Hi Team,
Iโm very disappointed with the charges out for yesterday trade. I traded 20 trades and 3k charged me.
Can you investigate on the same I will send the contract notes. It should not cross more than 1k even if we consider the modified trades. Including modified trades itโs 32.
Please provide the justification.
@pavz please share your UCC over DM, we will get this checked.
50 lots of NIFTY will be broken into atleast 2 legs as it exceeds the freeze quantity limit. So the brokerage would be for 2 orders. If you chose 3 legs, there would be 3 orders placed and hence brokerage will be applicable for 3 orders and so on.
Also, let us say you placed an order to buy 10 lots of NIFTY, and due to liquidity, you got the 10 lots at different time intervals (different trades). Here, the brokerage will be changed on order (single) and not trade (multiple)
Thanks @iamshrimohan for the quick response.
Viju will be sending the info, kindly look into it.
He recently joined DHAN from Zerodha, and the charges were a shocker to him.
Please rectify if theres an issue in calculation of lots.
@pavz anytime. FYI brokerage is just a fraction of the total charges levied. As a thumb rule, you can always consider total charges as around Rs. 100 per 1 lakh of turnover in FNO segment.
If you trade NIFTY at this level, the BEP would be around 35 points.
Yes that is the sad truth. Brokerage is a small fraction in large orders especially with futures. STT, transaction charges by exchange etc are the main culprits.