Equity Delivery Brokerage
There are multiple ways in which you trade in Equity, one of the most common ways is delivery-based trading. In an equity delivery trade, you buy some shares and take delivery and hold them in your Demat account for some time. your can hold these shares for as many days or months or years as you want in your Demat account. you have complete ownership of these shares and can wait for a good opportunity of making profits. To buy a share in the delivery trade you need to have complete funds in your account.
Brokerage Charges on equity delivery trades are normally much higher than other kinds of trades like intraday, future, option, etc but some brokers like Zerodha, Upstox, Fyers, ProStocks, and Indiabulls offer brokerage free trading. The customer doesn't pay any brokerage while trading in the equity delivery segment.
Advantages & Disadvantages of Equity Delivery Trade
- There is no Time limit to sell the delivered stock
- You would get additional benefits of owning shares like dividends, Bonus shares, Right issues, etc.
- A lot of Brokers provide brokerage-free delivery trade which makes it attractive.
- Some banks and finance firms provide loans based on your shares. So, it will help you in getting the required liquidity when you are going through a difficult time.
- You can get good returns vs keeping money in FD or other saving instruments.
- No-Risk of Short Selling.
- You would also get tax exemption or lower taxes if you hold these shares for a longer time period.
- You can not buy Shares without having complete funds for the said delivery transaction.
- Higher Brokerage, the charges on delivery trade are much higher than the other kind of trades like intraday, future option, etc.
List of delivery Brokerage of Top 20 Stock Brokers | Compare Equity Delivery Brokerage
| Rank | Top 20 Best Share Brokers | Active Clients | Equity Delivery Brokerage | A/c Op. Charges |
|---|---|---|---|---|
| 1 | Zerodha | 6513036 | Free | Rs.200 for Online and Rs 400 for Offline accounts Opening |
| 2 | Upstox (RKSV) | 5596268 | ₹20/trade or 0.05% whichever is lower | ₹150 + GST |
| 3 | Groww | 4268383 | ₹20/trade or 0.05% whichever is lower | Free |
| 4 | Angel-One | 3926697 | Free | Free |
| 5 | ICICI Direct | 3135167 | 0.55% | Free |
| 6 | 5PAISA | 1727458 | Flat Rs.20 per executed order | Free |
| 7 | Kotak Securities | 1290410 | 0.25% or Rs 20 whichever is higher | Free |
| 8 | HDFC SECURITIES | 1156837 | 0.5% | ₹999 + GST |
| 9 | IIFL | 1139902 | Flat Rs.20 per executed order | Rs.250 + GST |
| 10 | MOTILAL OSWAL | 915264 | 0.5% | Free |
| 11 | SHAREKHAN | 757371 | 0.5% | Free |
| 12 | SBI Securities | 643626 | 0.5% | Rs.850 |
| 13 | PAYTM MONEY | 467814 | Free | Rs.200 |
| 14 | AXIS Direct | 417958 | 0.5% | Rs.900 |
| 15 | Market Wolf | 299954 | ₹0 brokerage if loss | 10% of the GP on profitable trade | Free |
| 16 | Choice Broking | 268212 | 0.2% | Free |
| 17 | GEOJIT FINANCIAL | 236567 | 0.3% | Rs.425 |
| 18 | EDELWEISS | 201574 | Rs 10 per executed order | Free |
| 19 | RELIGARE BROKING | 167249 | 0.50% to 0.10% | Rs. 500 |
| 20 | SMC GLOBAL | 162802 | 0.3% | Free |
Frequently Asked Questions:
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1. What is Equity Delivery Trade?
In an equity delivery trade, you buy some share and take delivery and hold them in your Demat account for some time. your can hold these share for as many days or months or year you want in your Demat account. you have complete ownership of these shares and can wait for a good opportunity of making profits. To buy a share in the delivery trade you need to have complete funds in your account.
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2. What is Equity delivery brokerage of Zerodha?
There is no brokerage for Equity delivery in Zerodha, means it is completely Free from brokerage.
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3. What is Equity delivery brokerage of 5paisa?
5paisa charges ₹20 per executed order for delivery trade. 5paisa also have multiple subscription plans which offer lower brokerage on paying fixed monthly subscription fees, 5paisa platinum Plan offers equity delivery trade at ₹10 per order by paying ₹499 per month as subscription fees, 5paisa Titanium Plan offers brokerage free equity delivery trade ( "0" Brokerage of delivery ) by paying ₹999 per month as subscription fees.
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4. What is Equity delivery brokerage of Upstox?
Upstox Charges 2.5% or up to Rs 20 per order for Equity delivery Brokerage (only apply to customers onboarded on or after 21st September 2021, Upstox is not charging any brokerage on delivery trades for customers who onboarded before 21st September 2021).
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5. What is ICICI Direct Equity delivery brokerage?
ICICI Direct charges 0.55% of volume as brokerage fees for delivery trade. ICICI Direct also have multiple subscription plans (Prime Brokerage Plan) which offer lower brokerage on paying fixed annual subscription fees, ICICI Direct Prime Plan 900 offers equity delivery trade at 0.25% of trade value by paying ₹900 per year as subscription fees, ICICI Direct Prime Plan 4500 offers equity delivery trade at the brokerage of 0.18% of trade value by paying ₹4500 per year as subscription fees, ICICI Direct Prime Plan 9500 offers equity delivery trade at the brokerage of 0.15% of trade value by paying ₹9500 per year as subscription fees.
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6. What is HDFC Securities Equity delivery brokerage?
HDFC Securities provides Equity delivery trade at brokerage rate of 0.50% or min ₹25 or ceiling of 2.5% on transaction value (Both Buy & Sell).
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7. What is Motilal oswal Equity delivery brokerage?
Motilal Oswal charges brokerage of 0.50% on equity delivery trade. Motilal Oswal also has minimum brokerage at ₹30 per order, Whatever be your trade value, you will be required to pay ₹30 as a minimum brokerage in case of delivery trade.
Motilal Oswal also offers various value pack plans and these plans can be subscribed by both new & existing customers. these value pack plans designed for customers who are regularly investing in the stock market or traders. You would be paying lower brokerage in case you subscribe to a higher value pack plan. Under these value pack plans, Motilal Oswal provides delivery trade at a brokerage rate which varies from 0.40% to 0.10% and the brokerage charges vary by brokerage plans which you select.
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8. What is Angel One Equity delivery brokerage?
There is no brokerage for Equity delivery in Angel One, means it is completely Free from brokerage.
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9. What is Edelweiss equity delivery brokerage?
Recently Edelweiss has recently launched a discount brokerage plan called edelweiss lite brokerage plan in which it offers delivery trade at brokerage fees of ₹10 per executed order. In case you want to go for Edelweiss elite plan which provides a host of research & other services and charges brokerage of 0.30% of traded value for equity delivery
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10. What is Just Trade equity delivery brokerage?
Just Trade provides Equity delivery trade at brokerage rate of 0.40% on transaction value (Both Buy & Sell).
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11. What is Anand Rathi equity delivery brokerage?
Anand Rathi provides Equity delivery trade at brokerage rate of 0.50% on transaction value (Both Buy & Sell).
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12. What is Geojit BNP Paribas equity delivery brokerage?
Geojit BNP Paribas provides Equity delivery trade at brokerage rate of 0.30% on transaction value (Both Buy & Sell).
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13. What is Nirmal Bang equity delivery brokerage?
Nirmal Bang provides Equity delivery trade at brokerage rate of 0.20% on transaction value (Both Buy & Sell).
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14. What is Sushil Finance equity delivery brokerage?
Sushil Finance provides Equity delivery trade at brokerage rate of 0.30% on transaction value (Both Buy & Sell).
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15. What is IIFL equity delivery brokerage?
IIFL provides Equity delivery trade at brokerage rate of 0.50% on transaction value (Both Buy & Sell).
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16. What is Sharekhan equity delivery brokerage?
Sharekhan provides Equity delivery trade at brokerage rate of 0.50% on transaction value (Both Buy & Sell).
User Reviews
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Bought Delivery GHCL 20 shares at Rs. 446.20 : charge details are : Brokerage 35.70 : STT 8.74 : Other charges 7.79 total 8976.23. Now only the Brokerage charge comes to 0.40%. Angel One advertises that Delivery Brokerage is FREE. So what is this Please.