Frequently asked questions
Intraday brokerage charges are based on either the value of the trade or the number of shares traded, along with either a flat fee or a percentage fee charged by the brokerage firm.
Commodity brokerage is generally calculated as a percentage of the total transaction value or charged a flat value.
The brokerage fees charged for trading on both BSE and NSE stock exchanges are the same, but the total cost and other charges might differ based on the value of stocks on different exchanges. It's important to double-check with your stockbroking firm for any additional fees or charges before you trade.
Broker commission is typically calculated as a percentage of the trade value, though this can vary depending on the broker. For instance, if the commission rate is 0.1% and you trade Rs. 10,000 worth of stocks, the commission will be Rs. 10.
Breakeven is determined by considering the total cost incurred, including brokerage fees and other charges, and dividing it by the number of shares bought. It signifies the point at which the investment neither gains nor loses.
Futures brokerage is calculated based on the contract value and the brokerage rate charged by the broker, often expressed per lot or contract traded.
Brokerage rate refers to the percentage charged by brokers for executing trades in the securities market.
Yes, brokerage can often be negotiated or reduced based on factors like trading volume and frequency.
Some brokerage calculators are free to use, providing a convenient way to estimate trading costs and optimise investment decisions.