Transaction Charges Comparison - India Share Brokers

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

Exchange Transaction Charges Rates

Broker Equity Intraday Equity Delivery Equity Futures Equity Options Currency Futures Currency Options Commodity Request Callback Review
ZerodhaNSE 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 Zerodha Review
UpstoxNSE 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 Upstox Review
Angel BrokingNSE 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 Angel Broking Review
ICICI DirectNSE 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 ICICI Direct Review
GrowwNSE 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)NANANANANAOpen AccountGroww Review
5paisaRs 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 5paisa Review
HDFC Securities0.00325%0.00325%.00190%0.050% (on premium)0.00110%0.040% (on premium)NAOpen AccountHDFC Securities Review
Kotak SecuritiesNSE: 0.00325%, BSE: 0.00325%NSE: 0.00325%, BSE: 0.00325%NSE: 0.0019%NSE: 0.05% on PremiumNSE: 0.0009%, BSE: 0.00022%NSE: 0.035%, BSE: 0.001%MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%Open AccountKotak Securities Review
Motilal OswalNSE 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 AccountMotilal Oswal Review
AxisDirectNSE 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 AccountAxisDirect Review
SBI SecuritiesNSE: 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 AccountSBI Securities Review
IIFL SecuritiesRs 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 IIFL Securities Review
SharekhanNSE 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 AccountSharekhan Review
GeojitRs 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 premiumNAOpen AccountGeojit Review
EdelweissNSE 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 Edelweiss Review
SMC Global0.0035%0.0035%0.0029%0.065% (on premium)0.0029%0.065% (on premium)0.0030%Open AccountSMC Global Review
Alice BlueNSE 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 Alice Blue Review
Paytm MoneyNSE 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)Rs 190 per Cr (0.0019%)Rs 5,000 per Cr (0.05%)Open AccountPaytm Money Review
Religare0.0037%0.0037%0.004%0.06% on Premium0.004%0.06% on Premium0.0035%Open AccountReligare Review
Reliance Securities0.0035%0.0035%0.0033%0.063% on premiumNAOpen AccountReliance Securities Review

Exchange Transaction Charges NSE, BSE and MCX

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.


Exchange Transaction Charges Zerodha, Sharekhan and Angel Broking

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.


Exchange Transaction Charges for Intraday, NSE Futures

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.

Exchange Transaction Charges Calculation

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.

More Information about Transaction Charges:

Contact Note with Exchange Transaction Fees (Turnover Charges)

 

Zerodha Contract Note Sample

 


1 Comments

SHEKHER JAIPURIAR
1. SHEKHER JAIPURIAR  Jul 5, 2020 15:40 I Like It. | Report Abuse Reply
If I purchase nifty future 1000, suppose nifty is at 10000,
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








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