Charge List

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, ₹50 per crore for Equity Futures, ₹25 per crore for Currency Futures, ₹2,500 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.