Know the number before you quote. Scrip broker fees, one flat 0.50%.
One rate, at every desk size. Scriphouse charges 0.50% of the value that settles, plus 18% GST on that fee, once per settled trade. No subscription, no listing fee, no minimum, and no volume tier to reach. What you charge your own client is yours, and we never reach into it.
Three parties. One line each.
A desk carries two other people's money and has to be able to answer this without checking. So here it is in full, before any of the detail below it.
Nothing on their first settled trade on that IEC: zero commission, zero processing. After that, 0.50% of face value plus 18% GST, taken from the proceeds of a settled trade. And nothing at all, ever, on a trade you priced yourself.
No spread on their first cover on that IEC: they pay the seller's price with nothing added. After that, a spread over the seller's bid, shown in full before they approve, with the ask capped at face. And nothing at all on a trade you priced yourself.
Nothing when a client trades at a price Scriphouse made. 0.50% of the value that settles plus 18% GST, once, when you set both prices yourself. It comes out of your spread.
Untouched, on either route. What you charge your client is between you and your client. Scriphouse does not see it, does not set it, and takes no share of it.
A trade is one route or the other. It is never both.
Everything above follows from one distinction: who made the price. It decides who our customer is on that trade, and therefore who we charge. The two never stack on one trade.
Route one: your client trades at a Scriphouse price
You bring the client, we price the scrip, and the client is the one we charge. This is the standard fee, the same one every exporter and importer on Scriphouse pays, and it is set out in full on the pricing page.
- Their first is free. The first settled trade on each IEC carries no commission on a sale and no spread on a cover. Once per IEC, not once per account.
- Then the standard fee. 0.40% of the value that settles plus 18% GST on the sell leg, out of proceeds. A spread over the seller's bid on the buy leg, shown before they approve.
- Only on settlement. Nothing is charged for a quote, a listing, or an offer that expires.
- Your commission is separate. Whatever you have agreed with your client sits on top and is yours in full.
0.40% of the value that settles plus 18% GST on a sale, after their free first trade on that IEC.
Nothing. Scriphouse takes no fee from you on this route.
Yours in full, on top, and not our business.
Route two: you set both prices yourself
You name the price your buyer pays and the price your seller receives, and both reach them exactly as you set them, to the paise. Neither of them is charged anything by Scriphouse. We charge you, once, and it comes out of the gap between your two numbers.
- One flat charge. 0.50% of the value that settles, which is what your buyer pays, plus 18% GST on that fee. Charged once on the trade, not once per leg.
- Out of your spread, and nothing else. We do not reach into a number you promised inside your own client relationship.
- A thin spread is refused, not absorbed. Pricing shows you the charge and what is left of the gap. A transfer whose spread cannot carry it does not settle, so you are never funding our fee out of pocket.
- A move inside one group is free. One price on both sides means no spread, and no spread means no fee and no GST.
Nothing to Scriphouse. Exactly the two prices you set, to the paise.
0.50% of the value that settles, plus 18% GST, once, from your spread.
0.590% of what your buyer pays, fee and GST together.
One cross, every rupee accounted for.
A ₹10,00,000 face scrip, with the two prices set by the desk rather than by Scriphouse. The figures are one illustration of the arithmetic, not a rate we publish for a scrip. What is fixed is the charge: 0.50% of what the buyer pays, plus 18% GST on that fee.
Size your spread against one number
A desk commits both prices to its own clients before it asks us for anything, so the charge has to be knowable in advance. It is: fee plus GST comes to 0.590% of what your buyer pays, on every trade, at every size.
- The base is the money, not the face. 0.50% is taken on the value that settles, which is what your buyer pays you, not on the face value of the scrip.
- Charged once. Not once on the buy and again on the sell. One trade, one charge.
- GST rides on the fee alone. Never on the face. The scrip sale is exempt under HSN 4907, and you claim the input credit against the tax invoice we raise.
- The rate is fixed when the trade is priced. It does not move afterwards, so a ticket you have quoted cannot be repriced under you.
The list of things that cost a desk nothing.
Worth stating explicitly, because on most rails a desk pays for several of them.
Ask for as many as you like, on as many scrips as you like. A price you do not act on costs nothing, and there is no metering behind it.
Every key starts there. Build the whole flow, price to settlement to audit pack, with nothing binding and nothing charged.
No listing fee, and nothing for an offer you let expire. If no number works for both sides, you are shown no offer rather than a poor one, and that costs nothing either.
It unwinds and refunds in full the same day, and it carries no charge. We are paid when a trade completes, and not before.
No monthly fee, no per-user charge, no minimum to hit and no commitment to sign. Add as many people to the desk as the desk needs.
An intra-group transfer settles at one price on both sides. No spread, so no fee, and no GST on a fee that is not charged.
It is an introductory rate, and you should hear that from us.
0.50% is where the desk fee starts, not a number fixed for all time. A desk that has priced a year of client business against it deserves to know that, and to know exactly what protects it.
The rate is fixed to a trade at the moment that trade is priced, and it does not move afterwards. A change cannot reach a ticket you have already quoted to a client or already booked.
Scriphouse may revise fees and spreads prospectively, on reasonable prior notice through the service or by email. That is section 11 of the terms of service, and it is the same commitment every user on this site has.
If a change does not work for your desk, your remedy is to end the agreement before it takes effect. There is no minimum term to run out and no subscription to unwind.
There is one rate today and it is the one on this page. If volume banding is ever introduced, it will be published here before it is charged to anybody.
Asked, answered.
It is flat. One rate, 0.50% of the value that settles, for a desk on its first trade and for a desk running a large book. There is no volume tier to reach, no tier we have not told you about, and no minimum. It is an introductory rate, and if it moves it moves prospectively, on notice, never on a trade you have already priced.
Yes, on the trades it prices itself. A platform that settles a cross between its own connected clients, one client's scrip against another client's duty cover at prices the platform set, pays the same flat 0.50% of the value that settles plus GST, charged to the platform and to neither client. Where its users instead trade at prices Scriphouse makes, the users pay the standard self-serve rates and the platform earns a revenue share on the trades it originates, under its own agreement. One basis per trade, chosen per trade.
No. A trade is charged once. If your client trades at a price Scriphouse made, we charge your client and not you. If you set both prices yourself, we charge you and not them. The two do not stack, and a trade is one or the other.
No. Where you set both prices, your buyer pays exactly the number you told them and your seller receives exactly the number you told them, to the paise. Our fee comes out of the gap between the two, and out of nothing else. What you charge your client on top of that is yours, and we take no share of it.
You are told before you commit, not after. Pricing a transfer returns the fee, the GST on it and what is left of your spread, so a gap that cannot carry the charge is visible while you can still move it. Be clear about where the line sits, because it is narrower than it sounds: a cross cannot carry a NEGATIVE spread and is refused outright, but a spread that is merely too thin to cover the fee is not refused. It is shown to you, and it is yours to accept or walk away from. Widen the spread or reduce the size.
18% GST, on our fee only and never on the face value of the scrip. The sale of the scrip itself is exempt under HSN 4907. We raise you a tax invoice for the fee and the GST on it, so you claim the input credit against it, and every settled trade also ships a net-realisation statement.
Nothing. A move inside one group happens at one price on both sides, so it carries no spread, and it carries no fee and no GST either. It is the rails, and we do not charge for the rails on a self-move.
None. No subscription, no listing fee, no minimum, and no per-seat charge. A quote costs nothing however many you ask for, the sandbox costs nothing, an offer you let expire costs nothing, and a failed settlement costs nothing and refunds in full the same day. The only charge on this page is taken from a trade that has actually settled.
Where to go from here.
What the desk actually does
Every client IEC from one book, the mandate each one connects under, settlement and paperwork on Scriphouse rails, and the quote you can embed in your own portal.
See the desk →Pricing · For your clientsWhat your client pays on route one
The standard fee every exporter and importer pays, the free first trade on each IEC, and how a price is made when Scriphouse is the one making it.
Read the pricing page →The workspace · For EnterprisesMany entities, one group
If the IECs are your own rather than your clients', the same desk rolls a group up into one view, on the same rate: a broker desk and an enterprise desk are one category, and every desk trade carries the same 0.50% plus GST. A move inside the group that settles nothing carries no charge.
See the workspace →Talk to a human.
A question about a quote, a settlement, or the API: write to us and a real person replies, usually within a day.
- Exporters: offers, payouts, Autopilot guard-rails.
- Importers and brokers: duty cover, the desk, API access and sandbox keys.
- Anything else: we read everything that arrives.
Prefer email? amin@scriphouse.com
One flat rate, and your client's price never moves.
Build against the sandbox today. Nothing is charged until a trade settles.