Table of Contents
Which broker is best for commodity trading in India?
Top Commodity Broker in India List (Full-service Brokers)
| Rank | Broker | Brokerage |
|---|---|---|
| 1 | ICICIdirect | Rs 20 per order |
| 2 | HDFC Securities | 0.02\% for Intraday / 0.025\% for positional |
| 3 | Kotak Securities | Delivery: Rs 20 per trade | Intraday: Free |
| 4 | Sharekhan | 0.03\% |
What are the charges in commodity trading?
Commodity
| Zerodha charges | Commodity futures |
|---|---|
| Brokerage | 0.03\% or Rs. 20/executed order whichever is lower |
| STT/CTT | 0.01\% on sell side (Non-Agri) |
| Transaction charges | Group A Exchange txn charge: 0.0026\% Group B: Exchange txn charge: CASTORSEED – 0.0005\% KAPAS – 0.0026\% PEPPER – 0.00005\% RBDPMOLEIN – 0.001\% |
How much does a broker charge in India?
Minimum Brokerage Amount (Full-service)
| Broker | Minimum Brokerage | Acct Opening Fee |
|---|---|---|
| ICICIdirect | Rs 35 per trade (I-Secure Plan) | Rs 0 (Free) |
| Kotak Securities | Rs 21 per executed order | Rs 0 (Free) |
| HDFC Securities | Rs 25 plus taxes | Rs 999 |
| Motilal Oswal | Rs 25 for Delivery and Rs 12 for Intraday | Rs 0 |
How is commodity brokerage calculated?
Brokerage calculator works on a simple brokerage fee calculation formula: Brokerage = Number of bought/sold shares x Price of one unit of stock x brokerage percentage. This formula is employed in both intraday trading calculations and delivery trading brokerage calculations by share brokerage calculators.
What is margin in Zerodha?
The margin used in Zerodha Kite thus means the net funds’ trader has already utilized in placing an intraday, F&O, or delivery orders. It also refers to the amount blocked for open/pending orders that are yet to be executed. This profit, therefore, is seen as – ₹50 in “margin used”.
What are the commodity brokerage fees for online commodity trading?
The full-service commodity broker fees range from 0.03\% to 0.05\% of the transaction value. Some broker also charges a flat per trade (i.e. Flat?25 per trade Angel Broking) commodity brokerage fees for online commodity trading. Below is the list of the best commodity broker in India offering full-service to customers.
How much does MCX commodity broker charge in India?
If you are looking for the best MCX commodity broker in India, then compare brokers below and find the best suitable broker for your trading needs. The full-service commodity broker fees range from 0.03\% to 0.05\% of the transaction value.
What are the different types of commodity brokers in India?
The commodity trading brokers in India are classified into two categories: Unlike a commodities discount broker, the full-service broker offers online as well as offline trading through a network of branch and franchise offices.
What are the brokerage charges for equity trading in India?
For a non-PIS account, 0.5\% or ₹100 per executed order for equity (whichever is lower). Tax levied by the government on the services rendered. 18\% of ( brokerage + transaction charges) Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.