I bought 10,000 shares of birla power for 3.85 each... last friday..
but to my surprise my broker K&A securities(trustline) charged me 5% brokerage amount .. which is arnd Rs 2000... and it ll be the same while selling... so total is 10% to broker....
They usually charge arnd 0.3% to 0.5% brokerage for delivery shares which they told me before .. I had no damn idea it gonna be that high.. in this case.
Now its like i have to wait for two circuit breaks to be in pos of no profit no loss.
What action could i take on my brokerage firm plz suggest...
but to my surprise my broker K&A securities(trustline) charged me 5% brokerage amount .. which is arnd Rs 2000... and it ll be the same while selling... so total is 10% to broker....
They usually charge arnd 0.3% to 0.5% brokerage for delivery shares which they told me before .. I had no damn idea it gonna be that high.. in this case.
Now its like i have to wait for two circuit breaks to be in pos of no profit no loss.
What action could i take on my brokerage firm plz suggest...