Zerodha Brokerage Charges 2026
India's largest discount broker — ₹0 equity delivery, flat ₹20 intraday/F&O and the clean, reliable Kite platform.
Zerodha brokerage charges 2026
Zerodha uses a simple, flat-fee pricing model. Equity delivery is free (₹0), while intraday and futures are charged a flat ₹20 or 0.03% per executed order, whichever is lower. Equity options are a flat ₹20 per order. There are no percentage-based surprises and no hidden charges.
Account opening & maintenance
| Charge | Fee |
|---|---|
| Equity account opening (one-time) | ₹200 |
| Commodity (MCX) add-on | ₹100 |
| Trading account AMC | ₹0 (Free) |
| Demat account opening | ₹0 (Free) |
| Demat AMC | ₹300 + GST per year (₹75 + GST per quarter) |
Brokerage by segment
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹0 (Free) |
| Equity Intraday | ₹20 or 0.03% per order (whichever is lower) |
| Equity Futures | ₹20 or 0.03% per order (whichever is lower) |
| Equity Options | Flat ₹20 per order |
| Currency Futures & Options | ₹20 or 0.03% per order (whichever is lower) |
| Commodity Futures & Options | ₹20 or 0.03% per order (whichever is lower) |
| Call & Trade | Additional ₹50 per order |
| DP charges (on sell) | ₹13.5 + GST per scrip, per day |
On top of brokerage, the usual statutory charges apply — STT, exchange transaction charges, SEBI turnover fee, GST (18% on brokerage + transaction + SEBI charges) and stamp duty. These are set by the government and exchanges and are the same at every Indian broker.
Example: a ₹1,00,000 delivery trade
Buy ₹50,000 and sell ₹50,000 of shares: brokerage is ₹0 because delivery is free. You pay only STT (~₹100), exchange + SEBI charges (~₹3.35), stamp duty (₹7.50 on the buy), 18% GST on the applicable charges, and a ₹13.5 + GST DP charge on the sell — roughly ₹135–₹140 in total, versus ₹40 of brokerage alone at a ₹20-per-order broker.
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