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Modex International Brokerage Charges, Fees, AMC, Transaction Charges 2019


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Modex International Securities Ltd (Modex International), a part of Modex Group was incorporated in the year 1995. The company operates in equity cash market, equity derivatives and currency futures market segments. Other services offered by the company includes demat services and Distribution of Financial Products like mutual funds, IPOs amongst o... Know more about Modex International Securities Limited

1. Modex International Account Opening Charges

Modex International offers stock trading account and demat account services. Customer pays the fees, commission and taxes while trading with Modex International. Modex International fee structure and trading commission rates are explained as below.

To open Modex International account you have to pay account opening charges and annual maintenance charges (AMC).

Modex International Account Opening Charges | Modex International AMC 2019

TransactionFee
Trading Account Opening Charges (One Time)
Trading Annual Maintenance Charges AMC (Yearly Fee)
Demat Account Opening Charges (One Time)
Demat Account Annual Maintenance Charges AMC (Yearly Fee)

Find information about Modex International account opening, Modex International open account, Modex International opening charges, Modex International account opening charges, Modex International account opening status, Modex International amc charges, Modex International account charges and Modex International account closure.


2. Modex International Brokerage Charges 2019

Customer pays commission (brokerage) when buying or selling stocks through Modex International. The brokerage charges for equity, commodities and currency derivative trading for Modex International are explain as below.

Modex International (Brokerage Plan)

SegmentBrokerage Fee
Monthly Fee (Fixed)
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options

5. Modex International Trading Taxes

Modex International charges several government taxes and fees in addition to the brokerage. These Modex International trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Modex International tax calculation.

Modex International Tax on Trading

Tax Modex InternationalRates

Securities Transaction Tax (STT)

  • Equity Delivery: 0.1% on both Buy and Sell
  • Equity Intraday: 0.025% on the Sell Side
  • Equity Futures: 0.01% on Sell Side
  • Equity Options: 0.05% on Sell Side(on Premium)
  • Commodity Futures: 0.01% on sell side (Non-Agri)
  • Commodity Options: 0.05% on sell side
  • Currency F&O: No STT

Exchange Transaction Charges

Refer table above

GST

18% on (Brokerage + Transaction Charge)

SEBI Charges

0.00015% (₹15/Crore)

Stamp Duty

State-wise

Modex International Ratings

Modex International Review Ratings (based on votes by the customers)
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Information on this page was last updated on Thursday, August 4, 2016


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