Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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70.93% 9,185,024 Clients
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Groww is an online discount broker with a simple pricing model. It offers a fixed, flat-fee brokerage plan to its customers. The maximum brokerage charged by the stockbroker is Rs 20 per order and the lowest brokerage charged is 0.05% of the transaction value. In addition to the brokerage, an investor also needs to pay various other transaction and regulatory charges, Demat charges over and above the brokerage.
Groww has an online brokerage calculator that helps you calculate the total cost of trading. The Groww brokerage calculator displays the exact amount of brokerage and other charges like STT, exchange transaction charges, SEBI charges, GST, and Stamp duty that you pay on your stock transactions.
Groww offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Groww. Groww fee structure and trading commission rates are explained as below.
To open Groww account you have to pay account opening charges and annual maintenance charges (AMC).
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 (Free) |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 |
| Demat Account Opening Charges (One Time) | Rs 0 |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 |
Customer pays a commission (brokerage) when buying or selling stocks through Groww. The brokerage charges for equity, commodities and currency derivative trading for Groww are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | NA |
| Equity Delivery | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order |
| Currency Futures | NA |
| Currency Options | NA |
| Commodity Futures | NA |
| Commodity Options | NA |
The Demat account transactions are charged separately from the trading commission. Find Groww Demat account charges 2024.
Groww trading and demat account opening charges are Rs 0. Groww charges Rs 0 per year demat account AMC. Groww demat debit transaction charge of Rs ₹8 + ₹5.50 (CDSL Charges) per ISIN per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) | ₹8 + ₹5.50 (CDSL Charges) per ISIN |
| 4 | Annual Maintenance Charges (AMC) | ₹0 (Free) |
| 5 | Demat + Courier charges | ₹150 per certificate + courier charges |
| 6 | Remat | ₹150 per certificate + courier charges |
| 7 | Pledge Creation | ₹20 + ₹12 per request (CDSL Charges) |
| 8 | Pledge Creation Confirmation | |
| 9 | Pledge Invocation | ₹20 |
| 10 | Failed Transactions | ₹50 per ISIN |
| 11 | Other Charges | KYC Modification: ₹50 |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) |
| Currency Futures | |
| Currency Options | (on premium) |
| Commodity | NA |
Groww charges government taxes and fees in addition to the brokerage. These Groww trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Groww tax calculation.
| Tax Groww | Rates |
|---|---|
| |
Exchange Transaction Charges | |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SEBI Charges | 0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Groww is an online discount broker offering low-cost services to its customers. Groww follows a simple pricing model based on the flat fee model. The minimum brokerage charged by Groww is 0.05% of trade value and the maximum brokerage charged is Rs 20 across all segments including Equity Delivery, Intraday and F&O.
An investor has to pay other regulatory and transaction charges like STT, exchange transaction charges, GST, Stamp Duty over and above the brokerage.
| Trading Segment | Brokerage |
|---|---|
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Equity Delivery |
Flat Rs 20 per trade or 0.05% (whichever is lower) |
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Equity Intraday |
Flat Rs 20 per trade or 0.05% (whichever is lower) |
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Equity F&O |
Flat Rs 20 per trade |
Groww is free for mutual fund investments with no transaction charges, no redemption charges, or any other hidden charges.
Groww also offers free account opening with zero maintenance charges. However, investing in stocks through Groww is not free. Groww charges a lower of Rs.20 or 0.05% of trade value towards brokerage for equity trades. An investor is also required to pay Demat charges and other regulatory charges like STT, stamp duty, exchange transaction charges, etc over and above the brokerage.
Groww charges a lower of Rs 20 or 0.05% of trade value as the brokerage for intraday transactions. Groww has a flat fee model charging the same brokerage for Equity Delivery and Intraday trades.
For intraday trades, if the transactions are not squared off by 3.10 PM, Groww initiates auto square off for the open trades, for which it charges a penalty of Rs 50 per position.
No, Groww does not charge any annual maintenance charges for maintaining a Demat account with the broker.
Groww follows a flat fee model. It charges a lower of Rs 20 or 0.05% of trade value as the brokerage for equity trades (intraday and delivery). The minimum brokerage charged by the broker is 0.05% of trade value and the maximum brokerage charged is Rs 20.
For example, if you buy 100 shares of ABC Ltd. at Rs 500, 0.05% of the trade value comes to Rs 25. Since the brokerage charged by Groww is lower of Rs 20 or 0.05%, you are required to pay only Rs 20 as the brokerage for this transaction.
Let's take a second example wherein you sell 100 shares of XYZ Ltd. at Rs 50, 0.05% of trade value comes to Rs 2.5, thus in this case you are required to pay only Rs 2.5 as brokerage as it is lower than Rs 20.
Groww does not charge any fees for the withdrawal of funds from Groww balance or for the redemption of mutual funds. However, sometimes in case of redemption, some funds may have an exit load that may get deducted from your redemption amount.
Groww offers commission-free mutual fund investments and charges flat Rs 20 per trade brokerage for Equity and F&O.
|
Head |
Charges |
|---|---|
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Account Opening |
Free |
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Mutual Funds Investment |
Free |
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Demat AMC |
Free |
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Brokerage (Equity Delivery) |
Lower of Rs 20 per trade or 0.05% |
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Brokerage (Equity F&O) |
Rs 20 per trade |
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Demat Debit Charges |
Rs 13.5 per ISIN |
|
Auto Square Off Charges |
Rs 50 per squared off position |
Groww charges a lower of Rs. 20 or 0.05% of the trade value for Equity Delivery and Intraday trades and Rs 20 per executed order as the brokerage for F&O.
Apart from brokerage, an investor also has to pay other DP charges and regulatory charges like STT, stamp duty, exchange transaction charges, and SEBI Fees while trading with Groww.
Groww provides commission-free Mutual fund investments and offers free account opening with zero maintenance charges.
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Information on this page was last updated on Tuesday, October 17, 2023
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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| Link|June 24, 2021 5:01:37 PM
|| Link|June 24, 2021 4:57:26 PM
|| Link|June 12, 2021 11:00:37 AM
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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Is the charge for cancelling OR modifying an order