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 Gulaq STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.
Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE, MCX) and clearing member.
Clearing charge is the fee levied by the Clearing Member (ISSL) for settling all CDS & MCX trades done by the client on the exchange.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f 01.01.2016.
BSE has revised transaction charges in SS and ST groups to Rs.1,00,000 per crore of gross turnover.
Call & trade
Additional charges of ₹20 per order:
A) for orders placed through our support/dealing desk.
B) intraday (MIS/BO*/CO) positions squared off before market closing by our RMS team.
*For Bracket Orders, if the entry order is executed in multiple trades, Stop Loss/Target orders will be placed separately for each trade and all charges including call & trade for auto square-off will be billed per executed order.
Charged as per the state of the client’s correspondence address.
Tax levied by the government on the services rendered. 18% of (brokerage + transaction charges)
Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.
DP (Depository participant) charges
₹20.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Estee Advisors Pvt Ltd).
Note- ₹40.50 + GST per scrip in case of BSDA account
AMC (Annual maintenance charges)
₹300/year + GST charged quarterly
Buyback, OFS and NFO order charges
₹20 plus GST will be charged for buyback / takeover / delisting orders placed through Console. ₹100 plus GST will be charged for the orders placed manually.
₹20 plus GST will be charged per order for OFS, NFO, and FFO orders.
Physical CMR request
First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests.
Payment gateway charges
₹9 + GST
For Delivery based trades, a minimum of ₹0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹20 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 at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage. A brokerage of 0.5% of the contract value will be charged for contracts where physical delivery happens.