Brokerage Charges Calculator

It depends entirely on what you trade, which is why a single answer is misleading. On equity delivery, Zerodha and Dhan charge no brokerage at all, so they win. On futures and options, five of the six brokers charge the same flat ₹20 per order and tie exactly — Groww is the outlier at ₹50. And on a mid-sized intraday trade every broker hits the same ₹20 cap, so the cost is identical everywhere and the choice makes no difference at all.

Because a round trip is two orders. You are charged ₹20 when you buy and ₹20 again when you sell. Brokers quote the per-order price, not the per-trade price. The calculator above charges both legs, which is why its totals are higher than a headline rate suggests.

Zero brokerage removes only the broker's own fee. STT, exchange transaction charges, the SEBI turnover fee, stamp duty, GST and DP charges remain, and on a delivery trade they are most of the bill. A ₹1 lakh delivery purchase and sale costs roughly ₹248 at a zero-brokerage broker — none of it brokerage. Zero brokerage is real, but it is a discount on a minority of the total.

Yes, sharply. Budget 2026 raised STT on futures from 0.02% to 0.05% and on options premium from 0.10% to 0.15%, effective 1 April 2026. On options, STT alone is now the single largest line on most retail trades — considerably larger than brokerage. Several broker pricing pages still displayed the older October-2024 rates when we compiled this, so a rate you read elsewhere may be out of date.

The depository (CDSL or NSDL) charges a flat fee each time shares actually leave your demat account, which happens on a delivery sell. It is charged per stock, not per share, so selling 5 shares and selling 5,000 shares of the same company cost the same. It does not apply to intraday, futures or options, because nothing leaves the demat account. This is the charge that quietly makes small delivery trades expensive: ₹15 to ₹24 on a ₹3,000 sale is close to 1%.

The taxes are, but the exchange transaction charges are not. BSE is slightly dearer on equity at 0.00375% against NSE's 0.00307%, charges nothing at all on equity futures, and is a little cheaper on options at 0.0325% against 0.03553%. Switch the exchange toggle above to see the difference on your own trade — it is small, but on options it is not nothing.

Because they genuinely are the same, and we would rather say so than manufacture a winner. Most of what you pay is statutory and identical everywhere, and the flat ₹20 order price has become near-universal among discount brokers. The brokerage line is the only one a broker controls, and past a certain trade size it is capped. Where the answer is 'it makes no difference', the calculator says exactly that.