Greenbucks Forex Broker

General Information & Regulation of Greenbucks Founded in 2007, Greenbucks is a leading brokerage firm in India offering a range of financial services to retail clients, corporates,, and high net worth individuals. Greenbucks operates in 235 cities across India with over 500 business offices and is committed to customer-centricity and create profits for its investors. Greenbacks is currently not subject to any effective regulation. Products & Services Investors can trade equities, commodities, futures, currency derivatives, fixed income, custody services, NRI (Non-Resident Indian) services on the Greenbucks platform. Accounts & Leverage of Greenbucks Greenbucks offers investors a Demat account and a trading account. Demat account' deposits source from CDSL and NSDL, with a one-time fee of Rs. 300 charged for account opening. Apart from this fee, there is no annual maintenance fee for traders or investors. The benefits of a trading account include that no annual maintenance fees are needed, different types of trading platforms to meet the needs of different customers, brokerage fees lower than most securities brokerage in the market. Leverage is up to 3x for equity delivery, 3x for stock futures, 6x for stock options, 2x for currency futures, 2x for currency options, and up to 6x for the same day portion of the stock. Fee Schedule of Greenbucks The brokerage fees charged by Greenbucks are 0.15% for stock delivery transactions, 0.02% for stock day trading, 0.02% for commodity options transactions, 0.02% for stock futures transactions, Rs. 15 per lot for stock options transactions, 0.02% for currency futures transactions, Rs. 10 per lot for currency options transactions and a minimum margin of Rs. 0,000. Minimum Rs. 0,000. Other fees for Greenbucks involved are transaction fee of 0.00255%, STT fee of 0.0126% of total turnover, SEBI turnover fee of 0.0002% of total turnover, and GST of 18% (brokerage + transaction fee). Trading Platforms Available of Greenbucks Greenbucks offers several different trading platforms to meet a wide range of customer needs, namely the Greenbucks Securities Trading Terminal, the trading platform for the Greenbucks Basic Network, and the Greenbucks Mobile Trading Application. The Greenbucks Securities Trading Terminal can be used on a desktop or laptop with a Windows or Mac, featuring real-time market updates. The Greenbucks basic web-based trading platform requires no software to download, and traders simply visit the site in their browser and trade. An app-based trading platform can run on Android or iOS, and traders can set up all the stocks they buy and sell and track them via the Internet anytime, anywhere.