First Demat | Trader's Choice

Simple Pricing, Serious Trading

Transpaarent brokerage charges, no hidden fees.

₹0

Account Opening

No Charges for Account Opening

Most Popular

₹20

Equity & F&O

Flat ₹20 per executed order or 0.1% (whichever is lower).

₹0

Account Maintainance Charges

No account maintenance charges for the first year

Trade Charges

Complete breakdown of all applicable costs

Equity DeliveryEquity IntradayF&O - FuturesF&O - Options
Brokerage0.1% or ₹20 per executed order whichever is lower0.1% or ₹20 per executed order whichever is lowerFlat ₹20 per executed orderFlat ₹20 per executed order
STT0.1% on buy & sell0.025% on the sell side0.02% on the sell side0.125% of the intrinsic value on options that are bought and exercised 0.1% on sell side (on premium)
Transaction chargesNSE: 0.00307% BSE: 0.00375%NSE: 0.00307% BSE: 0.00375%NSE: 0.00183% BSE: 0NSE: 0.03553% (on premium) BSE: 0.0325% (on premium)
GST18% on (brokerage + SEBI charges + transaction charges)18% on (brokerage + SEBI charges + transaction charges)18% on (brokerage + SEBI charges + transaction charges)18% on (brokerage + SEBI charges + transaction charges)
SEBI charges₹10 / crore₹10 / crore₹10 / crore₹10 / crore
Stamp charges0.015% or ₹1500 / crore on buy side0.003% or ₹300 / crore on buy side0.002% or ₹200 / crore on buy side0.003% or ₹300 / crore on buy side

Account Opening Charges

One-time account setup costs

Account TypeCharges
Online Account OpeningFree
Offline Account Opening₹500
Partnership / LLP / Corporate (Coming Soon)N/A

List of schedule charges

Tariff Sheet for Trading and Demat Services

Trading Services

Sr noParticularsTariff (Rs)
1Auto square off and call & Trade ChargesRs. 50 per Trade
2Auction chargesAs per actual penalty by Exchanges
3Delayed Payment Charges (DPC)0.05% per day, simple interest, compounded monthly
4Physical delivery of DerivativesA brokerage of 0.5% of the contract value will be charged for contracts where physical delivery happens.
5Physical statements RequestEmail: 0 / Physical: Rs. 10 per page + Courier charges
6KYC modification requestRs. 50/-

Demat Services

Sr noParticularsTariff (Rs)
1DP charges for Buy transactions (Credit)NIL
2DP charges for Sell transactions (Debit)Rs. 25+ gst
3Demat / RematRs. 150/- per certificate + Courier charges
4Failed Demat transactionsRs. 50/- per ISIN
5Delivery Instruction Slip (DIS)First 10 leaves – Free Additional 10 leaves – Rs. 100 + Courier charges
6Physical Client Master Report (CMR)Rs. 20 + Courier charges
7DP Inter settlement chargesRs. 25+gst
8Margin Pledge25+ gst
9Margin Re-pledge25+ gst
10Release of Margin Re-pledge25+ gst
11Courier Charges100+ gst

Important Note

  • If the account is in debit balance, any order placed will be charged ₹50 per executed order instead of ₹20 per executed order.
  • Brokerage shall not exceed the SEBI prescribed limits.
  • The above-mentioned charges are exclusive of 18% GST (wherever applicable)
  • The Statutory charges like Exchange transaction charges, SEBI turnover fees, Securities Transaction Tax (STT), Stamp duty, Investor Protection Fund Trust charges and any other such charges will be charged separately as levied by regulatory authorities.
  • The tariff sheet is subject to revision at the sole discretion of management and any such revision will be communicated by email.
  • Management reserves the right to freeze, discontinue or suspend the account if charges are not paid on time.

Disclaimer

Clients who opt to receive physical contract notes will be charged ₹50 per contract note plus courier charges. Brokerage is also charged on expired, exercised, and assigned options contracts. A brokerage of 0.5% of the contract value will be charged on physically delivered contracts, including netted-off positions in physically settled trades.

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