PER ORDER Vs PER LOT brokerage

Which one is better?

Read the thread to know why one is clearly better than the other.

A THREAD ...

Too many people are getting scammed into per lot broking. There are offers anywhere between 6 rs per lot to 25 rs per lot. It's financial suicide to opt for this kind of broker compared to the per order ones.

Let's have a look at why PER ORDER is OBVIOUSLY the better choice.

1. How many lots do you sell at a time?

The majority of the people must be at least selling 2-3 lots in one go. (Assumption)

Per lot brokerage (10 rs per lot) you'll be charged 30 rs buy-side and 30 rs sell-side (as we sold 3 lots), overall 60 rs plus other charges.

Under per order, you'll only be charged 20 +20 = 40 rs overall. (This can be further reduced to 20 rs, check the 5th point to know how)

2. What's your capital?

If your capital is 10 lakh and above it mathematically makes no sense to opt for per lot unless you are selling 1 lot at a time or punching many orders a day.

(Constantly adjusting)