What is a retention statement? A retention statement is a document that is sent to a client by their broker. It lists the funds that the broker has retained from the client’s trading account, and the reason for the retention. Why do brokers retain funds? Brokers retain funds from their […]
What is Monthly Ledger Statement and how to read it?
What is a monthly ledger statement? A monthly ledger statement is a document that is sent to a trader or investor by their broker at the end of each month. It lists all of the transactions that have taken place in the trader or investor’s trading account during the month, […]
What is Annual Global Transaction Statement and how to read it?
In the realm of personal finance and investments, it is essential to keep track of one’s financial activities, and maintain a clear overview of transactions made throughout the year. The Annual Global Transaction Statement (AGTS) report emerges as a valuable tool in achieving these goals. The AGTS report is a […]
What is Margin Statement and how to read it?
The margin statement is not merely a piece of paper filled with numbers; it is a powerful ally that empowers users with transparency and accountability. By offering a clear snapshot of one’s position, it enables users to make informed decisions, manage risks, and seize opportunities with confidence. Whether you are […]
What are DP Charges or CDSL charges?
DP (Depository Participant) charges, also known as CDSL charges, are applied when you sell shares from your Demat account in delivery trades. These charges are levied by the depository (CDSL) for debiting securities from your Demat account. DP charges are applicable only on delivery sell transactions, not on intraday trades.Click […]
What are Call and Trade Charges?
Call and Trade charges apply when you place an order through a dealing instead of placing it online through the app or website. At Samco, the Call & Trade charge is ₹50 + GST per executed order. Click here to explore the full list of charges in detail.
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