Flattrade Brokerage Calculator
Calculate Flattrade's brokerage, STT, GST, exchange charges, and DP charges for your trade — instantly, with no signup.
No state selector: since a 2020 amendment to the Indian Stamp Act, stamp duty on securities transactions is a single nationwide rate — it no longer varies by the trader’s state. Only how the revenue is distributed between states differs, not the rate you pay.
Total charges
₹251.23
Net P&L
₹4,748.77
Breakeven price
₹1,002.51
- Brokerage
- ₹0.00
- STT
- ₹205.00
- Exchange charges
- ₹6.29
- SEBI fees
- ₹0.21
- Stamp duty
- ₹15.00
- GST
- ₹1.13
- DP charges
- ₹23.60
- Gross P&L
- ₹5,000.00
- Brokerage is genuinely ₹0 (NIL) across delivery, intraday, futures, and options — confirmed directly from flattrade.in/charges/, with no per-order fee hidden behind the 'zero brokerage' label the way some other brokers structure a low-but-nonzero flat fee. Regardless, STT, exchange transaction charges, SEBI fees, stamp duty, and 18% GST (on DP charges and any non-brokerage service fees) still apply to every trade, same as any broker — 'zero brokerage' is not 'zero charges'.
- Unlike brokerage, account opening is NOT free: ₹200 + GST for the trading account plus a ₹175 (GST-inclusive) DDPI charge for the demat account, confirmed directly from Flattrade's own charges page — a real upfront cost despite the zero-brokerage positioning.
- DP charge is ₹20 + 18% GST (₹23.6), confirmed directly from Flattrade's support article on DP charges. It's billed per debit instruction rather than once per scrip per day — similar to Dhan on this list — so a trader who splits a delivery sell into multiple orders placed more than ~3 minutes apart on the same day is charged this fee multiple times.
- Broking AMC and DP AMC are both confirmed ₹0/year, per Flattrade's own charges page.
- Flattrade is an independent company (founded 2004 as Fortune Capital Services, relaunched as Flattrade in 2020) — it is NOT part of Finvasia, despite a similar zero-brokerage positioning to Shoonya on this list; the two are unrelated companies with different owners.
- Manually verified against flattrade.in directly by the site owner on 2026-07-22 — the ₹0 brokerage across all segments, the ₹200+GST account-opening fee, and the ₹175 DDPI charge are all confirmed accurate as modeled, no changes needed.
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About Flattrade
- Founded
- 2004
- Broker type
- discount
- Parent company
- Flattrade Broking Private Limited
Flattrade began in 2004 as Fortune Capital Services, a Chennai-based brokerage founded by K. Narayana Moorthy, before rebranding and relaunching as Flattrade in 2020 with a zero-brokerage model built specifically to compete with the newer wave of discount brokers. Flattrade is an independent company — despite sharing a similar zero-brokerage positioning with Shoonya on this list, the two are unrelated; Flattrade has no ownership connection to Finvasia.
Flattrade's brokerage really is ₹0 across every segment — equity delivery, intraday, futures, options, commodities, and currency — confirmed directly from Flattrade's own charges page, with no per-order fee hiding behind the zero-brokerage label. But 'zero brokerage' only describes one line item: account opening carries a real one-time cost, DP charges apply on delivery sells, and every trade still carries the same government taxes and exchange fees any broker's customer pays, regardless of what the broker itself charges.
Flattrade's charge structure
This calculator models Flattrade's confirmed structure: ₹0 brokerage across delivery, intraday, futures, and options — no per-order fee at all, unlike some other 'low-cost' brokers on this list that charge a small flat fee despite similar zero-brokerage marketing. DP charge is modeled as ₹20 + 18% GST (₹23.6) per scrip, confirmed directly from Flattrade's own support article, which also clarifies it's billed per debit instruction rather than once per scrip per day — a trader who places multiple delivery sell orders more than a few minutes apart on the same day is charged this fee multiple times. Regardless of zero brokerage, STT, exchange transaction charges, SEBI fees, stamp duty, and GST on non-brokerage service fees all still apply, same as any broker on this list.
| Trade type | Brokerage |
|---|---|
| Equity delivery | ₹0 (zero brokerage) |
| Equity intraday | ₹0 (zero brokerage) |
| F&O futures | ₹0 (zero brokerage) |
| F&O options | ₹0 (zero brokerage) |
| DP charge (delivery sell only) | ₹23.60 per scrip |
Flattrade: pros & cons
Pros
- Genuinely ₹0 brokerage across every trading segment — delivery, intraday, futures, and options — with no per-order fee hidden behind the zero-brokerage positioning, confirmed directly from Flattrade's own charges page.
- Both broking AMC and DP AMC are confirmed ₹0/year — no recurring account-holding cost on top of the zero brokerage.
- An independent, non-VC-dependent company with a two-decade operating history under its original Fortune Capital Services name before rebranding — longer institutional continuity than several newer zero-brokerage entrants.
- No subscription or access fee is charged to use the zero-brokerage pricing, unlike some other low-cost brokers that gate their best rates behind a paid plan.
Cons
- Account opening is NOT free — ₹200 + GST for the trading account plus a separate ₹175 (GST-inclusive) DDPI charge for the demat account, a real upfront cost that contrasts with the zero-brokerage headline.
- DP charges are billed per debit instruction rather than once per scrip per day — splitting a delivery sell into multiple orders spaced more than a few minutes apart on the same day multiplies this fee, similar to Dhan on this list.
- Smaller brand recognition than the larger discount brokers on this list (Zerodha, Groww, Angel One), despite Flattrade's underlying company having operated since 2004 under its original name.
- As with any zero-brokerage broker, government taxes, exchange charges, and DP fees still apply on every trade — 'zero brokerage' shouldn't be read as 'zero cost.'
How to open a Flattrade account
- 1Keep your PAN card, a proof of identity/address (Aadhaar, voter ID, driving licence, or passport), and a cancelled cheque or bank statement ready.
- 2Complete Flattrade's online account-opening form and verify your identity via Aadhaar-based e-KYC.
- 3Upload a photograph and complete eSign (Aadhaar OTP) to digitally sign the account-opening agreement.
- 4If you plan to trade F&O, you'll additionally need income/net-worth proof (a recent ITR acknowledgment, Form 16, 6-month bank statement, or a CA-certified net-worth certificate).
- 5Once verified, your trading and demat account is activated — budget for the ₹200+GST trading account fee and ₹175 (GST-inclusive) demat DDPI charge, confirmed directly from Flattrade's own charges page, since these aren't waived despite the zero-brokerage model.
Ready to open an account with Flattrade?
Open a Flattrade accountFrequently asked questions
Is Flattrade really zero brokerage?
Yes — confirmed directly from Flattrade's own charges page, brokerage is ₹0 across equity delivery, intraday, futures, and options, with no per-order fee hidden behind the label. Account opening (₹200+GST plus a ₹175 DDPI charge), DP charges on delivery sells, and standard government taxes/exchange fees all still apply on top, though.
Is Flattrade owned by Finvasia?
No — despite a similar zero-brokerage positioning to Finvasia's Shoonya platform, Flattrade is an independent company with no ownership connection to Finvasia. Flattrade traces back to Fortune Capital Services, founded in 2004 by K. Narayana Moorthy, before rebranding as Flattrade in 2020.
Does Flattrade charge account opening fees?
Yes — ₹200 + GST for the trading account, plus a separate ₹175 (GST-inclusive) DDPI charge for the demat account, confirmed directly from Flattrade's own charges page. This is a real upfront cost despite the zero-brokerage headline; Flattrade's AMC, by contrast, is confirmed ₹0 for both the broking and DP accounts.
What are Flattrade's DP charges?
₹20 + 18% GST (₹23.6), confirmed directly from Flattrade's own support documentation. It's billed per debit instruction, not once per scrip per day — so splitting a delivery sell into multiple orders placed more than a few minutes apart on the same day incurs this charge multiple times, similar to how Dhan bills DP charges on this list.
How long has Flattrade been operating?
The Flattrade brand and zero-brokerage model launched in 2020, but the underlying company traces back to 2004 as Fortune Capital Services, founded by K. Narayana Moorthy and headquartered in Chennai — longer institutional continuity than the 2020 rebrand alone suggests.
Related reading: Trading Charges Explained: STT, GST, Stamp Duty & Every Fee on Your Trade
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