Looking for Low Brokerage, High Margin & Free Tips?
Sharekhan Equity Brokerage Charges
| | Charges | No Comments
Charges
A lot of people have made equity investment and trading their main business, while some see it as a source of additional income. The brokerage charges for equity vary from broker to broker. In this article, we will acquaint you with Sharekhan Brokerage Charges for equity.
Sharekhan, a full-service broker has made its mark as one of the best stockbrokers by adding quality to all the services it provides.
Equity trading and investing is the most preferred segment among all other forms of trading.
Therefore, if you are looking to open a Sharekhan Demat Account, you must be aware of the Sharekhan Brokerage Charges for Equity.
Now one can do equity trading in all kinds of trading products. In all, one needs to consider the charges for:
- Equity Delivery
- Equity Intraday
- Equity Futures
- Equity Options
But are the charges for all these segments the same?
Well for this, let’s look into the details of these charges and how they are calculated.
You may already know that delivery trading is buying the stock one day and selling it another day for earning returns.
Sharekhan charges are 0.3% per order for equity delivery trading. It means you will have to pay 0.3% brokerage on buy orders as well as on sell orders.
| Sharekhan Equity Delivery Brokerage Charges | |
| Equity Delivery Brokerage | 0.3% of the turnover value |
To make it simple, let’s say you place a buy order for a stock worth 1 lakh. You will have to pay ₹300 (0.3% of 1 lakh) as brokerage.
Similarly, if you wish to sell the stock after a few days, you will have to bear the 0.3% brokerage again.
Other than the brokerage charges in Sharekhan, hidden charges such as STT, SEBI charges, DP charges and GST, etc. will also be levied.
Intraday trading meaning is associated with buying and selling shares in a single day. In this form of trading, the brokerage is levied on the total turnover for the day.
Sharekhan charges 0.03% per order as a brokerage for intraday trading. In this type of trading, suppose you take a position (long or short) in the morning. Now you will have to exit your position before the market closes at 3:30 pm.
With Sharekhan, you will have to pay 0.03% of the total turnover for the day as brokerage.
| Sharekhan Equity Delivery Brokerage Charges | |
| Equity Intraday Brokerage | 0.03% of the turnover value |
One more thing, all the hidden charges except DP charges will be levied since DP charges are levied upon the sale of shares in delivery trading.
Equity futures are a separate trading segment. In this, a trader has to pay brokerage on both buying and selling of futures contracts.
With Sharekhan, the brokerage for Equity Futures is 0.03% on every order.
| Sharekhan Equity Futures Brokerage Charges | |
| Equity Futures Brokerage | 0.03% of the turnover value |
Along with that, all the hidden charges will be applicable too.
Options are other derivative contracts that are traded with equity. If you wish to trade in this particular segment then you must be aware of the money you’ll be paying to the broker.
Sharekhan option trading charges are ₹20 per lot as a brokerage for equity options. It means you will have to be ₹40 on both purchasing and selling of the equity lot.
| Sharekhan Equity Delivery Brokerage Charges | |
| Equity Option Brokerage | ₹40 per lot |
Apart from brokerage, other charges will also be levied.
Conclusion
Sharekhan, as a full-service broker, has established itself as one of the reputed stockbrokers. It offers quality services and trading platforms to all of its customers. For which, the stockbroker charges a considerable sum of fee as brokerage on equity trading.
Sharekhan brokerage charges for equity are justifiable according to the services it renders.
Want to begin your investment journey with a renowned stockbroker. Get in touch with us and we will assist you in opening a demat account online for Free!