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How does Espresso Sharekhan charge brokerage?

Espresso pricing model offers free delivery trading and charges a fixed brokerage of Rs. 20 per order across all segments including equity intraday, derivatives, commodity, and currency. The most exciting feature of Espresso brokerage model is that you have to pay brokerage only when your trade is profitable otherwise the brokerage will be NIL. Espresso Sharekhan matches every buy and sell trade orders for the same stock or contract to check whether the trade was profitable or not. If it results in profit then you will be charged with the applicable brokerage fee of Max Rs. 20 per order while in loss, you have to pay zero brokerage. If you’ve placed multiple Buy or Sell orders for the same stock or contract, the average buy or sell price will be considered to calculate the profit or loss.

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