Feedback Message Board

Hi! Suresh,

As is the existing practice by many brokers, Angel has recently introduced Minimum brokerage in JUNE-2010 whereby the clients will be levied a minimum brokerage on the trades executed on a particular day. An additional brokerage will be charged to the client with a maximum cap of Rs. 30 or 2.5% whichever is lower. This means that, as per the agreed brokerage slab if the client is unable to generate a brokerage of Rs. 30 then the client will be levied an additional brokerage up to Rs. 30 or 2.5% whichever is lower in a particular segment. We have informed all our clients one months in advance with regards to the same. Besides, client’s who have opted for prepaid brokerage will not be charged with minimum brokerage till the time their prepaid voucher is Valid.