How much commission does a stockbroker make in India?
In India, the commission earned by stockbrokers is dependent on the type of the trade. There are three categories under which commission is earned: on trade, renewal, and advice. The commission earned on trade is the commission charged on buying and selling of shares. Renewal commission is the commission charged on the renewal of a trade or extension of the lock-in period. The commission earned on advice is the commission charged for advice on stock investment.
What is a stock broker commission in India?
Commissions are a percentage of the total value of the trade made, either in terms of the number of shares or in terms of the amount of money. If I open a mutual fund investment account with a broker, I will have to pay a commission on the money I invest. The commission earned by a broker is the difference between the trade price (which is the price at which the investor sells the security to the broker or the price at which the investor purchases the security from the broker) and the
How much does a stockbroker make in India?
Stockbrokers in India have variable commission depending on the type of business they do. A full service broker usually charges a commission of 15-30% for buying and selling shares. It also depends on the initial investment amount. For example, if the broker had to invest ₹1 crore to buy a stock worth ₹20 lakh, he/she would get a commission of around 15%. If the initial investment is ₹50,000, they would get a commission of 30
How much is a stock broker commission in India?
Stock commission is a fee that a stock broker charges when a client sells a security. This commission is usually a percentage of the value of the security. For example, if you sell shares at a 10% commission, the stockbroker will pay a commission of $100 to the seller of the shares. The commission is usually deducted from the money that the buyer receives for the shares.
What is the commission of a stock broker in India?
A stock broker in India charges a commission on the value of the transactions that they make. Thus, the commission is dependent on the amount that you’ve traded. The commission will vary depending on the type of asset you are investing in. For example, the commission of a mutual fund portfolio manager will be different from that of a commodity exchange. If you are buying shares of a company, the commission will vary depending on the number of shares you are buying.
