Sharekhan is the full-service stockbroker offering the best in class broking services, an advanced trading app, a knowledge center, and lots more. But what are the brokerage charges in Sharekhan?
Well, every full-service broker comes up with the specific fees that are charged on the basis of trading type, and the turnover value.
Let’s check these charges for Sharekhan to get into the trade with the renowned stockbroker.
Sharekhan Brokerage Charges List
Sharekhan is registered with both NSE and BSE stock exchanges as well as with the commodity exchanges MCX and NCDEX. Thus, one can trade in all the segments with the Sharekhan demat account.
However, the trading charges to trade in all these segments differ and are discussed in detail in the following segments. Also, the broker comes up with the customized brokerage charges and other plans for its customer.
Let’s have a quick look on how much brokerage charges in Sharekhan one has to pay.
Following from example mentioned in the above segment, if you buy and sell the stocks within the same trading day, then it is termed as intraday trading and Sharekhan will be charging you 0.03% of your trade value, in that case, as brokerage charges.
In other words, for a trade of ₹1 Lakh, you will be paying ₹300 as brokerage to the stockbroker.
Here are the rest of the details for reference:
Sharekhan Equity Intraday Charges
Sharekhan Futures Brokerage Charges
Some people prefer trading in the derivatives segment. Within derivatives, you can be trading in futures and options, and thus, it is required that you keep a close eye on what you end up paying to your stockbroker.
In the case of Sharekhan Equity Futures trading, you will be charged 0.03% per trade. Wondering how to calculate these charges.
Well for this, the broker calculates your profit or loss (difference between buying and selling value) which is considered the turnover value.
To understand this, let’s assume that you buy 1000 lots of ABC at ₹2000 and sell them off at ₹2100. The total profit would be ₹1,00,000 which would be the turnover value of the trade.
Now Sharekhan futures brokerage charges are 0.03% of turnover value. Calculating the same, the total fee you end up paying is ₹30.
Sharekhan trading platform also provides the provision to trade in the currency segment. Since one can trade in currency only in Futures or Options contracts, hence the brokerage is charged accordingly.
Find complete brokerage and taxes information here: