Brokerage Charges in Sharekhan

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.

---

Sharekhan Equity Brokerage Charges

The equity segment allows you to trade in different products like delivery and intraday. The brokerage for both these products in Sharekhan depends upon the turnover value.

This means higher the turnover more will be the brokerage charges.

Here is the detail of fees charged by the broker for delivery and intraday trading in the equity segment.

Sharekhan Delivery Charges

If you are someone who buys a stock on Day 1 and sells it one some other day (maybe the next day, next month, next year, etc), then you trade at the Delivery segment.

For such trades, Sharekhan charges the brokerage equal to 0.3% of the turnover value. Let’s understand this with an example.

Suppose you do a delivery trade of ₹1,00,000 in stocks of XYZ company. Here the brokerage you end up paying to execute the trade is equal to ₹300.

Here is the detail of the charges in the table below:

 

---

Sharekhan Intraday Charges

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 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 Option Trading Charges

Similarly within derivatives, if you choose to trade in the Options segment, then you will have to pay pretty high brokerage charges at ₹40 per lot.

If you buy 10 lots of NIFTY then the total brokerage for options trading in Sharekhan would be ₹400.

 

---

Sharekhan Currency Brokerage

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:

 

---

Sharekhan Commodity Brokerage

Lastly, if you are a commodity lover, then be sure of the kind of expenses you have to bear if you choose to trade in commodities through Sharekhan.

Here is the detail of the charges:

 

---

Sharekhan Hidden Charges

Apart from the brokerage, one has to pay certain taxes and fees associated with trading. Here are some of the hidden fees charged per trade by Sharekhan:

 

---

Sharekhan Brokerage Calculator

Now the above brokerage charges and taxes can confuse a beginner trader or investor and can make it difficult for them to evaluate the exact cost of trading.

To simplify this, there is the Sharekhan brokerage calculator that not only helps in calculating the brokerage fees but also the profit or loss percentage in a trade.

---

Conclusion

Offering premium-level services to its clients, the broker charges comparatively higher brokerage fees. However, it comes with a customized offer for its clients.

To know more about the brokerage and to open a demat account with the broker, feel free to contact us.

---

More on Sharekhan

In case you are looking to know more about this full-service stockbroker, here are a few reference articles for you: