Charges

At Firstock Broking Pvt. Ltd., we are committed to maintaining complete transparency with our clients. Below is the comprehensive breakdown of brokerage charges, statutory fees, and operational costs based on the latest tariff structure.

Common Charges

• Account Opening: ₹0 (Free for both online and offline methods)
• Account Maintenance Charges (AMC): ₹0 (No AMC)
• Equity Delivery: Zero Brokerage
• Margin Pledging Charges: Nil
• Payment Gateway Charges: Nil

Brokerage Charges

Segment	Brokerage Fees
Equity Intraday	₹20 per executed order or 0.03% of order value whichever is lower
Equity Delivery	Zero Brokerage
Futures	₹20 per executed order or 0.03% of order value whichever is lower
Options	Rs.20 per executed order

Brokerage for NRI Accounts

Segment	Brokerage Fees
Equity (PIS)	0.5% or ₹200, whichever is lower
Equity (Non-PIS)	0.5% or ₹100, whichever is lower
F&O	₹100 per executed order
Clearing Charges	₹150 per crore (Futures), ₹1,500 per crore (Options)

Statutory Charges

These fees are mandated by regulatory bodies and exchanges:

Charge Type	Equity Intraday	Equity Delivery	Futures	Options
STT (Securities Transaction Tax)	0.025% (sell side)	0.10%	0.02% (sell side)	0.125% (bought & exercised), 0.1% on sell side premium
Stamp Duty	0.003%	0.015%	0.002%	0.003%
Transaction Charges	NSE: 0.00297%; BSE: 0.00375%	NSE: 0.00297%; BSE: 0.00375%	NSE: 0.00173%; BSE: 0	NSE: 0.03503%; BSE: 0.0325%
Clearing Charges	-	-	0.00025%	0.0045%
SEBI Charges	0.0001%	0.0001%	0.0001%	0.0001%
Investor Protection Fund Trust (IPFT) for NSE	₹10 per crore	₹10 per crore	₹10 per crore	₹50 per crore on premium

Depository Participant Charges

Service	Charges
Stamp Charges Payable Upfront	₹50
Transaction Charges (Off-market Trades)	Sell: ₹8 + ₹5.50 (CDSL Charges) + GST or 0.03% or ₹25 whichever is higher
Demat & Destatement (Per certificate)	₹150 per certificate
Remat (Per certificate)	₹150 per certificate + CDSL Charges
Courier Charges (per Demat/Destatement/Remat)	₹100 + GST
Pledge and Unpledge Requests	Nil
Pledge Invocation	₹20 + GST
Periodic Statement (Physical)	₹50 + courier charges
Adhoc/Non-Periodic Statement Requests (Email)	₹10 + GST per request
Adhoc/Non-Periodic Statement Requests (Physical)	₹50 + GST per request (upto 10 pages, additional pages ₹5/page + GST + courier charges)
Delivery Instruction Booklet	First booklet free; subsequent ₹100 + GST
Cheque Bounce Charges	₹350 + GST
Failed Transactions	₹50 + GST per ISIN
Modification in CML	₹25 + GST per request
KRA Upload/Download	₹50 + GST

Important Points

• Brokerage rates will not exceed the rates specified by SEBI and the exchanges.
• A minimum brokerage of ₹0.01 per contract note for delivery-based trades.
• Physical contract notes incur a charge of ₹20 per note, plus courier charges.
• A brokerage of 0.25% applies on contract value where physical delivery occurs.
• Intraday square-off and margin shortfall orders incur ₹50 + GST per order.
• Exchanges stipulate that for F&O positions, 50% of the margin must compulsorily be in cash, and the remaining 50% can be collateral. If sufficient cash is unavailable, the account will have a debit balance, incurring delayed payment (interest) charges of 0.0329% per day or 12% annually on the debit amount.
• Brokerage charges apply to exercised and assigned Options contracts.
• GST of 18% applies on brokerage, clearing charges, SEBI charges, IPFT, and transaction charges.
• Call and Trade Facility: ₹50 + GST per executed order
• DDPI Charges (Demat Debit and Pledge Instruction): A one-time charge of ₹100 plus 18% GST, deducted from your Firstock account balance.

Firstock ensures all charges are clearly communicated, enabling informed trading decisions.