How much Broker commission in Nepal ? Broker commission declined by 10 percent

May Tue 2024 02:29:04

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How much Broker commission in Nepal ?  Broker commission declined by 10 percent

Kathmandu. The broker commission applicable to equity shares in Nepal ranges from 0.40 to 0.27. This commission structure is contingent upon the trading amount. Specifically, as the trading amount increases, the corresponding broker commission decreases; conversely, a decrease in the trading amount results in a higher broker commission.

The broker commission applicable to equity shares in Nepal ranges from 0.40 to 0.27. This commission structure is contingent upon the trading amount.

A government bond constitutes a financial instrument primarily dispensed by the nation's central bank to sustain fiscal requirements. In relative terms, government bonds are preeminent low-risk investment avenues for discerning investors. However, it is noteworthy that the remuneration extended to bondholders in the form of interest is rather conservative.

In addition to the previously delineated broker charge, investors are obliged to remit a transaction fee of 0.015% of the trading amount to the Securities Board of Nepal (SEBON). Furthermore, an ancillary fee of Rs. 5 per transaction, applicable to the buying aspect, is levied for name transfer. An additional fee of Rs. 25 is directed towards the Depository Participant (DP) as compensation for transactional facilitation.

Broker commission declined by 10 percent effective from 2080 Jestha 01

The Securities Board has reduced the service fee (commission) charged by securities brokers by 10 percent. The board informed that the board meeting held on Sunday reduced the commission effective from 1st May.

In June 2080, the then chairman of the board, Ramesh Kumar Hamal, formed a committee to reduce broker commission. The committee, which was chaired by Muktinath Shrestha, executive director of the board, proposed to reduce broker commission by 10 percent. The proposal was submitted to the Ministry of Finance. In the first week of last Baisakh, Finance Minister Barshman Pun instructed the Securities Board to reduce the broker commission through a ministerial decision.