Now pledge your shares for extra margin

33 Comments

  • Sandy says:

    What is hair-cut?

    • Trade Smart Online says:

      Hello Sandy,
      Since the stock prices keep changing every second how do we value a stock?

      Well, we take help of a parameter called hair-cut. This means, based on the risk in any stock we discount the value of the stock by that much amount for the purpose of valuation.
      Ex: Let’s say a stock’s market rate is Rs 100 and the haircut percentage is 15%. Then the value of stock will be considered at Rs 85 (Rs 100 – 15% of 100) for the purpose of collateral value.

    • Pradeep kumar tripathi says:

      Ha sir your trade charge is more to other broker . You take value trade charge but other take only brokerage charge why

      • Trade Smart Online says:

        Hello Pradeep
        There seems to be a misunderstanding. What exactly do you mean by value trade charges? Can you please give an example?

        • Pradeep kumar tripathi says:

          I pay value trade charge Rs. 15 but sharekhan is not take value trade charge he take broking charge only my Id no. YUPP60. you want to checks

          • Trade Smart Online says:

            Hello Pradeep,
            As per your telephonic conversation with one of our executive, your query regarding Rs.15 demat transaction charge, is resolved to your satisfaction. You can also take the help of online chat support available on our website for any query.

  • DR N K BABU says:

    it is applicable for now trader also or not

    • Trade Smart Online says:

      Hello Dr N K Babu,
      Share pledge service is not applicable to NOW traders. You may shift your account to NEST trader in case you want to avail this service.

  • Piyush says:

    Don’t you think the charges for pledging is too much i.e Rs.60 per script. where as the normal broker do not charge anything for this facility. Then why are you charging?

    • Trade Smart Online says:

      Hello Piyush,
      As we are a discount broking firm and charge you very less brokerage as compared to other brokers. We charge a very nominal of Rs.60 for pledge and also no cost involved for unpledge.

  • […] case you want an extra intraday exposure with less margin then you may use Margin Against Shares. You can also refer EquiMax product to get higher exposure in equity […]

  • Bhushan says:

    TSO is not fit for pledging. Rates are super high.

    • Trade Smart Online says:

      There seems some confusion here. We charge just Rs.60 for pledging shares for availing higher intraday exposure in your trading account. In case you want to pledge shares in any bank for taking loan then the pledge charge would be Rs. 200. Hope we addressed your query.

  • vinit says:

    trading software and app is very poor……
    kabh holding dikhate hai ya kabhi bhi holding gayab ho jati hai…..

    • Trade Smart Online says:

      Hello Vinit,
      As per your conversation with one of our executive, it seems that you were trying to get the data on weekend. Your transaction details will not be uploaded in the trading software on weekends. However, on weekends you can see holdings in BOX back office.

  • […] Also Read Now Pledge your shares for extra margin […]

  • Rajendra Singh panwar says:

    Margin is avail in holding without pledging of share or not and rs60 is one day charges only or for month

    • Trade Smart Online says:

      Hello Rajendra,
      To get the higher exposure, you are required to pledge the shares which are there in your demat account. Without pledging, extra exposure cannot be availed. Rs.60 is charged only when you request for pledging. We don’t charge when you unpledge the same shares.

  • Devidas says:

    Devidas
    What is your levies percentage ? Because I earn Rs 720 in intraday trading but deduct (levies) Rs 544 in contract note and only Rs 176 credited in my demate account.

    • Trade Smart Online says:

      Hello Devidas,
      Kindly refer our statutory charges levied apart from brokerage. In your case, you have selected Rs.15/order plan. In this plan Rs.15 is charged on each executed order that you place, irrespective of the quantity in one order. You have placed multiple orders in a single day on which you have been charged 544. In case you trade small volume then you might change your brokerage plan to 0.7 paise plan. We will also arrange someone to explain in detail about the brokerage plans.

  • muhammad naseem ansary , yukm14 says:

    how can I transfer my shares to my VNS account from my account with another broker and what will be the charges thereof?

    • Trade Smart Online says:

      Hello Muhammad,
      You must have received DIS (Delivery instruction slips) while opening account with other broker. You need to fill in DIS issued by other broker and attach Client Master Copy(You can download from BOX > My Profile section) of VNS account and submit with that broker. There will be no charge from our side. You need to check with that broker if there are any charges applicable.

  • Abhay says:

    Do you accept liquidBees as cash equivalent (for the 50% cash margin requirement for overnight F&O positions)? Will I have to pledge the liquidbees or simply having liquidbees in my demat is sufficient? What other forms of cash equivlalent margin you accept (Bank FD etc?). Please provide details.

  • Sachin DUA says:

    Hello,

    Can you explain me amount i have to pay on for pledge share.

    If i Pledge 100 share of PNB bank Value is 10000
    for single pledge, first i have to pay 60Rs (reply is it ok? )

    Second Now How much margin i get on that pledge share, that is 40000 amount. (reply is it ok? )

    And now with 40,000 margin, i bought shares in CNC delivery & i bought reliance shares of 40000.

    NOW as per my plan, i have to pay

    15 RS as brokerage fix for single buying, second how much time i am keeping reliance share, that much margin charges… will also apply. (reply is it ok?)

    Can you know me for one day, how much i have to pay margin charges on reliance share.???

    Thanks & Regards,
    Sachin DUA

  • Nikhil Thopate says:

    Plz send MAS of pdf to my mail I’d

  • Moin says:

    1. Make search common for all equity, optikns, future in single search like zerodha.
    2. Why current LTP not showing in position or during modify .
    Please add
    3. Whats ur tweeter handle and email if for feedback

  • […] Also Read: Now pledge your shares for extra margin using Margin Against Shares Feature […]

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