Transaction charges are percentage based charges levied on your trade value. Thus, on a general level, higher is your trading capital, higher are the transaction charges you are required to shell out.
Transaction charges, although, are levied differently for different trading segments. For instance, in delivery trading, these charges are charged at both buy and sell levels while for intraday trades, those are done only for sell trades.
Motilal Oswal Transaction Charges Review
Here are the details of the transaction charges levied by Motilal Oswal across different segments:
Motilal Oswal Transaction Charges – Example
To give you an idea on the total amount of such charges you might end up paying in your trade, here is a quick example:
Let’s say you bought 1000 shares of Infosys each priced at ₹950, thus totalling the total transaction turnover to ₹9,50,000 for a delivery trade.
As mentioned in the table above, for Equity delivery, the transaction charges are 0.00335% of the turnover.
In this case, the Motilal Oswal transaction charges will be ₹950,000 X 0.00335% i.e. ₹31.82
If you want, you can use the complete brokerage calculator to know brokerage, taxes, your overall profit and more by using Brokerage Calculators. As far as Motilal Oswal is concerned, here is a detailed Motilal Oswal Brokerage Calculator for reference.
In case you are looking to get started with stock market trading, let us assist you in taking the next steps forward.
Just fill in some basic details in the form below and a callback will be arranged for you:
Check Transaction Charges of other Stock Brokers here:
More On Motilal Oswal:
In case you are looking to know more about Motilal Oswal, here are a few reference articles for you: