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Broker's charge, which is different for delivery and intraday.
Published by The Retail Trader · JUL 31, 2026 · Risk Management
Brokerage — Broker's charge, which is different for delivery and intraday.
This term comes under Risk Management, in the section "Calculation of COST". Cost is also a type of risk, because it is charged on every trade – not profit:
Other terms in this group — understanding them together is more useful:
• STT (Securities Transaction Tax)
• Exchange Transaction Charges
• GST and Stamp Duty
• DP Charges
• Total Round-Trip Cost
• Slippage Cost
• Overtrading Cost
To read the entire group and all its examples at one place, see the journal "RISK MANAGEMENT: DICTIONARY OF AVOIDANCE" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.