What are the different types of charges levied on my trade?

The following types of charges are levied on your trades:

  1. Brokerage charges- A flat Rs. 20 fee charged by Uptox for all intraday trades.
  2. STT- The Securities Transaction Tax is a direct tax levied on every purchase and sale of securities.
  3. Transaction charges- This is a charge levied by the exchange on every transaction placed.
  4. Clearing charges- This is a charge levied by the exchange for clearing the trade.
  5. GST- A Goods & Services rate of 18% is levied on every purchase and sale transaction of securities.
  6. State stamp duty- This duty is levied on the value of shares transferred and varies as per the individual state.
  7. SEBI turnover fees- This fee is charged by SEBI on the purchase and sale of all securities.

If you want to know more details and exact amounts of these charges please click here.