Stock brokers that offer 0 brokerage

44°
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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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.

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