Overview of Intraday Trading Charges
Intraday trading involves multiple fees that can affect your overall profitability. It's crucial to be aware of these charges to manage your trades efficiently.
Brokerage Fees
Brokerage is the commission charged by the platform for executing trades. For intraday transactions, this fee is typically based on the volume or value of trades placed.
Transaction Charges
Transaction charges are fees levied for each buy and sell order executed. These are usually a small percentage of the trade value.
Securities Transaction Tax (STT)
STT is a government-imposed tax on the sale and purchase of securities. It is calculated as a percentage of the transaction amount.
Goods and Services Tax (GST)
GST is applied to the total of brokerage and transaction charges. The applicable rate is determined by the current tax regulations in 2025.
Stamp Duty and Other Fees
Additional charges like stamp duty and exchange fees may also apply. It's important to review these costs as part of your trading expenses.
Calculating Total Intraday Charges
To understand the total cost of intraday trading, add up all the applicable fees, including brokerage, transaction charges, STT, GST, and any other miscellaneous charges.
Conclusion
Being informed about Groww's intraday charges helps in making strategic trading decisions. Always consider these costs when planning your intraday trades to ensure better financial management.
