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.
Will it be Rs. 400 ( Buy brokerage Rs. 200 + Sell brokerage Rs. 200 ) as it executed in 10 different orders.
What if I do same with COVER ORDER .. then Brokerage?? and
What if I do just MIS. No Cover Order and No Bracket Order.. then Brokerage??
Lot of traders esply new to zerodha like me want to know ...
How you really charge..?
Zerodha official persons, could you please clarify this issue...
hi, if i am not mistaken, are you saying that the system will charge 20rs for every trade fill. because it should not as it is a single order, no matter how the order get executed it should be considered 1 order. so brokerage should be 20 rs or 0.01% whichever is lower.
@nithin Sir, Then what is the point of using bracket order if it does not protect the traders? when we take a trade, there are only two transactions a buy and a sale.
which should be 20+20=Rs40
but, for bracket order when we take a trade, we charged Rs20 for taking the position, but the execution of the order in multiple suborders is not in traders hand, so, if it executed in multiple sub-order, we charged more than 40 in just a complete trade!!
we when, take a trade never placed multiple order, we placed two orders of buy and sale.
trader A and B place a trade of 100 quantity and earned same MTM
but, trader A charged more because his order executed in multiple suborders and trader B earns more because luckily he gets 100 orders executed at one time!
PLEASE REVIEW YOUR POLICY SIR.
if i have executed an order for 100 shares (intraday) and after some time if i add 100 shares on same order what will be the brokerage. Since it is the same order the brokerage has to be only Rs.20/- right?
So, what I understand is if I execute an order say 10 share of infy (intraday) it is one order right? Without exiting this order if I add 10 more shares of infy it becomes new order? So totally 2 orders right?
Today, I placed an order to Sell 4 lots of Voltas Futures at Price 1048. Only 1 lot got executed at Price 1048. Later I modified the SAME order to Sell remaining 3 lots at Price 1047. After few minutes all the 3 lots got executed at Price 1047.
My question is: what is the brokerage charge for this Sell transaction. Rs.20 or Rs.40?
Can anyone please answer. Thanking you in advance…