Stock brokers that offer 0 brokerage

158°
Deal Newbie
ankitsharma1

If we look back in time when traditional brokers used to charge some percentage from the total traded value, I don’t think anyone could’ve ever imagined that in the next few years brokerage charges will almost be nil. The transition from hefty commissions to flat rate brokerage was amazing. But these days, we have another category of brokers who charge 0 brokerage irrespective of the total trading volume.

Finvasia

Brokerage charges

  • Delivery trades: Rs. 0

  • Intraday trades: Rs. 0

Other charges

  • AMC: Rs. 0

  • Account opening: Rs. 0

  • DP: Rs. 9 +GST

  • Call & trade: Rs. 0

Zerodha

Brokerage charges

  • Delivery trades: Rs. 0

  • Intraday trades: Rs. 20 or 0.03% whichever is lower

Other charges

  • AMC: Rs. 300 + GST annually

  • Account opening: Rs. 200

  • DP: Rs. 13.5 +GST

  • Call & trade: Rs. 50 + GST

mStock

Brokerage charges

  • Delivery trades: Rs. 0 in Rs. 999 plan and Rs. 0 in Rs. 149 plan

  • Intraday trades: Rs. 0 in Rs. 999 plan and Rs. 20 in Rs. 149 plan

Other charges

  • AMC: Rs. 120 quarterly or Rs. 0 by paying additional Rs 999

  • Account opening: Rs. 999 or Rs. 149

  • DP: Rs. 12 +GST

  • Call & trade: Rs. 0

Kotak

Brokerage charges

  • Delivery trades: 0.25%

  • Intraday trades: Rs. 0 in the trade free plan

Other charges

  • AMC: Rs. 0 if holding value of securities is ≤ Rs. 10,000 and Rs. 65 (upto 10 transactions), Rs. 50 (for 11 to 30 transactions), Rs. 35 (for more than 30 transactions) per month is the holding value of securities is ≥ Rs. 10,000

  • Account opening: Rs 0 but you avail a trade free plan: Rs. 999 every year

  • Call & trade: First 20 calls are free, afterwards- Rs. 15/call

Fyers

Brokerage charges

  • Delivery trades: Rs. 0

  • Intraday trades: Rs. 20 or 0.03% whichever is lower

Other charges

  • AMC: Rs. 0

  • Account opening: Rs. 0

  • DP: Rs. 12.5 + GST

  • Call & trade: Rs. 50

Which other broker would you like to add in this list?

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15 Comments  |  
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Deal Cadet Deal Cadet
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I have accounts with Finvasia and SAS Online. Finvasia is totally free (I didn't give PoA).

SAS Online charges 9/per trade. Forgot if they charged for PoA, when I opened account several years ago.

Deal Newbie Deal Newbie
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Yea, finvasia is absolutely free and they let you choose between PoA and e-dis, which is good.
Brokerage charges look low with SAS Online as well. If I am not wrong, they too offer a trade free plan, right?
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Deal Cadet Deal Cadet
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What about kotak free trade you have to pay year to year

Deal Newbie Deal Newbie
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Yes, there are AMC charges
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Deal Cadet Deal Cadet
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east or west Zerodha is the best . .

Deal Newbie Deal Newbie
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@ sachin1268 What I mean to say is that in finvasia or fyers, you don’t have to pay a one-time fee to enjoy 0 AMC.

Deal Cadet Deal Cadet
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what is the charge for options and futures in finvasia and fyres?

Agar wahan par brokerage nahi hai, toh hi sahi hai 😂🤣

Deal Newbie Deal Newbie
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Finvasia mein to nahi hai brokerage FnO k liye lekin Fyers mein hai - Rs.20.
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