Brokerage charge is 0.05% of the total turnover. Suppose the stock you buy costs Rs 100. Then the brokerage charge is 0.05% of Rs 100, which is Rs 0.05. ... The brokerage is calculated on the total cost of the shares at the percentage that has been decided upon.

Is brokerage charged per share?

The brokerage is calculated on the agreed percentage of on the total cost of shares either purchased or sold. Here, you are charged for intraday trading, and for delivery. ... Depending upon the stockbroker, intraday trading charges can range from 0.01% to 0.05% of the volume/amount transacted.

How is intraday brokerage calculated?

Typically, a full-service broker charges between 0.03% to 0.05% of the transaction value as brokerage along with a minimum fee of around Rs. ... Discount brokers, meanwhile, usually charge a flat fee per transaction. On an average, an intraday trader pays Rs. 220 per day to the broker as brokerage charges.