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What is the rate of brokerage in commodities?

April 26, 2017brokerage Commodities rate

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What is the rate of brokerage in commodities?

1 Answer

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The brokerage is expected to be 0.25% of the transaction value. The brokerage will be different for different commodities. It will also differ based on trading transactions and delivery transactions. In case of a contract resulting in delivery the brokerage is expected to be 1% of the contract value. The brokerage cannot exceed the maximum limit specified by the exchanges.