frequently asked questions

Apart from the commission you pay us for our services, commonly termed as Brokerage, you are usually charged for Tunover charges, STT, Stamp duty.
Please call us for detailed answer.
It has been settled now that income from derivative trading will be considered trading income (as if you have earned through delivery based transactions), and not the speculation income.
Please call us for detailed answer.
The first thing is obviously to discuss the issue with the broker and amicably resolve the issue. If the grievance still persists, you can make a complaint with Exchange's/ DPs. Following links are useful.
Total margin for open positions in the derivative market is the sum of SPAN margin and EXPOSURE margin. Whereas the exposure margin is a constant percentage of closing value of open position (the percentage changes every month), the SPAN margin comes from exchanges directly and varies daily in tandem with the Volatility and other factors in the market.
Intermediaries have been directed by the Exchanges' and SEBI regulations to keep updated with the personal and financial details of their clients. Please inform your broker immediately on change of personal and financial details. Please bear with us if we keep on asking for income proof year after year.
Please call us for detailed answer.
Please call us for detailed answer.
Please call us for detailed answer.
Please call us for detailed answer.
Please call us for detailed answer.
Please call us for detailed answer.
Yes. PAN Card has been made mandatory for opening trading / dp accounts.
You have all the legal rights over such dividends and will be given by the Broker to you on receipt of the same. This may be through direct credit to your account maintained with the Broker or he may choose to give separate cheques to you.
For the great volume of transactions, it may not be possible for the Broker to keep track of every right share option available or inform you the same. It's the onus of the client to pre-inform the broker if he intends to make any such right share application through payment of money to the broker. The broker shall make necessary reservations then.
attention investors

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day....issued in the interest of investors.

Prevent Unauthorized Transactions in your account --> Update your Mobile Numbers/Subscribe for sms alerts /email ids with your stock brokers. receive information of your transactions directly from exchange/depository on your mobile/email at the end of the day.......... issued in the interest of investors | KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, dp, mutual fund etc.), you need not undergo the same process again when you approach another intermediary.

Copyright © 2017 ExcelStock Broking Pvt. Ltd. All Rights Reserved
Designed , Developed & Content Powered by  Accord Fintech Pvt. Ltd.
close X

Download Client Registration Documents