In a single day,
1st trade - I am buying 1000 shares of X @ 250 and sells @ 251, here i understand that the brokerage is 40 rs (including buy and sell).
2nd trade in a same day - buy 200 shares of X @ 249 and sells @ 250, what will be the brokerage either 10.02 or 40 rs. In a simple way is that 0.01% brokerage is applicable to that particular order turnover or a days total turnover.
To simply put, (considering you trade with Zerodha) the brokerage is per order vise, not turnover based one.
In your example case, your brokerage would be roughly 20+20+5+5 =50 INR.
This is what Zerodha calculator indicates and my contract notes too.
Brokerage per order from 0.01 % to 20 Rs , which ever is less.
Brokerage would be 40 since these trades would result in 4 orders, 2 order per trade. Brokerage is applied per order and not per trade.
Simple, every executed order is Rs. 20/- (BUY - 20/- plus SELL 20/-), so total Rs. 40/- for your first BUY/SELL. Similarly, your second BUY/SELL is also Rs. 40/-
So, total brokerage is Rs. 80/- for the full day.
(P.S. I have not considered STT, Service Tax, Cess…etc)
1st trade - I am buying 1000 shares of X @ 250 and sells @ 251, here i understand that the brokerage is 40 rs (including buy and sell).
Agreed. Brokerage is 40. Your understanding is correct.
2nd trade in a same day - buy 200 shares of X @ 249 and sells @ 250, what will be the brokerage either 10.02 or 40 rs. In a simple way is that 0.01% brokerage is applicable to that particular order turnover or a days total turnover.
Yes. You are right. 0.01% brokerage is applicable for every separate order's turnover. Not for the entire day's turnover. So you will be charged (249+250) x 200 x 0.01% = 9.98 for this second trade. Note: For Intraday, your single order includes both Buy and Sell, so you need to add 249x200 and 250x200 together and see that as your turnover for brokerage purpose.