Zerodha logo

What are transaction charges and how do NSE, BSE and MCX calculate it?

Transaction charges are fees that stock exchanges levy on every trade. Each exchange has specific charge structures that vary based on the type of trade, such as equity, futures, or options.

Exchanges charge transaction fees on both buy and sell transactions. For options, exchanges charge these fees on the premium amount.

As per the SEBI circular (WEB), exchanges are required to discontinue the slab-wise charge by 1st October 2024.

The table below summarises the transaction charges for NSE, BSE and MCX:

Exchange Segment Transaction charges before 1st October 2024 Transaction charges from 1st October 2024
NSE
Equity cash 0.00322% (₹3.22 per lakh) 0.00297% (₹2.97 per lakh)
Equity futures 0.00188% (₹1.88 per lakh) 0.00173% (₹1.73 per lakh)
Equity options 0.0495% (₹49.5 per lakh) 0.03503% (₹35.03 per lakh)
Currency futures 0.0009% (₹0.9 per lakh) 0.00035% (₹0.35 per lakh)
Currency options 0.035% (₹35 per lakh) 0.0311% (₹31.1 per lakh)
Commodity futures 0.0001% (₹0.1 per lakh) 0.0001% (₹0.1 per lakh)
Commodity options 0.001% (₹1 per lakh) 0.001% (₹1 per lakh)
BSE
Equity cash 0.00375% (₹3.75 per lakh) 0.00375% (₹3.75 per lakh)
Equity futures 0 0
Equity options 0.0495% (₹49.5 per lakh) 0.0325% (₹32.5 per lakh)
Currency futures 0.0009% (₹0.9 per lakh) 0.00045% (₹0.45 per lakh)
Currency options 0.001% (₹1 per lakh) 0.001% (₹1 per lakh)
Sensex 50 options/ Stock options 0.005% (₹5 per lakh) 0.005% (₹5 per lakh)
MCX
Futures 0.0026% (₹2.6 per lakh) 0.0021% (₹2.1 per lakh)
Options 0.05% (₹50 per lakh) 0.0418% (₹41.8 per lakh)

Did you know?

  • NSE IPFT charges are levied over and above the exchange transaction fees and are applicable to all trades conducted on the NSE.
  • BSE’s transaction charge of ₹3.75 per lakh applies only to groups A, B, and other non-exclusive scrips (non-exclusive scrips from Group E, F, FC, G, GC, W, T). The transaction charges for other groups can be viewed on BSE's Equity Segment Transaction Fees page.
  • You can view all trading and investing charges on the Zerodha charges page. Alternatively, you can use the brokerage calculator to calculate charges for any specific trade.

Still need help?

Create a ticket

Open tickets

We see that you have the following ticket(s) open:

If you have the same query, check and update the existing ticket here. In case of a new query, click on Continue.

Continue