Eureka Securities is a popular name in the stock business and has always transparently served its clients for lower brokerage rates. This article will bring forth the Eureka Securities Brokerage charges, including the other Eureka Securities Charges in detail.
Traders need to pay a definite amount of brokerage charges for trading with any broker house. It becomes a matter of concern for them, and most are willing to learn how much the charges they owe to the stockbroker.
The broker house offers a wide range of financial investment options, and clients are given numerous leverages in different areas. Therefore, traders should not miss out on this article if they want to know about the Eureka Securities Charges in detail.
|Equity Delivery Trading||0.20%|
|Equity Intraday Trading||0.02%|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 20 per instruction|
What are the Eureka Securities Brokerage Charges?
|What are the Equity Delivery Charges?||0.20%|
|What are the Equity Intraday Charges?||0.02%|
|What is the brokerage on Equity Futures?||0.02%|
|How much brokerage charged for Equity Options?||Intraday: Rs 20 per lot | Carry Forward: Rs 20 per lot|
|What is the brokerage on Currency Futures?||0.02%|
|What is the brokerage on Currency Options?||Intraday: Rs 20 per lot | Carry Forward: Rs 20 per lot|
|How much brokerage charged for Commodity Trading?||0.02% / Rs 20 per lot|
|Brokerage Calculator||Eureka Securities Brokerage Calculator|
The Eureka Securities Charges are divided into many categories, and they depend on the financial instrument the client is trading in. Traders can buy and sell a wide range of products from the broker house, namely, equities, futures, options, currencies, and commodities.
The charge for equity delivery is 0.20% which is quite low in the market. Traders have to pay a brokerage of 0.02% for equity intraday and the same for trading equity futures. The Eureka Securities Brokerage on trading equity options is only Rs.20 per lot.
This broker house levies 0.02% of the brokerage on trading currency futures. Clients have to pay only Rs.20 for trading in a lot of currency options. The charge for commodity trading is also as low as 0.02%.
It is visible that Eureka Securities maintains a little amount of brokerage charge on all the products it offers. Another notable feature we wish to show is the brokerage calculator. Clients can calculate the amount of brokerage fee they have to pay through this smart calculator.
Open Demat Account with Eureka Securities Now! – Fill up the Form
What are the Eureka Securities Account Opening Charges?
|Account Opening Charges|
|Are there any Trading Account Charges [One Time]?||Rs 0 (Free)|
|How much is the Trading Account AMC [Yearly]?||Rs 0|
|Are there any Demat Charges [One Time]?||Rs 0|
|How much is the Demat AMC [Yearly]?||Rs 330|
|Is any minimum Margin Money required?||75% Margin|
Most of the broker houses mandatorily charge an account opening fee from their clients. Eureka Securities also imposes an account opening charge, but it is very low in the market and clients can easily afford it.
They get a large number of services from the broker house on opening a Demat and trading account. The Eureka Securities Account Opening Charges for the trading account are only Rs.0. Traders have to pay it initially at the time of opening the trading account with this broker house.
There is no maintenance fee imposed by the broker house on trading accounts. Therefore, clients can enjoy lifetime services from the company in exchange for Rs.330 only. The Eureka Securities Demat Charges are the same as trading account charges. i.e. Rs.0.
This account is also free from an AMC and traders can get all the facilities of dematerialization for only Rs.330 all their life. There is margin money required for trading with this company, and it is 75% Margin. Traders need to have a minimum of this amount in their account for trading.
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What are the Eureka Securities Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.003000%|
|What are the Transaction Charges for Equity Intraday?||0.002500%|
|How much are the Transaction Charges for Equity Futures?||0.003320%|
|How much are the Transaction Charges for Equity Options?||0.003000%|
|What are the Transaction Charges for Currency Futures?||0.002500%|
|What are the Transaction Charges for Currency Options?||0.003320%|
|Any Transaction Charges for Commodity Trading?||0.002500%|
Each time a trader conducts a transaction with a stockbroker, they have to pay a transaction fee. Eureka Securities also levies a small number of transaction fees on all of its financial products. These charges are imposed directly on the total amount that is being processed at a time.
The Eureka Securities Transaction Charges on equity delivery are 0.003%. Charges imposed on processing a transaction on equity intraday is only 0.0025%. The transaction fees on equity futures are 0.003320%, and that on equity options is as low as 0.003%.
The Eureka Securities Charges on currency futures are meager, and it is 0.0025%. This broker house charges a transaction fee of 0.003320% on currency options. Traders have to pay only 0.0025% as a transaction charge for commodity trading.
What are the other remaining Eureka Securities Charges?
|How much are the Transaction Charges levied?||0.003000% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How is the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 20 per instruction|
|Any charges for Account Closure?||Rs 20 per instruction|
|What are the Dematerialisation Charges?||Rs 10 per certificate + Rs 50 per request|
Traders are obliged to pay some fees to the government that comes under the category of other charges or miscellaneous charges. These charges are further divided into some specific costs that will be discussed below.
A client has to pay these charges apart from the brokerage and transaction charges for trading with any broker house. The Eureka Securities Charges / Govt Charges levied on all the transactions are 0.003000% of the total turnover. An STT charge of 0.0126% is charged from the clients.
The state government collects a Stamp Duty of 0.002% to 0.004% which can vary with the state. A GST of 18% is imposed on the sum of the brokerage fees and transaction charges. The Eureka Securities Charges on margin funding are 18% along with the GST.
This broker house levies a reactivation charge of Rs.20 for each segment and a dematerialization fee of Rs 10 per certificate + Rs 50 per request. Clients are charged Rs 20 per instruction for closing their accounts.
Check out the Charges of other Stock Brokers
General FAQs on Eureka Securities Charges
Let us have a look at the FAQs on Eureka Securities Charges:
Does Eureka Securities provide fixed brokerage options?
No, Eureka Securities does not provide fixed brokerage options.
Does Eureka Securities have different brokerage charges for penny stocks?
No, this broker house does not impose various brokerage fees on penny stocks.
Can I calculate Eureka Securities brokerage even before I place a Trade?
Yes, a brokerage calculator is very helpful in calculating brokerage.
Can I calculate Eureka Securities’ margin/limit/exposure?
Yes, traders can calculate the margin/limit/exposure before trading with this company.
Are there any account opening fees by Eureka Securities?
Yes, Eureka Securities charges account opening fees from the traders.
Is there any AMC levied by Eureka Securities?
No, there is no Annual Maintenance Charge levied by Eureka Securities.
Eureka Securities Charges – Conclusion
This article has helped in concluding that the Eureka Securities Charges are very moderate for a trader to bear. The broker house offers quality services to its clients and gives them a lot of exposure.
They can trade in various financial products that are well-researched and get useful tips from the company on trading. The Eureka Securities Demat Charges are also minimal with no extra maintenance charges.
Therefore, traders who are searching for an excellent stockbroker to trade with should consider Eureka Securities without a second thought.
Open Demat Account with Eureka Securities Now! – Fill up the Form
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