Dear Experts,
Can anybody tell the charges levied by brokers at the time of trading other than Brokerage, and wht is the percentage per lac/ crore in details like Turnover charges, STT, S.Tax, Stamp Duty etc...
Your reply will be solicited.
CS Sandip Rahane (CS & Legal ) (368 Points)
11 May 2013Dear Experts,
Can anybody tell the charges levied by brokers at the time of trading other than Brokerage, and wht is the percentage per lac/ crore in details like Turnover charges, STT, S.Tax, Stamp Duty etc...
Your reply will be solicited.
sheetal sachdeva
(student)
(81 Points)
Replied 14 May 2013
Dear Sandip,
Different brokers charge different brokerage there is no fixed amount of brokerage many of them are charging for their other services also like for contract note, advice and tips the biggest problem is that they are not transparent . But Nord Forex India Pvt. Ltd. is the most reliable platform for Online Trading it is registered broker house of SEBI as well as USEIL it offers trading in USD/INR EUR/INR GBP/INR JPY/INR. Nord Forex charge lowest brokerage and no other fees for any of the services Least Margin , Low Transaction Cost ,Nominal Brokerage ,Standard and Centralized Pricing, Immediate transaction , Online & Self Access to trading , Online back office support/login.
Stamp Duty |
0.002 % of turnover or Rs. 200/cr |
SEBI Turnover Tax |
0.0001 % of turnover or Rs. 10/cr |
Service Tax on Brokerage + SEBI Turnover Tax |
12.36% |
I am also trading with Nord Forex India Pvt. Ltd. this is really best and most safest platform for trading.
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