Warning
Please provide all your trading instructions exclusively by calling our dedicated helpline number 03368135000 from your registered number. Do not call any of our RMs, Dealers, or APs' personal numbers for executing your trading activities.
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-class technologies & 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
Discover the robust features of our Equity Broking platform designed to elevate your trading experience. Benefit from real-time market data, advanced charting tools, and in-depth research reports to stay ahead of the curve. Our platform also offers seamless trade execution, personalized insights, and exceptional customer support, ensuring you have everything you need to trade with confidence and efficiency.
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
Opening an account with us is both simple and straightforward. Our streamlined process ensures you can get started on your financial journey with ease. Just follow the steps, and you'll be ready to enjoy our comprehensive services in no time.
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
Our pricing and charges are designed to be transparent and competitive, ensuring you know exactly what to expect. We offer straightforward fee structures with no hidden costs, providing clarity on brokerage fees, transaction charges, and any other applicable costs. At PSL, we prioritize fairness and clarity in our pricing, empowering you to make informed decisions and manage your trading costs effectively.
| 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) |
| 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 |
| 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 |
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
Online Trading / Investing
Trade/Invest easily from anywhere through our mobile app PSMART 
and MR-PiP 
Trade from our Office
Visit any of our 10+ offices near you for a rich trading experience.
Frequently Asked Questions
Explore our Frequently Asked Questions to find answers to common queries about our services, account management, and trading processes. Whether you're curious about account opening procedures, fee structures, or technical support, our FAQs provide clear and concise information to help you navigate your trading journey seamlessly. If you have specific questions not covered here, our support team is always ready to assist you further.
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.
PSMART Gallery
The PSMART Photo Gallery is a showcase of our latest innovations and user-friendly features designed to elevate your trading experience. Explore visually engaging snapshots of our customizable dashboards, advanced charting tools, and real-time market analytics. Each image captures the essence of our platform's intuitive design and comprehensive functionality, offering a glimpse into how PSMART empowers traders with seamless navigation and powerful tools. Join us in exploring the future of trading technology through the lens of the PSMART Photo Gallery.
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