Broker charges compared
What each broker charges you, segment by segment. Government and exchange charges (STT, stamp duty, exchange fees) are the same at every broker and are listed separately below.
Last verified: from each broker's official rate card.
Brokerage per executed order
| Broker | Delivery | Intraday | Futures | Options | DP charge (per stock sold) | AMC | Open account |
|---|
“0.03% / ₹20” means 0.03% of the order value or ₹20, whichever is lower. *Approximate. Confirm on the broker's site.
Who is cheapest for what?
Long-term investors (delivery)
Brokers with ₹0 delivery brokerage (Zerodha, Dhan) are cheapest for buying and holding. Watch the DP charge on every sale and the yearly AMC.
Intraday traders
On small orders, brokers charging 0.03% (Zerodha, Dhan, Fyers) can be cheaper than a flat ₹20. On large orders almost everyone hits the ₹20 cap.
Options traders
Brokerage is a flat ₹20 nearly everywhere, so STT and exchange charges dominate. Choose on platform quality, not brokerage.
Charges that are the same at every broker
| Charge | Delivery | Intraday | Futures | Options |
|---|---|---|---|---|
| STT | 0.1% buy & sell | 0.025% sell | 0.05% sell | 0.15% sell (on premium) |
| NSE transaction | 0.00307% | 0.00307% | 0.00183% | 0.03553% (on premium) |
| Stamp duty | 0.015% buy | 0.003% buy | 0.002% buy | 0.003% buy |
| SEBI fee | ₹10 per crore of turnover | |||
| GST | 18% on brokerage + exchange + SEBI charges | |||