List of all fees, charges, and taxes on trading and investing (2024)

List of all charges and taxes

List of all fees, charges, and taxes on trading and investing (1)

Free equity delivery

All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.

List of all fees, charges, and taxes on trading and investing (2)

Intraday and F&O trades

Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades. Flat ₹20 on all option trades.

List of all fees, charges, and taxes on trading and investing (3)

Free direct MF

All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges.

Equity

Equity delivery Equity intraday F&O - Futures F&O - Options
Brokerage Zero Brokerage 0.03% or Rs. 20/executed order whichever is lower 0.03% or Rs. 20/executed order whichever is lower Flat Rs. 20 per executed order
STT/CTT 0.1% on buy & sell 0.025% on the sell side 0.0125% on the sell side
  • 0.125% of the intrinsic value on options that are bought and exercised
  • 0.0625% on sell side (on premium)
Transaction charges NSE: 0.00322%
BSE: 0.00375%
NSE: 0.00322%
BSE: 0.00375%
NSE: 0.00188%
BSE: 0
NSE: 0.0495% (on premium)
BSE: 0.005% (on premium)
GST 18% on (brokerage + SEBI charges + transaction charges) 18% on (brokerage + SEBI charges + transaction charges) 18% on (brokerage + SEBI charges + transaction charges) 18% on (brokerage + SEBI charges + transaction charges)
SEBI charges ₹10 / crore ₹10 / crore ₹10 / crore ₹10 / crore
Stamp charges 0.015% or ₹1500 / crore on buy side 0.003% or ₹300 / crore on buy side 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side

F&O

F&O - Futures F&O - Options
Brokerage 0.03% or Rs. 20/executed order whichever is lower Flat Rs. 20 per executed order
STT/CTT 0.0125% on the sell side
  • 0.125% of the intrinsic value on options that are bought and exercised
  • 0.0625% on sell side (on premium)
Transaction charges NSE: 0.0019%
BSE: 0
NSE: 0.05% (on premium)
BSE: 0.005% (on premium)
GST 18% on (brokerage + SEBI charges + transaction charges) 18% on (brokerage + SEBI charges + transaction charges)
SEBI charges ₹10 / crore ₹10 / crore
Stamp charges 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side

Currency

Currency futures Currency options
Brokerage 0.03% or ₹ 20/executed order whichever is lower ₹ 20/executed order
STT/CTT No STT No STT
Transaction charges NSE:
Exchange txn charge: 0.0009%
BSE:
Exchange txn charge: 0.0009%
NSE:
Exchange txn charge: 0.035%
BSE:
Exchange txn charge: 0.001%
GST 18% on (brokerage + SEBI charges + transaction charges) 18% on (brokerage + SEBI charges + transaction charges)
SEBI charges ₹10 / crore ₹10 / crore
Stamp charges 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side

Commodity

Commodity futures Commodity options
Brokerage 0.03% or Rs. 20/executed order whichever is lower ₹ 20/executed order
STT/CTT 0.01% on sell side (Non-Agri) 0.05% on sell side
Transaction charges Group A
Exchange txn charge: 0.0026%
Group B:
Exchange txn charge:
CASTORSEED - 0.0005%
KAPAS - 0.0026%
PEPPER - 0.00005%
RBDPMOLEIN - 0.001%
Exchange txn charge: 0.05%
GST 18% on (brokerage + SEBI charges + transaction charges) 18% on (brokerage + SEBI charges + transaction charges)
SEBI charges Agri:
₹1 / crore
Non-agri:
₹10 / crore
₹10 / crore
Stamp charges 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side

Calculate your costs upfront using our brokerage calculator

Charges explained

Securities/Commodities transaction tax

Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.

When trading at Zerodha, STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.

Transaction/Turnover Charges

Charged by exchanges (NSE, BSE, MCX) on the value of your transactions.

BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to ₹10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)

BSE has revised transaction charges in SS and ST groups to ₹1,00,000 per crore of gross turnover.

BSE has revised transaction charges for group A, B and other non exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at ₹375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.

Call & trade

Additional charges of ₹50 per order for orders placed through a dealer at Zerodha including auto square off orders.

Stamp charges

Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.

NRI brokerage charges

  • ₹100 per order for futures and options.
  • For a non-PIS account, 0.5% or ₹100 per executed order for equity (whichever is lower).
  • For a PIS account, 0.5% or ₹200 per executed order for equity (whichever is lower).
  • ₹500 + GST as yearly account maintenance charges (AMC) charges.

Account with debit balance

If the account is in debit balance, any order placed will be charged ₹40 per executed order instead of ₹20 per executed order.

Charges for Investor's Protection Fund Trust (IPFT) by NSE

  • Equity and Futures - ₹10 per crore + GST of the traded value.
  • Options - ₹50 per crore + GST traded value (premium value).
  • Currency - ₹0.05 per lakh + GST of turnover for Futures and ₹2 per lakh + GST of premium for Options.

GST

Tax levied by the government on the services rendered. 18% of ( brokerage + SEBI charges + transaction charges)

SEBI Charges

Charged at ₹10 per crore + GST by Securities and Exchange Board of India for regulating the markets.

DP (Depository participant) charges

₹13.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Zerodha).

Pledging charges

₹30 + GST per pledge request.

AMC (Account maintenance charges)

For BSDA demat account- Zero charges if the holding value is less than ₹50,000. To learn more about BSDA, Click here

For non-BSDA demat accounts: ₹300/year + 18% GST charged quarterly (90 days). To learn more about AMC, Click here

Corporate action order charges

₹20 plus GST will be charged for OFS / buyback / takeover / delisting orders placed through Console.

Off-market transfer charges

₹25 or 0.03% of the transfer value (whichever is higher).

Physical CMR request

First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests.

Payment gateway charges

₹9 + GST (Not levied on transfers done via UPI)

Delayed Payment Charges

Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account. Learn more.

Disclaimer

For Delivery based trades, a minimum of ₹0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹20 per contract note plus courier charges. Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage. A brokerage of 0.25% of the contract value will be charged for contracts where physical delivery happens. For netted off positions in physically settled contracts, a brokerage of 0.1% will be charged.

Charges for account opening

Type of account Charges
Online account ₹ 200
Offline account ₹ 500
NRI account (offline only) ₹ 500
Partnership, LLP, HUF, or Corporate accounts (offline only) ₹ 500

Charges for optional value added services

Service Billing Frquency Charges
Tickertape Monthly / Annual Free: 0 | Pro: 249/2399
Smallcase Per transaction Buy & Invest More: 100 | SIP: 10
Streak Monthly Regular: 690 + GST | Ultimate: 1400 + GST
Kite Connect Monthly Connect: 2000 | Historical: 2000
List of all fees, charges, and taxes on trading and investing (2024)

FAQs

What are the charges associated with trading? ›

The stock exchange levies transaction charges for buying and selling of shares at the rate decided by the respective stock exchange. SEBI charges a turnover fee of 0.0002% of the transaction amount. These charges are levied by the depository participant (NSDL/CDSL) for safe keeping of the securities of the investor.

What are the costs of trading? ›

Trading costs comprise explicit costs and implicit costs. Explicit costs are the direct costs of trading, such as brokerage charges, taxes, stamp duties, and fees paid to the exchanges. The trader may be given a receipt for such costs. Implicit costs are indirect trading costs.

What are trading fees? ›

The best way to think of trading fees is as a premium you pay for investment services. Trading fees apply when you want to buy or sell shares of a specific investment. Also called a commission, this fee is paid to the broker in exchange for helping to facilitate the trade through the platform.

What fees are involved in buying and selling stock? ›

Most full-service brokers charge 1% to 2% of the total purchase price, a flat fee, or a combination of both, for stock purchases. They offer investors financial planning and investing advice as well as making transactions for clients.

How much does Fidelity charge per trade? ›

$0.00 commission applies to online U.S. equity trades, exchange-traded funds (ETFs) and options (+ $ 0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal).

What are the four types of fees that you might be charged by a broker? ›

Yes, investors may encounter additional fees besides commission when engaging with brokerage firms. These fees can include inactivity fees, account maintenance fees, fund fees, research fees, and AUM fees.

What are the 5 costs of trade? ›

A broad definition of trade costs includes policy barriers (tariffs and non-tariff barriers), transportation costs (freight and time costs) as well as communication costs and other information costs, enforcement costs, exchange rate costs, legal and regulatory costs and local distribution costs.

Who has the cheapest trading fees? ›

NerdWallet's Best Discount Brokers of May 2024
  • Charles Schwab.
  • Fidelity.
  • Interactive Brokers IBKR Lite.
  • Robinhood.
  • J.P. Morgan Self-Directed Investing.
  • Webull.
  • E*TRADE.
  • SoFi Active Investing.
May 1, 2024

Are trading fees taxed? ›

The IRS does not allow you to write off transaction fees, such as brokerage fees and commissions, when you buy or sell stocks. Instead, you can add the amount of those fees to the purchase price of your stock. The purchase price plus the cost to acquire your stock equals your cost basis.

What are commissions and fees? ›

A commission is a percentage of the total transaction amount that is paid to the broker as compensation for their services. For example, if you're buying stock, the commission would be a percentage of the total purchase price. On the other hand, a fee is a flat rate that is charged for services rendered.

What are minimum brokerage charges? ›

Minimum Brokerage Amount (Full-service)
BrokerMinimum BrokerageAcct Opening Fee
ICICIdirectRs 35 per trade (I-Secure Plan)Rs 0 (Free)
Kotak SecuritiesRs 21 per executed orderRs 99
HDFC SecuritiesRs. 25 per order on equity segmentRs 999
Motilal OswalRs 25 for DeliveryRs 0 (Free)
6 more rows

How much does Charles Schwab charge per trade? ›

Online listed stock and ETF trades at Schwab are commission-free. Online options trades are $0.65 per contract. Service charges apply for automated phone trades ($5) and broker-assisted trades ($25) for stocks, ETFs, and Options.

References

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