This article will enlighten a trader about all types of Globe Capital Brokerage Charges. Globe Capital is a famous broker house with a vast client base, and they offer a wide range of products and services to traders and investors, at feasible Globe Capital Charges.
Therefore, one should not miss out on any point written in this article if he wants to learn about Globe Capital Charges in detail.
Every broker house imposes different types of charges on its customers, and the amount of each charge varies from the other one. The customers are highly concerned about how much they need to pay for trading various types of financial products.
|Equity Delivery Trading||0.20%|
|Equity Intraday Trading||0.03%|
|Margin Money||Rs.0 – Rs.200,000|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
What are the Globe Capital 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?||Rs 50 per lot|
|What is the brokerage on Currency Futures?||0.02%|
|What is the brokerage on Currency Options?||Rs 50 per lot|
|How much brokerage charged for Commodity Trading?||0.01%|
|Brokerage Calculator||Globe Capital Brokerage Calculator|
The Globe Capital Charges are divided into numerous sections, and they are levied according to the product the client invests. This broker house allows clients to invest in different financial products that are researched thoroughly by the experts.
Their product range includes equities, futures, options, currencies, and commodities. Globe Capital imposes a brokerage of 0.20% on Equity Delivery. The charge on Equity Intraday is very less, and clients need to pay only 0.02% for it.
This broker house imposes a brokerage on Equity Futures which is similar to Equity Intraday, and it is only 0.02%. The Globe Capital Brokerage levied on Equity Options is Rs.50 for a single lot.
Clients need to pay 0.02% as the brokerage for trading Currency Futures with this company. The charge for trading one lot of Currency Options is only Rs.50. Globe Capital does charge 0.01% fee for trading Commodity with it.
The broker house maintains several robust tools. Also, we have the brokerage calculator, which has got many useful features. Traders can use this calculator to find out the brokerage on all the financial products offered by Globe Capital ahead of placing an order.
Open Demat Account with Globe Capital Now! – Fill up the Form
What are the Globe Capital Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Rs 0 (Free)|
|How much is the Trading Account AMC [Yearly]?||Rs 0 (Free)|
|Is there any Demat Charges [One Time]?||Rs 0 (Free)|
|How much is the Demat AMC [Yearly]?||Rs 399+18%GST|
|Any minimum Margin Money required?||75% Margin|
Traders need to pay a charge for opening a trading and a demat account with many broker houses in the nation. But some do not charge a single penny from the clients for opening these accounts. Globe Capital offers partial relaxation to its clients as they need to pay only for opening a trading account.
The Globe Capital Account Opening Charges imposed for opening a trading account is Rs.0. This amount of money will be charged from the clients only once at the time of opening the account, and they need not pay it again.
The broker house frees its customers from paying any charge for opening a Demat account. Traders can enjoy a large number of facilities from the company by paying a small amount of Globe Capital Demat Charges as the maintenance fee.
This broker house charges only Rs 399+18%GST as the AMC for the Demat accounts and it is deducted once every year. The trading account does not attract any maintenance fee, and clients can use it for free all their life.
Another relaxation offered by Globe Capital is in the margin money that clients have to maintain in their accounts. They can have any amount between 75% Margin while trading with the company.
Find out Brokerage & Other Charges of Stock Brokers
What are the Globe Capital Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.003350%|
|What are the Transaction Charges for Equity Intraday?||0.003350%|
|How much is the Transaction Charges for Equity Futures?||0.003350%|
|How much is the Transaction Charges for Equity Options?||0.003350%|
|What are the Transaction Charges for Currency Futures?||0.003350%|
|What are the Transaction Charges for Currency Options?||0.003350%|
|Any Transaction Charges for Commodity Trading?||0.003350%|
Globe Capital charges a transaction fee from all the traders when they buy or sell a financial product. This charge is based on the total amount of the transaction that is being processed. Clients can trade in different types of financial products with Globe Capital, and the transaction fee is the same for all of them.
The broker house keeps the Globe Capital Transaction Charges minimal to ensure traders make the maximum amount of profit. Globe Capital levies a flat transaction fee of 0.003350% on all the sections.
Therefore the Globe Capital Charges for making a transaction on Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures, Currency Options, and Commodity Trading is only 0.003350%. Clients can trade in any financial product of their choice, and the transaction fee will remain the same for all.
What are the other remaining Globe Capital Charges?
|How much is the Transaction Charges levied?||0.003350% 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 are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 75 per instruction|
|Any charges Account Closure?||NIL|
|What are the Dematerialisation Charges?||Rs 10 + Rs 50 Courier charges|
This section will discuss all the other charges that a client has to pay for trading with Globe Capital. These charges include the ones that he has to pay to the government along with some others that are specific to this broker house.
Clients are charged with these fees apart from the transaction and brokerage charges, and they should be paid mandatorily. The Globe Capital Charges / Govt Charges 0.003350% of the total turnover as the transaction fee.
The client has to pay an STT charge of 0.0126% of the total turnover, which is fixed for all the broker houses. The Stamp Duty comes in between 0.002% and 0.004%. It is charged by the state government where the transaction is taking place.
Traders have to pay a GST of 18% on the total of brokerage and transaction charges. The margin fund charge is 18% along with GST. There are no Globe Capital Charges for closing an account. Clients are supposed to pay Rs.75 per segment for reactivation charge and Rs 10 + Rs 50 Courier charges as dematerialization charges.
Check out Charges of other Stock Brokers
General FAQs on Globe Capital Charges
Lets have a look at the FAQs on Globe Capital Charges:
Does Globe Capital provide fixed brokerage options?
No, the company does not have fixed brokerage options.
Does Globe Capital have different brokerage charges for penny stocks?
No, Globe Capital levies the same brokerage charges on the penny stocks.
Can I calculate Globe Capital brokerage even before I place a Trade?
Yes, the maintained robust brokerage calculator provides you the facility.
Can I calculate Globe Capital margin / limit / exposure?
Yes, the broker house allows calculating margin or limit or exposure before trading.
Is there any account opening fees by Globe Capital?
Yes, Globe Capital charges an account opening fee.
Is there any AMC levied by Globe Capital?
No, there is no AMC charged by this broker house.
Globe Capital Charges – Conclusion
The article shows that the Globe Capital Charges are imposed tactfully to ensure clients make maximum profit.
Clients can open a free demat account and have to pay a small amount of Globe Capital Demat Charges as AMC. Therefore, traders can stick to this company if they are keen on saving a lot on brokerage charges.
Open Demat Account with Globe Capital Now! – Fill up the Form
Find out Brokerage Charges of other Stock Brokers
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