Mirae Asset's app-first broker — free delivery by default, ₹5 per order on intraday & F&O (or upgrade to zero-brokerage-for-life for a one-time fee).
Trade details
Delivery
Intraday
Futures
Options
₹
₹
I haven't sold yet (buy-side only)
Cost breakdown
Net P&L after all charges
₹0.00
Breakeven price: ₹0.00
About the m.Stock (Mirae) brokerage calculator
m.Stock, from Mirae Asset, offers free brokerage on equity delivery, mutual
funds, ETFs and IPOs by default — matching Zerodha and Dhan on delivery cost. Intraday, futures and
options on the default plan are charged at a flat ₹5 per executed order, among the lowest in the
industry. m.Stock also offers a one-time ₹999 lifetime upgrade that removes brokerage entirely across
all segments — a unique model not offered by other brokers in this calculator. There is no annual demat
AMC on the standard account.
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PRACTICAL TIP
m.Stock's ₹5 flat fee on intraday and F&O is a quarter of the ₹20 most brokers charge — for
a high-frequency trader placing dozens of orders a week, this adds up to meaningful savings over a
year. If you trade enough volume that even ₹5/order matters, the one-time ₹999 lifetime
zero-brokerage upgrade can pay for itself quickly; do the breakeven math against your expected
order count before paying for it.
Worked example — Intraday: 100 shares, ₹1,000 → ₹1,010
On a 100-share intraday trade bought at ₹1,000 and sold at ₹1,010 through m.Stock (Mirae), the
brokerage component comes to ₹10.00 and total charges
across brokerage, STT, exchange fees, SEBI fee, stamp duty and GST add up to
₹47.32. On a gross profit of ₹1,000 (before charges), that
leaves a net P&L of ₹952.68 — run your own numbers in the
calculator above for any price, quantity or segment.
Delivery brokerage shown is the round-trip charge (buy + sell legs combined) on a ₹1,00,000 turnover trade, for like-for-like comparison — see each broker's own page for their exact formula.
Frequently asked questions
Is m.Stock really free brokerage on delivery?
Yes, on the default plan, m.Stock charges ₹0 brokerage on equity delivery, mutual funds, ETFs and IPOs. You still pay statutory charges (STT, exchange fees, SEBI fee, stamp duty) and a DP charge on delivery sells.
What does m.Stock charge for intraday and F&O on the default plan?
The default m.Stock plan charges a flat ₹5 per executed order on intraday, futures and options — a quarter of the ₹20 most discount brokers charge.
What is the m.Stock ₹999 lifetime plan?
m.Stock offers a one-time ₹999 upgrade that removes brokerage entirely across all segments (delivery, intraday, futures, options) for the life of the account, rather than charging per-order fees on F&O.
Does m.Stock charge AMC?
No, m.Stock charges ₹0 annual maintenance charge on its standard demat account.
Free tools for before and after this trade
Plan the position, size the risk, and price the option — part of Accelpix's free 18-tool trader suite.
This calculator is built for educational and estimation purposes, referencing publicly available SEBI, NSE, BSE and MCX circulars along with each broker's published rate card. Actual charges on your contract note may vary.
01Securities Transaction Tax (STT)
STT is levied by the Government of India under the Securities Transaction Tax Act, 2004, and collected by the exchange on every executed trade. Equity delivery attracts 0.1% on both buy and sell legs; equity intraday attracts 0.025% on the sell leg only. Futures attract 0.05% on the sell-side turnover and options attract 0.15% on the sell-side premium, per the rates effective 1 April 2026 (Union Budget 2026-27). STT is non-refundable and applies irrespective of profit or loss.
02Exchange transaction charges
NSE and BSE levy transaction charges on turnover to fund exchange operations and infrastructure, as specified in their respective circulars. These charges differ by segment (equity, futures, options) and are charged to the broker, who passes them through to the client. Rates are revised periodically by the exchange and published on nseindia.com and bseindia.com.
03SEBI turnover fees
Under SEBI (Regulation of Fees) regulations, a turnover fee of ₹10 per crore (0.0001%) is charged on the total transaction value to fund SEBI's regulatory functions. This is a flat statutory levy uniformly applied across all brokers and segments.
04Stamp duty
Stamp duty on securities transactions is levied under the Indian Stamp Act, 1899, as amended by the Finance Act, 2019, and is charged uniformly pan-India on the buy-side consideration, collected by the depository/exchange. Rates: 0.015% for equity delivery, 0.003% for intraday and options premium, and 0.002% for futures.
05GST
Goods and Services Tax at 18% is levied on brokerage and on exchange transaction & SEBI charges (the "taxable services" component), under the CGST/SGST or IGST Act depending on the client's registered state. GST is not applicable on STT, stamp duty, or the SEBI turnover fee itself, as these are statutory levies, not services.
06DP (Depository Participant) charges
When you sell shares held in your demat account, your Depository Participant (broker) levies a DP charge (typically ₹13–₹25 + GST per scrip, per day), payable to CDSL/NSDL for debiting securities from your demat account. This is separate from brokerage and applies only on delivery sells, not on intraday or F&O trades.
Disclaimer: Figures shown by this calculator are estimates based on publicly published broker rate cards and SEBI/exchange circulars believed accurate as of June 2026. Brokerage plans, STT, exchange transaction charges, SEBI fees and stamp duty rates are subject to change by the respective broker, exchange, SEBI or the Government of India without notice. Accelpix is an NSE-authorized data vendor and does not act as a stockbroker, investment adviser, or research analyst. Nothing on this page constitutes investment advice, a recommendation to trade with any particular broker, or a guarantee of charges that will appear on your contract note. Always verify exact charges with your broker's official rate card and your daily contract note before making trading decisions. Trading in equity, derivatives and commodities involves risk of financial loss.
