Does online share brokers charge for modifying or cancelling placed orders (i use reliance money) ??

i use reliance money and please if anybody tell me that if they charge rs.12 for each transaction intraday as well as delivery.

Does online share brokers charge for modifying or cancelling placed orders (i use reliance money) ??
Transaction cost differs from brokers to brokers.





I don't have account with Reliance Money





from your question I can understand they charge you very low (in comparison with other brokers).





for all executed orders all brokers charge the transaction charge.





once your order is executed, you cannot cancel the order. the alternative is to reverse the transaction (had you purchased - you should give order to sell - next is had you bought - then you should give against order to sell. - in such cases you have to pay two transaction cost - as per normal practices of any Brokers).





any way you have a very competitive rate/transaction cost - less than that you may not be work with.
Reply:once a trade gets executed you will be charged.





till the time its not executed its safe.
Reply:Generally not. Most of the online broking systems will charge you only for the trades executed. This means that the order placement, modification and cancelling will not be charged.
Reply:Ask your share broker.