedom plans. After activation of accounts when you will be transferring funds it will be debited from your trading account subjected to your written/email confirmation and availability of sufficient funds in your trading account.
18. Where do I see all other charges?
Visit our brokerage calculator to know the exact charges.
19. What are the Stamps Duties being charged?
Stamp Duties being charged as per respective clients states.
20. Rs. 20 or 0.01%/0.1% whichever is lower, what does this mean in T-20 Plan?
When you are trading stocks and if your trading volumes are lower you get the benefit of Rs20 or 0.01% for intraday and 0.1% for delivery, whichever is lower. So if you bought stocks for Rs 1000, you will pay only Rs 1 as brokerage ( 0.1% of Rs 1000) but you will never pay more than Rs 20 as brokerage per executed order.
21. What is an executed order?
When you place an order which gets traded, it is called an executed order. At WC you don’t pay for placing, cancelling or modifying an order, you pay only per executed order.
22. Can I have more than one Plan Simultaniously? Just say Freedom Plan and Lucky Seven Plan?
Yes, you can mix and subscribe up to two trading plans for different segments. This allows you to save money at your convenience. Say you are a heavy NSE F&O trader but don’t do much trading on MCX products. You can sign up for the Freedom Plan for NSE F&O and the lucky Seven Plan for MCX. However, T-20 Plan could not be match and Mix with other plans.
23. What are the 'Call & Trade' charges?
When you place an order over the phone using any of our dealers, we charge an additional charge of Rs 20 as Call & Trade per executed order.