Goodwill Commodities Brokerage Charges and Transaction Charges
Goodwill Commodities is a decade old stockbroker, incorporated in the year 2008 by Gandhimathi Baskaran in Chennai. Goodwill commodities and wealth management is a full-service broker having expertise in commodity trading and investment. Goodwill commodities offers service in Equity, Currency, Derivative, Commodity, Mutual Funds and IPO. As a Depositary participant of CDSL and NSDL, Goodwill wealth is a proud member of BSE, NSE, MCX and other national exchanges with client base of more than 70,000 clients.
Goodwill wealth charges a minimum of 0.01% and maximum of0.02% brokerage which overall is very minimal. As a full-service broker, brokerage charges in Goodwill Commodities are based upon the total percentage of turnover value. It is known for the highest margin limit in the stock brokerage industry and deserves the tag of ‘High Limit/Margin Provider’.
Goodwill Wealth has its own trading platform named as ‘Giga’. It is very user-friendly application with clean user interface. Goodwill commodities is dedicated to provide best facility to their customers. Goodwill commodities offers most qualified advisory services and it has been rewarded thrice by NSE.
This platform provides you a wide range of advance tool for charting, trading and technical analysis. Goodwill have transformed the face of trading. This platform is integrated with the latest technology which is secure, reliable and user friendly.
SLBM stands for Stock Lending and Borrowing Mechanism. Stock or Security Lending and Borrowing (SLB) is an opportunity in which a trader can lend the stocks that they own and also a trader can borrow shares that they do not already own. In this way, a trader can earn a lending fee for the stocks lend.
Nobody knows the actual price at which the share is quoted on listing in the stock exchange, sometimes it could be less than the offered rate. This totally depends on demand and supply of the shares, company’s performance, overall economy etc.
It is advisable to transact through a SEBI registered intermediary. If you want to buy or sell any security on stock exchanges then you need to transact through a trading member of a stock exchange and also if you intend to hold securities in demat form then you need to maintain an account with a depositary.
Some useful points are as follows :
• Always make sure that your broker must be SEBI registered.
• Sign an agreement with your broker or sub-broker setting out terms and conditions clearly.
• Always insist on contract notes from your broker or sub-broker.
• Be sure that you give all your required details in the “Know Your Client” form.
• Always remember to keep copies of all the investment documents, application forms, acknowledgements slip, contract notes etc.
• Never ignore your expenses as well as if there is any doubt regarding transactions, make sure to discuss it with broker or sub-broker.
• If your broker or sub-broker is not resolving your problem or complaints within a reasonable period of time then bring it to attention of the “Investor Grievances Cell” of the NSE.
• Self-assessment is very important before investing. You must know your capabilities before venturing in the market.