Important Update: Revised Pricing Effective October 1, 2024

Img September 30, 2024

At **SAS Online x Stocko**, we continuously strive to adapt to the ever-evolving trading landscape, delivering value and innovative features to our clients. Recent developments in the trading ecosystem, coupled with regulatory updates, have led us to revise our pricing structure and enhance our platform. Here’s a closer look at what’s changing and why.
Key Developments in the Trading Ecosystem

1. SEBI’s New Directive on Flat Fee Structure

SEBI has issued a directive requiring exchanges to eliminate slab-wise transaction fees and adopt a flat-fee structure across all members. This is a significant shift that will reduce transaction fees for clients by 30% starting **October 1, 2024**. While this brings more uniformity to fee structures, it also impacts our revenue model. Refer to Exchange Circular HERE.

2. Increase in BSDA Slab Limits.

The Basic Services Demat Account (BSDA) limits have been revised, raising the cap from ₹2 lakh to ₹10 lakh. This change allows more traders and investors to benefit from reduced demat charges, improving cost efficiency, particularly for long-term investors. Refer to SEBI Circular HERE.

3. The Referral Model Discontinued  

In line with these regulatory changes, we are discontinuing the referral model, which will increase our marketing costs for client acquisition. However, we remain committed to providing transparent and value-driven services to our clients. Refer Exchange circular HERE 

4. Proposed SEBI Changes to Futures & Options Trading 

SEBI has also proposed new regulations aimed at curbing excessive speculation in the **Futures & Options** market. We are closely monitoring these developments and will provide further updates as they become available, ensuring that our clients stay informed and compliant.

We’ve also invested heavily in upgrading our technology infrastructure to ensure fast, reliable performance with minimal downtime, even as market conditions fluctuate.

Revised Pricing Plans – Effective October 1, 2024

To continue providing you with the best possible trading experience while adapting to these changes, we are revising our pricing structure as follows:

– LITE Trading Plan – ₹12.99 per order
– PRO Plan – ₹1299 per month – includes the first 99 trades free each month, with ₹2.99 per order after that

These new plans have been carefully designed to offer you flexibility and value, regardless of your trading volume or strategy. Refer complete charges sheet HERE

Other Important Reminder to Note

As part of Budget 2024, the Securities Transaction Tax (STT) has been increased for Futures and Options, effective October 1, 2024: Refer Exchange circular HERE

– Futures**: STT will increase to 0.02%
– Options**: STT will increase to 0.1%

We encourage all traders to factor this into their overall trading costs starting next month.

**Our Commitment to You**

We understand that these changes may impact your trading activities, but rest assured, they have been made with the goal of continuing to deliver the best value and support to all our clients.

South Asian Stocks Ltd. : NSE Member Code 09073, BSE Member Code 6329, MCX Member Code : 55215 , NCDEX Member Code : 1233 NSDL : IN-DP-474-2020 . SEBI Registration No. INZ000164738
Compliance Officer: NSE,BSE,MCX,NCDEX,NSDL : Mr RK Jain , 011-40409999 support@stocko.in
Registered Office : 3rd Floor, Building No.5, Local Shopping Complex, Rishabh Vihar, Near Karkarduma Metro Station. East Delhi – 110092


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