Brokerage Comparison Calculator
Enter your trade details and see exact charges side by side across five brokers — brokerage, STT, exchange fees, GST, stamp duty — and net P/L after everything. Click any broker row to expand the full breakdown.
Rates based on standard published plans as of 2025–26. STT on options sell revised to 0.1% (Oct 2024); futures sell to 0.02%. Zerodha, Upstox, Fyers charge min(0.03–0.05%, ₹20) for intraday/futures; ₹20 flat for options. Groww, Angel One, Dhan, Kotak Neo, 5paisa charge ₹20 flat across all segments. Delivery is free across all brokers. Click any row to see the full charges breakdown.
Why brokerage barely matters for options
All five brokers charge ₹20 flat per options order, so for F&O options the brokerage is identical everywhere. What actually varies is the premium size — STT on the sell side is 0.0625% of premium × quantity, so a ₹50 premium trade has lower STT than a ₹200 premium trade regardless of broker. This is why comparing brokers for options is mostly academic.
Where broker choice actually matters
Equity intraday and futures. Here Zerodha/Fyers charge min(0.03%, ₹20) vs Angel One/5paisa's flat ₹20. For small trades (e.g. 10 shares of a ₹500 stock = ₹5,000 turnover), 0.03% is ₹1.50, which is much cheaper than ₹20 flat. For large trades (₹1L+ turnover), the ₹20 cap kicks in and both structures cost the same.
Charges that are the same for everyone
STT, exchange transaction charges, SEBI fees, and stamp duty are regulated — they're identical across all brokers for the same trade type. GST is 18% of (brokerage + exchange + SEBI), so it varies slightly based on brokerage amount.
Are these rates up to date?
Rates are based on standard published plans as of 2024. Broker pricing can change — verify on your broker's own brokerage calculator before trading. This tool is for comparison and planning, not for exact contract note reconciliation.
What about Groww, HDFC Securities, ICICI Direct?
Full-service brokers like HDFC Securities and ICICI Direct charge a percentage of trade value (0.25–0.50%), which can be 10–20x higher than discount brokers for the same trade. They're not included here as they're not competitive for active traders.