What charges apply to same-day equity delivery squaring off?
If you buy or sell stocks intending delivery but square off the position on the same day, FYERS classifies it as an intraday trade. This affects the brokerage and charges applied to your order.
How does FYERS treat same-day square-offs?
- If a delivery trade is squared off on the same day, it's automatically reclassified as intraday.
- As a result, intraday brokerage applies instead of delivery brokerage.
Charges comparison
| Trade Type | Brokerage | Notes |
|---|
| Intraday (same-day square off) | 0.03% or ₹20 per executed order (whichever is lower) | Applies to same-day trades |
| Delivery (overnight) | 0.3% or ₹20 per executed order (whichever is lower) | Applies to trades held overnight |
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If you square off a delivery position on the same day, you'll be charged intraday brokerage—even if you initially selected “Delivery” order type.
What if...
| Scenario | Outcome |
|---|
| I intended to hold the stock overnight but exited the same day | It’s treated as intraday; lower brokerage applies. |
| I sell stocks from my holdings and buy them back on the same day | Considered intraday; charges apply accordingly. |
| I don't square off manually and it auto-settles | If held till market close, it’s treated as delivery. |
Last updated: 23 Jun 2025
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