Charges and Brokerage?

Cyriac

Hello,

Can someone provide clarity? The API is free for now but trades executed with Smart API will be charged brokerage at Rs 20 per trade? Is that correct?

Or is there an option to pay Brokerage at the existing rates of the % based system while using Smart API?

Many Thanks

admin

Hi @Cyriac said in Charges and Brokerage?:

Can someone provide clarity? The API is free for now but trades executed with Smart API will be charged brokerage at Rs 20 per trade? Is that correct?
SmartAPI just helps you to access you account programmatically rest all the feature same

@Cyriac said in Charges and Brokerage?:

Or is there an option to pay Brokerage at the existing rates of the % based system while using Smart API?
No

Cyriac

@admin Hi, Some pending confusion.

Currently I am on % brokerage for intraday trading and delivery? So while using Smart API is the brokerage the same % as now existing?

Or I have to change to paying brokerage at Rs 20 per trade for using Smart API?

Please Inform

admin

HI @Cyriac Your brokerage will remain same which you have currently.For more information kindly contact normal customer care.