BTST trade in Zerodha gives traders an opportunity to hold the stock overnight without taking actual delivery of shares. Simply learn how to do BTST in Zerodha Kite and reap the benefit of short-term trade. But wait what are BTST charges in Zerodha?
Before going ahead let’s tell you more about the BTST trade. BTST stands for Buy Today Sell Tomorrow and is a form of trade in which investors can sell the shares even before they are credited in their Demat account.
Let’s know how much Zerodha charges on BTST trades.
What is BTST Charges in Zerodha?
Here let’s recall the Zerodha brokerage. The broker charges a flat ₹20 per trade for intraday trading while Zerodha delivery charges are zero. But what are the BTST charges, as you are neither doing an intraday nor taking delivery of shares?
Well! in this case too, the broker does not impose any fees on the trader thus allowing them to trade for FREE!
However, one must consider the shortfall of delivery in the BTST trade. If that arises, then to complete the trade, the exchange auction of shares for which you have to pay Zerodha penalty charges which are around 20% of the sell value.
Also, you can gain an understanding of the fees and taxes in the table below:
Zerodha Hidden Charges
0.1% on Buy and Sell
0.015% or ₹1500 / crore on buy-side
18% on (Brokerage + SEBI charges + transaction charges)
Calculating these charges manually is not easy so you can use the online calculator to calculate brokerage and other charges on BTST trade.
You have to basic values like buying and selling price, and quantity of shares and you will get total profit or loss at the bottom of the calculator as is shown in the below screenshot.
Zerodha is one of a few discount brokers who facilitate BTST trading with no brokerage at all. If you opt to make a BTST trade with Zerodha you should have a complete list of charges you need to pay using its trading platform.