Pay When Profit - Retain Capital on loss making trades | Espresso

Pay Only When You Profit^

Flat Rs 20 per order
For Intraday trades across all segments (Equity, F&O, Commodity and Currency)

No brokerage on loss-making trades

Let’s break it down with an example:

  • Say you make 20 trades a day every trading day of a year
  • 20 trades a day x 250 trading days = 5,000 trades
  • 5,000 trades x Rs 20 per transaction = Rs 1,00,000
  • Assuming 40% are loss-making trades, you don't pay brokerage worth Rs 20,000!

Brokerage charged only on profitable trades – Explained

When you have multiple Buy/Sell orders of the same stock/contract, the average Buy/Sell market price of the open position will be taken at the time of square-off as the base to calculate whether the trade was profitable or not. Regulatory and statutory charges would be applicable.

Pay Only When You Profit^ calculator

With Espresso, you don’t need to pay brokerage for each trade. Pay us only when you make a profit^!

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Things to remember

  • Calculations will happen separately for each segment, each Exchange and each product. Available product types are CNC (Cash & Carry), EMF (Exchange Margin Funding), MIS (Margin Intraday Square off), MIS+ (Margin Intraday Square off Plus) and CNF (Carry Forward).
  • For the MIS+ product, while placing an order, the user places first leg order along with compulsory stop-loss trigger order (that is, second leg) and optional book profit trigger order (third leg). The first leg order gets tagged with second/third leg order and profit and loss will be calculated based on such tagging and will be computed based on the pair of trades that get executed through the product.
  • The rate considered is the weighted average of the trade execution rate and not the net rate after transaction charges and statutory levy.
  • Transaction charges, STT/CTT, stamp duty and any other regulatory/statutory charges will be levied in normal course for all trades.
  • For Intraday square-off orders, no brokerage on the second leg will be charged if such trades result in a loss; however, brokerage on the first leg will be levied in all cases.
  • For the purpose of calculation of brokerage under Pay Only When You Profit, when Buy leg and Sell leg of a security are undertaken on different Exchanges, it will not be considered as Intraday trade for the purpose of calculation of profit or loss for charging of tariff and shall be charged as though each leg was a Delivery trade.
  • Profit/Loss is calculated on a weighted average market rate basis, without considering associated costs (brokerage, transaction charges or statutory levies), at trade level, based on the earliest trade time of execution.

Keeping Track – The Pay Only When You Profit^ Report