In intra day sometimes the order gets executed in multiple parts causing multiple brokerage costs on buy/sell of the shares. Is this with zerodha or is the same with other brokers like sharekhan, icici?
Hi @AtifHussain,
The brokerage structure in Zerodha is per executed order only for all orders, even if the order you place is executed in multiple trades, only BO is an exception, since BO( Bracket order) is an algorithmic order, the charges is 0.01% or Rs.20 / executed trade, this wouldn’t hurt if you are a small trader buy/sell side turnover below Re.2 lacs, this could sound expensive if you are a huge volume trader, but is still cheaper compared to other brokers.
Thanks,
Lindo
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yeah you are right. I just checked brokerage of other brokers & they are exorbitantly high. Thanks for the answer