Zero brokerage:- A new brokerage concept.

In india traditionally share brokers charge on brokerage on your trades. Brokers charge brokerage to customers on the basis of % on turnover value of trade. except options (on options brokerage calculated on fixed per lot (for example Rs.80/ per lot).
Now we explain to You what is the actual concept of Zero brokerage.
Example.
Let’s take an example of a XYZ broker that is offering 2 paisa brokerage ( Both Buy & Sell side) on intraday equity trades & 10 paisa brokerage on delivery trades. Let’s assume you place the following two trades:
Buy 1000 shares of wipro Equity at Rs. 500.
Sell the same 1000 shares of wipro Equity at Rs.510 during the same day.
In this case , the brokerage charged would be(1000 * 500) * (0.02%) +(1000 * 510) * (0.02%).= 100 + 102.= Rs. 202 in brokerage charges.
Zero Brokerage

Example Of Trading with zero brokerage

Let’s take an example of a XYZ broker that is offering One time monthly Brokerage Plan( Lets Assume Rs.999 for one month unlimited Trading) or flat Rs. 20 per order. since you placed both buy & sell order, your total fees is just Rs.40.
Buy 1000 shares of wipro Equity at Rs. 500.
Sell the same 1000 shares of wipro Equity at Rs.510 during the same day.
In this case , the brokerage charged would beBuy side 20 Rupees+Sell Side 20 Rupees=20+20 = Rs 40 in brokerage charges.

If you Selected One time Monthly Brokerage Plan than You have to pay only Rs.999 for one month, you don’t have to worry about turnover or how many orders you have placed in that particular Month.

Advantage of Zero Brokerage Concept.

The benefits of zero brokerage concept ( pay per trade model or fixed monthly fee )
1.In this zero brokerage concept, you don’t need to worry about the size of your trade.
2.In this zero brokerage flat monthly fee concept, you don’t need to worry about how many trades you place during a particular month.
3.On a zero brokerage concept, Because of your break-even point is lower. This increases the probability of a trade being profitable.
Very Helpful for intraday Trader.

you never need to worry about how large or small your trade size.
Now in india so many brokers introduced such zero brokerage concept.
Currently RKSV, Zerodha are leaders in this concepts.

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