What does zero brokerage mean?

Zero brokerage means that a broker does not charge any commission or fees on certain types of trades. It’s commonly offered by discount brokers to attract more investors.

• No charges on delivery trades (buying and holding shares)
• Sometimes extended to intraday trading or F&O
• Other charges like exchange fees, STT, GST, and SEBI charges still apply
• Ideal for small investors and frequent traders

Example:

If you buy ₹10,000 worth of stocks under zero brokerage, you pay no commission only regulatory charges.