Per Order

Per Order brokerage refers to a fixed brokerage fee charged by a broker for every order placed, irrespective of the trade value, quantity, or number of trades executed within that order.

This pricing model is commonly used by discount brokers who focus on low-cost, volume-friendly trading, making it attractive for active traders who place multiple trades daily.

Example

Suppose a broker charges Rs 20 per order:

• You buy 10 shares of Reliance at ₹2,500 each (₹25,000 trade value) → Brokerage = ₹20.
• You buy 1,000 shares of the same Reliance at the same price (₹25,00,000 trade value) → Brokerage still = ₹20.
• Even if your order is executed in 5 parts (partial fills), you pay brokerage only once for the order.