Intraday trading is the most dominant trading segment in the Indian trading segment, so you should choose a broker who provides the best research and tips and charges minimum brokerage. So which broker can be good than JM Financial. But you need to know JM Financial Intraday Charges before starting intraday trading with this full service broker.

In this blog, we will explain JM Financialâ€™s intraday charges and other charges that usually remain hidden from plain sight.

JM FinancialÂ although a full-service broker but is known for charging the least intraday fees. Now, this becomes more beneficial for the traders executing multiple trades in a day.Â

The intraday trading brokerage charged by the broker is 0.02% of the turnover value.

Here are details in the table below:

In case you are thinking about how JM Financial brokerage for intraday trade is calculated letâ€™s show you an example.

Suppose a trader Akshay bought 50 shares for â‚¹ 5000 and sold them for â‚¹10000. So the total trade turnover is â‚¹ 15000

Now brokerage is charged on the buy-side is =0.02% of â‚¹5000 = â‚¹1
Intraday brokerage on the sell-side is 0.02% of â‚¹10000= â‚¹2

Â So total brokerages on turnover of â‚¹15000 is=â‚¹3

### JM Financial Brokerage Calculator

As we have stated earlier apart from brokerage you have to pay some other charges like STT (Security Transaction Tax) and GST which goes to the Indian government, Stamp duty goes to states, Transaction Tax goes to Stock exchange NSE and BSE and SEBI charges.Â

All of these charges are as follow:

• SEBI Charges: 0.00015% of the turnover value
• Transaction Charges: 0.00345% of the turnover value
• Stamp Duty: 0.002% of buy value
• STT Charges: 0.25% of the turnover value
• GST Charges: 18% (Brokerage+Transaction)

Now to calculate these charges along with the brokerage, you can rely on the JM Financial brokerage calculator. Just enter the basic information like buy, sell price, and a number of shares.