Smart Traders
Equity Delivery
Transparent Pricing for Long-Term Investments
0.05% or Flat ₹20 per executed order (whichever is lower), minimum ₹2.5 on Equity Delivery across NSE and BSE.
F&O & Intraday
Competitive Brokerage for Active Traders
0.05% or Flat ₹20 per executed order (whichever is lower), minimum ₹2.5 on intraday trades across segments. Flat ₹20 per executed on all options trade.
Commodity & Currency
Affordable Rates for Diversified Trading
0.05% or Flat ₹20 per executed order (whichever is lower), minimum ₹2.5 on Commodity and Currency across MCX and NCDEX.
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 selling side when trading intraday or on F&O.
When trading at Sapphire, STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.
Transaction/Turnover Charges
Charged by exchanges (NSE, BSE, MCX, and NCDEX) on the value of your transactions.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to ₹10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)
BSE has revised transaction charges in SS and ST groups to ₹1,00,000 per crore of gross turnover.
BSE has revised transaction charges for group A, B and other non exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at ₹375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.
BSE has revised transaction charges in M, MT, TS and MS groups to ₹275 per crore of gross turnover.
Call & trade
Additional charges of ₹50 per order for orders placed through a dealer at Sapphire including auto square off orders.
Stamp charges
Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.
NRI brokerage charges
₹100 per order for futures and options.
For a non-PIS account, 0.05% or ₹100 per executed order for equity (whichever is lower).
For a PIS account, 0.05% or ₹200 per executed order for equity (whichever is lower).
₹500 + GST as yearly account maintenance charges (AMC) charges.
Account with debit balance
If the account is in debit balance, any order placed will be charged ₹40 per executed order instead of ₹20 per executed order.
Charges for Investor's Protection Fund Trust (IPFT) by NSE
Equity and Futures - ₹10 per crore + GST of the traded value.
Options - ₹50 per crore + GST traded value (premium value).
Currency - ₹0.05 per lakh + GST of turnover for Futures and ₹2 per lakh + GST of premium for Options.
GST
Tax levied by the government on the services rendered. 18% of ( brokerage + SEBI charges + transaction charges)
SEBI Charges
Charged at ₹10 per crore + GST by Securities and Exchange Board of India for regulating the markets.
Pledging charges
₹25 + GST per pledge request per ISIN.
Corporate action order charges
₹20 plus GST will be charged for OFS / buyback / takeover / delisting orders placed through Console.
Off-market transfer charges
₹50 / outgoing transaction.
Physical CMR request
First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests.
Payment gateway charges
₹9 + GST (Not levied on transfers done via UPI)
Delayed Payment Charges
Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account. Learn more
For Delivery based trades, a minimum of ₹2.5 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹50 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 as actuals. Brokerage is also charged on expired, exercised and assigned options contracts.
