In line with the valuable feedback & suggestions from our clients over the one last week and due to the multiple order execution with Bracket Orders (BO), we have removed the minimum brokerage of ₹7 in the Intraday Equity segment. With effect from 20th May 2020, the brokerage is revised to 0.03% or ₹20 (Whichever is lower). For more details, you can visit our pricing and brokerage calculator.
Please note that we had initially implemented it to cover the technology cost incurred to process micro trades and to invest further in fail-safe systems. However, since it affected the P&L for small trades for a section of our clients, we have removed the minimum brokerage of ₹7 immediately. We thank you for your feedback and we look forward to your continued patronage.