Alankit Assignments Charges – Find Brokerage, Account Opening, Transaction Charges & more

This article will focus on the Alankit Assignments Brokerage Charges and describe them in detail. Traders should go through this article nicely to learn about all the Alankit Assignments Charges.

All the broker houses charge a definite amount of brokerage charges from its clients that depend on the type of trading instruments. Traders and investors should be aware in advance about the brokerage they are supposed to pay to the company they are trading with.

Alankit Assignments is a well-renowned broker house of the nation and offers exceptional services to its clients. One can trade in a wide range of financial products with this broker house and that too at an affordable rate.

What are the Alankit Assignments Brokerage Charges?

This section of the article will provide comprehensive knowledge about the Alankit Assignments Brokerage charges. These charges are divided as per the products bought or sold by the clients through their accounts.

This broker house offers many financial products that include equities, futures, options, currencies, and commodities.

The charge for trading equity delivery with Alankit Assignments is between 0.2% and 0.5%. Brokerage imposed on equity intraday is as low as 0.02% to 0.05%. Traders have to pay a charge of 0.02% to 0.05% for trading equity futures and Rs.75 for one lot of equity options.

The Alankit Assignments Charges for currency futures is between 0.02% and 0.05%. This broker house levies a brokerage charge of Rs.30 per a lot of currency options and 0.02% to 0.05% on trading commodities.

Clients can calculate the brokerage charge they have to pay for trading with Alankit Assignments ahead of placing an order. We have introduced a brokerage calculator that will make the whole task effortless for a trader.

Open Demat Account with Alankit Assignments Now! – Fill up the Form

What are the Alankit Assignments Account Opening Charges?

The account opening charges are familiar with almost all the broker houses of the nation. They are charged for opening trading and a Demat account with the stockbroker and clients have to pay them only once.

Alankit Assignments also impose a certain amount of account opening charge, but it is only for the Demat account. There are no Alankit Assignments Account Opening Charges levied on the trading account.

Clients can open a trading account for free and continue with buying and selling of financial products as much as they want. This trading account also does not attract any AMC, which is a welcoming news for traders.

The Alankit Assignments Demat Chargesfor opening an account is Rs.500 and that is a one-time payment. Traders have to pay only Rs.250 every year as the maintenance fee for this Demat account.

The company offers a wide range of services to its clients in exchange for the AMC. Traders also need to maintain Rs.20,000 as the margin money with this company for as long as they hold the trading account.

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What are the Alankit Assignments Transaction Charges?

Traders have to bear a transaction charge every time they process the transaction of a financial product. Alankit Assignments imposes a small amount of transaction charge on all the products to reduce the burden from the clients.

These transaction charges are calculated on the total amount of the transaction taking place. The Alankit Assignments Transaction Charges for equity delivery is 0.00325%. Transaction charges imposed on equity intraday are also 0.00325% that is very low in the market.

Clients have to bear a transaction fee of 0.0021% for trading equity futures. Alankit Assignments charges 0.051% on the premium value for equity options.

The broker house levies only 0.0021% of transaction fees on currency futures. Clients have to pay 0.051% on the premium for currency options. The Alankit Assignments Chargeson commodity trading is only 0.0028%.

What are the other remaining Alankit Assignments Charges?

Apart from the brokerage charges and the transaction fees, a client has to pay some other charges while trading in financial products. The maximum of these charges goes to the central and the state government, and the broker house imposes some.

All the Alankit Assignments Charges / Govt Charges besides brokerage and transaction fees are mentioned below. Traders have to pay a transaction charge of 0.0002% on the entire turnover, which is very minimal.

They owe an STT charge of 0.0126%, which is the same for all the broker houses of the country. A Stamp Duty is levied by the state government where the transaction is being processed, and it is in between 0.002% to 0.004%.

Traders have to bear a GST of 18% that is charged on the total of Brokerage fees and transaction charges. The Margin funding charges sum up to 18% + GST.

The Alankit Assignments Charges for reactivation is Rs.50 for each segment. Traders are exempted from any account closure charge from this broker house. They have to pay only Rs.25 as the dematerialization charge.

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General FAQs on Alankit Assignments Charges

Lets have a look at the FAQs on Alankit Assignments Charges:

Does Alankit Assignments provide fixed brokerage options?

No, Alankit Assignments does not provide fixed brokerage options.

Does Alankit Assignments have different brokerage charges for penny stocks?

No, Alankit Assignments does not impose various brokerage fees on the penny stocks.

Can I calculate Alankit Assignments brokerage even before I place a Trade?

Yes, we maintain a brokerage calculator that helps in calculating brokerage.

Can I calculate Alankit Assignments margin / limit / exposure?

Yes, traders can calculate margin, limit, and exposure before trading with Alankit Assignments.

Is there any account opening fees by Alankit Assignments?

Yes, the stockbroker charges account opening fees from its clients.

Is there any AMC levied by Alankit Assignments?

No, there is no Annual Maintenance Charge levied by Alankit Assignments.

Alankit Assignments Charges – Conclusion

After going through this entire article on Alankit Assignments Charges, one can easily understand the amount of brokerage they have to pay. All the charges are minimal, and they are justified by the outstanding services offered by the broker house.

The Alankit Assignments Demat Charges are entirely affordable, which makes this broker house is one of the best options to trade with.

Open Demat Account with Alankit Assignments Now! – Fill up the Form

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