Brokerage and STT

[santhu]

Hi

I am new to zerodha. I traded for abt 25 lakh(total traded value) with the balance of 1 lakh in my account and i see huge brokerage and stt charges.
One day i made 1k profit… but i got only 300. Next day i made 1.5k loss then i got 3k loss in total…
Why like this??
Does zerodha charges for BO cancellation??
Say i set a BO which will create 2 orders then one order will execute, and the other one will get cancelled. Now will zerodha charge for the cancelled order??
Plz explain… thanks.

[raheel265]

https://zerodha.com/margin-calculator/BracketCover/
You can calculate from here. Keep in mind that your profit should overcome all taxes and enter into actual profit. By the way on which stock you traded?

[portfolioplus911]

@santhu

Does zerodha charges for BO cancellation??

NO.

@santhu

zerodha charge for the cancelled order??

NO

BUT you need to be aware of this.

Zerodha Brokerage per Trade or per Executed Order.?

If I place single buy order for xyz stock 2000 qty in BRACKET ORDER. If the order get fully executed in 10 attempts. That is filled 200 qty 1st then 200 and so on ..and the same thing happen when I sell or system sell that stock, again 10 attempts to sell it in 200 qty at once.  My Q is what will be Zerodha brokerage in this scenario. Will it be Rs. 40 ( Buy brokerage Rs. 20 + Sell brokerage Rs. 20) as I place 2000 qty in one Single Limit Order. OR Will it be Rs. 400 ( Buy brokerage Rs. 200 …

[santhu]

Thanks… that link helps.
What is STT … is it same across all brokers?

[Srinivas]

@santhu

What is STT … is it same across all brokers?

STT is the security transaction tax which you pay while transaction securities and it is collected by the Government of India.
These are the STT charges based on the type of trade and it is common among all brokers.

[santhu]

Thanks