Frequently Asked Question

The brokerage in Equity Segment is levied @ 0.01% on turnover for the shares valued more the Rs.100, and is levied @ 0.01 p. per share for the shares which are valued less than Rs.100.

The brokerage in Futures & Options is levied @ Rs.9 per Trade, where per trade means that the brokerage will be applicable as per the number of trades done, that is, as per the Transaction ID generated by the exchange.

The charges and taxes with respect to the trades can checked here.

Visit our brokerage calculator link to know all charges regarding trading.

When you place an order over the phone through any of our dealers, we charge an additional charge of Rs. 20 as Call & Trade, per executed order. If your position is being squared off from our end, then Call and Trade charges will be applicable.

When you place an order which gets traded, it is called an executed order. At Trainers Stocks you don’t pay for placing, canceling or modifying an order.

Cover Order is a type of product allowed in a trading platform that helps a trader to get more leverage while taking an intraday position. Where a trader have an opportunity to gain from high returns. By placing a cover order, a trader get to limit its losses by specifying the mandatory stop loss trigger price. While taking an intraday position (which is done at market price), trader get to specify the trigger price at the time of taking the position itself. This way the downside risk that would normally be present while taking on a leverage intraday position is limited by setting the trigger price for the opposite order (square off) at the time of placing the order.

First, Cover Order helps you provide higher leverage while doing intra-day trading. Secondly, it helps you bring discipline into your trading by asking you to place SL order, compulsorily, thereby limiting your risk or defining your risk in each trade. While higher leverage avails you more trading opportunity, discipline instilled through SL affords you to protect your capital by limiting your losses, in case trade goes against your plan.

Let us assume you wish to take a ‘buy’ position on Nifty based on intra-day movements of Nifty. In case of a simple order, you have exposed to both the upside and downside movement of Nifty, thereby susceptible to significant risk in compensation for possible high returns. In such a scenario, the client is better off by placing a Cover Order instead. This way you can:

• Leverage your ‘buy’ position by a measure of approx four times (depending on the margin).
• Specify a trigger price (which is for the opposite position, in this case – ‘sell’). This trigger price ‘sell’ order gets executed only if the market price of the stock falls below the trigger price set by the user at the time of placing the Cover Order.
• c.) Limit losses to the maximum of the difference between the ‘Buy’ market price and the Stop Loss Trigger price in case of a downside movement of Nifty.

The Cover Order feature has now been extended to NSE, BSE, MCX and derivatives. Thus you can now leverage your trades in all segments.

A client can either place a Buy Cover Order( Alt+F1) or a Sell Cover Order( Alt+F2). A Buy Cover Order implies buying Nifty, expecting the prices to rise during the day while specifying the trigger price for the sell order in case of a fall in the price. Similarly, a Sell Cover Order implies selling nifty, expecting the Nifty to fall during the day, and at the same time specifying the trigger price for the buy order in case of a rise in the price.

Yes both works at the same time as in Cover order, we have a mandatory stop-loss price you need to place while entering. As buy happens on market price and stop-loss/trigger price remains pending.

We have an option in the Order book to exit the pending stop loss where you need to exit the pending stop-loss/trigger price and position will be squared off and also the pending stop-loss price.

To book profit in a cover order you need to go to Order Book by pressing F3. Order Book window will display you SL order as a product type CO. Select your order and click Exit (down right corner of Order Book). Your order will be squared off at a Market Rate. Once the orders have been placed you will be able to see it in your order book. (F3). Stop Loss once placed in Cover Order cannot be canceled but can only be modified within the range as indicated under trigger Price Range. You will be able to amend the Trigger Price “WITHIN THE RANGE” as indicated at the bottom left corner as Trigger Price Range.

• Options Trading – Equity (Stock & Index) & Currency In options, we do provide up to 4X leverage in MIS for Writing/Selling according to the plan selected. In BO /CO upto 4X leverage is being offered for option buying and writing/selling.

• Currency Trading: The leverage of up to 4 times is provided in NSE Currency Trading, as per the brokerage plan chosen by you. The leverage is available in MIS/BO/CO orders only.

• Commodities Trading:The leverage of up to 4 times is provided in MIS and BO/CO orders for Commodity Future contracts, depending upon the plan chosen by a trader.

We are into this industry, since 2013.

Mr Anil and Mr. Abhishek are Directors/Owner of this company among others.

We practically keep our operating cost really low, by operating from a single and centralized office located in Noida & Bhopal. This concept is known as ‘Discount Broking’ and very popular in developed Countries.

Equity, F&O, Currency, and Commodities on NSE, BSE, MCX, and NCDEX. Equity –NSE, BSE, Derivatives- NFO, BFO, MCX, NCDEX, CDS in all segments intraday, Delivery Trading.

Trainers Stocks ensures a trader’s Safety of funds to its optimum level. Stocks Trading being a SEBI regulated entity, your funds are always kept in a fully segregated account as per SEBI Rules. We are into joint venture. There are many things that are already in place to ensure that your funds are safe, some main points are : (i) Client funds being kept in a separate bank account, known as client’s pool account. A Broker/Sub broker/AP/Franchisee cannot mix client and profunds together in any way. (ii) Investor Protection Fund – There’s an Insurance Policy kept in place amounting 10 Lakh for each trading account, traders do open with various Brokers. This amount is collected from a part of your transaction fees charged by the exchanges to help clients recover losses in case of electronic, systematic or other non-client related failures. This is maintained by the NSE/BSE/MCX.