First step of trading is to open a Demat account before opening a Demat account you need to there are certain types of charges like, Opening charges, Brokerage, Account maintenance charges(AMC), etc.
Basically opening charges are free from many broker companies but it is taken by some like ₹500. Brokerage is main charge in trading account it is different broker by broker they will charge like 0.03% on your Trading value.
You bought 10 shares of Yesbank at 300 per share 300*10=3000 and you sold those 10 shares at 305 305*10=3050 per share here your Profit will be 3050-3000=50 and your Trading value will be 3000+3050=6050 hence your brokerage will be 6050*0.03%=₹1.815.
AMC is charged yearly mostly broker companies charge 0 in first year.
Basically opening charges are free from many broker companies but it is taken by some like ₹500. Brokerage is main charge in trading account it is different broker by broker they will charge like 0.03% on your Trading value.
You bought 10 shares of Yesbank at 300 per share 300*10=3000 and you sold those 10 shares at 305 305*10=3050 per share here your Profit will be 3050-3000=50 and your Trading value will be 3000+3050=6050 hence your brokerage will be 6050*0.03%=₹1.815.
AMC is charged yearly mostly broker companies charge 0 in first year.
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