Pricing.

List of all charges and taxes

$4.9

Stock Trading Fees

All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.

$19.95

Mutual Funds

Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades. Flat ₹20 on all option trades.

$9.95

Options Trading

All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges.

Charges for account opening

Online account

FREE

Offline account

FREE

Wire Transfers

$ 25

First $1 million

1.00% Annually

Charges explained

Stock Trading Fees

Equities (Stocks):

Commission: $4.95 per trade
This is the flat fee Vertex charges every time you buy or sell stocks. For example, if you place an order to purchase 100 shares of a company, the cost of the trade will be $4.95 regardless of the value of the stock. This fee is competitive compared to industry standards, making it affordable for both occasional and frequent traders.
Real-Time Quotes: Free
Real-time quotes provide up-to-the-second stock prices, allowing you to make timely trading decisions. Vertex offers this service free of charge, ensuring you have access to the latest market data without additional fees.
Margin Rates: Starting at 7.25% APR
Margin trading allows you to borrow money from Vertex to buy more stock than you could with just your own funds. This loan comes with an interest rate, which is the Annual Percentage Rate (APR). The starting rate of 7.25% applies to clients with certain account balances, and it may vary based on how much you borrow.

Mutual Funds

Load Funds:

Transaction Fee: $0
Load funds are mutual funds that come with a sales charge (also known as a "load") paid to the fund provider, not to Vertex. When you invest in load mutual funds, Vertex charges no additional fee because it is compensated by the fund company itself.

No-Load Funds:

Transaction Fee: $19.95 per trade
No-load mutual funds don't carry a sales charge, but Vertex charges a transaction fee of $19.95 whenever you buy or sell a no-load fund. This fee is used to cover the administrative costs of executing the trade.
Fund Research Tools: Free
Vertex provides powerful research tools to help you analyze and compare mutual funds before investing. These tools allow you to review performance histories, risk levels, fees, and manager profiles, all free of charge.

Options Trading

Commission:

$4.95 per trade + $0.75 per contract
Options trading involves buying or selling contracts that give you the right, but not the obligation, to buy or sell an asset at a specific price. For each options trade, you pay a base commission of $4.95, plus $0.75 for each individual contract involved in the trade. For example, if you purchase 10 options contracts, your fee would be $4.95 + (10 × $0.75) = $12.45.

Exercise/Assignment Fee: $9.95 per transaction
If you decide to exercise an options contract (i.e., use the right granted by the contract to buy or sell the underlying asset), or if the contract is assigned to you (forcing you to fulfill the terms), there is a $9.95 fee per exercise or assignment.

Initial Public Offerings (IPOs)

IPO Subscription Fee: $0
Vertex provides access to new IPOs (Initial Public Offerings) at no cost. You can subscribe to IPOs (buy shares before they are publicly traded) through Vertex’s platform, and there are no subscription fees. Vertex aims to give clients the opportunity to invest in high-potential companies at the early stages.

Account Fees

Account Minimum: $0
Vertex does not require a minimum balance to open or maintain a brokerage account, making it accessible for all types of investors, whether you’re just starting out or are an experienced trader.

Inactivity Fee: $0
There is no penalty if you don’t make trades for an extended period. Many brokers charge inactivity fees if you’re not actively trading, but at Vertex, you won’t be penalized for inactivity.

Annual Account Maintenance Fee: $0
Unlike some brokers that charge annual fees to keep your account active, Vertex offers free maintenance on standard brokerage accounts, helping you avoid additional costs.

Additional Services

Wire Transfers: $25 per transfer
A wire transfer fee of $25 is charged if you need to send money from your Vertex account to another financial institution via wire. This is a standard fee across the industry, used to cover the costs of electronic funds transfer.

Paper Statements: $2.50 per statement
If you prefer to receive physical copies of your account statements, a fee of $2.50 per statement is charged. However, e-statements (digital copies sent to your email or available in your account portal) are completely free, promoting a more environmentally friendly and cost-effective option.

Check Withdrawals: $5 per check
If you request a withdrawal from your account in the form of a physical check, a $5 processing fee is applied. Many clients choose electronic withdrawals (which are typically free) to avoid this fee.

Account Transfers (ACAT): $75 per transfer
If you decide to transfer your entire account to another brokerage firm, Vertex charges a $75 fee for the transfer. This covers administrative costs and the actual transfer process (Automated Customer Account Transfer, or ACAT). Many brokers have similar fees.

Wealth Management Fees

Advisory Fees: For clients using Vertex Wealth Guard for wealth management, the fee is based on Assets Under Management (AUM), meaning the amount of money Vertex is managing on your behalf.

First $1 million: 1.00% annually
For assets under $1 million, Vertex charges an annual fee of 1.00%. This fee is prorated and billed quarterly, so if you have $500,000 under management, your fee would be $5,000 per year or about $1,250 per quarter.
Next $2 million: 0.75% annually
For clients with more than $1 million but less than $3 million, the fee for the next $2 million of assets drops to 0.75% annually. For example, if you have $2 million managed by Vertex, the fee for the first $1 million is 1%, and for the second million, it’s 0.75%.
Above $3 million: 0.50% annually
If you have more than $3 million under management, the fee for any amount over that threshold is 0.50%. This tiered structure allows for reduced fees as your managed assets increase.

Securities/Commodities transaction tax

Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.

When trading at Zerodha, STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.

Transaction/Turnover Charges

Charged by exchanges (NSE, BSE, MCX) on the value of your transactions.

BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to ₹10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)

BSE has revised transaction charges in SS and ST groups to ₹1,00,000 per crore of gross turnover.

BSE has revised transaction charges for group A, B and other non exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at ₹375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.

BSE has revised transaction charges in M, MT, TS and MS groups to ₹275 per crore of gross turnover.

Call & trade

Additional charges of ₹50 per order for orders placed through a dealer at Zerodha including auto square off orders.

Stamp charges

Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.

NRI brokerage charges

₹100 per order for futures and options.
For a non-PIS account, 0.5% or ₹100 per executed order for equity (whichever is lower).
For a PIS account, 0.5% or ₹200 per executed order for equity (whichever is lower).
₹500 + GST as yearly account maintenance charges (AMC) charges.

Account with debit balance

If the account is in debit balance, any order placed will be charged ₹40 per executed order instead of ₹20 per executed order.

Charges for Investor's Protection Fund Trust (IPFT) by NSE

Equity and Futures - ₹10 per crore + GST of the traded value.
Options - ₹50 per crore + GST traded value (premium value).
Currency - ₹0.05 per lakh + GST of turnover for Futures and ₹2 per lakh + GST of premium for Options.

Open Your Demat Account Today!

Unlock the full potential of your investments with a Vertex Demat account. Whether you're trading stocks, mutual funds, or participating in IPOs, our seamless and secure platform makes managing your portfolio easier than ever.

Start your financial journey with a trusted partner. Take control of your investments with Vertex and experience the difference.

Ready to Invest?

Open Your Demat Account Today!

Start your financial journey with a trusted partner. Take control of your investments with Vertex and experience the difference.

Ready to Invest?

Open Your Demat Account Today!

Start your financial journey with a trusted partner. Take control of your investments with Vertex and experience the difference.

Ready to Invest?

Open Your Demat Account Today!

Start your financial journey with a trusted partner. Take control of your investments with Vertex and experience the difference.

Ready to Invest?

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