For the trading facility that a
broker provides you he charges a fee called the brokerage. Every broker has his
own plans to offer but the rates are broadly standardized.
An unlimited brokerage plan is a brokerage plan offered for trading in any segment such as equity
and derivatives (both currency and commodity) where the broker charges a
predetermined static monthly fee against the facility for unlimited trading and
by unlimited we mean literally unlimited in terms of volume or size of trade that
is carried out during a month. You pay that fee every month irrespective of the
volume of your activities.
The fixed monthly fee is charged for
every segment. Say for example your broker charges a flat fee of Rs.2000. This
mean you pay Rs.2000 only and nothing in excess (except the GST) for as many
trades as you wish to carry out in the equity segment irrespective of equity
cash, delivery, future & options. Rs.2000 is the amount that remains fixed
and has to be paid even if you don’t trade in a particular month. It is the
fixed brokerage. The fixed monthly brokerage charged varies from broker to
broker.
Unlimited Brokerage Plan of SAS
Online
|
Plan
|
Segment
|
Exchange
|
Monthly
Fee
|
|
BSE,NSE
|
Rs.999
|
||
|
MCX
|
Rs.999
|
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