Achiievers FAQs (Frequently Asked Questions)


Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX. Achiievers offers a whole new way of trading going with the tagline "Making Money Differently", made it simple wherein a client pays a nominal brokerage charg... Know more about Achiievers Equities Ltd

Do you have questions about Achiievers share trading account or Achiievers Demat account?

Get all your share trading doubts and questions answered by reading the Achiievers demat, trading account information FAQ. All Achiievers questions, Achiievers q&a, Achiievers faq and Achiievers questions and answers.

FAQs

  1. What is AMC for Achiievers?

    Achiievers charges Nil Annual Maintenance Charge (AMC) for a trading account and ₹400 for a Demat account. AMC is charged to maintain the accounts.

  2. How much Achiievers charge for delivery?

    Achiievers charge ₹15 for equity delivery trade. These trades are also known as cash & carry trades or CNC.

  3. How much Achiievers charge for intraday?

    Achiievers charge ₹15 for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.

  4. How much Achiievers charge for futures?

    Achiievers charge ₹15 for equity, currency and commodity futures trading.

  5. How much Achiievers charge for options?

    Achiievers charges ₹15 for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.

  6. How much Achiievers charge for commodity?

    Achiievers brokerage charges for commodity futures is ₹15 and commodity options is . Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.

  7. How much Achiievers charge for currency trading?

    Achiievers charge ₹15 for currency futures trading and ₹15 for currency options trading.

  8. What are transaction charges in Achiievers?

    Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.

    Achiievers Transaction Charges 2020
    SegmentTransaction Fee
    Equity Delivery₹350 per Cr (0.0035%)
    Equity Intraday₹350 per Cr (0.0035%)
    Equity Futures₹390 per Cr (0.0039%)
    Equity Options₹7500 per Cr (0.075%)
    Currency Futures₹175 per Cr (0.00175%)
    Currency Options₹6500 per Cr (0.065%)
    CommodityMCX Agri ₹325 per Cr (0.00325%) | Non Agri ₹460 per Cr (0.0046%)
  9. Does Achiievers offer IPO?

    Yes. Achiievers offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.

  10. Do Achiievers offer Mutual Funds?

    Yes. You can buy/sell Mutual Funds if you have an account with Achiievers. In a Mutual Fund, asset management companies (AMC) collect money from several investors and invest them into certain stocks, bonds, debt funds, etc.

  11. Do Achiievers provide margin funds?

    Yes. Achiievers provide margin funding.

  12. What is Achiievers intraday auto square-off time?

    Achiievers auto square-off all open intraday positions at 3:15 PM.

  13. Does Achiievers provide tips?

    Yes. Achiievers provide trading tips for stock and commodity trading to its customers.

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Information on this page was last updated on Tuesday, December 3, 2019


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