Terms & Condition

Terms & Condition –

COMPULSORY RULES & REGULATIONS FOR ZERO BROKERAGE
NSE RULES :

TRADING STARTS AT 09:16 & CLOSES AT 15:30.

• PENDING ORDERS WILL BE DELETED AUTOMATICALLY AFTER MARKET
  CLOSES.
• SCRIPT WITH DIVIDEND WILL BE SQUARED OFF AUTOMATICALLY
  BEFORE DIVIDEND
• LIMIT ORDER CANNOT BE PLACED ABOVE 4% OF LTP.
• LIMIT ORDERS ARE ALWAYS PLACED ACCORDING TO BIDRATE
  (FOR SELL) & ASKRATE(FOR BUY) NOT LTP.
• NO NEW TRADES CAN BE PLACED IN THE BANNED SCRIPTS ONLY
  POSITION CAN BE SQUARED OFF.
• LINE TRADES,OPERATOR BASED CALLS WILL NOT BE VALID IN OUR SYSTEM.
• IF YOU DONT CHANGE THE POSITION TO NEW EXPIRY THEN IT WILL
  BE AUTOMATICALLY EXITED AT BID/ASK RATE WHILE EXPIRY OF OLD
  MONTH
• BTST/STBT IS NOT ALLOWED AT ALL.(eg : BUY AT 03:15pm SELL
  NEXT MORNING 09:30am NOT ALLOWED)
• TRADE WILL BE AUTO SQUARED-Off IF LOSS REACHES 90% OF
  THE CAPITAL.
• TRADE WILL BE AUTO SQUARED-Off IF LOSS REACHES 90% OF THE
  CAPITAL..

 

OPTION SELLING RULES :

• ACCOUNT BALANCE SHOULD BE MAINTAINED WITH ₹25,000/- TO
  ACTIVATE THE OPTION SELLING.
• EVERY MORNING FUND SHOULD BE MAINTAINED WITH ₹25,000/- TO
  TRADE IN OPTION SELLING.
• OPTION SELLING SHOULD BE DONE ATLEAST 4 DAYS IN WEEK.
• NO PROFIT WILL BE VALID IF BY CHANCE YOU MAKE PROFIT IN
  OPTION SELLING WITH THE FUND BELOW ₹25,000/-.
• LOSS WILL BE VALID IF YOU MAKE LOSS WITH LESS CAPITAL OF
  ₹25,000/-.
• OPTION SELLING FACILITY IS ONLY FOR PRE-ACTIVE CLIENTS IN FUT.
• OPTION SELLING PROFIT WILL NOT BE VALID IF DONE ONCE ON ONLY
  EXPIRY DAY.
• PROFIT MADE WITH PREMIUM SOLD BELOW ₹10 IS NOT VALID.
• TRADE WILL BE AUTO SQUARED-Off IF LOSS REACHES 90% OF THE
  CAPITAL..

MCX TRADING RULE :

• TRADING STARTS AT 09:01 & CLOSES AT 23:30.
• PENDING ORDERS WILL BE DELETED AUTOMATICALLY AFTER MARKET
  CLOSES.
• LIMIT ORDERS ARE NOT ACCEPTED AFTER MARKET CLOSES.
• PENDING ORDERS CANNOT BE PLACED BETWEEN ASK/BID RATES.
• LINE TRADES/OPERATOR BASED CALLS WILL NOT BE VALID DURING
  PROFIT.
• TRADE WILL BE AUTO SQUARED OFF IF LOSS REACHES 90% OF YOUR
  DEPOSITED CAPITAL.
• KEEP CHECKING THE EXPIRY DATES OF ALL THE SCRIPTS WHILE
  TRADING SO
  YOU CAN EXIT THE POSITION BEFORE TIME ELSE THE SYSTEM WILL
  SQUARE OFF THE POSITION AUTOMATICALLY.
• PLEASE ALWAYS ASK YOUR BROKER ABOUT THE EXPIRY OF THE
  SCRIPTS BEFORE 7DAYS LEFT OF THE EXPIRY OF ANY SCRIPT SO YOU
  CAN CLOSE YOUR POSITION COMFORTABLY.
  EXIT CRUDEOIL/NATURAL GAS – 1 DAY BEFORE EXPIRY IF WEEKEND
  THEN 3 DAYS BEFORE EXPIRY.
• BULLIONS & METALS : EXIT YOUR TRADES 5 DAYS BEFORE EXPIRY.
  (7 DAYS IF WEEKEND IS THERE)
  
  PAYOUT TIMINGS : 10:00AM – 09:00 PM