uTrade AlgosThe trade cost calculator provides a comprehensive estimate of the costs associated with a trade. These costs can be broadly categorised into three main sections: brokerage, regulatory charges, and other trading charges.
Brokerage Fees
Brokerage fees are charged by your broker for facilitating the trade. To estimate the brokerage fees applicable to your trades with Share India, you can visit our trading brokerage page here:
This will help you understand the brokerage charges based on the segment and type of trade.
Regulatory Charges
These are government-mandated fees designed to regulate and control financial markets. They include:
STT (Securities Transaction Tax): A tax applied on the value of securities sold or purchased. It varies depending on the trade type and the asset class (equity or derivatives).
CTT (Commodity Transaction Tax): Similar to STT but applies to commodities. It is charged on the value of commodity transactions.
SEBI Charges: Fees collected by the Securities and Exchange Board of India, the regulatory body for the Indian securities market.
GST (Goods and Services Tax): The services provided to facilitate your trades, such as brokerage, etc., are subject to GST.
Stamp Duty: A fee levied by the government on the transfer of securities. It’s charged based on the transaction value and may vary by state.
Other Trading Charges
These additional fees are incurred while executing trades on the stock exchanges. These may include:
Transaction Charges: Fees charged by the stock exchange for facilitating the trade. These are relatively small but contribute to the overall cost.
Investor Protection Fund Trust (IPFT) Charge: A fee levied on all trades executed on NSE to safeguard investors’ interests in case of defaults that may result in financial loss to retail investors.
DP Charges: These charges apply when shares are transferred or held in a Demat account. The DP fee can be incurred during the settlement of delivery trades, especially when shares are sold. These charges may be different for each segment and type of transaction on Share India. For example, DP charges of ₹15 are only applicable to NSE delivery sell and BSE delivery sell transactions.
For a detailed breakdown and the latest charge rates for all the charges mentioned above, visit our website:
Want to see how these charges apply to your next trade with Share India? Try Share India’s trade cost calculator here and estimate your costs before you place your order.
If you face any issues, you can contact the Share India support team via email at support@shareindia.com or by phone at 1800 203 0303.