Stock broking charges india

Stock broking charges india

By: yuori Date: 18.06.2017

It is a 3-in-1 account, connecting all the accounts i. Thereby, it enables seamless and hassle free settlement for its clients. ICICIdirect was launched in January and started its operations in April Now we proudly service over 6 Lakh customers. Over the years the company has grown across all the verticals. It has increased it customer base, market share and revenue at higher percentage year on year.

It has become possible because of automation and value added product offering month on month. What are the advantages of using ICICIdirect. The following are the benefits of using our 3 in 1 account India's largest online trading site, by no.

Among the top 5 online broker's in the World, based on number of daily trades Customer base of more than 6,00, with daily trades more than 80, executed orders. Seamless trading environment with no hassles of writing cheques or TIFDs Completely integrated offering of bank, demat and brokering services coupled with PINS give an end-to-end online offering.

Host of content and Research online with access to data on over companies. Global Equity Analyst recommendations consolidated by multex. So no more waiting for the courier and other paper work All RBI guidelines are complied with utmost care Detailed audit trail and complete record with time stamp of all orders No delay in payout of funds.

Funds paid out on the same day of exchange pay-out Funds credited directly into the bank account linked with ICICIdirect. What is unique about NRI account offered by ICICIdirect? Your ICICIdirect NRI account is more than a brokerage account. It offers you a unique 3-in-1 feature, which integrates your Brokerage, Bank and one or more Demat accounts.

This means that you can buy and sell shares and forget about the hassles of settlements. Online investing is just a click away and settlements are no longer a problem.

What is the 3-In-1 concept offered by ICICIdirect for an NRI account? ICICIdirect NRI account allows an NRI to integrate your ICICIdirect Brokerage Account, your Bank account and one or more Demat accounts. Currently the Demat Account has to be opened with ICICI Bank Ltd. What type of accounts does an NRI need to start investing with ICICIdirect? On the basis of source of funds NRE Account Where the investments have to be done on repatriable basis, NRE account is required NRO Account Where the investments are done on non-repatriable basis, NRO account is required.

On the basis of nature of transactions PINS Account Where the investments are done under PINS or have to be reported through PINS, this account is required Non-PINS Account Where the investments are not routed through PINS and are not required to be reported through PINS, this account is required. Such account is essentially required for all IPOs and MF investments and also to sell shares, which were acquired as resident Indian.

What are the products offered by ICICIdirect. The following are the products that are currently being offered on ICICI Direct. Equity Trading NRIs are offered equity trading on pure delivery basis on both National Stock Exchange NSE as well as Bombay stock exchange BSE.

NRIs can do both PINS and Non- PINS transactions online. As per regulatory guidelines, NRIs are not allowed to do intra-day trading or settlement of trades, therefore it is disabled for NRIs on ICICIdirect. NRIs can sell only those shares which are there in their demat account.

Mutual Funds MF Investment into Indian Mutual Funds cannot become simpler than this. The following facilities are available to the NRIS under mutual funds investment. Online investment into various mutual fund companies Online redemption of funds Switch in between the schemes of a MF company Systematic investment plan - facilitating auto investment in a particular scheme at regular intervals Systematic withdrawal plan - facilitating auto redemption from a particular scheme at regular intervals Transfer in - transfer offline units into online "Note: SEP is considered as fresh investment into schemes on those intervals.

Exit load if any will be charged by the AMC" c. Initial Public Offer IPO NRIs can invest in IPOs offered by Indian companies online through their ICICIdirect.

Online application for various public issues No need to fill lengthy forms No need to write a Cheque. What is a brokerage account? Brokerage account or Match account is the online broking account with ICICIdirect 1. This account facilitates buying and selling of shares online 2.

This account also helps in investing in Mutual Funds and IPOs online 3. Since brokerage account is only a facilitator account, it does not require any joint holding or nomination.

Brokerage account is opened in the name of the sole holder Mr. Also there is no nomination for the brokerage account 6. Any or all of the above accounts can be opened with the same application form 7. There is one unique user ID for trading through all the above accounts. Which bank accounts can I link with the brokerage account? You can link your NRE PINS and Non-PINS and NRO PINS and Non-Pins accounts, where the settlements of funds can be done.

All these accounts will be linked to your ICICIdirect NRI account and you can choose the account that you want to transact through while placing orders on ICICIdirect NRI account. Since it is a complete online offering, for all the purchase transactions, monies will be debited from the chosen bank account and for all the sale transactions; monies will be credited to the chosen bank account only. Combination on ICICIdirect 3. Bank account to be linked to brokerage account can have joint holder Mr.

There can also be a nomination for the said bank accounts. All the bank accounts have to be opened under same customer ID 4. All bank account s should have the same name combination 5. The first holder in the bank account should be same as the sole holder in brokerage account i.

All such bank accounts have to be opened with ICICI Bank Ltd. No separate application form is required for opening bank account. If required, it can be opened along with the application given for ICICIdirect account. These bank accounts can be operated separately as a normal bank account also. Linking these accounts to ICICIdirect only ensures that the flow of funds relating to transactions done on ICICIdirect will happen only through this account.

One bank account cannot be linked to more than one brokerage account no. However all brokerage accounts can be accessed through one user id and password issued for trading. Existing bank accounts can be linked only to Non-PINS account. For PINS, new bank account has to be compulsorily opened along with ICICIdirect application form.

Demat account to be linked to brokerage account can have co-holders Mr. There can also be a nomination for the said demat accounts. The first holder in the demat account should be same as the sole holder in brokerage account i. All such demat accounts has to be opened with ICICI Bank Ltd. For each trading account only one demat account can be linked in different name combinations. Separate demat account opening forms have to be filled up.

Hence maximum of 4 demat account would be opened against each trading account. These demat accounts can be operated separately as a normal demat account also. Linking these accounts to ICICIdirect only ensures that the flow of shares relating to transactions done on ICICIdirect will happen only through this account.

One demat account cannot be linked to more than one brokerage account no. J joint holder in bank and Mr. B co-holders in demat can be same or different. Existing demat accounts can be linked only to Non-PINS account. For PINS demat account has to be compulsorily opened new along with ICICIdirect application form.

Do I need separate NRI accounts for repatriation and non-repatriation investments? No, you need to have one ICICIdirect NRI account for investments with repatriation and non-repatriation basis. However you need to have two separate bank accounts respectively i. NRE and NRO, which would be linked with your ICICIdirect NRI account. Your DP account s with repatriation and non-repatriation basis shall be accordingly linked with ICICIdirect NRI account.

You need to fill up only one account opening form for opening all the above accounts. Can I have multiple Demat Accounts linked to ICICIdirect NRI account? For every trading account only one demat account can be linked.

Demat account can be opened either on repatriation or non-repatriation basis. Thus any purchases made on non-repatriation basis has to be credited in the demat account opened on non-repatriation basis and vice-versa. How do I become an ICICIdirect customer?

You can open an ICICIdirect NRI account by filling a single application form. How do I request a form? Go to "Open an Account" under "Customer Service" section. Register yourself on the site and get your User Id and password. Please take a note of this User Id and password. This is the same which you would be using for trading after your account is opened with ICICIdirect. While setting your User Id and Password you will be given an Account Reference Number ARN. Kindly take a note of ARN.

You would receive a mail at the email ID provided by you. Download the form from the link given in the email. Take a print of the form, fill the details and send it to us, along with the required documentation as mentioned on the form.

Ensure to mention the ARN number on the form. Alternatively you can send us your request for the account opening form through an email on nri icicidirect. We would be getting in touch with you to help you in filling up the form. While in India, you can also walk-in in the selected branches of ICICI Bank in India and our executives shall help you in opening the account.

Do I need to apply separately for Portfolio Investment Scheme PINS? Our account opening form also contains the requisite details and undertakings required for the approval under the Portfolio Investment Scheme PINS. Ours is an integrated account opening in a true sense. How do I know my application has been accepted? As soon as your application is accepted, we will inform you by e-mail and mail.

In case your application is not processed because of lack of some details, you will be contacted by our representative or by an email. How long does it take to open all the integrated set of accounts by ICICIdirect?

It would take a maximum of 14 days provided copy of PAN card of all demat holders is supplied from the date the duly filled in application is received by our office. This also includes time required by the bank to grant the necessary approval under the Portfolio Investment Scheme.

Do I have to maintain any minimum balance in my Bank Accounts? You would require to maintain an average quarterly balance of Rs. In case such balance has not been maintained, there are certain charges from ICICI Bank, which are subject to change from time to time.

stock broking charges india

Will one form open all the types of accounts? Yes, one form can open all the types of brokerage and bank accounts. What are the documents required to open an ICICIdirect account? Since opening ICICIdirect account, also opens the bank account with ICICI bank ltd.

The document requirements are: Indian address page is given not required in case of foreign passport Passport is not expired and the photograph on the passport is clear. PAN Card copy [separately for First Holder and Co-holder s in demat account In case any of the holders above do not have a PAN they have to obtain the same from the Income Tax Department in one of the following ways: Application to get the PAN directly from the Income Tax Department Download the PAN Application Form available at http: You may provide the details of a representative assessee in India to act on your behalf in Point no An address in India of the representative assessee or of the applicant's residence is required for receipt of PAN card.

The Application can be submitted to any of the centers given at http: You can then submit this 3 in 1 form along with a copy of the PAN card. Form 49A application facilitated by ICICI Securities only if the passport has an Indian address ICICI Securities has entered into an arrangement with a firm to provide assistance to facilitate the application for PAN.

If you wish to avail this facility, follow the steps given below. Fill the Form 49A annexed with this form or available at https: No separate application fees for PAN and no separate proofs of identity and address are required. Mention an Indian address as residence address along with the proof of address as given in the form 49A.

If you do not have a current Indian address mention the Indian address on the passport as residential address. You are not required to fill the address for communication point no 6.

It is already printed on the form so that the PAN card will be sent to the firm. On receipt of this form along with the Form 49A. ICICI Securities will hand over the duly filled-in Form s 49A to the firm, who will submit the same to the concerned authorities. In the printed format a step-by-step presentation will be given. Alternatively it can be downloaded from the following link http: Where should one submit the account opening form? You can send the form directly to: Operation Team, 2nd Floor, City Point, Teli Gali, Andheri East Mumbai - In how much time the accounts can be opened?

Once the forms are received by the processing team, and all the documents are in order then the account can be opened in 5 working days. What happens if the documents are not complete and the forms are rejected?

In case the documents are not proper, our customer representatives will get in touch with you to inform you about the problem. We will try and rectify the problem with your help. However, if the forms are rejected after such trial also, then the forms will be sent back to your communication address.

What are the deliverables sent upon account opening? All Cheque books 2. All TIFD booklets 3. One handbook on ICICIdirect 4. PINS approval letter 5. User ID and password for ICICIdirect 6. One small booklet on Demat services 7. Demat request forms 8. This combi cover contains: PINS approval letter 4. PAN card if applicable Note: ATM cards are not issued by default for NRI bank accounts opened with ICICIdirect.

Where can I check my application status? There you can check the status by entering the form number and date of birth. In case of any query where should I write? In case of any query please write to nri icicidirect.

Existing ICICI Bank Customers. Yes, you can use these accounts for linking to your Non-PINs account. Yes, you can use these accounts for linking to your Non-PIN account. However for PINS account you would be required to open new NRE and NRO bank accounts with ICICI Bank. These new accounts with ICICI Bank shall now be your designated bank accounts under the Portfolio Investment Scheme. Moreover, to avail of the advantage offered by the integration of the brokerage, Bank and the Demat account, all the three accounts will have to be opened with ICICI group.

What if I want to switch my exiting NRE and NRO account under PINS to ICICI Bank? In such a case, you need to close your investment activities through existing NRE and NRO account and open new accounts with ICICI Bank. You need to apply to your existing designated bank to issue the necessary 'no objection certificate' which would give details of the latest status of your portfolio as on the date of the issue of 'no objection certificate'.

The 'no objection certificate' issued by your existing bank along with previous approval document in original should be submitted to ICICI Bank. Based on the securities, cost of acquisition and date of acquisition mentioned in the certificate, ICICI Bank will create record of your portfolio in its books.

What is the previous approval document? If you an existing PIN relationship with any other Bank in India, you would have already an approval from RBI for the same. Such permission or approval is referred as previous approval document. Do I need fresh approvals under PINS after switching from existing bank to ICICI Bank? Yes, you need to have fresh approvals, as the earlier approvals will no longer be valid.

What if I already have a Demat account with other Depository Participant? To avail of the advantage offered by the integration of the brokerage, Bank and the Demat account, all the three accounts will have to be opened with ICICI group.

You can transfer your holdings from these accounts to the new Demat accounts opened with ICICI Bank. How to transfer Bonus shares from PINS to NON PINS Account.?

Bonus shares cannot be sold through PINS Account, you need to transfer them to NON PINS Account. Modes of transferring the shares. Transfer Instruction For Delivery Slip TIFD 2. You need to submit personalized slips for all your transfer instructions.

Request you to fill in Off-Market Trades details on a TIFD slip. Sample TIFD Slip for your reference. Send the TIFD Slip at the below address: You need to register for the E-Instruction facility by filling up the prescribed form. Please mention the Demat account linked to NON PINS Trading account as target account.

You need to send the E- instruction form at the below address for registration: Once you have availed the E-instruction facility you can transfer the shares through IVR or Speak to transfer facility. To submit transfer instruction on Internet you have to log on to www. All the demat accounts linked with the User ID will be displayed in 'My Accounts' menu.

Select E-Instruction from the Demat Menu and follow the simple instructions. System would prompt for ATMPIN in case of Debit Card number or TPIN in case of Demat account number.

Place a transfer request on IVR. Speak to Transfer S2T: Through Speak to Transfer an officer can place your request to transfer the shares from one demat account to another. The status of your Bank, Demat and e-Invest account shall be available to you online 24 hours a day on the web site.

You will also be able to access all details regarding your orders and trades. You can also see the results of your trade reflected in your Bank and Demat account on the very day of the settlement, without waiting for the statements from the DP and the Bank. What is the ICICI Bank's Online Banking account or infinity? ICICI Bank's Online banking service is known as Infinity.

The Bank account opened with your e-Invest account is an Infinity Bank account. Infinity service can be accessed on the web site www. Apart from allowing you to access your transaction history and current balance, Infinity allows you to transfer money from one account to another account in ICICI Bank and various other value-added services.

If you have opted for a new online bank account, your User ID and Password will be mailed to you separately. However, this does not stop you from trading on ICICIdirect.

Kindly note that the User Id and password for 'infinity' is different from the User Id and password for trading with ICICIdirect. The Infinity User id and password will be sent in a separate courier and not along with the other ICICIdirect deliverables. This is for security reasons.

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What are the charges for account opening? Account opening and stamp duty charges for trading account b. Account opening and maintenance charges for Demat accounts up to 4 for the first year. ICICI Bank charges for Portfolio Investment Scheme PINS for the first year.

What are the Brokerage charges? Brokerage is charged 1. Securities Transaction Tax STT 0. Additionally Swachh Bharat Cess 0. Applicable Stamp Duty charges on turnover.

The Brokerage is inclusive of all other charges and the following charges are absorbed in the same: What are the Demat Charges? If the correspondence address is overseas then AMC of Rs. AMC for the first year is waived off for the demat accounts opened along with ICICIdirect. What are the PINS charges? AMC for the first year is waived off for the PINS accounts opened along with ICICIdirect.

How do I trade on ICICIdirect. There is a step by step guide to help you in trading on ICICIdirect. How to invest in Mutual Funds using ICICIdirect? A step-by-step presentation on how to invest in mutual funds is available on the link provided below. I want to buy shares but I do not have any money in my Bank Account. What do I do? You can create balance in your NRE account either by remittance from abroad through normal banking channels or transfer from FCNR account or transfer from another NRE account maintained with ICICI Bank or deposit a cheque drawn on NRE account in some other bank.

All other sources available in case of NRE account will also be available for crediting funds in your NRO account. In case of a cheque, the money should come into your Bank account as soon as the cheque is cleared. Once you have funds in your bank account, you need to allocate the required amount for trading.

You can allocate funds for trading online though modify allocation facility on the trading page. Allocation or de-allocation of funds can take place normally on all working days between 9: Alternatively you can sell some shares from your Demat Account and use the money to purchase the shares you want to buy.

I have deposited a cheque but I am still not able to place a purchase order: There could be two reasons for this, either the cheque is not cleared or you do not have adequate Trading Limit.

Please check your Bank balance to find if you have adequate money in your Bank account. It is possible that there could be some delays in clearance of the cheque.

Please contact your ICICI Bank Branch to find the reason. Even if you have adequate money in your Bank account you will get limit only after you allocate some money for trading through the modify allocation facility on the trading page. What happens when I allocate the amount for online investing?

When you allocate any amount from your Bank account, it gets blocked in your bank account and you get a Trading Limit. This money continues to earn the normal interest, which is applicable to the Bank Account. In fact if you have not used this money while trading, you can always reduce the allocation and remove the block. When you unblock the money your trading limit also reduces accordingly. If you sell some shares, your trading limit would go up by the amount of sell transaction, less TDS if any.

I have sold some shares but my trading limit has not gone up? The possible reason could be the share you sold is currently trading in 'No Delivery' ND period and hence the money may be received from the exchange only after weeks. Please check the list of stocks in no delivery. However, you need not worry as ICICIdirect will keep track of No Delivery trades and ensure that your Trading Limit gets updated on the appropriate day.

Do I need to maintain two separate trading limits for NRE and NRO accounts? Your NRE and NRO bank accounts are linked as two separate accounts within you ICICIdirect NRI account, which shall carry independent limits. Each PINS account number shall carry a suffix as "NRE" or "NRO" while being displayed on the site. Each non PINS account number shall carry a suffix as "NPNRE" or "NPNRO" while being displayed on the site.

Fatal error call to a member function options() on a non-object in wordpress I place a buy order in other is it possible to make money blogging accounts NRO or vice versa if I have trading limit available in one linked account NRE?

Limits are maintained separately for each of the accounts and cannot be cross utilized or interchanged. Can I withdraw the amount allocated for trading? The way you can allocate funds for trading, you can always reduce the amount allocated by you for trading provided the amount allocated has not been blocked on account of orders placed by you. Once any amount is de-allocated, it can be withdrawn from the bank. On which exchanges will I be able to buy and sell shares? What kind of orders can I place?

You can place both market and limit orders. Limit Order is an order to buy or sell securities in which you specify the maximum price per unit in case of a Buy order and the minimum price per unit in case of a Sell order. The actual transaction can be at a price more favorable than the price specified.

Market Forex hedge calculator is an order to buy or sell securities at the best price obtainable at the time it is matched by the exchange. Therefore, chances of its getting the order executed are better. Where a market order is not executed fully, it becomes a limit order for the balance quantity at the last traded price. Market orders can be placed only during market hours i.

Is it possible that an order is accepted by the exchange but a trade does not take place against it? Is an order always executed when do you give earnest money on a short sale the full quantity?

Highs and lows of stock market it always executed at one price? In case of a limit order, it might remain totally unexecuted if there are no matching orders.

For example, if you place a sell order for shares Rs.

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It might remain totally unexecuted if there are no buy orders for the share for a price of Rs. Further, an order can get executed for any quantity less than or equal to the order quantity. On part execution, the original order is converted into an order for the balance quantity against which another trade can happen. Since these are different trades, it is possible that the trades are executed at different price.

Even a market order might remain unexecuted if there are no matching orders. In such cases, the unexecuted portion of the market order is converted into a limit order at the last traded intraday shares to buy for the balance quantity. For example, when the last traded price of a share was Rs. In case there are make money rose bud or insufficient orders for buying shares, the unexecuted market order is converted automatically into a limit order to buy how to make a bow tie money lei shares at a price of Rs.

In case the order was partly executed and the last execution took place at Rs. Which shares will I be able to buy and sell? You will be able to buy and sell any of the scrips that are traded in the compulsory Dematerialised form on the exchanges. As of date, there are more than such shares available for buying and selling on ICICIdirect. For checking what shares are available for trading online, please check "stock list" in the "equity trading section" on the site.

There is no restriction on selling such scrips. For these shares if you wish to sell, please write to nri icicidirect. Do I get online confirmation of orders and trades? You get online confirmation of orders and trades - the status of any order is updated on real-time basis in the Order Book. As soon hedging foreign exchange risk in india you place your order, it is validated by the system and sent to the exchange for execution on line or when the exchange open for trading next.

The entire process is fully automatic and there are no manual interventions. Can I modify my order? Yes, you can modify an order any time before execution.

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You can do this by accessing the Order Book page and world stock exchanges by market capitalisation on the hyperlink for 'Modify' against the order which you wish to modify.

However, you cannot modify your order while it is queued with the exchange, i. In case the order is already partly executed, only the unexecuted portion of the order can be modified. Can I cancel my order into the system? Yes, you can cancel an order any time before execution.

You can do this by accessing the Order Book daily forex analysis and clicking on the hyperlink for 'Cancel' against the order which you wish to cancel.

In case the order is already partly executed, only the unexecuted portion of the order can be cancelled. Can I enter orders after the trading hours? What happens to such orders? Yes, you can enter limit orders after trading hours. Orders placed after trading hours are queued in the system and are send to the exchange whenever the trade binary options sdepozitom 5 opens for trading.

In the Order Book, the status of such orders is shown as 'Requested'. Can I square up my transaction in the same settlement? As per the Regulations, NRI investors should take delivery of shares 777 binary options no touch strategy and give delivery of shares sold which implies that for sell transaction you have to give delivery irrespective of the fact that the same shares have been bought by you in the same settlement cycle.

For buy transaction, the stock would be credited to your Demat account independently. As long as your sell transaction is backed by actual holdings in your Demat account and the buy transaction is validated against the trading limits available, you can do two independent buy and sell transactions in the same stock in the same settlement cycle. Can I trade on margin? NRIs are allowed to do only delivery-based business. What is the impact on trading limit on execution of any sale transaction?

What is the methodology of computing TDS on sale transactions? Your trading limit would go up by the value of sale transaction net of the amount temporarily withheld on account of TDS. Tax would be withheld for Non Resident Individuals at the applicable Tax rates along with applicable Surcharge and Cess, if any as per prevailing Tax laws. Currently, an amount equivalent to At the end of the day, the actual TDS will be computed considering the cost of acquisition and the period of holding short term or long term.

Also Brokerage, Service Tax ,Stamp Duty, Transaction Charges and SEBI Turnover Charges and other charges as applicable are deducted from sale transaction value while computing actual TDS as these charges are considered as the cost of transaction.

TDS so calculated will be compared with the amount withheld there against at the time of execution of the sale transaction. Any excess amount so withheld will be added back in your limits before the start of next trading day.

The above is applicable for PINS Accounts only. Long Term Capital Gain: Say on you had bought shares of ABC at Rs. You are now selling these shares on at Rs. Sale transaction will qualify for long-term capital gain tax since purchase transaction took place more than one year ago. Tax rate stock broker vancouver bc short term and long term capital gains are Actual TDS is calculated as follows: Short Term Capital Gain: Net Loss Day 01, Date options futures and other derivatives john c hull solution manual Say on you had bought shares of ACC at Rs.

Sale transaction will qualify for Short-term capital gain tax since purchase transaction took place less than one year ago. Can loss from one transaction be set off against gain from another transaction while bollinger bands renko TDS? As per the Tax laws, setting off of losses against gains is permitted as below: Set off between Short term profits and Short term losses across all transactions and across all scrips press about binary options trading scams a day 2.

Carry froward of Short term net losses of previous day for set off against Short term profits of future days within a month or future months till the end of financial year Please note that set off of losses is permitted only against future profits and not on against earlier profits. The loss can be carried forward for set off either till it is completely set-off against future profits or till the last day of the financial year, whichever is earlier.

Thereby, TDS once computed on a net profit after adjusting carry forward losses, if any for a day cannot be set off against loss in future. This is with effect from18th February Will Losses on Cash transactions be set off against Profits in Derivatives transactions and vice versa for TDS calculation?

Set off of and carry forward of losses will not be permitted across segments i. Cash and Derivatives for calculation of TDS. Please refer Derivatives FAQs to know more about set off permitted within the Derivatives segment. Where can the TDS amount be seen? TDS amount can be seen on the 'Tax Details' page under Equity trading section.

Can losses of current Financial Year be carried forward to the next Financial Year for set off against profits in that year? Losses can be carried forward for foreign money exchange in navi mumbai off either till it is completely pinning stock options expiration against future profits or till the last day of the financial year, whichever is earlier.

The set-off of losses can not be done with next financial years profits. Will I get any certificate for Tax deducted at source? One time certificate of tax deducted at source from various sale transactions will be provided on an annual basis end of financial year and will be sent to your correspondence address registered with us.

Can I sell shares in one order, of which 75 bought through IPO and 25 from secondary market? You must place two orders for 75 shares and 25 shares. How will I be informed of my trade execution? The trade executions are confirmed online and the trading history is updated immediately. In the Order Book, the status of each order is updated on a real-time basis. On execution, the status changes to 'Executed' or 'Part Executed'.

You can view details of the trade executed by clicking on the link. In addition, you will receive e-mail confirmations. You can choose to receive the e-mail confirmation either for each trade when it is executed or a single one for all trades at end of the day. What is a contract note? Contract note is a statement of confirmation of trade s done on a particular day for and on behalf of a client.

A contract note is issued in the prescribed format and manner, establishing a legally enforceable relationship between the member and client in respect to the trades stated in that contract note.

However in the case of ICICIdirect you can view the Digitally Signed Contract Note by logging in on the customer service Page. For further information on Digitally signed Contract notes, kindly refer to the FAQ on Digital Contract notes available in the stock market 1-18-08 download FAQ. For how long would my order be valid for execution? Any pending order at the end of trading session for the day are cancelled buy government stocks our system.

However, you can place orders after the trading hours and the orders would be considered valid for the next how does moneystrands make money session on the exchange as and when the market opens next.

What is a Disclose Quantity DQ order? Normally, the order quantity is disclosed in full to the market. For example, an order of with a disclosed quantity condition of will mean that is displayed to the market at a time. After this is traded, another is automatically released and so on till the full order is executed.

What is a Stop Loss order? A Stop loss order allows the client to place an order which gets activated only when the market price of the relevant security reaches or crosses a threshold price specified by the investor in the form of 'Stop Loss Trigger Do microbreweries make money. When a stop loss trigger price SLTP is specified in a limit order, the order becomes one which is conditional on the market price of the stock crossing the specified the SLTP.

The order remains passive i. Once the last traded price of the stock reaches or surpasses the SLTP, the order becomes activated i. It is used as a tool to limit the maximum loss on a position. Stop Loss Buy Order 'A' short sells Reliance shares at Rs in expectation that the price will fall.

However, in the event the price rises above his buy price 'A' would like to limit his losses. The stop loss trigger price SLTP has to be between the last traded price and the buy limit price.

Once the market price of Reliance breaches the SLTP i. Stop Loss Sell Order 'A' buys Reliance at Rs. However, in the event the price falls, 'A' would like to limit his losses. The stop loss trigger price has to be between the limit price and the last traded price at the time of placing the stop loss order.

Once the last traded price touches or goes below Rs. This is treated as a normal stock broking charges india because the condition that the last traded price should exceed the stop loss trigger price for a buy order is already satisfied.

Similarly, in case of a stop loss sell order the SLTP should not be greater than the last traded price for the same reason. What are price bands? The exchanges have fixed price bands for different securities within which they can move within a day. Orders outside the minimum and the maximum of the range are not allowed to be entered into the system.

At presentthere are 4 Price Bands decided by the exchange. I buy a share, option value selected php mysql will the payment be made and how will I get the shares?

The shares received from the exchange will be automatically transferred to your Demat Account. The money required for purchase will be transferred from your Bank account one day before the settlement date. What happens in case of sale? I have bought some shares but shares have not come into my Demat account? The shares will come into your Demat account at the time of settlement.

In case you do not receive the shares, it may be due to the stock being in 'No Delivery' period. In this case the shares will come from the exchange after the 'No Delivery' period is over which could be weeks away. The date on which the shares are to be credited to your Demat Account is indicated on the security projections page. Alternatively, it is possible that the shares may not have come from the exchange itself because of short delivery by the counter party selling broker.

In this case, the exchange conducts an auction to buy the shares to the extent delivered short by any broker from the open market and the pinning stock options expiration so received through auction are delivered to buying broker a few days later.

In such case, you shall receive the shares normally after 3 days from the specified pay-out date of securities. I how to buy and sell stocks fidelity sold some shares but the payment has not come into my bank account?

The amount will come into your bank account on payout. At times, however, the share may be in 'No Delivery ' and hence the payment may be received only after the 'No Delivery Period' is over, which might be weeks away. The date on which amount is to be credited to your account can be checked from the 'Cash Projections' page. There may be a delay in credit of the sale proceeds whole or part for another reason also. The same is highlighted to you when you put the sale order.

In this case, the credit is dependent on submission of documents required latest by the 1 st of the next calendar month at the following address: The Manager, ICICI Securities Limited, Client Operations Group, Shree Sawan Knowledge Park, Plot No. C, Turbhe, Navi Mumbai - Maharashtra, India. Where the sale is made from your Non-PINS NRE account The following two things need to be ascertained before credit is given to your bank account: Proof of source of funds used for purchase is required when you sell shares from your NRE account.

The cost of acquisition of the securities to permit deduction of TDS on an amount lesser than on the entire sale proceeds.

Documentary proof need not be submitted if the shares were purchased through ICICIdirect. You need to provide documentary proof incase the purchase was not made through ICICIdirect. Customer need to submit the document to ascertain the cost of acquisition for taxation for Non PINS trades. Repatriation proof is required if transaction is done through NRE Non PINS account for ascertaining repatriability of black scholes call option formula and crediting the funds to NRE Bank account.

Type of acquisition List of Repatriation Proof. Public Issue IPOBonus Issues, Right issues 1. Copy of the allotment letter confirming that the shares are allotted on repatriable basis. Documentary proof need not be submitted if the shares were purchased through ICICI direct. Copy of the letter from the company stating that the shares are allotted on repatriable basis under RBI Permission number 2.

The above mentioned document is also required if shares are acquired as IPO through off-line mode i. Statement of previous custodian certifying the date of acquisition of the shares or the fact that the shares were acquired at least 1 year prior to their sale. Cost of acquisition proof will be required if shares are not acquired prior to 1 year. Statement of previous custodian certifying that the shares were held on repatriation basis. Copy of the dividend warrant relating to the shares stating the date of the dividend warrant is 1 year prior to their sale such that if shares were acquired on this date, the gains on the sale would be treated as long-term gains.

If shares are sold within 1 year, cost of acquisition needs to be provided. In case of acquisition from secondary market while being ' Resident Indian ' Funds will be credited only to NRO Bank account. Pay order will be issued in absence of NRO Bank account. Demat Account Statement reflecting the credit and If delivery was received in physical certificates, also the copy of demineralization request.

If the shares are held by NR investor for more than 12 months from the date of advice of their redemption by overseas depository bank, the capital gains arising thereof shall be treated as long term.

Document evidencing the date of advice of redemption by overseas depository bank. Allotment Letter from the company evidencing that ESOP shares are purchased on repatriable basis.

Allotment Letter from the company evidencing the date of allotment. Document evidencing cost of acquisition will be required for short term sale. Along with Gift Deed we will require long term holding proof of the donor. For NRE Non PINS trade, repatriation proof of the donor will be required for crediting funds to your NRE account.

Consequences of not submitting proof. NON submission of proof. If customer is having NRO account with ICICI bank under the same Customer ID, then fund will be credited on 15 th of next month, or else pay order will be issued and delivered to customer communication address without repatriation benefit.

Tax will be deducted on the full sale proceed instead of capital gain portion, and will be paid to government under section of Income Tax Act Customer will get the TDS certificates for that amount. Copy of the allotment letter confirming that the shares are allotted to the customer on repatriable basis.

Copy of the letter from the company stating that the shares were allotted best way to make np on neopets repatriable basis under RBI permission number. Copy of the share application which will state option key on computer keyboard the share application is on repatriation basis and linking of the application to the allotment letter whose quantity will match with the shares to be dematerialized.

Copy of the share certificate stating the RBI permission number. Copy of Demat Account Statement reflecting the credit along with the copy of the advice of the Overseas Depository to the Indian Custodian for the credit. For documents received by ICICI Bank up to Friday of any week or sales made up to Friday where documents have already been submitted prior to the salethe proceeds employee stock options early exercise be credited to your bank account on the following Friday.

If sufficient documents are not received by 24option binary options trading low deposit last date mentioned above, the entire sale proceeds after deduction of TDS on the entire sale proceeds will be transferred to your non-PINS NRO Bank account.

If you do not have a non-PINS NRO bank account a pay order will be issued To get immediate credit in your non-PINS NRO account, you can transfer your securities to your non-PINS NRO demat account and make the sale there from. But in this case, high probability forex breakout trades that are easy to spot sale proceeds will not be repatriable.

Where the sale is made from your Non-PINS NRO account This is done to ascertain the binary option better gauge indicators of acquisition of the securities to permit deduction of TDS on an amount lesser than on the entire sale proceeds. The entire sale proceeds after deduction of TDS on the entire sale proceeds will be transferred to your Non- PINS NRO Bank account.

Statement of previous custodian certifying that the shares were held on long term. Copy of the dividend warrant relating to the shares whose date is such that if shares were acquired on this date this can be assumed since the shares would obviously be acquired before getting a dividend on the same they would be qualifying for long term. Copy of Share Certificates. Copy of Allotment letters. Copy of the dividend warrant relating to the shares whose date is 1 year prior to their sale such that if shares were acquired on this date, the gains on the sale would be treated as long-term gains.

Demat Account Statement reflecting the credit and If delivery was received in physical certificates, also the copy of dematerialisation request. For documents received by ICICI Bank up to Friday of any week or sales made up to Friday where documents have already been submitted prior to the salethe excess TDS deducted, if any, will be credited to your bank account on the following Friday.

If sufficient documents are not received by the last date mentioned above, the entire TDS would be deposited with the Govt. I have bought some shares but they still have not come to Demat account. Can I sell them? You will have to wait till the shares come into your Demat account before selling them. What is a short delivery? Short delivery refers to a situation where a client, who has sold certain shares during a settlement cycle fails to deliver the shares, either fully or partly, to the exchange.

What is an auction? An auction is a mechanism utilised by the exchange to fulfil its obligation towards the buying trading members. Thus, when the selling broker fails to deliver the shares, exchange conducts an open market purchase by way of open auction and the shares so bought through the auction are delivered to the buying broker. What happens if the shares are not bought in the auction?

If the shares could not be bought in the auction i. The pay-in and pay-out of funds for auction square up is held along with the pay-out for the relevant auction.

Research and Other Investment Analysis Tools. What resources does the site offer to help take smarter online investment decisions? Our site offer you a comprehensive set of resources like online quotes, news, charts, financial databases, company reports, earnings estimates and a host of research based tools to help you make better decisions. We also offer a comprehensive markets page where you can get to the latest update on markets, trends, news and events affecting the markets.

Also in the customer service section you can subscribe to various mailers for daily market update etc. How do I get my USER ID and PASSWORD for the first time? In order to ensure that you get a secure User Id and Password, we request you to set your own USERID AND PASSWORD when you register yourself on the site.

Once your account is set up, we will inform you by e-mail and then you can login with the same User Id and password set up by you. In case you have filled up the form directly without registering on the site, we would courier you the User ID and Password in a sealed cover. Your account shall be activated for trading only after we receive your confirmation of you having received the same in a sealed condition. Once you log in for the first time you will be prompted to change your Password.

How do I Change my password? You can change your password anytime by accessing our Customer Service Section. In fact we strongly advise you to periodically change your password for added security. I have forgotten my password, what do I do? If you have forgotten your password, please click on the Forgot your Password link in the Login page. In case you give the right answers, your password will be reset and you will be prompted to specify a new Password.

If you are not able to reset the password, please contact us by sending an e-mail at nri icicidirect. How secure are my transactions? ICICIDirect brings you the highest standards of security, which are commercially available on the net. Millions of customers are dealing in shares on the net. We bring you the same level of security standards, which are used by leading international trading sites. We use two level of securities on our web site: Secure Socket Layers SSL and bit encryption technology to provide you the higher commercial available security standard on our web site.

This is a worldwide standard of security adopted by all international online trading sites. SSL is a method of sending private documents through the internet by using a private key to secure messages. Data encryption methods are used to achieve data security. How safe is my Bank Account? Although your bank account is linked to the brokerage account, only you have access to it.

ICICIDirect has access to it to the extent of the amount that you allocate exclusively for trading. How safe are my User Id and password? Your User Id and Password is only known to you as these are stored in encrypted form with us.

In fact, even the first time also you get your own User Id and Password that are known only to you. What is "Systematic Equity Plan" SEP? SEP is a new facility offered through ICICIdirect. For instance, you can select a SEP for a period of say 6 months to invest Rs. After you have provided the necessary details i. Can all clients of ICICI Securities Limited avail SEP facility? All online existing and new clients of ICICI Securities Limited can avail the SEP facility. Which account is required for trading by NRIs in SEP?

You can trade in SEP through your PINS NRE and PINS NRO accounts. Why should I invest through SEP when I can invest in cash segment? You can therefore invest at predefined intervals without the need to worry about the right time to invest in the Equity market. Unlike in the cash segment, where you have to time the market to make gains, SEP helps you to bring down your average cost of acquisition of shares due to the averaging principle.

SEP eliminates the need for you to actively track the market and helps in distributing your investment over a period of time. What is a SEP Request? A SEP Request is an online instruction placed by you on www.

Can I place SEP Request for Sell transactions? You can place SEP Requests for "buy" orders only under the Equity segment.

What is the difference between SEP request and SEP order? SEP request is an authorization given by you to I-Sec for placing buy orders as per your instructions mentioned in the request.

The orders placed by I-Sec as per your authorization vide the SEP request are called SEP orders. Do I need to allocate funds for placing a SEP Request? SEP Request is merely an authorisation given to I-Sec to place order in your account as per your instructions vide the SEP Request. Hence, funds are not required or used when you place SEP Requests.

Your funds would however be required and used at the time of placing the SEP orders. What is meant by "Frequency"? Please explain how does it work? Frequency means the time interval, after the start date, with which you wish SEP orders to be placed in your account. Depending on the frequency selected by you, I-Sec will place SEP orders at the defined intervals after the start date for the total period specified by you. The First order will be placed on the start date specified by you and thereafter orders would be placed at the frequency for the total period as per your request.

In this case the first SEP order for shares in Reliance is placed by I-Sec onthe next SEP order will be placed in the next month on which will be the end date. If you have placed a SEP request for shares in Reliance with 'Weekly' frequency for the period of 2 months with start datethen the first SEP order for shares in Reliance will be placed by I-Sec on and the subsequent SEP dates will beand so on upto i.

Do I need to log in on every SEP date to place the SEP orders? Once you have placed your SEP requests, I-Sec will place the SEP buy orders on your behalf. You need not login to your account to purchase the shares. What is meant by Minimum and Maximum Period? The Order placement page displays the Minimum period and the Maximum period would be available under the drop down for the Total period to be selected by you at the time of placing the SEP request.

I-Sec may change the Minimum period or the Maximum period from time to time without giving any prior notice. What are the types of SEP request I can choose on ICICIdirect. You may select either Amount based SEP request or Quantity based SEP request.

You can indicate your choice by selecting the desired option under the field "SEP Type" at the time of placing the SEP request. What is "Amount" based SEP? Amount based SEP is a SEP type wherein a fixed amount or approximately the same is invested in your desired scrip at each frequency. In case of Amount based SEP, you need to specify the amount to be invested in the scrip at your desired frequency. The amount specified by you should be equal to or above the minimum amount defined by I-Sec.

At the time of placement of your SEP order, since quantity of shares has to be specified, the same will be calculated by dividing the SEP amount specified by you with the market price of the scrip at the time of order placement as per the SEP request. Any fractional quantity will be ignored and order will be placed for the balance quantity. The actual order value would be based on the market price for the quantity so calculated above.

What is "Quantity" based SEP? Quantity based SEP is a SEP type wherein a fixed quantity of shares of your desired scrip is purchased at each frequency. In case of Quantity based SEP, the quantity would be as specified by you and would be fixed while placement of orders as per your desired frequency. The order value would be calculated based on the market price of the scrip prevailing in the market at the time of order placement.

How can I invest through SEP? To start investing through SEP, you will have to follow 3 easy steps as mentioned below:. Login to your ICICIdirect. Check the scrips in which SEP orders can be placed on the following path: Place a SEP request, by visiting either the Systematic Equity Plan page or the SEP Stock list page and click on "Place SEP Request" link.

You will see that certain fields would be auto populated and you will have to key in details for the remaining fields. What is "SEP Request Book"? What are the details available on the SEP Request book? The 'SEP Request Book'' on the site is a page which displays the details of the SEP requests placed by you under the SEP product. You can view the SEP Request book by visiting SEP Request Book link under the Systematic Equity Plan page on the Equity segment.

This book will provide you the details like the SEP reference no.

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What are the details available on the 'Existing SEPs' link? The "Existing SEPs" link on the Systematic Equity Plan page under Equity segment is a link which displays all your ongoing SEP requests.

This link will provide you with details like the date,SEP reference no. Can I place SEP request in any scrip? SEP requests can be placed only in select scrips as mentioned in the SEP Stock list appearing on www. I-Sec may include or exclude any scrips from the SEP Stock list at any time without any prior intimation.

Where can I view the SEP Stock list? You can view the 'SEP Stock List' page on the following path: In which exchanges can I place SEP Requests? You can place SEP Requests for placing SEP orders in both NSE as well as BSE. Can I place SEP Request at any time during the day? You may place SEP Request at any time during the day and even post market hours. Can I place SEP Request through CallNTrade?

You can place your SEP Request through CallNTrade only after you have accepted the Terms and Conditions applicable for the SEP facility by logging in to your account on ICICIdirect. How many SEP Requests can I place in a day? Is there a restriction on the number of scrips in which SEP can be placed by a client? You can place multiple SEP Requests in a day for different scrips or for the same scrip irrespective of whether the SEP requests are Amount based or Quantity based.

There is no restriction on the number of scrips that you choose for SEP request provided the scrips are enabled under the SEP stock list. However, please note that all the SEP requests cannot be placed together and you have to place separate SEP requests for each scrip. Can I place "Quantity" and "Amount" based SEP Request in the same scrip simultaneously?

You can choose both, Quantity as well as Amount based, SEP request simultaneously for different scrips or the same scrip. However, you will have to place two different SEP requests for each SEP type in each Scrip. When would I-Sec place my SEP orders? While placing a SEP request, you are required to select a "start date" from when SEP order placement will commence.

I-Sec will place the order from the start date selected by you as per your request. Thereafter, the orders would be placed on the basis of the frequency and the total period chosen by you in your SEP Request. The orders would be placed on these dates provided they are trading days. In case the frequency dates fall on Trading holidays, then the orders would be placed by I-Sec on the subsequent trading day.

In case of SEP with daily frequency, orders would be placed by I-Sec only on trading days. During a SEP order placement date, the time of order placement would be generally after Is there a possibility that my entire SEP order may not be executed at the exchange? I-Sec is merely your agent for placing orders as per the instructions given by you under the facility.

I-Sec does not have any role to play in the execution of trades after the orders have been placed. Trade execution takes place at the exchange platform as per the order matching rules of the exchange. Thus there is a possibility that orders may be executed only partially or may not be executed at all; as is the case with normal cash transactions also. At what price will my SEP orders be placed and where can I see details of the same? Your orders will be placed at market price i.

You can view the details of all successfully placed SEP orders in your account in the normal Equity online order book. Where can I view the details of the SEP orders placed against my SEP Requests? How do I differentiate between SEP orders and cash orders in the order book? SEP orders would be marked as "SEP" under the column "Channel" in the online order book. I have forgotten to allocate enough funds for my SEP order. Is my order liable to be rejected?

It is advisable that you allocate funds under the Equity segment in your trading account towards your SEP orders from your linked bank account. In case you have not allocated the required amount, ICICI Securities will place the order only after checking that sufficient clear funds are available in your linked bank account. In case the clear funds in your linked bank account are also insufficient to place your SEP order, the entire SEP order would fail.

In case sufficient balance is not available in your account, your entire order will fail. Where can I view the next SEP order placement date for my SEP requests? You can view your next order placement date in the SEP Request book under the column 'Next SEP Date'. Can I cancel a SEP request? You can cancel an On-going SEP request at any time before I-Sec has initiated order placement on the order placement date. You can cancel your SEP request by visiting the SEP request book under the Systematic Equity Plan page of your online trading account.

Once you cancel a SEP Request, all future orders to be placed against such SEP Request no. Is the brokerage rate different for Cash and SEP transactions under the Equity segment? No, there is no change in the brokerage rates for SEP transactions. Brokerage rates and charges applicable for SEP transactions would be the same as your cash transactions. How will my SEP transactions be settled? Settlement of SEP transactions would be done in the same manner as cash transactions.

Please click here to know more about settlement related FAQs. Can I sell shares which I have bought through SEP? Shares bought in your demat account through SEP are at par with the ones bought by you in the cash segment. Will I get any intimation on the SEP orders being placed in my account? There will be two mailers sent to you as mentioned below: A pre mailer will be sent to you in advance intimating the orders to be placed in your account A post mailer will be sent to you at the end of day giving the details of the orders placed on that day in your account on your behalf I-Sec shall send the mailer to its customers on best effort basis and I-Sec shall not be held responsible for non delivery or delay in sending mailer.

Customers are requested to check the status of their SEP orders in their online trading account based on the frequency selected by customers. Exchange Traded Fund ETF. Can NRI's trade in Exchange Traded Funds - ETF's? Through which accounts ETF's can be purchased? You can invest in ETF through NON PINS account only on Repatriable and NON Repatriable basis i. To place an order: Allocate funds through 'Modify Allocation' link. Click on 'Equity' and place a buy order for Exchange Traded Fund ETF.

To know the consolidated list of ETF traded click here. What is the brokerage that is levied? Normal Cash Brokerage will apply on ETF transactions. Will TDS be charged? Is there any documentation required fro calculation of TDS. You need not provide with any documents as the purchase and sell of ETF's are done Online through your ICICIdirect. Can I invest in ETF through 'SEP'? Yes you can modify through SEP option. What all notifications will I receive? You will receive below mentioned notifications: For Subscription and un subscription of notification please refer Subscribe and Un subscribe Notification FAQ.

What is Mapped and Unmapped Device? Mapped device is the one on which any customer is mapped to receive notification and an un mapped device is the one on which no customer is mapped to receive notification. What is Mapped and Unmapped account? Mapped account is one which is mapped to a mobile device for receiving notifications and un mapped account is the one which is not mapped to any mobile device for receiving notifications. How do I map and un-map my account from mobile device?

Your account will be mapped to the mobile device as below: If there is an Unmapped device and Unmapped Account then your account will be automatically mapped to the device on first time Login.

If there is a Mapped device and Unmapped account then you can visit Subscribe Notification page and select "Map me to this Device" to map your account to the present device. Please note you will be automatically un mapped from any other device on which you are currently mapped.

If there is Unmapped device and Mapped account then prompt "Do you wish to map your account to this device for receiving notification? Please note if you proceed you shall be mapped to this device and demapped from any other device on which you are currently mapped" will be displayed on Login with "Yes " and "No" buttons. In case you select "Yes" then your account will be automatically mapped to the present device and un mapped from any other device on which you were previously mapped.

In case you select "No" then no further action will be taken and your account will be not be mapped to the present device If there is a Mapped device and Mapped account then you can visit Subscribe Notification page and select "Map me to this Device" to map your account to the present device.

Please note if you wish to un map your account from the mobile device then you can do so by selecting "Un map me from this device" button available on Subscribe Notification page. How do I Subscribe and Un subscribe Notifications?

If you wish to subscribe or un subscribe notifications for a particular category then you can do so by changing the subscription setting from OFF to ON and vice versa as displayed in the below screenshot. Where can I view the notifications received for my Account? Will I be able to receive all the notifications once I am mapped to a device?

You will receive only default Notifications once you are mapped to a mobile device. Please note if you wish to receive other notifications then you are required to subscribe them.

Will my Subscribe notification setting change if I un map my account from one device and map it to some other device? Yes, your notification setting will become OFF for all the notifications subscribed if you un map your account from one device and map it to some other device. Will my Subscribe notification setting change if I map my account to any mobile device other than the device on which I am currently mapped?

No, your notification setting will not change if you map your account to any mobile device other than the device on which you are currently mapped. NRI Systematic Equity Plan SEP -FAQ. Features of bank account to be linked to brokerage account. How to fill the account opening application form? In case of any query where should I write to?

Systematic Equity Plan SEP. What is "Existing SEPs" link? I have forgotten to allocated enough funds for my SEP order. Features of bank account to be linked to brokerage account? For each ICICIdirect account, there has to be one corresponding demat account, where the settlements of shares can be done.

Since it is a complete online offering, for all the purchase transactions, shares will be credited to the linked demat account and for all the sale transactions, shares will be debited from the linked demat account only. Features of Demat account to be linked to brokerage account 1. Only 1 Bank Account. Only 1 Demat Account. One ICICIdirect Login ID and Password.

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