TraderJi ,
I am new to trading , and unaware of these terms , so please excuse if anything is wrong .
I Opened a brokerage account with Sharekhan ,and these are Brokerage charges they charge :
Intra-day Trades: 0.1% on the buy side and 0.1% on the sell side.
Delivery Based Trades: 0.5% or 10 paise per share or Rs. 16/- per scrip whichever is higher.
My question
Intraday :
0.1% on the buy side and 0.1% on the sell side.
What does these mean ??
For example , In Intraday if i buy/sell 700 shares of XYZ company , Is it that they charge 0.7 paisa for that order ??
Delivery Trading :
0.5% or 10 paise per share or Rs. 16/- per scrip whichever is higher
In Delivary Trading For example if i buy/sell 700 shares of XYZ company , Is it that they charge 3.5 paisa for that order ??
Please let me know if my understanding is correct or i was wrong
??
I am new to trading , and unaware of these terms , so please excuse if anything is wrong .
I Opened a brokerage account with Sharekhan ,and these are Brokerage charges they charge :
Intra-day Trades: 0.1% on the buy side and 0.1% on the sell side.
Delivery Based Trades: 0.5% or 10 paise per share or Rs. 16/- per scrip whichever is higher.
My question
Intraday :
0.1% on the buy side and 0.1% on the sell side.
What does these mean ??
For example , In Intraday if i buy/sell 700 shares of XYZ company , Is it that they charge 0.7 paisa for that order ??
Delivery Trading :
0.5% or 10 paise per share or Rs. 16/- per scrip whichever is higher
In Delivary Trading For example if i buy/sell 700 shares of XYZ company , Is it that they charge 3.5 paisa for that order ??
Please let me know if my understanding is correct or i was wrong
??