Short answer

On Arrow (iRage Broking Services LLP), equity delivery brokerage is Nil. If you still see brokerage on what you thought was a delivery trade, the order was likely treated as intraday (square-up).

Intraday brokerage is ₹20 or 0.03% per executed order, whichever is lower.

When intraday charges can apply

Same scrip bought and sold in one session

Example: you buy 10 shares of ITC at 10:00 AM and sell them at 2:00 PM the same day. Even if you used a delivery product type, same-day square-up is charged as intraday.

Sell from demat and buy back the same day

Example: you hold 100 Infosys shares in demat, sell 50 at 11:00 AM, and buy 25 back at 1:00 PM. Intraday brokerage can apply on the executed orders that form the square-up.

What to do next

  1. Check the contract note / trade book for product type and buy–sell pairing.
  2. Review brokerage charges.
  3. If something still looks wrong, contact Arrow support with the order IDs.

Broker details

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