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Transaction Fee is changed by Share Brokers in India for trades executed at stock exchanges (BSE, NSE, MCX). Also known as turnover fee, transaction fee is usually combination of Exchange Turnover Charges and Clearing Charges.
Transaction fee is charged for trading segments including equity (intraday, delivery, F&O), Currency Derivatives and Commodities.
To know more visit Transaction Charges by Brokers in India - Explained with Examples
| Broker | Equity Intraday | Equity Delivery | Equity Futures | Equity Options | Currency Futures | Currency Options | Commodity | Request Callback | Review |
|---|---|---|---|---|---|---|---|---|---|
| Zerodha | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 200 per Cr (0.002%) | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | Group A - Rs 260 per Cr (0.0026%) | Open Account  |  |
| Upstox | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 200 per Cr (0.002%) | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%) | NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium) | Group A - Rs 290 per Cr (0.0029%) | Open Account | |
| Angel Broking | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) | Rs 190 per Cr (0.0019%) | NSE Rs 5000 per Cr (0.05%)(on premium) | MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) | Open Account | |
| Groww | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NA | NA | NA | NA | NA | Open Account | |
| ICICIdirect | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | Rs 180 per Cr (0.0018%) | Rs 5000 per Cr (0.05%) (on premium) | Rs 120 per Cr (0.0012%) | Rs 5000 per Cr (0.05%) (on premium) | Group A - Rs 260 per Cr (0.0026%) | Open Account | |
| 5paisa | Rs 325 per crore (0.00325%) | Rs 325 per crore (0.00325%) | Rs 190 per crore (0.0019%) | Rs 5000 per crore (0.05%) (on premium) | Rs 190 per crore (0.0019%) | Rs 5000 per crore (0.05%) (on premium) | Grp A: 0.0026% | Open Account | |
| Kotak Securities | NSE: 0.00325%, BSE: 0.00325% | NSE: 0.00325%, BSE: 0.00325% | NSE: 0.0019% | NSE: 0.05% on Premium | NSE: 0.0009%, BSE: 0.00022% | NSE: 0.035%, BSE: 0.001% | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Open Account | |
| HDFC Securities | 0.00325% | 0.00325% | .00190% | 0.050% (on premium) | 0.00110% | 0.040% (on premium) | NA | Open Account | |
| IIFL Securities | Rs 325 per Cr (0.00325%) | Rs 325 per Cr (0.00325%) | Rs 210 per Cr (0.0021%) | Rs 5100 per Cr (0.051%) (on premium) | Rs 210 per Cr (0.0021%) | Rs 5100 per Cr (0.051%) (on premium) | Group A - Rs 280 per Cr (0.0028%) | Open Account | |
| Motilal Oswal | NSE Rs 325 per Cr (0.00325%) | BSE Rs 200 per Cr (0.002%) (each side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 1000 per Cr (0.01%) (each side) | Rs 200 per Cr (0.002%) | NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium) | Rs 125 per Cr (0.00125%) | Rs 4200 per Cr (0.042%)(on premium) | MCX: Rs 250 per Cr (0.0025%) | Open Account | |
| SBI Securities | NSE: 0.00386% | BSE: 0.00384% | NSE: 0.00386% | BSE: 0.00384% | NSE: 0.002206% (Rs 221/Crore) | NSE: 0.05515% (Rs 5515/Crore) | 0.002206% | NSE: 0.05515% (Rs 5515/Crore) | Open Account | | |
| AxisDirect | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) | Rs 190 per Cr (0.0019%) | Rs 5000 per Cr (0.05%) (on premium) | Open Account | | |
| Sharekhan | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) | NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) | NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) | MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) | Open Account | |
| Paytm Money | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 200 per Cr (0.002%) | Rs 5,300 per Cr (0.053%) on premium | Open Account | | |||
| Geojit | Rs 325 per Cr (0.00325%) | Rs 325 per Cr (0.00325%) | Rs 210 per Cr (0.0021%) | Rs 5500 per Cr (0.05%) | Rs 145 per Cr (0.00145%) | Rs 4730 per Cr (0.0473%) on premium | NA | Open Account | |
| Edelweiss | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) | NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) | Rs 4000 per Cr (0.04%) (on premium) | Open Account | | |
| Religare | 0.0037% | 0.0037% | 0.004% | 0.06% on Premium | 0.004% | 0.06% on Premium | 0.0035% | Open Account | |
| SMC Global | 0.0035% | 0.0035% | 0.0029% | 0.065% (on premium) | 0.0029% | 0.065% (on premium) | 0.0030% | Open Account | |
| Choice Broking | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade | NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade | NSE Rs 240 per crore (0.0024%) | NSE Rs 5000 per crore (0.05%) | NSE Rs 90 per crore (0.0009%) | NSE Rs 4000 per crore (0.04%) | Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%) | Open Account | |
| Alice Blue | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) | NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) | NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) | NSE Rs 135 per Cr (0.00135%) | NSE Rs 4400 per Cr (0.044%) (on premium) | Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) | Open Account | |
Also known as Exchange Turnover Fee, it is usually a combination of Exchange Turnover Charges and Clearing Charges. Though exchange has standard fees, each broker charges a different transaction fee as some include clearing charges while others do not. The clearing charge varies by broker to broker.
NSE, BSE and MCX Exchanges keep revising the transition charges from time to time. They also offer rewards to stock brokers to boost the volume in certain segments for a limited time.
Each broker charges a different transaction charge. The above report provides the detail of how much each broker including Zerodha, Sharekhan and Angel Broking charges.
Self-clearing stock brokers like Zerodha, ICICI Direct and ProStock offer cheapest transaction fee as they do not add any clearing charges. In this case, the customer pays the actual exchange turnover fee.
The transaction fee is applicable for all trading segments including equity (intraday, delivery, F&O), Currency Derivatives and Commodities.
This is the major source of earning for stock exchanges in India.
The exchange transaction charge is calculated on the transaction value of the trade. For example, if you buy shares worth of Rs 1,00,000 in equity delivery transaction, you pay Rs 3.35 (0.0035%) Exchange txn charge in addition to the brokerage and other taxes.
Then I think I have to invest only 10 lakh,
whereas its value will be one crore
Then what is brokerage distribution.( Intraday)
Is it within 1000 or within 2000
Or
If it is sold in five steps or five parties
Then cumulative all total brokerage will be within one or two or three thousand