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Brokerage Calculator India – Compare Zerodha, Groww, Upstox, Angel One & More

Instantly compare intraday, delivery and F&O brokerage charges across 8 leading Indian stock brokers. See the exact STT, transaction charges, SEBI fees, stamp duty and GST for every trade, and find out which broker leaves you with the highest net profit — before you place your order.

Aggregated Overview Metrics
Turnover
Min Platform Friction
Max Platform Friction
SEBI Cap Base
Stamp Base
Gross P&L:
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Rank Broker Matrix Execution Profile Brokerage Total Fees Net Return

How to Use This Brokerage Calculator

Comparing brokerage charges across multiple Indian stock brokers manually can take hours and still miss hidden fees. This calculator does it in seconds.

1
Choose Trade Type
Select Intraday, Delivery or F&O (Options), and pick the exchange — NSE or BSE.
2
Enter Trade Details
Input your buy price, sell price and quantity. The calculator updates instantly as you type.
3
Compare & Decide
View every broker ranked by total charges, with a full STT, GST and stamp duty breakdown on tap.

Understanding Brokerage & Trading Charges in India

Every trade you place on the NSE or BSE attracts more than just brokerage. Government levies and exchange fees apply regardless of which broker you use, while the brokerage itself varies by platform and trade type. Here's a breakdown of each component this calculator accounts for.

Brokerage

The fee charged by your broker for executing a trade. Discount brokers like Zerodha, Groww, Angel One and Upstox typically charge a flat fee (often capped at ₹20 per order) or zero brokerage on delivery trades. Full-service brokers like ICICI Direct and HDFC Sky usually charge a percentage of trade value.

Securities Transaction Tax (STT)

A direct tax levied by the Government of India on every exchange trade. For intraday equity, STT applies only on the sell side at 0.025%. For delivery trades, it applies on both buy and sell sides at 0.1% each. For options contracts, STT is charged on the sell-side premium value at 0.0625%.

Exchange Transaction Charges

A small fee charged by NSE or BSE for using their trading infrastructure, calculated as a percentage of total turnover. Rates differ slightly between NSE and BSE and between equity and F&O segments.

SEBI Turnover Fees

A nominal regulatory charge levied by the Securities and Exchange Board of India on total turnover, currently set at ₹10 per crore (0.0001%) across all brokers and segments.

Stamp Duty

A state government levy charged only on the buy-side value of a transaction. Rates vary by trade type — typically 0.003% for intraday and F&O, and 0.015% for delivery trades.

GST

An 18% Goods and Services Tax applied on the sum of brokerage and exchange transaction charges (and SEBI fees, where applicable).

ChargeLevied ByTypically Applies To
BrokerageYour BrokerEvery executed order
STTGovt. of IndiaSell side (intraday/F&O) or both sides (delivery)
Transaction ChargesNSE / BSETotal turnover
SEBI Turnover FeeSEBITotal turnover
Stamp DutyState Govt.Buy side value
GSTGovt. of IndiaBrokerage + transaction charges

Broker-wise Brokerage Plans Compared

A quick look at how each broker structures its pricing — use the calculator above for an exact, trade-specific comparison.

Zerodha
India's largest discount broker. Zero brokerage on delivery; intraday and F&O capped at ₹20 or 0.03%, whichever is lower.
Groww
Flat ₹20 per order on intraday and F&O, zero brokerage on delivery. Popular with first-time investors for its simple app experience.
Angel One
Flat ₹20 per order across segments, zero delivery brokerage, with research and advisory add-ons available.
Upstox
Backed by Ratan Tata's RNT Associates. Flat ₹20 per order on intraday and F&O, zero brokerage on delivery.
5paisa
One of the lowest-cost brokers, with discounted flat fees and zero brokerage on delivery trades.
Kotak Neo
Discount broking arm of Kotak Securities, offering flat-fee intraday and F&O trades with bank-backed reliability.
ICICI Direct
Full-service broker with percentage-based brokerage on delivery trades, bundled research, advisory and banking integration.
HDFC Sky
HDFC Securities' newer discount-style platform with flat-fee intraday/F&O pricing and percentage-based delivery brokerage.

Frequently Asked Questions

Which broker has the lowest brokerage in India?
Most discount brokers — Zerodha, Groww, Angel One, Upstox and Kotak Neo — cap intraday and F&O brokerage at around ₹20 per order and charge zero brokerage on delivery. The cheapest option for you depends on your trade size and segment, since statutory charges also factor into the total cost. Use the calculator above to see the exact number for your trade.
Is Zerodha cheaper than Groww for intraday trading?
Zerodha charges 0.03% or ₹20 per order, whichever is lower, which can work out cheaper than Groww's flat ₹20 for smaller trade values. For larger trades, both converge near the same cap. Statutory charges like STT and stamp duty are identical across both brokers.
What is STT and how is it calculated?
Securities Transaction Tax is a government levy on every exchange trade. It's charged only on the sell side at 0.025% for intraday equity, on both sides at 0.1% each for delivery, and on the sell-side premium at 0.0625% for options.
Do I have to pay brokerage on delivery trades?
Most discount brokers charge zero brokerage on equity delivery. You still pay STT, exchange transaction charges, SEBI fees, stamp duty, GST and annual demat AMC. Full-service brokers like ICICI Direct typically charge a percentage-based brokerage even on delivery.
What's the difference between intraday and F&O brokerage charges?
Intraday brokerage is usually capped around ₹20 or 0.03% of trade value. F&O brokerage is typically a flat ₹20 per order, but carries a much higher STT on options (0.0625% on sell-side premium) along with different exchange transaction rates, making the statutory cost component significantly larger.
Are these brokerage rates accurate and up to date?
This calculator reflects publicly disclosed broker pricing and standard government charges as a reference. Brokers revise fee structures periodically, so always confirm the final rate on the broker's official website or your contract note before trading.
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