Hi,
Few questions for Zerodha and Zerodha clients, Kindly spare your time to answer.
1. If I purchase 500 shares with a disclosure of 50 shares, how zerodha will consider ,as single trade or 10 trades and charge how much brokerage ?
2. If I entered a stock, say Reliance 5 different times and sold in 5 different times, how Zerodha will consider? Is it one sale and one purchase( 20+ 20) for brokerage calculations or 5 +5 = 10, so 10 x Rs 20 = Rs. 200 brokerage ?
3. What are the effective transaction charges ?
Kindly reply my queries .Thanks in advance for your time to respond.
Hi Ravindhra
It is very clear, brokerage is 20 INR for each trade, irrespective of quantity at a time.
So, suppose you place a buy order for 1000 shares of XYZ scrip and it is completed in more than one batch (may be say 200+300+100+400, total 4 batches) even then it will be charged as one order and not 4 orders and so you will pay 20 INR as brokerage. However, if you place, say 5 orders for 100 shares each one after another, though you ordered for a total of 500 shares it will be treated as 5 orders and not 1 order and 100 INR will be charges as brokerage.
Each leg buy or sell, is treated as one trade (20 each), so, buy + sell is treated as 2 trades (20 + 20, total 40), So for query 2, it will be 10 trades (5+5) and 200 INR will be charged as brokerage.
Transaction charges are perhaps, 490 per crore.
