Does brokerage change with quantity or lot size?

Flat per-order brokerage (for example ₹20 per order) does not scale with quantity, so the per-lot brokerage drag falls as size grows. However, statutory charges and slippage do scale with size.

Are these brokerage figures accurate?

Zerodha and Dhan figures were checked against their own live brokerage calculators on 19 June 2026 for sample equity and F&O trades, matching to within about five paise. Figures for other brokers are indicative and being verified. Always confirm current charges on your broker's website.

Brokerage Calculator India – Delivery, Intraday & F&O Charges

Q: How is brokerage calculated in India?

The total cost of a trade = brokerage + STT/CTT + exchange transaction charges + SEBI turnover fee + stamp duty + 18% GST, plus DP charges on delivery sells. Brokerage varies by broker; all the other charges are statutory and identical across every broker.

Q: What is the STT on F&O trades?

Under the current schedule, Securities Transaction Tax on equity futures is 0.05% and on equity options 0.15% of premium, both on the sell side. Equity intraday STT is 0.025% on the sell side and equity delivery is 0.1% on both buy and sell.

Trade Details

Segment

Broker

Exchange

Buy Price

₹

Sell Price

₹

Quantity

Different broker, different cost. Statutory charges are the same everywhere — brokerage and DP fees are not.

Compare brokers →

Position Details

Product

Price

₹

Quantity

Intraday Margin

% of value

≈ exchange VAR+ELM for a liquid stock. Lower % = higher leverage.

Your Margin (upfront)

% of value

Broker funds the rest. Varies by scrip (typ. 20–50%).

MTF Interest Rate

% / day

≈ 14–18% p.a. on the funded amount.

Holding Period

days

Instrument

Margin per Lot

₹

Number of Lots

lots

Holding into expiry? On expiry / tender period

Option Premium

₹

Quantity (units)

units

Lots × lot size. Buying an option needs only the premium.

How these numbers are calculated:

Statutory charges (STT/CTT, exchange transaction charges, SEBI fee, stamp duty, 18% GST) are set by the government and exchanges — identical across every broker. Current rates used: futures STT 0.05% and options STT 0.15% on the sell side; equity intraday 0.025% sell; delivery 0.10% both sides. STT and stamp duty are rounded to the nearest rupee, as they are levied. BSE equity transaction charges vary by scrip group (≈0.00345%–0.00375%); the BSE figure shown is approximate.
Index options and stock (equity) options carry the same charges on a normal trade. They are shown separately for convenience. The difference arises only at expiry: in-the-money stock options are physically settled and attract delivery-style STT and charges, whereas index options are cash-settled.
Brokerage reflects each broker's most common plan and is indicative only — rates change frequently, so verify with your broker before trading. DP charges (on a delivery sell) are billed separately per scrip and are shown on their own line, excluded from the headline total. The DP figure assumes a normal sell value; some brokers waive it on very small sells (e.g. Groww charges ₹0 DP when the sell debit value is below ₹100).
Margin: Delivery is 100% of value. Intraday and MTF use the margin % you enter (post the SEBI peak-margin rule, true intraday leverage is limited — most liquid stocks need ~20% upfront). F&O margins are approximate static estimates of exchange SPAN + Exposure and drift daily — for an exact figure use your broker's live margin calculator before placing the order.
One cost this calculator can't show — slippage. Beyond brokerage and statutory charges, there is a hidden cost: the gap between the price you expect and the price your order actually fills at. It is not a fixed, published figure — it varies with the instrument's liquidity, market conditions (volatility and bid-ask spreads), your order size, and your broker's execution technology. At larger lot sizes slippage often matters far more than brokerage and can dwarf it, so do your own research on a broker's fill quality and order routing before sizing up.
Normal (squared-off) trades only. The calculator assumes you buy and then sell the position. It does not model options that are exercised, assigned or physically settled at expiry, which carry different charges — for example, STT on an exercised option is levied on its intrinsic value.
For information only. This is not investment advice or a recommendation of any broker. Charges are indicative and change frequently; verify against your broker before trading. Investment in securities markets is subject to market risks.

About this brokerage & margin calculator

This free calculator estimates the main costs of a trade in India — brokerage plus statutory charges — beyond just the headline brokerage. For any equity, intraday or F&O trade it breaks down brokerage, Securities Transaction Tax (STT/CTT), exchange transaction charges, the SEBI turnover fee, stamp duty and 18% GST, and nets them against your gross P&L. DP charges (on a delivery sell) are shown on a separate line and excluded from the headline total, as your broker bills them separately; slippage is not included. You can switch brokers (Zerodha, Dhan, Angel One, Upstox, Groww, Shoonya, Flattrade, ICICI Direct, IIFL Capital, 5paisa, Kotak Neo, Fyers) to see how only the brokerage component changes, since every statutory charge is identical across brokers. The margin tab estimates the capital a delivery, intraday (MIS), MTF or F&O position needs.

How is brokerage calculated in India?

Total trade cost = brokerage + STT/CTT + exchange transaction charges + SEBI turnover fee + stamp duty + 18% GST (plus DP charges on delivery sells). Only brokerage and DP charges differ between brokers — the rest are set by the government and the exchanges and are the same everywhere.

What is the STT on F&O and equity trades?

Under the current schedule, STT on equity futures is 0.05% and on equity options 0.15% of premium, both on the sell side. Equity intraday STT is 0.025% on the sell side, and equity delivery is 0.1% on both the buy and the sell. STT and stamp duty are rounded to the nearest rupee.

Does increasing quantity reduce cost per lot?

Flat per-order brokerage (for example ₹20 per order) does not scale with quantity, so the per-lot brokerage drag shrinks as size grows. However, statutory charges scale with turnover, and slippage — the gap between expected and actual fill price — often becomes the dominant cost at larger sizes.

Which broker figures are validated?

Zerodha and Dhan brokerage figures were checked against their own live calculators on 19 June 2026 for sample equity and F&O trades (e.g. equity delivery 250/262 ×400, intraday 100/105 ×1000, futures 20000/20100 ×50, options 100/120 ×75), matching to within about five paise. Other brokers are indicative and being verified. Charges change frequently, so always confirm on your broker's website before trading.