How much does a broker charge in India?
Minimum Brokerage Amount (Full-service)
Broker | Minimum Brokerage | Acct Opening Fee |
---|---|---|
ICICIdirect | Rs 35 per trade (I-Secure Plan) | Rs 0 (Free) |
Kotak Securities | Rs 21 per executed order | Rs 0 (Free) |
HDFC Securities | Rs 25 plus taxes | Rs 999 |
Motilal Oswal | Rs 25 for Delivery and Rs 12 for Intraday | Rs 0 |
How much do stock brokers charge per trade in India?
In general, a full-service broker charges a brokerage between 0.03% – 0.60% of the transaction volume while trading in stocks. On the other hand, the discount brokers charge a flat fee (fixed rate of Rs 10 or Rs 20 per trade) on intraday. The majority of discount brokers also do not charge any fee on delivery trading.
How much do online brokerage firms charge per trade?
In terms of what all this costs, online trading fees can range from a few dollars to as much as $20 per trade, depending on the brokerage. These fees can be associated with stocks, mutual funds or ETFs. The typical industry standard fee for options trading is $0.65 to $1 per contract.
Who is best broker for online trading in India?
Top 10 Stock Brokers in India – Review of Best Stock broker in India 2021
Rank | Broking House | Overall Rating |
---|---|---|
1 | ALICE BLUE | 9.85 / 10 |
2 | Zerodha | 9.82 / 10 |
3 | Angel Broking | 9.61 / 10 |
4 | Upstox | 9.53 / 10 |
What is Zerodha stamp charges?
Stamp charges. 0.015% or ₹1500 / crore on buy side. 0.003% or ₹300 / crore on buy side. 0.002% or ₹200 / crore on buy side. 0.003% or ₹300 / crore on buy side.
Does Zerodha take brokerage?
Zerodha offers truly brokerage free equity delivery trading and Mutual Fund investment. But it charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage fee for trading in Intraday and F&O across Equity, Currency and Commodity segments.
What is Zerodha brokerage charges?
Equity
Zerodha charges | Equity delivery | Equity futures |
---|---|---|
Brokerage | Zero Brokerage | 0.03% or Rs. 20/executed order whichever is lower |
STT/CTT | 0.1% on buy & sell | 0.01% on sell side |
Transaction charges | NSE: 0.00345% BSE: 0.00345% | NSE: 0.002% |
GST | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
Does Zerodha charge monthly?
Does Zerodha have annual charges? Yes, Zerodha charge Rs 300 per year Demat Account AMC (Annual maintenance charges) fees. This fee is charged quarterly (i.e. Rs 75 every quarter). Except this Zerodha doesn’t have any annual charges or minimum balance requirements.
What is DP charges Zerodha?
DP Charges are levied by the Depository (CDSL) and the Depository Participant (Zerodha Broking Ltd) at Rs. 13.5 (+ 18% GST) per day per scrip(stock) for the stocks sold from your holdings. The stock will be moved out of your DEMAT account on the day you place your sell order.
Will Zerodha reduce brokerage?
No, we charge the same fixed rates for all our clients.