Hello,
i am new to online trading. Few days back i buy x sahares [email protected] = 1102.5 (Cash-n-Carry on HDFC online trading)
when my a/c balance is 5124.
But trading ledger shows my a/c debited 1131.11which is 28 more than 1102.5.
i think charges will deduct only if i sold any shares which include (taxes...etc).
But i want to know why my a/c debited on purchase of shares ?
is it for processing fee for my account for the first time ? or it will same like further purchases ?
Please let me know
Thanks
i am new to online trading. Few days back i buy x sahares [email protected] = 1102.5 (Cash-n-Carry on HDFC online trading)
when my a/c balance is 5124.
But trading ledger shows my a/c debited 1131.11which is 28 more than 1102.5.
i think charges will deduct only if i sold any shares which include (taxes...etc).
But i want to know why my a/c debited on purchase of shares ?
is it for processing fee for my account for the first time ? or it will same like further purchases ?
Please let me know
Thanks
