What Are the Statutory Charges on Trades at FYERS (STT, GST, SEBI Turnover Fee, IPFT, etc.)?

What Are the Statutory Charges on Trades at FYERS (STT, GST, SEBI Turnover Fee, IPFT, etc.)?

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.

Investor Protection Fund Trust (IPFT) Charges

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 SegmentIPFT 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

GST of 18% is applicable on IPFT charges.

Securities and Commodities Transaction Tax (STT/CTT)

STT and CTT are taxes imposed by the government on specific trading activities. These are automatically applied by exchanges and collected by FYERS.

SegmentSTT/CTT Rate
Equity Delivery0.1% on buy and sell
Equity Intraday0.025% on sell side
Equity Futures0.01% on sell side
Equity Options0.05% on sell side (premium)
Commodity Futures0.01% on sell side
Commodity Options0.05% on sell side (premium)

SEBI Turnover Fee

The SEBI Turnover Fee is a nominal regulatory charge applied to all trades to support market regulation and investor protection.

  • Rate: ₹10 per crore of turnover
  • Applicable on: All segments (Equity, Derivatives, Commodities, and Currency)

Goods and Services Tax (GST)

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 Member (CM) Charges

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.

Tip: You can verify all statutory costs before trading using the FYERS Brokerage Calculator.

What If...

Here are common scenarios across all statutory charges and how they apply:

ScenarioOutcome
I place only a buy order on NSEIPFT and STT apply to the buy side as per turnover.
I trade options on NSEIPFT at ₹50 per crore and STT on premium apply on the sell side.
I trade only on BSENo IPFT is charged, as it applies only to NSE trades.
I buy and sell delivery sharesSTT applies on both buy and sell sides.
I cancel my order before executionNo SEBI or IPFT fee applies for unexecuted trades.
My MTF borrowing is under ₹1,000No interest is charged, but GST applies on applicable fees.
I do not see CM charges separatelyThey are grouped under “Transaction Charges” in your contract note.
I trade high volumesSEBI fees and IPFT scale linearly based on total turnover.
I use FYERS for intraday tradingSTT applies on sell side only, while SEBI and GST apply as usual.
Important: All statutory and regulatory charges are passed directly to the respective authorities. FYERS does not retain any portion of these fees.

Last updated: 10 Oct 2025