How to know about the hidden fees in any trading platforms?
1 Answer
<p id="isPasted">Low and zero brokerage demat accounts are appealing, but hidden fees can impact your returns if unaccounted for. A demat account, essential for trading in India, stores securities electronically. While low brokerage options reduce trading costs, additional charges like account opening fees, annual maintenance charges (AMC), and transaction fees for off-market transfers are often overlooked. Other charges include custodian fees, call & trade fees, and even nominal costs for SMS alerts and notifications.</p><p>These fees, though seemingly minor, can add up over time. Active traders may face higher transaction-related costs, while long-term investors may see returns reduced due to AMCs. …</p>