Zerodha Brokerage charges and calculator is being explained here with equity and BO.
There are many of such who are doing stock tradings. Do all of us know about the brokerage charges of stock trading.
This article is intended to the provide you the brokerage charges of popular online trading platforms. These are
- Zerodha Brokerage Charges
- ShareKhan Brokerage Charges
- Upstox Brokerage Charges
Online Trading is a very useful for traders who want to work with less hassle of personally trading with a broker. There are so many platforms which helps us to buy and sell stock sharess via online broker.
A brokerage free is a money charged by broker to make transactions for the stock trading. Online broker fee is taken for the purchases , sales , negotiation and delivery.
Understanding Brokerage Fees
Brokerage fee or broker fees is a percentage of transaction or flat fee or hybrid of two. Broker fee varies in multiple platforms.
Zerodha Brokerage Charges
Zerodha is an Indian flat fee share broker company or Pay Per Order Brokerage Company for trading in stock , commodity and currency deriviative. The charge is 0.01% or Rs. 20 per order. This is not dependable to the number of shares or thier prices.
The equity delivery trades are free. The maximum brokerage of your transaction is Rs. 20 for an order. There is no minimum brokerage.
Zerodha Brokerage Charges 2019
Charges to open Zerodha Account
| Trading Account Opening Charges | ₹300 |
| Demat account Opening Charges | ₹100 |
| Trading Annual maintenance charges (AMC) | ₹0 |
| Demat Account Annual Maintenance Charges (AMC) | ₹300 per year (payable upfront) |
Zerodha Brokerage Charges 2019
| Trading Segment | Brokerage Charges |
|---|---|
| Equity Delivery | ₹0 (Free Unlimited Equity Delivery Trades) |
| Equity Intraday | 0.01% or ₹20 per trade whichever is lower |
| Equity Future | 0.01% or ₹20 per trade whichever is lower |
| Equity Options | 0.01% or ₹20 per trade whichever is lower (on Turnover) |
| Currency Futures | 0.01% or ₹20 per trade whichever is lower |
| Currency Options | 0.01% or ₹20 per trade whichever is lower |
| Commodity | 0.01% or ₹20 per trade whichever is lower |
Zerodha Equity Brokerage
| Charge Type | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | ₹0 (No Brokerage) | 0.01% or ₹20/Trade whichever is lower |
| Securities Transaction Tax (STT) | 0.1% on both Buy and Sell | 0.025% on the Sell Side |
| Transaction / Turnover Charges | NSE: 0.00325% | BSE: 0.003% per trade (each side) | NSE: 0.00325% | BSE: 0.003% per trade (each side) |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | ₹15/Crore | ₹15/Crore |
| Stamp Charges* | State wise | State wise |
Zerodha Equity F&O Brokerage
| Charge Type | Equity Futures | Equity Options |
|---|---|---|
| Brokerage | 0.01% or ₹20/Trade whichever is lower | 0.01% or ₹20/Trade whichever is lower |
| Securities Transaction Tax (STT) | 0.01% on Sell Side | 0.05% on Sell Side(on Premium) |
| Transaction / Turnover Charges | NSE: 0.0019% | BSE 0.003% (each side) | NSE 0.05% | BSE 0.003% (each side) (on premium) |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | ₹15/Crore | ₹15/Crore |
| Stamp Charges* | State wise | State wise |
Zerodha Currency F&O Brokerage
| Charge Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | 0.01% or ₹20/Trade whichever is lower | 0.01% or ₹20/Trade whichever is lower |
| Securities Transaction Tax (STT) | No STT | No STT |
| Transaction / Turnover Charges | NSE: 0.0009% | BSE: 0.00022% | NSE: 0.04% | BSE: 0.001% (on premium) |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | ₹15/Crore | ₹15/Crore |
| Stamp Charges* | State wise | State wise |
Zerodha Commodities Brokerage
| Charge Type | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | 0.01% or ₹20 per trade (whichever is lower) | 0.01% or ₹20 per trade (whichever is lower) |
| Securities Transaction Tax (STT) | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Transaction / Turnover Charges | Group A: Exchange txn charge: 0.0026% Group B: Exchange txn charge: Pepper – 0.00005%, Castorseed – 0.0005%, Rbdpmolein – 0.001% | ₹0 |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | ₹15/Crore | ₹15/Crore |
| Stamp Charges* | State wise | State wise |
Fee Structure of Zerodha Charge
- Securities Transaction Tax (STT): This charge is taken only for sell side for Intra-day and F & O Trades. This charge is applicable for both sides in delivery.
- Stamp Duty for all states in India and NRI’s: This charge is based on state where the customer lives. Check Zerodha website to check the stamp duty of your state.
- Goods and Services Tax (GST): This is 18% of total cost of brokerage plus transaction charges.
- SEBI Charges: This is Rs. 15 per Crore.
Zerodha Hidden Fees (Other Charges)
- Charges for Call and Trade feature is available for ₹20 per call.
- Rs 20 is charged for per executed order for MIS/BO/CO which is not shown to customer.
- The digital contract are sent via E-mail. If a customer needs a hard copy , they ask for Rs 20 plus (extra) courier charges.
- SMS alerts are charged for ₹1 for Equity, F&O, Currency trade alerts and ₹0.50 for Commodity trade alerts.
- R.s. 9 is charged for instant payment charges to transfer in over 22 banks per transfer.
- Delivery based equity selling is ₹8 per transaction.
- Other charges are Standard NSE charges, transaction charges and statutory levies.
Zerodha Demat Charges
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | ₹0 |
| 2 | Stamp Charges payable upfront (at actuals) | ₹50 |
| 3 | Annual Maintenance Charges (AMC): | |
| a. Individuals | ₹300 Per Year + GST (Payable upfront every year) | |
| b. Corporates | ₹1000 + GST (Payable upfront every year) | |
| 4 | Transaction Charges per ISIN (Market Trades): | |
| a. Buy (Receive) | ₹0 | |
| b. Sell(Debit) | ₹8 + ₹5.50 flat for every debit transaction | |
| 5 | Inter Depository Transfer (Off-Market Trades): | |
| a. Buy (Receive) | NIL | |
| b. Sell(Debit) | 0.03% or ₹25 whichever is higher | |
| 6 | Demat (Per certificate) | ₹150 |
| 7 | Remat (Per ISIN) | ₹150 (Per certificate) + CDSL Charges |
| 8 | Courier charges per Demat/ Remat request | ₹100 |
| 9 | Pledge per ISIN | ₹20 + ₹12 per request (CDSL Charges) |
| 10 | Unpledge per ISIN | ₹20 + ₹12 per request (CDSL Charges) |
| 11 | Pledge Invocation per ISIN | ₹20 |
| 12 | Periodic Statement: | |
| a. By Email | Free | |
| b. Physical | ₹50 (Couier Charges) | |
| 13 | Adhoc / Non Periodic Statement Requests: | |
| a. By Email | ₹10 per request | |
| b. Physical | ₹50 per request upto 10 pages. Every additional page at ₹5 (+Courier charges at actual) | |
| 14 | Delivery Instructions: | |
| a. First Delivery Instruction Book | Free (10 leaves) | |
| b. Every Additional Booklet | ₹100 (10 leaves) | |
| 15 | Cheque Bounce/ Per cheque | ₹350 |
| 16 | Failed Transactions | ₹50 per ISIN |
| 17 | Modification in CML | ₹25 per request |
| 18 | KRA Upload / Download | ₹50 |
