Discount Broking schemes for Resident Indians

 If you are an NRI click here to see the detailed charges applicable for NRI's


A: BROKERAGE


Segment 
Flat Zero brokerage SchemeFlexi Scheme
Equity Delivery
0% Brokerage0% Brokerge
Equity Intra-day
NALower of Rs. 9 per traded order or 0.01%
Equity FuturesRs. 799 per monthRs. 9 per traded order
Equity OptionsRs. 99 per monthRs. 9 per traded order
Currency Futures & options
Rs. 99 per monthRs. 9 per traded order
Commodity Futures & OptionsRs. 99 per monthRs. 9 per traded order


Note:

1) The above rates applicable for only Direct Online Trading Clients. There will be no RM support. 

2) GST applicable at prevailing rates
3) Refund is not applicable where the account has already received 5 consecutive refunds.


B : Statutory, Regulatory Charges/Transaction charges


Segment
STT /CTT Description
STT/CTT
Transaction charges*
Equity Cash
Intra Day - Sale side
0.025%
NSE: 0.00325%
BSE: ₹ 1.50 each on buy trade & sell trade on Group A, B and other non-exclusive scrips.For BSE detailed transaction charges click here
Delivery - Purchase & Sale
0.10%
Equity Futures
Sale of Futures
0.01%
Exchange charge: 0.0019%
Clearing charge: 0.0016%
Equity Options
Sale of Options Premium
0.05%
Exchange charge: 0.05%
Clearing charge: 0.025%
On Expiry - Exercise Trade on Intrinsic Value*
0.125%
Currency Futures

NA
Exchange charge: 0.0009%
Clearing charge: 0.0005%
Currency Options

NA
Exchange charge: 0.04%
Clearing charge: 0.02%
Commodity Futures
Sale of Futures
0.01%Exchange charge: 0.0026%
Clearing charge: 0.0014%
Commodity Options
Sale of Options Premium
0.05%
Exchange charge: 0
Clearing charge: 0.05%
On Expiry - Exercise Trade
0.0125%
Same as above


SEBI charges is 0.001% on Turnover.

* Transaction charges subject to change based on exchange rate card and clearing member rate card.

* Intrinsic value is the difference betwern the settlement price and strike price of Option 


C) Account Opening Fee and AMC: (exclusive of GST)


DescriptionAmount in Rs.
Trading Account Opening Fee
200
Demat Account Opening Fee
NIL
DEMAT AMC: (for 2 in 1 account) 

Annual (1st year FREE)
200
Life Time AMC (5 Yrs)
500
Life Time AMC (10 Yrs)
900
DEMAT AMC: (for only DP account )
Annual1000


D: Other Charges:


Stamp Charges
As per state of residence. Click here for details
GST
18% on brokerage and all charges
SMS Charges
Rs.100/- per month *+ GST
Call N Trade Charges
Rs.75/- per day +GST (Applicable also on Admin Square off orders for Margin Shortfall / Debits / MIS positions)
Pay-in Charges
Atom / Bill desk Payment Gateway (PG) - Rs.9/- + GST  per transaction. UPI PG - Free
Cheque Payments / RTGS / NEFT / IMPS - Rs.15/- + GST per instrument
Physical Contract Note postage charges
Rs.50 +GST  per day
Mobile number and email ID changes
Rs. 50 + GST per request
Address and Bank detail changes
Rs. 100 + GST per request


* Monthly SMS charge of Rs.99 is applicable only if you are subscribed to any one of the Zero Brokerage monthly Plans and if there is any trade in the account during the month. Trading in Equity cash segment and flexi brokerage plan of Rs.9 per trade does not attract SMS charges. 

 

E: Platform Fees:


Platform 
Segments
Modes
Charges
NEAT ON WEB (NOW) 
Cash, F&O and Currency
EXE & Mobile Platform
FREE
INFINI TRADING SOLUTIONS (ITS)
Cash, F&O, Currency & Commodity
EXE, WEB and Mobile
Monthly Plan - Rs.499/- per month
Yearly Plan - Rs.2999/- p.a. (effective Rate Rs. 250 per month
INFINI MF 
Mutual Fund  - BSE Star
WEB & Mobile
Direct Funds - Free
Regular Funds - Free

F: Margin Trade Funding (MTF):


Interest Rate
2% per month


G: Depository Transaction Charges:


Depository transaction charges are levied by the Depository (NSDL/CDSL) and depository participant (Navia Markets Ltd.) These charges are only levied when you sell your shares through us from your DP account with us. The charges are  0.02% of transaction value, subject to a minimum of ₹15  & maximum of ₹ 200 per transaction. There are so also other Depository related charges for one off activities like demating / Pledging / Failed transactions etc. For list of complete charges click here.


Charges explained


Securities/Commodities transaction tax


Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O. When trading at Tradeplus STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.


Transaction Charges


Exchange charge includes Exchange transaction charges + Clearing corporation charges. Charged by exchanges (NSE,BSE,MCX) and clearing corporation (NSCCL)

Clearing charge is the amount charged by Clearing member. ICICI bank is the clearing member in Equity and Currency Derivative and Edelweiss is the clearing member in Commodity derivatives for Tradeplus.


Call & trade


Additional charges of ₹20 per order:

A) for orders placed through our support/dealing desk.

B) intraday (MIS/BO*/CO) positions squared off before market closing by our RMS team.


*For Bracket Orders, if the entry order is executed in multiple trades, Stop Loss/Target orders will be placed separately for each trade and all charges including call & trade for auto square-off will be billed per executed order.


Stamp charges


Charged as per the state of the client's correspondence address.


GST


Tax levied by the government on the services rendered. The current GST rate is 18% on all charges.


SEBI Charges


Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.


Disclaimer


Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. These charges not applicable for Companies, Partnerships, Trusts, and HUFs.