A good investment decision always leads to a better trading experience and traders always look forward for the company which charges fewer amounts of brokerage charges on investment services. As per the survey, BMA Wealth Creators brokerage charges, as part of BMA Wealth Creators charges are comparatively less than its competitors.
If you are looking forward to come into trading business then you must have good knowledge of each investment segment and the brokerage charges levied for each segment. This article will surely give you appropriate information about BMA Wealth Creators charges that you must be aware of while placing trades in the stock market.
| Summary | |
| Equity Delivery Trading | 0.30% |
| Equity Intraday Trading | 0.03% |
| Margin Money | Rs.20,000 Minimum |
| Margin Funding Charges | 18% + GST |
| Reactivation Charges | Rs.50 per Segment |
What are the BMA Wealth Creaters Brokerage Charges?
| Brokerage Charges | |
| What are the Equity Delivery Charges? | 0.30% |
| What are the Equity Intraday Charges? | 0.03% |
| What is the brokerage on Equity Futures? | 0.03% |
| How much brokerage charged for Equity Options? | Rs.50 per lot |
| What is the brokerage on Currency Futures? | 0.03% |
| What is the brokerage on Currency Options? | Rs.20 per lot |
| How much brokerage charged for Commodity Trading? | 0.03% |
| Brokerage Calculator | BMA Wealth Creaters Brokerage Calculator |
As per the above table, BMA Wealth Creators brokerage charges are quite low and nominal. If you are looking forward to begin with trading in the stock market then BMA Wealth Creators charges will surely excite you.
The broking company levies 0.30% for equity delivery which is comparatively a little high than other charges. But, it is no doubt that the stock broking house charges only 0.03% for equity intraday, equity futures, currency futures and commodity trading.
Apart from this, the BMA Wealth Creators charges for equity options is Rs.50 per lot and for currency options the charges are only Rs.20 per lot. Moreover, we also avail brokerage calculator through which traders can easily compute or figure out brokerage charges.
Open Demat Account with BMA Wealth Creaters Now! – Fill up the Form
What are the BMA Wealth Creaters Account Opening Charges?
| Account Opening Charges | |
| Is there any Trading Account Charges [One Time]? | Zero |
| How much is the Trading Account AMC [Yearly]? | Zero |
| Is there any Demat Charges [One Time]? | Rs.500 |
| How much is the Demat AMC [Yearly]? | Rs.250 |
| Any minimum Margin Money required? | Rs.20,000 Minimum |
The table given above is showing the exact statistics of BMA Wealth Creators account opening charges. The account opening charges are very feasible in nature. Any trader can easily afford to pay such account opening charges to begin with trading process.
So, the broking company is charging zero amount for opening up trading account. Also, BMA Wealth Creators demat charges are just Rs.500 and it AMC cost is just half of the account opening charges i.e. Rs.250.
However, the traders are required to maintain margin money of at least Rs.20,000 to maintain the portfolio account. The BMA Wealth Creators charges are typically affordable as compared to many other stock broking houses.
Find out Brokerage & Other Charges of Stock Brokers
What are the BMA Wealth Creaters Transaction Charges?
| Transaction Charges for each segment | |
| What are the Transaction Charges for Equity Delivery? | 0.002950% |
| What are the Transaction Charges for Equity Intraday? | 0.003000% |
| How much is the Transaction Charges for Equity Futures? | 0.003000% |
| How much is the Transaction Charges for Equity Options? | 0.003000% |
| What are the Transaction Charges for Currency Futures? | 0.003400% |
| What are the Transaction Charges for Currency Options? | 0.003400% |
| Any Transaction Charges for Commodity Trading? | 0.002950% |
According to the above table, the BMA Wealth Creators transaction charges are also very minimal. The broking company has gained popularity in the stock market due to the low transaction charges. The company is basically charging 0.0295% of total turnover for equity delivery and commodity trading.
Also, the charges for equity intraday, equity futures and equity options are just 0.03000% of the total turnover. And the charges for currency futures and currency options are only 0.003400% of total turnover.
The charges mentioned and described above for each segment are extremely low. Users can trade with this company to have better trading experience.
What are the other remaining BMA Wealth Creaters Charges?
| Other Charges | |
| How much is the Transaction Charges levied? | 0.0002% of Total Turnover |
| What are the STT charges? | 0.0126% of Total Turnover |
| How much is the Stamp Duty levied? | 0.002% – 0.004% – Depends on State |
| How are the GST charged? | 18% of (Brokerage + Transaction Charges) |
| Any Margin Funding Charges? | 18% + GST |
| How much is the Reactivation Charge? | Rs.50 per Segment |
| Any charges Account Closure? | Nil |
| What are the Dematerialisation Charges? | Rs.45 |
BMA Wealth Creators other charges are quite nominal as per the table given above. The broking house charges very minimal fees for every other charges.
As almost all the broking firms levy other charges so, the stock broking company charges 0.00200% of total turnover for transaction charges, 0.0126% of total turnover for STT , and usually stamp duty charges are dependent on the state but also the company has mentioned 0.002% to 0.004% charges for the same.
Moreover, the GST charges are 18% of (brokerage + transaction charges) and margin funding charges are 18% + GST. Also the broking company is charging Rs.50 per segment for account reactivation and Dematerialisation charges are Rs.45 only.
Check out Charges of other Stock Brokers
General FAQs on BMA Wealth Charges
Lets have a look at the FAQs on BMA Wealth Creaters Charges:
Does BMA Wealth provide fixed brokerage options?
No, there is no policy of providing fixed brokerage options to its clients.
Does BMA Wealth have different brokerage charges for penny stocks?
No, the broking firm does levy any different charges for penny stocks.
Can I calculate BMA Wealth brokerage even before I place a Trade?
Yes, we have developed very strong tool for the brokerage amount calculation. Clients can use the calculator for calculating any charges.
Can I calculate BMA Wealth margin / limit / exposure?
Yes, Clients can make use of BMA Wealth Creators margin calculator for easily calculating margin value.
Is there any account opening fees by BMA Wealth?
Yes, the broking house charges little amount for opening up accounts with BMA Wealth Creators.
Is there any AMC levied by BMA Wealth?
No, the broking company does not charge AMC fess for maintaining accounts from its customers.
BMA Wealth Creaters Charges – Conclusion
BMA Wealth Creators is normally considered as the best and reliable broking firm. The company is known in the stock market for its best charges structure. The BMA Wealth Creators charges structure is customized with low charges for each segment.
Being a trader, you must have in-depth knowledge of brokerage charges before you make any kind of investment.
Moreover, the BMA Wealth Creators demat and trading account opening charges are very feasible that would not affect the trading process. If you want to become a professional trader then you must prefer BMA Wealth Creators for making strong base in the stock market, as this process surely will make your trading experience good.
Open Demat Account with BMA Wealth Creaters Now! – Fill up the Form
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