Getting started
What is brokerage?
The fee your broker charges for placing a trade.
Explained in more detail
Discount brokers usually charge a flat amount per order, often zero on delivery purchases and a small fixed fee on intraday and derivatives. Full service brokers typically charge a percentage of the trade value, which is much higher on large orders.
An example
For instanceA flat ₹20 per order costs the same on ₹10,000 as on ₹10 lakh.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time brokerage appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.