Short answer

Brokerage on Arrow (trading member: iRage Broking Services LLP) is charged per the client Tariff Sheet. Statutory levies (STT/CTT, exchange transaction charges, SEBI charges, stamp duty, GST, IPFT, and similar) are charged separately as notified by the exchanges, SEBI, and depositories.

Equity (Capital Market)

TypeBrokerage
DeliveryNil
Intraday (square-up)₹20 or 0.03% per executed order, whichever is lower

Futures & Options

TypeBrokerage
Futures₹20 or 0.03% per executed order, whichever is lower
Options₹20 per executed order

Brokerage is also charged on expired, exercised, and assigned F&O contracts, as stated in the Tariff Sheet.

Physical delivery

Physical delivery brokerage on F&O settlement is Nil under the current Tariff Sheet (statutory charges still apply).

Currency

TypeBrokerage
Futures₹20 or 0.03% per executed order, whichever is lower
Options₹20 per executed order

Commodity

TypeBrokerage
Futures₹20 or 0.03% per executed order, whichever is lower
Options₹20 per executed order

Other Arrow charges (examples)

ParticularAmount
Duplicate contract note₹20 per contract note
Bounced cheque / stop payment₹350 per instance

A minimum brokerage of ₹0.01 (1 paise) per segment per contract may apply where the stated brokerage is 0.

Things to keep in mind

  • Depository Participant (DP) / demat debit charges apply when securities are sold from your demat account — see DP charges.
  • Brokerage will not exceed rates permitted by SEBI and the exchanges.
  • iRage Broking Services LLP (Arrow) may revise brokerage and other tariff with intimation to clients.

For the latest published rates, also see Pricing on arrow.trade.

Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift City, Gandhinagar.