How much charge in sharekhan, hdfc, 5paisa.com, icicidirect.com for single trade?

I am very new to stock market, I am very confused where to open account for online trading. I am not regular trader. I want to use online investment for ipo, mutualfund and some time trading.

If I trade for single scrip, how much and what type of charges will be charged from 5paisa.com and sharekhan, hdfc, icicidirect.com

Trading is not that difficult just be fully aware of the brokerage and charges. here is brokerage of sharekhan


Brokerage(Standard) 0.1% of total volOr 5 paisa per share (whichever is higher) 0.5% of total volOr 10 paisa per share (whichever is higher)For sell transaction Rs.16 is min brokerage as DP charges
Service tax 12.24% of total brokerage 12.24% of total brokerage
Securities transactionTax (STT) 0.025% of the total vol traded-only for sell transaction 0.125% of the total vol traded-Both sell/ buy transaction
Stamp duty 0.002% of the total vol 0.01% of the total vol
Turnover tax 0.0035% of the total vol 0.0035% of the total vol

Derivative Segment
For futures
Standard Brokerage 0.1%- 1st leg0.02%- 2nd leg 1st leg 2nd leg
Intraday 0.1% 0.02%
Delivery 0.1% 0.1%

Service tax 12.24% of total brokerage
Stamp duty 0.002% of the total vol
Turnover tax 0.0021% of the total vol
Securities transactionTax (STT) 0.017% of the total vol traded-Only for sell transaction

For Options
Standard Brokerage 0.1%- 1st leg0.02%- 2nd leg 1st leg 2nd leg
Intraday 0.1% 0.02%
Delivery 0.1% 0.1%
Brokerage=strike prize* lot size* brokerage
Service tax 12.24% of total brokerage
Stamp duty 0.002% of the premium
Turnover tax 0.051% of the premium
Securities transactionTax (STT) 0.017% of the premium-Only for sell transaction

Being new is very confused is not surprising, so better search around you. Generally the charges starts at 5 paise per 100/- for the deals you close same day, but adding other taxes it becomes much more, you buy 100/- and sell 100/-, it is 10 paise, then taxes brings this to around 15 paise. That means you generally pay around 15 paise per hundred share bought and sold on the same day. However, if you take delivery of the share in your account, it is 1 rupee per hundred, means, if you buy at100 you must sell above 102. Regarding IPO, generally it is easier and no other charges, Mutual Funds are entirely different perspective, in which NAV(Net Asset Value) of the mutual fund is important. And you do not have any controls expect to enter exits at NAVs. I think I have explained.

hi! how are you doing? I am a technical analyst and we advise clients where and when to trade. Regarding opening brokerage accounts, i have tie up with numerous brokerage providers. Out of all of those, i can tell you, dont consider indiabulls and 5 paisa at all. Those are useless in long term service. I think u can discuss with icici, sharekhan and hdfc and see which are providing u all of above facilities. One more thing I will like to add is, IPO are good to invest but i dont prefer personally mutual funds unless you have a good fund where you are thinking of diversifying risk. If you have small capital then it is better you invest in your own stocks and see them growing in your own account.

For further query you can email me at stoxandmore@gmail.com or u can contact at the web: www.stoxandmore.com


Disclaimer: I dont have any vested interest in the above advise given by me.

icicidirect.com is the best and safeful

ICICI Direct is the best as it is easy to use and understand amongst the one you have listed, though expensive from the rest.