FYERS ensures complete transparency by clearly displaying all statutory and regulatory charges applicable to your trades. These include taxes and fees imposed by the government, SEBI, exchanges, and clearing corporations. Understanding these charges helps you calculate your total trading cost accurately.
The Investor Protection Fund Trust (IPFT) is a safety mechanism by NSE that protects investors in case of a trading or clearing member default. IPFT charges are applied to all NSE trades on both buy and sell sides.
| NSE Segment | IPFT Charges |
|---|---|
| Equity Intraday | ₹10 per crore |
| Equity Delivery | ₹10 per crore |
| Equity Futures | ₹10 per crore |
| Equity Options | ₹50 per crore |
Example: If your turnover (buy + sell) is ₹4,10,000, the IPFT charge = ₹4,10,000 × ₹10 / ₹1,00,00,000 = ₹0.41
STT and CTT are taxes imposed by the government on specific trading activities. These are automatically applied by exchanges and collected by FYERS.
| Segment | STT/CTT Rate |
|---|---|
| Equity Delivery | 0.1% on buy and sell |
| Equity Intraday | 0.025% on sell side |
| Equity Futures | 0.01% on sell side |
| Equity Options | 0.05% on sell side (premium) |
| Commodity Futures | 0.01% on sell side |
| Commodity Options | 0.05% on sell side (premium) |
The SEBI Turnover Fee is a nominal regulatory charge applied to all trades to support market regulation and investor protection.
GST at 18% is applied to brokerage and transaction-related fees, including exchange and clearing member charges. It is not applied to SEBI fees, STT/CTT, or Stamp Duty.
Example: If Brokerage = ₹20 and Transaction Charges = ₹10, total = ₹30. GST = 18% of ₹30 = ₹5.40. Final = ₹35.40.
Clearing Members settle and clear all executed trades through the clearing corporation (like NSCCL or ICCL). Their charges are included in the “Transaction Charges” section of your contract note.
Here are common scenarios across all statutory charges and how they apply:
| Scenario | Outcome |
|---|---|
| I place only a buy order on NSE | IPFT and STT apply to the buy side as per turnover. |
| I trade options on NSE | IPFT at ₹50 per crore and STT on premium apply on the sell side. |
| I trade only on BSE | No IPFT is charged, as it applies only to NSE trades. |
| I buy and sell delivery shares | STT applies on both buy and sell sides. |
| I cancel my order before execution | No SEBI or IPFT fee applies for unexecuted trades. |
| My MTF borrowing is under ₹1,000 | No interest is charged, but GST applies on applicable fees. |
| I do not see CM charges separately | They are grouped under “Transaction Charges” in your contract note. |
| I trade high volumes | SEBI fees and IPFT scale linearly based on total turnover. |
| I use FYERS for intraday trading | STT applies on sell side only, while SEBI and GST apply as usual. |
Last updated: 10 Oct 2025