All the statutory charges and brokerage related to trading can be found in our Brokerage Calculator.

Other charges not covered in the brokerage calculator can be found below:

Particulars  Charges (In Rs.)  
Demat AMC 300 plus GST
Demat AMC for corporates 1000 plus GST
Physical contract note / other statements etc 25 per contract note + Courier Charges
Trade on phone 30 per executed order plus GST
Offmarket transfer (DP) 25 plus GST
Demat transaction charges 15 plus GST
Account opening charges 400  
Cheque dishonour charges 200 per instance
Inter DP transfer 25 plus GST
Dematerialization 500* per certificate GST
Share/MF Pledge In 200 per scrip plus GST
Share/MF Pledge Out 200 per scrip plus GST
NEST Instant fund transfer charge 8 plus GST
Add/Optout Nominee 30 plus GST
Account Closure 30 plus GST
Third party fund transfer charge 400 For refund in 2 working days
KRA Modification 35 plus GST
MIS, CO, BO Auto Square off charge 30 plus GST per executed order
Stock/MF Pledging and unpledging for Margin against shares 15 per scrip per request plus GST
Short delivery auction charge 0.5% On auction price received by exchange plus GST
Remat Charges 500 CDSL Charges + 500 per certificate of 100 shares or 5% of value whichever is higher

Note: GST (Goods & service Tax) shall be charged at the rate of 18%.

*The Dematerialization charges of Rs.500+GST per certificate are for listed stocks only. The Dematerialization charges shall be Rs.500+GST per lot of 100 quantities of unlisted stocks.


  1. Deepika

    Please close the account no.YMUD437 since its not used at all and you are charging maintenance. Please close the same immediately

    1. Sushma Shivanagi

      Sorry to know you want to close your account with us. Please let us know if you are facing any issue while handling your account. Further to inform you that we have come up with InstaOptions that helps you to analyse options market and helps you to take the decision to buy or sell.

  2. Siddharth

    Sir i have a plan of rs 15/order , i made a buy order of 50 shares but it got executed in 3 parts 20+20+10, but i am being charged 15*3= 45 , which is equivalent to 3 orders but i made only one order of buy of 50 ? How is this possible ? and i am having this everytime. Can you please explain me this?

    1. TradeSmart

      Hello Siddharth,
      Kindly send an email to su*****@vn****.com along with your client details and trade date. Our customer service shall help you.

  3. pravin

    hi team

    if i do BO/CO order what will be the brokerage
    for example if i sell nifty in Bracket order at 13100 and stop loss is 20 points i.e 13120 and target is 13000. 1 lot

    then what is the brokerage and minimum margin required?

    1. TradeSmart

      Hello Pravin,
      Hope you would like to open an account with us. Thanks for your interest. Currently, we are providing 2 pricing plans and brokerage shall be levied based on the pricing plan selected by you. Please refer to our brokerage calculator. The margin required by the Exchanges shall be Rs.51000.00 (approx.) for trading in 1 lot of Nifty futures in Intraday. Please share your contact details. You would get a call soon.

  4. Sanjay

    I have a demat account with my other broker. I trade in intraday equity only. Can I open only a trading account with you for intraday trading in equity?

    1. Trade Smart Online

      Hello Sanjay,
      To trade in equity, whether intraday or delivery, you are required to open demat also along with trading account. To trade in derivatives, you can open only trading account.

  5. Nilesh Pagar

    Hi, As per NSE website, exchange transaction charge are 0.05% on sale value however as per VNS contract note, it charges around 0.1 % on sale value i.e.almost double, can anyone please explain the reason of the same?

    1. Trade Smart Online

      Kindly share your client ID and the trade date which you are referring to. We will check the charges and update you.

  6. Roshan

    PayIn charges are very heavy, 8+GST I don’t understand why GST again on this transaction. I am working with one of the broker, PayIn and Payout charges are completely free and very quick.

    I am looking for Option writing (MIS 3X CO7X BO7X CNC 1X) as quoted”
    Do you have span margin calculator to understand how much capital I would require?,

    1) Lets say I have 50k, I choose to write an option of BN 2 lot (50qty) sell@100 and buy @50. how much margin it would require to do this transaction?

    2) an exposure you have offered for writing is not the same as for buying, it has less very exposure, at least 3X needed, 90% of retail trader go for buying.

  7. Srinivas Murthy

    I See 2 charges viz. clearing charges and IBTNEST1 in my contract note. Can you please explain to me what these charges are and how its calculated?

    1. Trade Smart Online

      Hello Srinivas,
      Clearing charge is charged on total turnover and taken by clearing member. This charge varies segment to segment. Ex: For options trading clearing charge is around 0.0215% on total turnover. You may speak to our customer service to know details percentages for all the segments.
      IBTNEST1 is the representation of 15/order brokerage plan and it shows the brokerage charged to you.

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    1. Trade Smart Online

      Hello Rajan,
      If you opt for Rs.15 per order plan, you will be charged flat Rs.15 brokerage for buy order and Rs.15 flat for sell order, irrespective of quantity in one order. Total brokerage for one buy and sell order is Rs.30. Statutory charges depend on the total value of transaction. You may put buy price, sell price and quantity at which you want to buy, in Brokerage Calculator to know the exact statutory charges charged for any particular transaction. In case of any query please get in touch with us.

    1. Trade Smart Online

      Hi Mohit,
      If you transfer from your bank to trading account using instant payment gateway then you will be charged Rs.8+GST. No charges for NEFT payment. We do not charge for taking money from your trading account to bank account (Payout).

  10. nilay desai

    what is the calculation method of demat transaction charges? you must publish the frequency & calculation logic for charges other than brokerage.

  11. S Sarkar

    I just want to go for the equity trading a/c with you for investment (not intraday). I am already having a demat a/c with a DP (say XYZ). It is obvious that shares purchased through the trading a/c with you can be easily credited to demat maintained with XYZ DP. But, can shares be sold with the above arrangement if the shares are transferred through Speed e (NSDL)/Easiest(CDSL) to your pool a/c or other designated a/c after sell execution but before settlement?

    1. Trade Smart Online

      Hello Sarkar,
      If you open only trading account with us and link other demat account with it then you can only buy shares with us. You cannot sell shares as demat account is with other broker. You are required to sell those shares from where you have demat account.

      1. S Sarkar

        Can you describe in details. Using Speed-e and easiest, It is now possible to transfer the shares to your pool a/c for settlement.

        1. Trade Smart Online

          Hi Sarkar,
          We do not keep shares in pool account. Hence, our trading system will not allow you to sell other DP shares. For your better understanding, equity selling is allowed only if you have demat account with us. Pool account will not come into picture in our case.

  12. Deepan

    my doubt is about demat transaction charge.Suppose I bought cnc on T day and now on T+1 day I want to sell it will demat transcation will be added?

    1. Trade Smart Online

      For 1 lot of copper for intraday (MIS product type), margin required is 11900. If you use cover order then the margin required would be around 1900. Margin requirement differs on daily bases as per the previous day’s closing price. You may refer our margin calculator for more details.

  13. Rema

    What are the payout charges for fund transfer from trading account to bank account.

    Is the demat debit charge fixed per scip or it can vary. If I sell only one share of Rs100 what would be the total charges,stamp duty etc levied

    1. Trade Smart Online

      Hello Rema,
      We do not charge anything for fund transfer to your bank account i.e. payout.
      Yes, demat transaction charge of Rs.15 per scrip per day is fixed irrespective of the no. of orders you place in one day.
      Example: If you sell one share of HDFC at 10:00am, 10 shares of same stock at 2:00pm then Demat transaction charge is Rs.15 only. Along with HDFC if you sell Reliance stocks too on the same day then another Rs.15 is charged. Hence, total of Rs.30 (Rs.15 for HDFC + Rs.15 for Reliance) is charged.

    1. Trade Smart Online

      Hello Aliya,
      In Power Plan, you will be charged Rs.15/order irrespective of the quantity you put in one order. If you buy 1 share in delivery, you will be charged Rs.15 brokerage.

  14. sumesh

    I am selecting 0.7 paisa plan, In that option will be charged @ Rs 7 .So , if I buy 1 lot & exit the same day what will my total charges be ( Don’t tell me to use the Brokerage Calculator )

    1. Trade Smart Online

      Hi Sumesh,
      If you buy 1 lot in options and sell the same on same day then your brokerage would be Rs. 14(But side Rs.7 and sell side Rs.7). For each lot you will be charged Rs.7. However, statutory charges are levied based on total turnover.
      Ex: Support if you buy 1 lot(75 qty) of Nifty call option, strike price 9000 at 300 and sell at 310 then your total charges would be around Rs.685. This will include your brokerage as well as Statutory charges.


    when contract note charges are applicable?
    Third party transfer charges?
    share pledge charges? Is others charging

  16. Chandu


    Lets consider I Bought and Sold ACC for Rs.1400.30 & Rs.1405.75 resp. in Intraday. And the Volume is 100 shares. Can you tell me what is the exact charges I would be paying, I mean in figure which includes Brokerage, STT, Stamp Duty Transaction Charges etc. For your info, I am from Andhra Pradesh.

    1. Trade Smart Online

      Hello Chandu,
      Brokerage charged is depend on which brokerage plan you have selected. Let’s assume you have activated 0.7 paisa plan. In case of your example, the total charge that can be charged to you is around Rs. 75. You can calculate brokerage from brokerage calculator for all your trades.

    1. Trade Smart Online

      Hi Vijaya,
      Changing mobile number is made very simple. Login into BOX, go to my profile and send your mobile number change request from edit option available in front of mobile number. Please let us know in case you need any assistance.

    1. Trade Smart Online

      Hi Chirag,
      Brokerage charges depend on which brokerage plan you have selected. Since, the example that you quoted is a small trade, let’s consider 0.7 paise plan. In this plan you will be charged Rs. 1.05 in case you have placed your order in intraday(MIS product type). For delivery trade(CNC product type) your brokerage would come to around Rs. 10.50. You may check brokerage and statutory charges applicable, from our Brokerage Calculator.

    1. Trade Smart Online

      Hello Dinesh,
      IBTNEST1 is the brokerage charge in case of Rs.15/order plan.
      Ex: Suppose your IBTNEST1 is showing 180 then you must have placed 12 orders. Hence, your brokerage would come to 15*12=180.
      Hope we addressed your query.

    1. Trade Smart Online

      Hi Bhushan,
      Stock pledge from BOX for getting higher intraday exposure would cost you just Rs.60. Stock pledge for taking bank loan would cost you Rs.200. There could be some confusion to you here.

    2. admin

      Moreover, it is not a per day charge. It is on a per transaction basis. So if you pledge the shares today and let it stay pledged for 2 months, pledge charges will be Rs 60 only and not more.

  17. Arshiya

    If I call and trade !..(intraday)
    If I buy 500 shares of biocon @850 and sell @ 880 wat will be the all over brokerage charge.

    1. Trade Smart Online

      Hello Arshiya,
      For each executed order we charge Rs.20 call-n-trade charge. In your example, there are two orders buy and sell. Hence total call-n-trade charge will be Rs.40. Regarding total brokerage, it depend on which brokerage plan you choose. In case you select Rs.15/order plan, for each order we only charge Rs.15 irrespective of the quantity you place in one order. In case of your example, your total brokerage would just be Rs.30. For more information on total brokerage charged in various plans, you try our Brokerage Calculator.

    1. Trade Smart Online

      Hello Satish,
      Most brokers apply delivery charges on a monthly basis for the transactions done in the entire month. This may become difficult for you to tally the amount at the end of the month. We believe in transparency and making things easy to understand. Hence, we deduct these charges on the same day whenever you sell delivery shares.

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    1. admin

      Hello prasuna,
      It seems you may be referring to the Share Pledge In/Out charges. If that is the case, please understand that the Pledge In and Pledge Out charges are something totally different. Please visit our article What is Share Pledge and how do I apply for it? to learn more about the pledging service.

      There are no separate charges for pay out of shares. Only when you sell a share in delivery there’s a small charge of Rs 15 per scrip per day. This charge includes the CDSL charges too. All brokers charge the demat transaction charges but most bill it at the end of the month. This may cause confusion for you as you’ll have to go back and check the different contract notes to check the amount charged. Hence in order to increase the transparency we charge it on the day of the trade itself.

    1. Trade Smart Online

      Hello Prateek,
      Once the account is opened, you are required to select at least one brokerage plan among the three.
      1) In case of 0.7 paise plan, brokerage for 1 lot of Nifty is Rs.7.
      2) In Rs.15 per executed order plan, brokerage would be Rs.15.
      3) In 3999 unlimited plan, you do not have to pay any brokerage as Rs.3999 will already be deducted for entire one
      month on account of unlimited trading for that month. In case there are no any trades for that month, 3999 will be refunded to your trading account on last day of the month.
      Please refer Brokerage Charges article for your Knowledge.

    1. Trade Smart Online

      Hello Siva
      The charges mentioned by you include clearing charges too. Looks like that could be the reason for the difference.

    1. Trade Smart Online

      Hello Tejas,
      Brokerage charges depend on which brokerage plan you select for trading. Please calculate all the charges from our Brokerage Calculator link by selecting different brokerage plans.
      Brokerage Calculator

  19. Rajat

    If I buy 100 shares @ 100 Rs per share and sell @ 110 Rs per share .
    Subtracting the charges shown in your brokerage calculator and stamp duty are there any other charges which will be included if I want my profit amount in cash within a week.
    (Means are there any other charges also for getting the money in cash or getting transfer in bank account)

    I am new in stock market. Plese need more detail.

    1. Trade Smart Online

      Hi Rajat,
      In case you want to sell any delivery of shares then would require to pay demat transaction charge of Rs.15 per scrip. This charge is applicable only on delivery sell side and not applicable for intraday sell.
      Please go through List of Charges that are charged other than brokerage calculator charges.

      You can place your payout request after two days you sell the delivery shares as the settlement cycle is T+2 days. For placing payout request refer our Payout Schedule.

      If you are new to stock market, kindly follow the link to learn Basics of Trading and Share Market.


    If i buy 1 lot Bank Nifty Futures @17000 and sell 1 lot Bank Nifty Futures @17000. What will be the stamp duty charges ?

    1. Trade Smart Online

      Hi B Venkatesh,
      In the example provided by you, the total turnover is 850000(425000 buy turn over + 425000 sell turn over). If you reside in Tamil Nadu, stamp duty is Rs.51. For other state the stamp duty charged is Rs.17 for 850000 turnover. Please refer our knowledge base article for all the Statutory Charges.

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