Compare exact brokerage, STT, GST, SEBI, stamp duty and exchange charges across India's top discount brokers. Know your real net profit before you place the trade.
| Broker | Brokerage | STT | Exch + SEBI | GST | Stamp | Total Cost | Net P&L | Open |
|---|---|---|---|---|---|---|---|---|
| Zerodha | ₹0.00 | ₹20.50 | ₹0.69 | ₹0.12 | ₹1.50 | ₹22.81 | ₹477.19 | Open Free Account |
| Upstox | ₹40.00 | ₹20.50 | ₹0.69 | ₹7.32 | ₹1.50 | ₹70.01 | ₹429.99 | Open Free Account |
| Angel One | ₹40.00 | ₹20.50 | ₹0.69 | ₹7.32 | ₹1.50 | ₹70.01 | ₹429.99 | Open Free Account |
| Groww | ₹20.50 | ₹20.50 | ₹0.69 | ₹3.81 | ₹1.50 | ₹47.00 | ₹453.00 | Open Free Account |
Charges shown are indicative, based on publicly listed brokerage plans as of 2026. Always verify with the broker before placing a trade.
Every trade on an Indian stock exchange has two layers of charges. The first is your broker's own brokerage — a flat fee or a percentage of turnover, whichever is lower. Discount brokers like Zerodha, Upstox, Angel One and Groww cap this at ₹20 per order for most segments, while full-service brokers charge significantly more.
The second layer is government and exchange charges, which are identical across brokers and include Securities Transaction Tax (STT), exchange transaction charges levied by NSE or BSE, SEBI turnover fees, GST at 18% on the sum of brokerage and exchange charges, and state-specific stamp duty. These are unavoidable and form the bulk of your cost on large trades.
For equity delivery, STT is the biggest hit at 0.1% on both the buy and sell legs, but Zerodha charges zero brokerage for delivery — making it the cheapest option for long-term investors. For intraday and F&O, all discount brokers charge the same ₹20 cap, so the real difference comes down to platform quality, margin policy and execution speed.
Our brokerage calculator above does the full math for you. Pick your segment, enter buy price, sell price and quantity, and you'll instantly see the net profit after every charge across all four brokers side by side.
If you are mostly investing in stocks for the long term, Zerodha wins outright on equity delivery with zero brokerage. For active intraday traders, all four discount brokers charge the same ₹20 per order cap, so pick based on platform stability, margin offered, and the quality of their charting and order management tools. Options traders should focus on execution speed and margin benefit, as the per-order fee is identical at ₹20 flat.
Use our calculator to stress-test your own trade size. On a ₹5 lakh turnover intraday trade, the difference between brokers is usually less than ₹15 — but on a ₹50 lakh delivery trade, Zerodha can save you ₹1,000 or more versus brokers that charge 0.1% delivery brokerage.
A brokerage calculator shows you the exact charges a stockbroker and the government will deduct from a trade before you place the order. It adds up brokerage, STT, exchange transaction charges, GST, SEBI turnover fee and stamp duty so you know your true net profit or loss.
For equity delivery, Zerodha charges zero brokerage, which makes it one of the cheapest for long-term investors. For intraday and F&O, Zerodha, Upstox, Angel One and Groww all cap their per-order brokerage at ₹20, so costs are similar. Government charges like STT and GST are identical across all brokers.
No. Delivery trades have the highest STT (0.1% on both buy and sell) but zero brokerage on Zerodha. Intraday has lower STT but higher stamp duty impact per turnover. F&O Options have the steepest STT on the sell side (0.1% of premium) plus exchange charges of around 0.05%.
Because transaction costs are layered on top. A typical intraday trade on ₹1 lakh turnover attracts around ₹20 brokerage, ₹25 STT, ₹3 exchange fee, 18% GST on brokerage and exchange charges, SEBI fee and stamp duty. That can eat 0.05–0.15% of your turnover before you calculate profit.
No. The brokerage calculator on cnxnifty.in is completely free. We do not store your trade data — everything is calculated in your browser.
Pick based on how you trade. Long-term investors doing mostly delivery benefit most from Zerodha (zero delivery brokerage). Intraday and options traders can choose any discount broker since per-order charges are identical — the tiebreaker becomes platform speed, margin policies and customer support.