Flat ₹4 per executed order. Across every segment.
Not a promotion. Not a first-year discount. Our standard active-trader plan. Statutory charges at actuals; GST extra. The rest is transparent.
| Segment | Brokerage |
|---|---|
| Equity delivery | ₹0 |
| Equity intraday | ₹4 / order |
| Equity futures | ₹4 / order |
| Equity options | ₹4 / order |
| Currency futures | ₹4 / order |
| Currency options | ₹4 / order |
| Commodity (MCX) | ₹4 / order |
| Mutual funds (direct) | ₹0 |
| IPO & OFS | ₹0 |
| Account opening | ₹0 |
| Annual maintenance (AMC) | ₹300 / year |
| Trading API (XTS) | Free · unlimited |
| Call & trade | ₹0 |
| Physical statements | On request |
Brokerage will not exceed the SEBI-prescribed ceiling. Statutory charges (STT/CTT, Exchange txn charges, SEBI turnover fee, GST @18%, Stamp duty) are levied at actuals and are separate from brokerage. Volume-tier and per-lot pricing available for prop desks and institutional clients on request.
Statutory & other charges
Drag the slider. Watch what you save.
Set your typical orders-per-day and compare. Every flat-₹20 broker charges 5× what we do - across intraday, F&O, currency and commodity. The math compounds fast.
- 1×Each order is 5× cheaper the moment it’s placed.
- 22×Savings multiply across 22 trading days every month.
- 264×A full year of sessions becomes a serious line item back in your P&L.
Questions we get asked by week two.
How is ₹4 possible when everyone else charges ₹20?+
We’re a full-service broker that runs our own tech stack (XTS), our own research desk, and our own clearing - no white-labelled middle layer. Our cost of processing an order is materially lower. We pass that on.
Are there hidden subscription fees or monthly minimums?+
No. No monthly minimums, no inactivity fees, no subscription tiers. ₹4 per order, ₹300 AMC per year, ₹0 on delivery and mutual funds. Statutory charges are pass-through at cost.
Is the XTS API really free, forever?+
Yes. Unlike Zerodha Kite Connect (₹2,000/month), our XTS Interactive API and Market Data API are free for all account holders. Email algo@acagarwal.com from your registered email ID to activate within 24 hours.
What’s the catch?+
There isn’t one. We optimise for trader lifetime value and advisory, not per-order extraction. Brokerage will never exceed the SEBI-prescribed ceiling.
Can I get a lower rate if I’m a volume trader?+
Yes. Prop desks and institutional volume clients should write to our sales team - there is a per-lot plan and a volume-tier plan that can go below ₹4.