Trading Fee Schedule
A variable fee per share is charged as a trading fee for every buy and sell market order based on the prevailing share price (Refer table below). Trading fees are only charged for market orders or orders that get matched instantaneously. No trading fee is charged for limit orders or orders that are left pending in the orderbook.
| Share Price Range | Trading Fee Per Share |
|---|---|
| ₹0.01 - ₹5.00 | ₹0.10 |
| ₹5.01 - ₹20.00 | ₹0.50 |
| ₹20.01 - ₹40.00 | ₹0.75 |
| ₹40.01 - ₹60.00 | ₹1.00 |
| ₹60.01 - ₹80.00 | ₹1.50 |
| ₹80.01 - ₹100.00 | ₹2.00 |
Settlement Fees
Settlement fee of ₹1.00 per share is charged upon settlement of the winning positions to the user’s wallet. No settlement fee is charged on losing positions.
Share Merger Fees
A share merger fee of ₹1.00 per pair of Yes/No shares is charged on merging of Yes and No shares by the user to immediately free up the capital.
Deposit Fees
There is currently no charge on depositing funds to the wallet.
Withdrawal Fees
Bank charges of ₹5.00 per withdrawal request are applied for withdrawals from the Tradex wallet to your bank account.
Discount Structure (Regular)
50% off on trading fees for trade value below ₹100 and above ₹400.
So, ₹0.1 - ₹99 = discount
₹100 - ₹399 = no discount
₹400 onwards = discount
Discount Structure (January Offer - till 31st January 2023)
50% off on trading fees for trade value below ₹100 and above ₹250.
So, ₹0.1 - ₹99 = discount
₹100 - ₹250 = no discount
₹250 onwards = discount
Note: There is no discount on merge or on settlement fees.