Sykes & Ray is renowned for its transparent and cost-effective fee structure. The Sykes & Ray charges and fees are pivotal considerations for investors navigating the financial markets.

Investors appreciate the affordable brokerage fees on equity investments. However, Sykes & Ray fees are very nominal on other services such as intraday trading and F&O contracts.

In this article, we will comprehend the Sykes & Ray pricing structure, which includes transaction charges, STT, GST & any hidden fees associated.

Top Plan Standard Plan
Broker Type Full Service Broker
Account Opening Charges Free
AMC Rs.500 per Year
Delivery Charges 0.40% of Transaction Value
Intraday Charges 0.04% of Transaction Value

Sykes & Ray Brokerage Charges or Brokerage Fees

Brokerage Plan

Standard Plan

Subscription Charges

Zero

Equity Delivery

0.40% of Transaction Value

Equity Intraday

0.04% of Transaction Value

Equity Future

0.04% of Transaction Value

Equity Option

Rs.35 per Lot

Commodity Future

0.02% of Transaction Value

Commodity Option

Rs.25 per Lot

Currency Future

0.02% of Transaction Value

Currency Option

Rs.25 per Lot

Sykes & Ray Account Opening Charges or Fees

Account Opening Charges

Free

Annual Maintenance Charges (AMC)

Rs.500 per Year

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Sykes & Ray Hidden Charges or Fees

SEBI Turnover Charges

Rs.10/ Crore (All Segment)

DP Charges

Rs.25 per Scrip on Sell

GST

18% on (Brokerage + SEBI + Transaction charges)

Account Closure Charges

Nil

Reactivation Charges

Nil

Dematerialisation Charges

Rs.15 per Certificate

Call & Trade Charges

Free

Sykes & Ray Transaction Charges or Fees

Equity Delivery

0.00325% (NSE) & 0.00375% (BSE)

Equity Intraday

0.00325% (NSE) & 0.00375% (BSE)

Equity Future

0.0019% (NSE & BSE)

Equity Option

0.05% (on premium)

Commodity Future

0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)

Commodity Option

0.05% (Non Agri)

Currency Future

0.0009% (NSE) & 0.00025% (BSE)

Currency Option

0.035% (NSE) & 0.001% (BSE)

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Sykes & Ray STT & CTT Charges or Fees

Equity Delivery

0.1% on buy & sell

Equity Intraday

0.025% on sell

Equity Future

0.0125% on sell

Equity Option

0.125% on buy, 0.0625% on sell

Commodity Future

0.01% on sell

Commodity Option

0.05% on sell

Currency Future

Nil

Currency Option

Nil

Sykes & Ray Stamp Duty Charges or Fees

Equity Delivery

0.015% on buy

Equity Intraday

0.003% on buy

Equity Future

0.002% on buy

Equity Option

0.003% on buy

Commodity Future

0.002% on buy

Commodity Option

0.003% on buy

Currency Future

0.0001% on buy

Currency Option

0.0001% on buy

Sykes & Ray Pledge Charges or Fees

Pledge Creation Charges

Rs.15 per Request

Pledge Invocation Charges

Rs.15 per Request

Interest on Margin Trading

0.049% per day

Customer ratings and reviews of Sykes & Ray Charges

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