Key Takeaway
Discount brokers like Zerodha charge ₹20 flat per trade, while traditional brokers charge 0.3–0.5% of trade value. On a ₹1 lakh trade, that's ₹20 vs ₹300–₹500 , a 15–25x cost difference.
Zerodha
Discount BrokerGroww
Discount BrokerAngel One
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Frequently Asked Questions
Why should I compare brokerage charges?
Brokerage charges and hidden fees (like DP charges, STT, and exchange transaction fees) can significantly eat into your trading profits. Comparing brokers helps you find the most cost-effective platform for your trading volume and style.
Are discount brokers better than full-service brokers?
Discount brokers offer flat-fee trading (e.g., ₹20 per trade) and are cheaper, making them ideal for self-directed traders. Full-service brokers charge a percentage of the trade value but offer research reports, relationship managers, and advisory services.
What are DP charges?
Depository Participant (DP) charges are flat fees levied by the depository (CDSL/NSDL) and your broker every time you sell shares from your Demat account, regardless of the quantity sold.
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