Prabhudas Lilladher Brokerage Charges

Prabhudas Lilladher, also known as PL India, is on the list of the oldest stockbrokers in the stock market of India. It is a full-service stockbroker and was established in 1944. So, today we’ll discuss the Prabhudas Lilladher brokerage charges.

This depository participant is registered with SEBI by the name – Prabhudas Lilladher Pvt. Ltd. It has shown satisfactory growth and helped its clients to receive decent profits too.

PL India is headquartered in Mumbai and has an offline presence in more than 30 cities across India. It has an overall employee strength of more than 350. This stockbroker extends the facility to trade in multiple financial segments like:

• Equity
• Commodity
• Currency
• Derivative
• Mutual Funds
• IPO
• Portfolio Management Services (PMS)

Also, Prabhudas Lilladher is a member of NSDL, CDSL, NSE, BSE, AMFI, and MCX. Now that we have a background set for the broker, let’s talk about the Prabhudas Lilladher brokerage charges.

Every broker charges a fee for every transaction executed by the traders and investors which is a part of Prabhudas Lilladher Demat Account Charges. These charges vary with the segment traded and also the category of the stockbroker.

Before opening Prabhudas Lilladher Demat Account, know about the Brokerage charges.

So, we should look at Prabhudas Lilladher charges in the category of trading.

Let’s dive in!

Prabhudas Lilladher Delivery Brokerage

Delivery trading is the exact opposite of Intraday trading. In this style of trading, the trader or investor holds on to the financial segment for 2 or more days that can be weeks, months, or even years altogether.

Prabhudas Lilladher brokerage charges for delivery trading transactions is ₹0.1 per trade.

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Prabhudas Lilladher Intraday Brokerage

For traders who wish to make quick gains and earn by the end of every business day, stock market trading gives them the option to execute their trades the same day.

This style of trading is known as Day Trading or Intraday Trading.

Prabhudas Lilladher brokerage charges for Intraday traders is ₹0.01 per trade. This amount is very less as compared to all the players in the stockbroking industry.

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Prabhudas Lilladher Commodity Brokerage

Commodity trading is not as popular as share trading but it contributes significantly to the stock market. To extend the facility of commodity trading, the stockbrokers are required to become a member of the commodity exchanges.

Prabhudas Lilladher is a member of MCX (Multi Commodity Exchange).

Prabhudas Lilladher brokerage charges for the commodity segment is 0.02% per contract.

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Prabhudas Lilladher F&O Brokerage

The stockbroker extends the facility to trade in the Derivatives segment (Futures & Options) to its clients. For this very service, the broker charges a brokerage fee. 

For every broker, these charges are different. Prabhudas Lilladher brokerage charges for trading in Futures and Options are levied per lot. These charges are 0.01% and ₹10 respectively.

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Conclusion

Prabhudas Lilladher Trading is among the oldest stockbrokers in India. It was established in 1944 under the leadership of Mr. Prabhudas Lilladher Sheth. The company has around 28,000 active clients according to the latest data by SEBI.

The depository participant, unlike its competitors, doesn’t offer multiple brokerage plans but the one offered is impressive enough to attract a lot of customers.

Prabhudas Lilladher Brokerage Charges have been discussed in detail in this article. We hope this article helped you in resolving the queries regarding the brokerage plans.

If you have any queries, please comment below and let us help you further.

Happy trading!

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