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Thread: What is brokerage amount?

  1. #1
    PolicyWala NewBie
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    Default What is brokerage amount?

    We have to pay the brokerage amount for every transaction we make online whether buy or sell. Can anybody tell me -
    1- How much do we have to pay and on what basis?
    2- Which is the best online brokerage?

    thank you
    Gopal



  2. #2
    PW Stalwart Master's Avatar
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    Brokerage amount very from broker to broker Highest Brokerage is ICICI Direct - around 70 paise. In sharekhan its 25 paise. Also the trading volume play important part in the brokerage.

  3. #3
    PolicyWala Member
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    I am using indiabulls are paying 25 paise. I normally do more trading on F&O.

  4. #4
    Moderator CONFUSED's Avatar
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    Quote Originally Posted by Gopal View Post
    We have to pay the brokerage amount for every transaction we make online whether buy or sell. Can anybody tell me -
    1- How much do we have to pay and on what basis?
    2- Which is the best online brokerage?

    thank you
    Gopal
    I can tell you about ICICI Direct -
    Intraday brokerage is 5 Paisa (Rs.0.05)
    Over that there are charges of STT which ICICI say will be about 2 Paisa (Rs.0.02)
    Hence the total brokerage per transaction is 7 Paisa (Rs.0.07 Per Rs.100)
    Plus there is a is a minimum charge of Rs. 15 per transaction or there is a percentage which comes to almost Rs.15.
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    I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.


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