Brokerage Calculator
Compare brokerage charges across Zerodha, Groww, Angel One, Upstox, ICICI Direct & HDFC Securities.
Broker Comparison
| Broker | Brokerage | STT | Total Charges | % of Trade |
|---|---|---|---|---|
| Zerodha | ₹0 | ₹100 | ₹119.19 | 0.1192% |
| Groww | ₹0 | ₹100 | ₹119.19 | 0.1192% |
| Angel One | ₹0 | ₹100 | ₹119.19 | 0.1192% |
| Upstox | ₹0 | ₹100 | ₹119.19 | 0.1192% |
| HDFC Securities | ₹500 | ₹100 | ₹709.19 | 0.7092% |
| ICICI Direct | ₹550 | ₹100 | ₹768.19 | 0.7682% |
Frequently Asked Questions
What is brokerage?
Brokerage is the fee charged by a stockbroker for executing buy/sell orders. Discount brokers charge flat ₹20/order while full-service brokers charge a percentage of trade value.
What are the other charges beyond brokerage?
STT (Securities Transaction Tax), exchange transaction charges, SEBI turnover fee, stamp duty, and GST on brokerage. These can add 0.03-0.1% to your total cost.
Which broker is cheapest?
For delivery trades: Zerodha, Groww, Angel One, Upstox all charge zero brokerage. For intraday/F&O: all discount brokers charge ₹20/order or 0.03% whichever is lower.
Is zero brokerage really free?
Zero brokerage on delivery trades means no broker fee. But you still pay STT, exchange charges, GST, stamp duty, and SEBI charges. Total cost is typically 0.03-0.05% of trade value.
What is the flat fee model?
Flat fee brokers charge a fixed ₹20 per executed order regardless of trade size. This benefits large traders — a ₹1 crore trade costs the same ₹20 as a ₹10,000 trade.