How much do brokers charge per trade?

The per-trade charges by brokers can vary depending on the type of broker (discount vs full-service), the trading segment, and the pricing model they follow.

Discount Brokers (like Zerodha, Upstox, Groww, Angel One, etc.)

• Equity Delivery: ₹0 (FREE)
• Equity Intraday, F&O, Currency & Commodities: ₹20 or 0.03% per trade (whichever is lower)

So if you place a trade worth ₹5,000:

• 0.03% of ₹5,000 = ₹1.50
• Since ₹1.50 < ₹20, you’ll be charged ₹1.50

If your trade is ₹1,00,000:

• 0.03% = ₹30 → But you’ll only pay ₹20 (max cap)

Full-Service Brokers (like ICICI Direct, HDFC Securities, Kotak, etc.)

• Typically charge 0.3% to 0.5% for delivery and 0.03% to 0.05% for intraday/F&O
• These are percentage-based fees, not flat per trade

Example:

• Trade value: ₹1,00,000
• 0.3% = ₹300 (much higher than discount brokers)

Other Fees (charged per trade, or part of it):

• STT/CTT: 0.1% on delivery buy/sell, varies for F&O
• Exchange Transaction Charges: Varies per segment
• GST: 18% on brokerage + transaction charges
• SEBI Charges: ₹10 per crore
• Stamp Duty: State-wise, often 0.015% for delivery.