Is the brokerage and Security Transactional charges are mandatory even though I end up in loss?
Nilesh JaiswalContributor
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Is the brokerage and Security Transactional charges are mandatory even though I end up in loss?
Yes, the brokerage charges and the other SEBI charges are mandatory even though your trade goes in to loss. The brokerage charges vary from broker to broker and the SEBI charges are remains same.
Most of the discount brokers are charging around 15 to 20 Rs. or 0.05% of the trade value (whichever is lower).
Generally Brokerage charges are very high for Futures and Options compared to Equity.