Intraday brokerage of 0.10% on both buying & selling or just once?

Hello.

I have a simple question about intraday brokerage.

Is it charged just once while buying or both times while buying and selling?

Like If i buy a share of Rs. 100, and sell it for Rs. 101 then I'll have to pay Rs 0.10 or Rs. 0.20 as brokerage?

Thanks for answering

You have to pay .20 both side brokrage

it depends upon brokerage to brokerage. What plan they are giving to you. Like my current brokerage is charging my for one leg buy side only. Similarly others charge on two legs...

Get it confirmed with your brokerage ...

Some may charge both sides whereas some may charge this for single side.

Contact your RM. He'll make things more clear.

All types of brokerages (delivery, intraday, F&O) are negotiable. Depending on your promised turnover your RM can offer you lower brokerages. Similarly, the intraday trades also can be negotiated with brokerage on one side or both sides. I pay both sides for intraday and the rate is 0.025% each for buying and selling.

-Anant

10p for intraday...AWK. Change your broker...ASAP

Thank you everyone for your replies.

And why is everyone saying that the charges are high?
I had visited Share Khan, Angel Broking, HDFC Bank and they all said the same charges.
10 paisa (0.10%) for Intraday and 50 paisa (0.50%) for Delivery.

Or am I missing something? But I had investigated about 3 companies and after finding that they all charge the same, I opened an account with Angel Broking. Are these brokerages rates very high? Then which company charges less brokerage?

Thanks for your replies

Think u are in a fish market..... NEGOTIATE....

if you are a swing or delivery trader then brokerage really doesnt mattter alot. but for day traders it is a crucial factor. You will see when you will trade that how much brokerage you are giving each day to your broker house. So least the good. Still there are some hidden charges other then brokerage that needs to be added. And i think that all the brokerage house due to competition are giving cheap brokerage these days....there was time when the rate varied alot. If brokerage is cheap and same with all, then go for the brkerage with best service, even if brokerage is little higher then cheapest.

I experienced the same after enquiring at Indiabulls and Sharekhan. Basically when you open an account, they charge this rate. Only once you begin to start trading and generate more and more volumes, then you can re-negotiate the brokerage rates. Also the rapport you have with your RM is important. The more business the particular branch is getting the more willing there are to decrease the brokerage, hence it is better to enquire at older branches or branches at high density places.The rates may vary across different branches of the same brokerage house. Even if you find another brokerage house with lower rates like RK Global it has recurring monthly charges of 112 (web version) or 336 (Odin version). So increase your volumes and then renegotiate or open another broking account (at larger volumes or esp if u trying options trading).