This isn’t a question about why we have 20 rupees brokerage or such high brokerage.
I am placing an order, if that order executes I pay ₹20 per order to broker. If I cancel, or the order gets rejected, the brokerage is not charged while the broker system is consumed for such resources. Why is that?
Also, just an open discussion, in intraday why both transaction sides, BUY and SELL brokerage is required? If someone is buying(or selling) they have to exit right, so why double charge? I know it’s industry standard but this is nonsense.
Could be to divide the charges by halve between buyer and seller. But 40/- per trade is so so high.