Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Alice Blue charges ₹15 + GST per transaction for pledging and unpledging of MTF positions. This charge applies each time you pledge securities when buying on MTF, and again when you unpledge (close/convert the position). Pledging is a SEBI-mandated requirement for all MTF positions, ensuring that the stocks purchased with borrowed funds are properly collateralised in the depository system. Unlike some brokers, Alice Blue does not require DDPI (Demat Debit and Pledge Instruction) to be activated for MTF pledging.
