Option Trading Charges in India: Know How Much You Actually Pay

Option trading is full of risks. Very few traders actually make profits here. But even the profit you earn gets reduced due to brokerage and taxes—and in many cases, these charges increase the losses too.

So, do you know how much you are charged in option trading?

If not, let’s understand the types of charges involved and how they are calculated.

What Are Option Trading Charges

Option trading is done in equity stocks, indices, commodities, and currencies, and all these are traded in lots in the options market. For example:

• One Nifty lot has 50 units
• One Infosys lot has 400 shares

Lot sizes can change from time to time, but a trader must trade at least one lot—whether buying or selling.

Now, let’s understand how much it costs to trade one lot and what different brokers charge in terms of brokerage.

Zerodha Option Charges

Zerodha is a popular discount broker that charges a fixed fee per trade. For option trading, Zerodha charges ₹20 per order.

Zerodha Option Charges:

| Option Trading Brokerage | ₹20 per order |

Groww Option Charges

Groww, which now has the highest number of users, also charges ₹20 per trade. However, on the Groww platform, you can trade only in equity and currency options.

See the table below for details:

Groww Option Charges:

| Option Trading Brokerage | ₹20 per order |

Upstox Option Brokerage Charges

Upstox is another well-known discount broker offering an advanced trading platform. It also provides an option chain where you can view premium, delta, theta, and other option Greeks.

The best part? It charges no extra fees for these features and provides option trading at a discount brokerage rate.

Upstox Option Charges:

| Option Trading Brokerage | ₹20 per order |

Motilal Oswal Option Brokerage

Now let’s talk about Motilal Oswal, one of India’s leading full-service stock brokers. Apart from a trading platform, it also provides trading tips to help you take the right position.

However, in terms of brokerage, it charges you per lot, not per trade.

So, if you trade 10 lots, you will pay ₹200 (₹20 × 10 lots), whereas with discount brokers, you would pay only ₹20 per order regardless of lot size.

Motilal Oswal Option Charges:

| Option Trading Brokerage | ₹20 per lot |

Angel One Option Brokerage

Lastly, let’s look at Angel One, a hybrid broker that gives you both advisory services and trading tips but charges like a discount broker.

Here’s the table for Angel One’s charges:

Angel One Option Charges:

| Option Trading Brokerage | ₹20 per order |

What Taxes Are Applied in Option Trading?

Along with brokerage, there are other charges like STT, GST, transaction charges, and more. These taxes apply on every trade—whether you make profit or loss.

See the complete list of taxes in the table below:

Option Trading Taxes:

Tax Type	Rate
STT (Securities Transaction Tax)	0.0625%
Transaction Charges	0.05%
Stamp Duty	0.003% (on premium)
SEBI Charges	0.0001%
GST	18% (on brokerage & transaction charges)

Conclusion

If you’re planning to start option trading, your first priority should not be just picking the right option contract—but also choosing the right broker who charges less and provides better service.

Also, don’t forget to check details about trading apps and platforms.