Espresso charges a lower of Rs 20 or 0.03% of trade value as the brokerage for Intraday and Futures transactions and Rs 20 per order for Options transactions.
You need to pay brokerage on both legs only when you make a profit, as Espresso charges zero brokerage on the Intraday square-off leg in case of loss.
Espresso intraday trades should be squared-off by 3.10 PM, failing which Espresso initiates auto square off for the open trades, for which it charges a penalty of Rs 50 per order.
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