Brokerage Charges On Trading with IIFL Securities

Brokerage Charges

IIFL as a Stockbroker make up for a crucial link between the stock exchanges and the investors. They provide specialised services and execute various transactions to assist investors in the trading process. These stockbrokers charge a small fee called brokerage fee for managing and providing services such as buying, selling, negotiations, consultations, and delivery. This fee is the main source of income for stockbrokers.

BROKER CHARGES	EQUITY DELIVERY	EQUITY INTRADAY	EQUITY FUTURES	EQUITY OPTIONS
iValue Brokerage	0.25%	0.025%	0.025%	₹ 25 Per lot
STT	0.1% On both buy & Sell	0.025% Only on Sell	0.01 % Only on Sell	0.05% Only on Sell (on Premium)
Transaction Charges	NSE: 0.00335% on Turnover Value (Buy & Sell) #NSE .00275% on Turnover Value (Buy & Sell) BSE: Charges vary as per The Scrip Group* Exchange turnover charge: 0.00022% Clearing charge: 0.0004%	NSE: 0.00335% on Turnover Value (Buy & Sell) #NSE .00275% on Turnover Value (Buy & Sell) BSE: Charges vary as per The Scrip Group* Exchange turnover charge: 0.00022% Clearing charge: 0.0004%	NSE: 0.00195% on Total Turnover value	NSE: 0.053% on Premium value
Demat Transaction/ DP Charges	20/Scrip only on Sell	No Charges	No Charges	No Charges
GST	18% (On Brokerage, D3P, Transaction, SEBI Charges)	18% (On Brokerage, Transaction, SEBI Charges)	18% (On Brokerage, Transaction, SEBI Charges)	18% (On Brokerage, Transaction, SEBI Charges)
SEBI Charges	₹10/Crore	₹10/Crore	₹10/Crore	₹10/Crore
Stamp Duty Charges	0.015% of turnover value (Buyer)	0.003% of turnover value (Buyer)	0.002% of turnover value (Buyer)	0.003% of turnover value (Buyer)

Charges Explained

SECURITIES/COMMODITIES TRANSACTION TAX

The government levies this tax on investors and traders when making transactions on the stock exchanges. Levied on both buy and sell orders in case of equity delivery and only on sell orders if the trade is Intraday or F&O.

TRANSACTION TURNOVER CHARGES

These charges are levied by the government on the value of your transactions on the exchanges.

Transaction Charges as per BSE (w.e.f 01.01.2016) in XC, XD, XT, Z and ZP groups has been revised to Rs 10,000 per crores.
XD and XC groups have been merged into a new group called X w.e.f 01.12.2017
Transaction Charges as per BSE in SS and ST groups has been revised to Rs 1,00,000 per crore of gross turnover.

CALL & TRADE

An additional charge of Rs 50 will be levied, if:

Orders are placed through our support or dealing desk.
Squaring off of Intraday orders (MIS/BO/CO) through our RMS team before the closing of the market.
In case the entry order is executed by investors in multiple trades, Stop Loss/Target Orders will be placed separately for Bracket Orders. All brokerage charges, including Call & Trade, will be billed per executed order for auto square off.

OFFLINE TRADE

Offline trades are those that do not include RMS Square-Off, Auto Square-Off, Margin Square-off etc.

GST

The Goods and Services Tax is levied by the government on the services provided. For brokerage and transaction charges, the GST is levied at 18%.

STAMP CHARGES

Stamp Charges are levied on shares, debentures, currency, derivatives etc. The government has revised the Stamp Duty Rates from July 1, 2020. Please refer to the brokerage table above for the current rates.

GST

The Goods and Services Tax is levied by the government on the services provided. For brokerage and transaction charges, the GST is levied at 18%.

SEBI CHARGES

SEBI charges a flat Rs 10 per crores as a charge for regulating and managing the financial markets.

ACCOUNT MAINTENANCE CHARGES (AMC):

0 (zero) for the first year. Rs 250 + GST from the next year onwards.

DEPOSITORY PARTICIPANT (DP) CHARGES

These charges are levied by IIFL (Participant) and CDSL, NSDL (Depositories) together. The charges are Rs 13.5 + GST per scrip (irrespective of the order quantity) on the day of selling stocks.

Understand Brokerage Charges on Trading

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