My Portfolio:

Advantage AxisDirect

The minimum brokerage for all types of accounts is Rs.25 and equity SIP trades is Rs.20 and maximum 2.5% of the trade value (Qty*BUY Price), please go through the following examples to know more:



1) If the 2.5% > Minimum Brokerage:

Customer's Traded value: Rs.500


Brokerage plan: 0.5%


The brokerage charged to the customer will be Rs.12.5 because 2.5% of Rs.500 is less than the minimum Brokerage of Rs. 25


2) If the 2.5% < Minimum Brokerage:


Customer's Traded value: Rs.1000


Brokerage plan: 0.5%


The brokerage charged to the customer will be Rs.25 because 2.5% of Rs.1000 is higher than the minimum Brokerage and 0.5% is less than the minimum brokerage


3) If the Brokerage as per the plan is less than 2.5% but greater than the minimum brokerage:


Customer's Traded value: Rs.10,000


Brokerage plan: 0.5%



The Brokerage as per the plan is less than 2.5% but greater than the minimum brokerage



For stocks trending below Rs.10 it would 3 paisa/share.



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