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What is the average stock broker commission when we buy shares in India ?

I mean is there a fixed percentage ? OR is there a minimum commission for each purchase and sale . ?

Public Comments

  1. for delivery trade anything from 0.25 % to 0.5 %. and yes a few brokers have a minimum transaction charge too.
  2. hi, it varies from 0.2% to 0.75%. you can bargain also. you do more volume, for more time they will reduce. for intra day 0.01 to 0.05%. compare the charges with service also. http://vbulls.com/
  3. Normally 40 paise per hundred Rs on Delivery and 10 paise for trade on the same day
  4. its more or less fixed, commission+taxes comes around rs 325 for every 100k worth of trade
  5. The brokerage depends upon your relationship with the broker. As per rules the maximum brokerage charged can be 2.5% of the trade value + various taxes and duties. But in reality the brokerage charged is very very low to attract clientele due to intense competition. In Mumbai it ranges from 0.05% to0.12% for intra-day trading and 0.25% to 0.75% for delivery trades. You need to ask around in your area to get average rates ( may be different rates in your area than Mumbai). I am in the share broking field and handle lots of clients on my own. I can say for sure that the rate also differs from client to client. In case you are looking for more information, contact me. Visit my website www.askniting.com for some other details.
  6. Some brokers charge a minimum brokerage. The minimum brokerage ranges from 20 - 30 Rs. for delivery based trades. The brokerage is also around 0.3 - 0.5% for delivery trades. Intraday trades are cheaper with 12 - 20 rs. minimum brokerage and 0.03 - 0.1 % from then on.
  7. it varies between 0.2% to 1.0% depending on the broking firm.. This percentage is applied on the total money involved in the buy or sell transaction. For eg: You are investing Rs 10,000 on shares of firm A. Then if the commission is 0.2% then you will need to pay Rs 20/- on the buy transaction. Similarly you will pay a similar commission when you sell the shares on the total amount (10,000 + profit you made).
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