Why does BlinkX block Exchange charges?

Exchange charges are fees collected by the Exchange for processing your trades. These are standard charges that apply to all traders. 

In the F&O segment, these charges are blocked at the time of order placement. This means the amount is temporarily set aside from your available limit or funds. 

Why is this done? 

Sometimes, after placing an order, there might not be enough funds left in your account to cover these charges. To avoid situations where the exchange is unable to collect its fee due to a low balance, the amount is blocked in advance. This ensures smooth settlement and avoids any payment issues later. 

Please note: These exchange charges are not the same as brokerage fees. If you’re on a 0-brokerage plan, you’re still enjoying zero brokerage on your NSE F&O trades that fall within the plan’s lot limit. Exchange charges are separate and are levied directly by the Exchange, not by BlinkX.