What are the SEBI regulations on brokers offering Digigold through their platform?
As per circular issued by ‘SEBI / Exchanges’ to the Brokers to discontinue the services for buying/selling of Digital Gold. Hence in order to comply, IIFL Securities is discontinuing the online platform for buying/selling of Digital Gold with Safe Gold. It means that you can no longer buy Digital Gold from IIFL Securities platform, but you can sell your holding of digital gold through an online platform till 9th September’ 21. If you wish to hold your Digital Gold and sell after 9th September’ 21, then you may visit websiteClick Here and login through mobile number and perform sell activity.
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What is Digigold?
IIFL Securities partnered up with Safegold to provide Digigold services to IIFL customers through which customers can Buy/ SIP/ Sell/ Delivery certified 24K gold digitally through an application. Minimum investment amount is Rs. 500
What are SEBI Charges ?
The SEBI turnover fee is the charge levied by the capital market regulator, Securities and Exchange Board of India, to cover the expenses it has incurred in carrying out its duties. A constant fee of ₹5 per crore of turnover or transaction value is ...
What to do if I have trading accounts with other brokers apart from IIFL?
Don't worry! We support all major brokers. Just go ahead and upload multiple tax P&L statements for all your brokers and we will compile them for you to file your return.
What is KRA
KYC Registration Agency (KRA) is an agency registered with SEBI under the Securities and Exchange Board of India [KYC (Know Your Client) Registration Agency] Regulations, 2011. The KRA will maintain KYC records of the investors centrally, on behalf ...