Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

5paisa.com Cuts DP Charges To Lowest In Industry

This reduction in Charges makes 5paisa’s DP transaction charges lowest in the industry.

Photo Credit :

1495474904_9PGOW9_Analytics.jpg

5paisa.com has announced that it has reduced the DP transaction charges from Rs 25 to Rs 12.5. Now, investors will only have to pay Rs 12.5 per scrip, whenever they sell a delivery. This reduction in Charges makes 5paisa’s DP transaction charges lowest in the industry. Most industry brokers charge a higher fees and some brokers also charge in percentage terms.

Speaking on the announcement, Prakarsh Gagdani, CEO, 5paisa.com said, “In the last few months, markets have been moving upward and retail investors are getting a lot of opportunities to Buy low and Sell high. But as most of our investors buy and sell in delivery and they have to pay DP transaction charges for every scrip they sell, they end up spending a huge chunk on their transactions. This has created some dissatisfaction among our customers, and therefore, we decided to reduce DP charges to the lowest in the industry to ensure our investors benefit the most.”

He further said, “our Platinum and Titanium Customers continue to Enjoy ZERO DP transaction charges which are also first in the industry.”


Tags assigned to this article:
5Paisa.com DP Charges broking