Please follow the procedure shown below for payout through NEST Trader.
- Logon to NEST Trader Desktop software
- Please go to Secure URL and click on payout option
- Select bank details and put the amount to be withdrawn. Click on the submit.
- Please click here for payout schedule.
Note: Payout process is subject to clear balance available in the trading account on request date.
My account balance showing 100k but withdrawal balance showing nil why??
Hello Prajwal,
Kindly share your client ID. We will check and let you know.
My pay out amount commodity not credited pay out date 03.04.20 at 10.15 am till date
Hello Anant,
We understand there is some delay in processing the payout as our most employees are working from home. Also the banking staff too available with minimum capacity. Considering this, we are trying to give the best possible service to our customers. Your payout request has been processed today. Kindly check your registered bank by today evening. We appreciate your understanding on this part.
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Rs 15/ per order means, if i bought 1000 qty. bank nifty in a single order, but actually executed order in parts of 10. then how much brokerage will be charged ?
Hello Suhaas,
In case of MIS, CNC, NRML, CO(Cover Order) order types, even if the order executes in multiple trades then also you will be charged Rs.15 for the entire quantity. Because the order number is same for all partially executed trades. Please note in case of bracket order type(BO), you will be charged Rs.15 separately for each partially executed order as the order number differs whenever the order executes partially.
I have filled up the form and submitted documents online for account opening. How much time will it take to start trading?
Hello Ankush,
We usually take 2 working days to open an account if all your documents are KYC compliant. We also have arrange a call from your relationship manager for the further assistance.
Is your unlimited plan is totally brokerage free.Also will you deduct any Tax in unlimited plan.
Hello Balvinder,
Yes, in unlimited brokerage plan no brokerage charged to you. You can trade unlimited. Service tax will be applicable to you.
Ex: Suppose you opt for 3999 unlimited brokerage plan, you will be charged 3999+600(service tax) which will be around Rs.4600. This will be charged on 1st day of every month. If there are no trades done in the entire month, we will reverse Rs. 4600 to your trading account on last day of the month.
What is the chares for it
Hello Durgesh,
We do not charge anything for taking fund payout from your trading account to your bank account.
Is Nse & Mcx trading possible with one fund ?
Hello Rajub Roy,
As per SEBI and FMC regulations, brokers are not allowed to transfer client funds between Equity and Commodity account. You are required to take a payout from MCX segment, this amount will be transferred to your registered bank account. Then, you can make a payin again into your equity account. You may refer the FMC and SEBI circulars.
how much time required to withdrawn the amount.
Hello Suresh,
The funds should reach your account on the next working day for the payout requests made before 4 pm. Please refer to our payout schedule for more details.