What all are the charges for the commodity segment trading at 5paisa?

What all are the charges for the commodity segment trading at 5paisa?

Before we dive into the charges, let's understand what commodity trading is. It's like buying and selling stocks, but instead of company shares, you're trading things like gold, silver, oil, wheat, or cotton. These are physical goods that have value.

Main Charges at 5paisa:

  1. Brokerage Fee: ₹20 per order

  2. Transaction Charges:
    • This is a fee the commodity exchange charges, not 5paisa.
    • It varies based on what you're trading: a. Most commodities (Group A- 28 commodities): 0.0021% (about ₹21 for every ₹1,00,000 traded) 

  3. Stamp Duty:
    • Think of this as a legal fee for making the trade official.
    • It varies by state, just like stamp paper costs differ in each state.

  4. SEBI Fees: 0.00010%

  5. GST (Goods and Services Tax): 18%

  6. DP (Depository Participant) Charges:
    • Cost: 0.025% or ₹20, whichever is higher.

  7. Commodity Transaction Tax (CTT):

    Futures Contracts: Rs. 2.10 per lakh of turnover value
    Options Contracts: Rs. 41.80 per lakh of premium turnover value