Charge List

Find full list of our rates and charges

ProStocks Charges Equity Intraday Equity Delivery Equity Futures Equity Options
Brokerage ₹15 Per Executed Order Zero Brokerage ₹15 Per Executed Order ₹15 Per Executed Order
or ₹899 Per Month (Unlimited trading in an exchange for a month)
Securities Transaction Tax (STT) ₹2,500 per Crore (on Sell trade) ₹10,000 per Crore (on Buy and Sell) ₹2,000 per Crore (on Sell trade) ₹10,000 per Crore (on Sell trade*)
Exchange Transaction Charges NSE ₹307 (₹297 TrnChg and ₹10 IPFT) per Crore
BSE ₹375 per Crore Charge Details »
NSE ₹307 (₹297 TrnChg and ₹10 IPFT) per Crore
BSE ₹375 per Crore Charge Details »
NSE ₹173 (₹183 TrnChg and ₹10 IPFT) per Crore
BSE ₹0 per Crore (Presently waived)
NSE ₹3553 (3503 TrnChg and ₹50 IPFT) per Crore
BSE ₹3250 per Crore
SEBI Charges** ₹10 per Crore ₹10 per Crore ₹10 per Crore ₹10 per Crore
GST 18% on Brokerage + Exchange Transaction Charges + SEBI Charges 18% on Brokerage + Exchange Transaction Charges + SEBI Charges 18% on Brokerage + Exchange Transaction Charges + SEBI Charges 18% on Brokerage + Exchange Transaction Charges + SEBI Charges
Stamp Duty 0.003% (₹300 per Crore on Buy and Zero on Sell) 0.015% (₹1500 per Crore on Buy and Zero on Sell) 0.002% (₹200 per Crore on Buy and Zero on Sell) 0.003% (₹300 per Crore on Buy and Zero on Sell)

* ₹12,500 per crore on exercised options payable by option buyer on the intrinsic value derived by (multiplying the difference of (exercised price minus strike price) to quantity) .

** Please note that 18% GST would be applicable on SEBI Turnover Fees effective 18 Jul 2022. Till 17th Jul 2022, SEBI fees was exempt from GST. SEBI Turnover Fees is Rs 10 per one Crore of turnover. In the case of options contracts, 'turnover' shall be computed on the basis of premium traded for the options contracts, and in case where the option is exercised or assigned, it shall be additionally computed on the basis of notional value of option contracts exercised or assigned.

ProStocks Charges Currency Futures Currency Options*
Brokerage ₹15 Per Executed Order ₹15 Per Executed Order
or ₹499 Per Month (Unlimited trading in an exchange in a month)
Securities Transaction Tax (STT) Nil Nil
Exchange Transaction Charges NSE ₹35 per Crore
BSE ₹45 per Crore
NSE ₹3,110 per Crore
BSE ₹100 per Crore
SEBI Charges ₹10 per Crore ₹10 per Crore
GST 18% on Brokerage + Exchange Transaction Charges 18% on Brokerage + Exchange Transaction Charges
Stamp Duty 0.0001% (₹10 per Crore on Buy and Zero on Sell) 0.0001% (₹10 per Crore on Buy and Zero on Sell)

All rates are on option premium except excercised and assigned trades.

*Effective 1st Jan,2017 in BSE CDS. Refer BSE Circular for next revision BSE CIRCULAR FOR Currency Derivatives Charges.

*Effective 1st March, 2017 ₹18 per Crore in Futures and ₹1500 per Crore on Options Premium, in BSE CDS.

*Effective 1st May, 2017 ₹22 per Crore in Futures and ₹2000 per Crore on Options Premium, in BSE CDS.

*Effective 1st July, 2017 ₹25 per Crore in Futures and ₹2500 per Crore on Options Premium, in BSE CDS.

*Effective 1st Jan, 2018 ₹22 per Crore in Futures and ₹100 per Crore on Options Premium, in BSE CDS.

*Effective 1st Dec, 2022 ₹25 per Crore in Futures and ₹100 per Crore on Options Premium, in BSE CDS.

Charge Structure Explained:

At ProStocks we want it to be simple to offer you industry leading trading services at lowest brokerage. You can pay fixed monthly brokerage or flat fee brokerage (per executed order), whatever works for you. But no matter how you choose to pay, we are obligated to collect taxes and fees by regulations from you. There is nothing to add.

Please note that taxes and fees are subject to change.

Securities Transaction Tax (STT):

Securities Transaction Tax is collected by exchange from the broker on behalf of the client and paid to the Income Tax Department of Government of India. STT is charged at:

  • Equity Delivery Trades: ₹10,000 per Crore (on both buy and sell).
  • Equity Intraday Trades: ₹2,500 per Crore (only on the sell side).
  • Equity Futures Trades: ₹1,250 per Crore (only on the sell side.
  • Equity Options Trades: ₹6,250 per Crore (on sell premium value payable by option seller or writer).
  • STT on Exercised and Assigned Trades: ₹12,500 per crore (on intrinsic values of trades, payable by option Buyer).
  • Currency Derivatives: No STT.

Exchange Transaction Charges:

National Stock exchange of India (NSE) charges ₹335 (₹325 TrnChg and ₹10 IPFT) per crore for Equity trades, ₹200 (₹190 TrnChg and ₹10 IPFT) per crore for Equity Futures, ₹90 per crore for Currency Futures, ₹5050 (₹5000 TrnChg and ₹50 IPFT) per Crore for Equity Options on premium value and ₹4,000 per Crore for Currency Options on premium value.

Bombay Stock Exchange(BSE) charges ₹375 per crore for Equity trades except XC, XD, XT, Z and ZP groups, ₹0 per crore for Equity Futures, ₹90 per crore for Currency Futures, ₹3700 per Crore for Equity options on premium value and ₹100 per Crore for Currency Options on premium value. BSE transaction charges in XC, XD, XT, Z and ZP groups is ₹10,000 per crore.

*Effective 1st Jan.,2017 in BSE CDS. Refer BSE Circular for next revision BSE CIRCULAR FOR Currency Derivatives Charges.

*Effective 1st March, 2017 ₹18 per Crore in Futures and ₹1500 per Crore on Options Premium, in BSE CDS.

*Effective 1st May, 2017 ₹22 per Crore in Futures and ₹2000 per Crore on Options Premium, in BSE CDS.

*Effective 1st July, 2017 ₹25 per Crore in Futures and ₹2500 per Crore on Options Premium, in BSE CDS.

*Effective 1st Jan, 2018 ₹22 per Crore in Futures and ₹100 per Crore on Options Premium, in BSE CDS.

*Effective 1st Dec, 2022 ₹25 per Crore in Futures and ₹100 per Crore on Options Premium, in BSE CDS


SEBI Fee:

Securities and Exchange Board of India (SEBI) is market regulator. SEBI charges ₹10 per crore of trades for each exchange and segment.

Please note that 18% GST would be applicable on SEBI Turnover Fees effective 18 Jul 2022. Till 17th Jul 2022, SEBI fees was exempt from GST. SEBI Turnover Fees is Rs 10 per one Crore of turnover. In the case of options contracts, 'turnover' shall be computed on the basis of premium traded for the options contracts, and in case where the option is exercised or assigned, it shall be additionally computed on the basis of notional value of option contracts exercised or assigned.


Stamp Duty:

More Details

GST:

GST is charged at 18% on brokerage and transaction charges + SEBI Charges. GST is not payable on STT and Stamp charges.


Call & Trade:

  • Intraday and F&O: ₹10 per trade. Delivery: ₹25 per trade.

Documentation Charges and Franking Charges:

Account opening is free.


DP charges:

₹20 per scrip on sell side for equity delivery trades plus 18% GST.


Annual Maintenance Charges (AMC):

There is no AMC for our trading account as well as demat account. We collect ₹1,000 refundable deposit for demat account which is refunded at time of account closing.


Physical Contract Note Charges:

Clients who opt to receive physical contract notes by courier will be charged ₹50 per contract note plus courier charges at actual.


FAQs

Our account opening charges are Rs 300, which is waived currently as promotional offer. Our trading as well as demat account  are zero AMC. We charge Rs 1000 refundable deposit for demat account.

Following document are required to open individual account in Equity Segment :

  • One photograph of Client
  • PAN card
  • Address proof
  • cancelled cheque leaf having pre printed name of account holder or Bank statement having Name , Address and IFSC code

Any one document out of the following eight document required for opening account for Equity Derivatives or Currency Derivatives in addition to above given list :

  1. Copy of ITR Acknowledgment.
  2. Copy of Annual Accounts.
  3. In case of Salary Income - Salary Slip, Copy of Form 16.
  4. Net Worth Certificate having Net Worth of more than Rs 2 Lakh.
  5. Copy of demat account holding statement having holding value of more than Rs 2 Lakh.
  6. Bank account statement for last 6 months having reasonable transaction to suggest Net Worth of more than Rs 2 Lakh
  7. Self declaration with relevant supporting documents.
  8. Any other relevant documents substantiating ownership of Assets.