What is per trade in stocks?

"Per trade" in stocks typically refers to fees or charges applied to each transaction, i.e., each time a stock is bought or sold. It's a pricing model used by some brokers.

Here's what it can mean in different contexts:

1. Brokerage Fee Model

Some brokers charge a flat fee per trade, regardless of the trade size.

• Example: A broker charges ₹20 per trade. Whether you buy one share or 1,000 shares, you'll pay ₹20 each time you execute a buy or sell order.
  
  

This is in contrast to a percentage-based model, where the fee is a certain percentage of the trade value.

1. Trade Execution

"Per trade" can also refer to each instance of a trade.

• For example, if someone says, "I make five trades per day," it means five buy or sell actions in a day.
• Alternatively, if a strategy involves two trades per setup (one entry and one exit), it may be referred to as “two trades per cycle.”

1. Charges Beyond Brokerage

Some platforms charge other fees per trade, too:

• STT (Securities Transaction Tax)
• Transaction Charges
• GST
• SEBI Fees
• Stamp Duty