info@peerlesssec.com+91 33 4050 2700

What we Offer

Capital Markets is one of the ideal platforms to make long term investments. Peerless allows you to trade in equities at your fingertips with best in className technology & unbeatable research calls. Invest in Capital Markets with smart insights & recommendations from our research desk to get returns in multifolds.

Completely Digital On-boarding Process of Online A/c opening

Robust Backoffice including Mobile App

Advance Technology Driven Platform and Wide Product Basket

Trusted brand since last 29 years for Ethical & compliant service you can rely.

Nationwide single number for all your Trading needs.

Margin Product/GTD

Equity Broking

Capital Markets is one of the ideal platforms to make long term investments. Peerless allows you to trade in equities at your fingertips with best in className technology & unbeatable research calls. Invest in Capital Markets with smart insights & recommendations from our research desk to get returns in multifolds.

Effortless Investing

Hassle-Free Investing

Get PSMART and Start Investing

Call & Trade

+91 33 6813 5000

Call from anywhere and Trade

Advanced Chart

Available in PSMART & Thick Client.

Integated Tradingview Chat

Instant Pledge Benefit

Anyday - Anytime

We do instant pledge

Steps to open an Account

Capital Markets is one of the ideal platforms to make long term investments. Peerless allows you to trade in equities at your fingertips with best in className technology & unbeatable research calls. Invest in Capital Markets with smart insights & recommendations from our research desk to get returns in multifolds.

Begin by visiting the official website of Peerless Securities Limited www.peerlesssec.co.in. On the homepage, you'll find the "Open an Account" option. Input your email address and mobile number as requested. This information will be used to generate a One-Time Password (OTP) that will be sent to your provided mobile number.

After receiving the OTP on your mobile, proceed to verify your Permanent Account Number (PAN). Enter your PAN number and date of birth as per your PAN card details. Additionally, you'll receive an email verification mail from Peerless Securities Limited (PSL).

You can choose the KYC verification method that suits you best. Options include fetching KYC data from the KYC Registration Agency (KRA), offline Aadhaar XML-based eKYC, sharing KYC documents via Digilocker, or opting for Video KYC, and access a pre-filled registration form. You'll need to provide the remaining details required to finalize your account registration.

Fill in your bank account number, along with the corresponding IFSC code and any other essential bank details. Additionally, you'll have the opportunity to select the specific trading segments you're interested in. In the same section, you can indicate if you already have an existing demat account that you'd like to use. If you choose this option, provide your existing client ID and DPID or otherwise proceed with new demat account procedure.

Prepare and upload the necessary documents as part of the account opening process. The documents typically include your signature, a selfie photo with your PAN card, a scanned copy of your PAN card, a cancelled cheque or bank statement, and any other relevant documents. Be sure to adhere to the specified size and format guidelines for smooth processing. Additionally, this is the stage where you can choose to nominate a beneficiary for your account.

Carefully read and agree to the provided terms, review all the information you've provided, and choose to e-sign using Aadhaar OTP. Await confirmation regarding your account opening status from Peerless Securities Limited.

Pricing and Charges Details

Capital Markets is one of the ideal platforms to make long term investments. Peerless allows you to trade in equities at your fingertips with best in className technology & unbeatable research calls. Invest in Capital Markets with smart insights & recommendations from our research desk to get returns in multifolds.

Charges Equity Intraday Equity Delivery Equity Futures Equity Options
Brokerage 0.02% 0.2% 0.02% ₹ 25 per Lot.
STT 0.025% on the sell side 0.1% on buy & sell 0.0125% on sell side 0.0625% on sell side (on premium). In case of Options Exercise 0.125% on (Settlement Price * Quantity) to be paid by Buyer
Transaction charges NSE/BSE: 0.00325% NSE/BSE: 0.00325% NSE: Exchange transaction charge: 0.0019% Clearing charge: 0.0005% NSE: Exchange transaction charge: 0.05% Clearing charge: 0.002%
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (Brokerage + Transaction Charges + Clearing Charges)
SEBI charges ₹ 10 / crore ₹ 10 / crore ₹ 10 / crore ₹ 10 / crore
NSE IPFT Charges ₹ 10 / crore ₹ 10 / crore ₹ 10 / crore ₹ 50 / crore (On Premium)
Condition Applied* : Above charges are applicable for clients who have registered online. These charges will vary for our offline clients (who can avail extended facilities such as a higher margin and a dedicated RM/Dealer).

Charges Currency Futures Currency Options
Brokerage 0.02% ₹ 20 per Lot
STT No STT No STT
Transaction charges NSE Trans. Chgs.: 0.0009% Clearing charge: 0.0005% NSE Trans. Chgs.: 0.035% Clearing charge: 0.002%
GST 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (Brokerage + Transaction Charges + Clearing Charges)
SEBI charges ₹ 10 / crore ₹ 10 / crore
Condition Applied* : Above charges are applicable for clients who have registered online. These charges will vary for our offline clients (who can avail extended facilities such as a higher margin and a dedicated RM/Dealer).

Charges Commodity Futures Commodity Options
Brokerage 0.02% ₹ 50 per Lot.
CTT 0.01% on sell side 0.05% on sell side. In case of Options Exercise 0.125% on (Settlement Price * Quantity) to be paid by Buyer
Transaction charges Exchange txn charge: 0.0026%
Clearing charge: 0.0003% ,
RMS Charge 0.005% (Only NCDEX)
Exchange txn charge: 0.05% Clearing charge : 0.002%
GST 18% on (Brokerage + Transaction Charges + Clearing Charges) 18% on (Brokerage + Transaction Charges + Clearing Charges)
SEBI charges ₹ 10 / crore ₹ 10 / crore
Condition Applied* : Above charges are applicable for clients who have registered online. These charges will vary for our offline clients (who can avail extended facilities such as a higher margin and a dedicated RM/Dealer).


Securities/Commodities Transaction Tax

Tax levied by the government while transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading either intraday or in F&O.

Transaction/Turnover Charges

Exchange transaction charges + Clearing charges. Charged by exchanges (NSE,BSE,MCX) and clearing member.

BSE: Flat Rate per Trade Rs 1.50 & Clearing Charges Rs 0.01 per Trade.

Stamp Charges

Charged as per Stamp Duty Act 1899 levied for transacting in Securities on exchanges or depositories

DP (Depository participant) Charges

Please refer DP Section for details

Minimum Contract Note Charges

Peerless Securities Doesn’t Charge any Minimum Contract Note Charges

GST

Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)

SEBI Charges

SEBI fees Rs. 5 per cr for cash & Non agri-commodities and Rs. 1/- per crore for Agri-Commodities


*In case no scheme is selected by you then by default AMC as per annual plan will be charged at the end of the first year. For a Corporate Account, the AMC charges applicable from the 1st year are - 1000/- + GST per Annum Plan

Buyback, OFS and NFO Order Charges

No Extra Charges for participating in Buyback, OFS & NFO Orders.

Request for Physical CMR, Contract Note, Ledger, etc.

No Charges for Physical CMR, Contract Note or Ledger Etc.

Disclaimer

Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. No Brokerage is charged on expired, exercised, and assigned options contracts.

Way to Trade/Invest in PSL

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Online Trading / Investing


Trade/Invest easily from anywhere through our mobile app PSMART  PSMART and MR-PiP  PiPapp

   

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Call & Trade


Just dial 033 6813 5000 and place your order.

033 6813 5000

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Trade from our Office


Visit any of our 10+ offices near you for a rich trading experience.

PSL Location

Open A/c Contact Support

Frequently Asked Questions

Capital Markets is one of the ideal platforms to make long term investments. Peerless allows you to trade in equities at your fingertips with best in className technology & unbeatable research calls. Invest in Capital Markets with smart insights & recommendations from our research desk to get returns in multifolds.

Yes, both online ( Mobile app & Desktop) and Offline (Call & Trade) are available.

Yes. You can pay to our account through UPI

Limits are as per guidelines by the regulator(s).For details please refer to our risk management policy here

Pledge request can be made from our mobile App and from the link provided in the website as well.

Yes. same fund can be used to trade in any segment.

Please visit our tariff structure here

We are registered research analysist. Please click here to find our performance

Payout can be asked from our mobile application as well as from client log in tab in the web page

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Peerless Securities has partnered with TradingView for its charting technology. A comprehensive trading platform offering market data and analytical tools like stock screeners and economic calendar to track key financial events.