Charges other than Brokerage for Stock Exchange Transactions

[rajputz]

All the information is given in the thread only...please read the thread...dont spam unnecessarily...

 

[rajputz]

I dont know about the other brokerages...i am charged on single leg of the order is squarred of intraday....if i carry home, then on squarring off i am again charged with per lot price...

 

[amey1386]

Are there any changes in this stucture according to new budget?

 

[rajputz]

Are there any changes in this stucture according to new budget?

No. at first their was speculation that STT will be removed, but no changes in budget...

 

[Subhadip]

great thread
thank u very much

 

[purr]

a)Does one multiply .02 to the no of shares or the total amount
b)what does intra min 3 paise mean

 

[nac]

a)Does one multiply .02 to the no of shares or the total amount
b)what does intra min 3 paise mean

a) I didn't know where u saw or heard .02. If its % you need to multiply with total value of trade.
b) It means, subject to minimum of 3 paise per share will be charged as brokerage. (Even though, brokerage per share is less than 3 paise while calculating it in %)

Understood???

For eg:
We take the above scenario and do the math here. We assume that .02 is .02% for intra-day and subject to minimum of 3 paise per share.
Share price is Rs. 25/-
You are buying 1 share. Here is how they calculate brokerage...
25*.02% = Rs. 0.005/- (this is as per % basis) but brokerage will be charged subject to minimum of 3 paise. So, your brokerage will be Rs. 0.03/-

You should have understood it by now.

 

[purr]

thanks a lot :clap::clapping::thumb:

 

[viking004]

absolute beginner here ,,,,,,,,,,,i checked some brokers' websites and there charges ,,,in some places i found this one,,,,,,,"exposure against margins --------6 times """"""" what does this mean???????:thanx:

 

[nac]

absolute beginner here ,,,,,,,,,,,i checked some brokers' websites and there charges ,,,in some places i found this one,,,,,,,"exposure against margins --------6 times """"""" what does this mean???????:thanx:

It means, If you got Re. 1/- in your trading account. You can trade shares worth Rs. 6/-. This exposure is given for day trading in cash segment.