Is BTST allowed in geojit?
IF you desire to take advantage of short time uptrend of market, then BTST order facility can be used. ie shares bought under BTST facility can be carried forward for 7 calendar days including trading day.
What is the brokerage for BTST in geojit?
Geojit Tax on Trading
| Tax Geojit | Rates |
|---|---|
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| SEBI Charges | 0.0001% (₹10/Crore) |
| Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Which broker is best for BTST trading?
BTST Brokers
| Broker | BTST Brokerage | Active Clients |
|---|---|---|
| Ventura | 0.20% | 113,894 |
| Fyers | Rs 0 (Free) | 85,043 |
| SAMCO | Rs 20 per trade or 0.20% (whichever is lower) | 79,777 |
| Bonanza | Rs 18 per executed order | 49,151 |
Is geojit a good broker?
Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries.
Is BTST possible in intraday?
While BTST (or ATST) allows you to sell the shares bought on the same day. There’s a difference between BTST and intraday trading….BTST and Intraday.
| BTST | Intraday |
|---|---|
| Higher risk of non delivery from the person you purchase the shares. | No risk of short delivery as buying and selling happens on the same day. |
How do I use BTST in Icicidirect?
To place a BTST login to your ICICI Direct Account with your User ID and Password. Click on Security Projection. Click on hyper link BTST. Enter the quantity for which you wish to place a BTST order.
Is BTST better than intraday?
There’s a difference between BTST and intraday trading. In BTST, you have the choice to sell the shares the same day or tomorrow. In intraday trading, you have to sell the shares on the same day of order execution or convert the trade into a delivery trade. Higher margins are offered for intraday trading.
How reliable is geojit?
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf….Overall Rating.
| Overall Rating | 3.7/5 |
|---|---|
| Brokerage | 3.3/5 |
| Usability | 4.0/5 |
| Customer Service | 3.8/5 |
| Research Capabilities | 3.2/5 |
How do I delete my geojit account?
Process of closing account with Geojit:
- Download the form.
- Fill the form, sign it and submit to the nearest branch.
- If the account has multiple holders, all of them have to sign the form.
- After completing all the formalities, it will take around 7 to 10 business days to close the account.