Call and Trade Charges
Currently, there are many ways in which you can buy and sell your securities like via mobile app, HTML based trading platform, trade terminal, or install-able desktop software, and via calling to brokers executive but before the online broking era, the customers were inclined towards making calls to their brokers and making purchases of their securities. During that period the brokerage charges were relatively very high as compared to the current scenario. Due to high brokerage charges, earlier brokers could maintain a large number of employees and relationship managers to handle clients on a personal basis but today, when brokerage charges are relatively very low and are charged as fixed fees rather than variable fees, the call & Trade facility is provided at the chargeable basis and these charges are called as call & Trade charges. these charges often charged on a per executed order basis.
Frequently Asked Questions:
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1. Why are call and trade charges charged?
As discussed above, earlier the cost of executing trades via dealers was bundled in the percentage brokerage. However, due to the discount broking model with a complete unbundling of prices, customers who does not need this service and execute trades by themselves only a fixed fee per order is charged. Only those customers who need to specifically avail this Call & Trade service actually end up paying for it thus unbundling the pricing package.
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2. What is Call & Trade charges in Zerodha?
If you call Zerodha's dealer desk and place an order, you will be additionally charged Rs 50 + 18% GST per executed order.
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3. What are Upstox Call & Trade charges?
You can call the Upstox Team and place your trades via phone for an additional charge of ₹20 + GST per order placed.
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4. What is Call & Trade charges in Angle Broking?
You can call the Angle Broking Team and place your trades via phone for an additional charge of ₹20 + GST per order placed.
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5. What are Samco Call & Trade charges?
Samco Call and Trade charges are calculated at ₹20 + 18% GST per executed order at Samco. This means that the call and trade charges will be applicable only if the order placed on the phone is actually executed.
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6. What is Call & Trade charges in Kotak Securities?
For GATEWAY ACCOUNT/ ADVANCE BROKERAGE ACCOUNT: Call & Trade free for first 20 calls. From the 21st call, you pay ₹20 per call.
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7. What are ProStocks Call & Trade charges?
ProStocks Call & Trade Charges for Intraday and F&O trade: ₹10 per trade. Delivery Trade: ₹25 per trade.
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8. What are Edelweiss call & Trade charges?
- For Edelweiss Lite Plan: Call & Trade free ₹20 + 18% Gst.
- For Edelweiss Elite Plan : Unlimited Call & Trade facility - absolutely free.
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9. What are Fyers call & Trade charges?
You can call the Fyers Team and place your trades via phone for an additional charge of ₹20 + GST per executed placed.
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10. What is call & Trade charges in 5paisa?
- For 5paisa Optimum Plan: Call & Trade free ₹100 + 18% Gst.
- For 5paisa Platinum Plan: Unlimited Call & Trade facility - absolutely free.
- For 5paisa Titanium Plan: Unlimited Call & Trade facility - absolutely free.
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11. What is call & Trade charges in SBIcap Securities?
SBIsmart offer 30 calls free in a month after which ₹10 (Plus Taxes) will be charged per call.
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12. What is call & Trade charges in reliancesmartmoney?
Reliancesmartmoney offer 20 calls free in a month after which ₹20 (Plus 18% GST) will be charged per call, Priority customer Call and Trade charges waived off.
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13. What is call & Trade charges in SAS Online?
You can call the SAS Online Team and place your trades via phone for an additional charge of ₹20 + GST per executed placed.
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14. What is call & Trade charges in IIFL?
You can call the IIFL Call center and place your trades via phone for an additional charge of ₹50 + GST per call.
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15. What are ICICI Direct call & Trade charges?
ICICI Direct offer first 20 calls free in a month after which ₹25 (Plus 18% GST) will be charged per call.
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