List of brokerage charges, fees and taxes on online trading and investing | Espresso

List of Charges

All charges-related information at one location

 

Charges Explained

 

Securities/Commodities Transaction Tax

Tax by the government when transacting on the Exchanges. Charged as above on both buy and sell sides when trading Equity Delivery. Charged only on the selling side when trading Intraday or on F&O. Note that, when trading with Espresso, the Securities/Commodities Transaction Tax could be a lot more than the brokerage we charge, so it would be helpful to keep an eye on it.

Transaction/Turnover Charges

  • Exchange transaction charges + Clearing charges. Charged by Exchanges (NSE | BSE | MCX) and the clearing member
  • Clearing charge is the fee levied by the Clearing Member (ISSL) for settling all CDS and MCX trades done by the client on the Exchange
  • BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs 10,000 per crore with effect from Jan 1, 2016
  • BSE has revised transaction charges in SS and ST groups to Rs 1,00,000 per crore of gross turnover

Dial-N-Trade

Rs 50 + GST per order placed through our dealing desk (brokerage charge of Rs 20 per order will be additional).

Stamp Duty Charges

Tap to get details of the stamp duty charges applicable.

GST

Tax levied by the government on the services rendered, currently at 18% of taxable value.

SEBI Turnover Charges

Charged at Rs 10 per crore by Securities and Exchange Board of India for regulating the markets.

Depository Participant (DP) Charges for Sell Delivery

Rs 13.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Espresso).

Espresso AMC (Annual Maintenance Charges)

Rs 400/year + GST charged quarterly

Buyback, OFS and NFO Order Charges

  • Rs 20 per order + GST will be charged for buyback/takeover/delisting orders placed through the console
  • Rs 20 + GST will be charged per order for OFS

Physical Document Charges (includes Contract Note, ledger statements, CP Client Master form)

  • Up to 10 pages – Rs 100
  • 11 pages or more – Rs 250

Payment Gateway Charges

  • Nil charges for fund transfers from Axis Bank, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank
  • Other banks – Rs 9 (coming soon)

Disclaimer

For Cash and Carry Delivery-based trades, a minimum of Rs 0.01 will be charged per order. Clients who opt to receive physical contract notes will be charged Rs 20 per contract note plus courier charges. Brokerage will not exceed the rates specified by SEBI and the Exchanges. All statutory and regulatory charges will be levied at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. A brokerage of 0.5% of the contract value will be charged for contracts where physical delivery happens.