Brokerage Calculator

Optimize Your Stock Investments with INDmoney's Brokerage Calculator. Easily Calculate Brokerage Costs and Stock Exchange Charges for your Transactions in Indian Stocks.
  • Delivery Equity
  • Intraday
  • NSE
  • BSE
Net P&L 4842.51
Turnover
85000.00
Gross P&L
5000.00
Brokerage
40.00
Other Charges
117.49
  • STT Total
    85.00
  • Transaction Charge
    2.76
  • SEBI Charges
    0.08
  • GST
    7.71
  • DP Charge
    15.93
  • Stamp Duty
    6.00
Total taxes & Charges
157.49
Net P&L
4842.51

What is a Brokerage Calculator?

Imagine you're all set to trade, and you want to know the expenses. The Brokerage Calculator doesn't stop at basic brokerage fees. Nope, it goes further. It calculates everything from stamp duty charges to transaction fees, even the stuff you might not be familiar with, like SEBI turnover fee, GST, and Securities Transaction Tax (STT). These can add up, so knowing the full picture upfront is gold.

So, if you're a trader aiming for smarter moves, the intraday brokerage calculator is like your behind-the-scenes hero. It gives you the full cost scoop before you hit that trade button, making your trading journey smoother.

How to Compute Brokerage Charges:

Brokerage charges constitute the fees imposed by brokers on traders to facilitate trading activities. These charges are applicable both when buying and selling securities, although certain brokers might exclude one of these actions from fees.

Typically, brokers assess brokerage fees as a percentage of the trade value. The percentage may vary based on the trade value scale. The formula for calculating brokerage in the share market is as follows:

Brokerage = Number of shares sold/bought x Price per share x Brokerage percentage

Share brokerage calculators employ this formula for both intraday and delivery trading brokerage calculations.

For instance, consider Aman who buys 40 shares of TATA Power at Rs. 250 each and subsequently sells them at Rs. 275 within 10 days. Broker X charges a brokerage fee of 1%

In this scenario, Aman’s Turnover equals:

Rs. [(40 x 250) + (40 x 275)]

Or, Rs. (10000 + 11000) = Rs.21,000

Given Broker X’s 1% brokerage, the total fee paid to the broker amounts to:

Rs. (21000 x 1%) = Rs. 210

Therefore, Aman’s brokerage for transactions worth Rs. 21,000 is Rs. 210. 

Brokers often set a limit, like a maximum threshold, for the charges you'll pay when you trade. This limit usually falls within the range of Rs. 20 to Rs. 40. It means that regardless of the size of your trade or the calculated charges, you won't be charged more than this set limit. So, if the calculated charges for your trade are higher, you'll still only pay the capped amount, which is quite reasonable.

To streamline this intricate brokerage calculation process, individuals can resort to a stock brokerage calculator.


Factors Influencing Calculating Brokerage Charges:

Brokerage calculations depends on several factors, including:

1. Buy/Sale Price:

The buy or sale price per unit of security significantly influences brokerage commissions. Higher prices correlate with higher brokerage fees.

2. Transaction Volume:

Transaction volume also plays a pivotal role in determining brokerage amounts. Larger transaction volumes generally entail higher brokerage fees. However, certain brokers may lower the commission percentage for substantial trade volumes.

3. Broker Type:

Brokers in India primarily fall into two categories:

  • Discount Brokers furnish trading platforms and levy lower, flat-rate brokerages, regardless of trade value.
  • Full-Service Brokers offer a gamut of trading-related services, encompassing research, advisory, and sales management. Consequently, their charges are relatively higher.
     

What is the Importance of a Brokerage Calculator?

Smart Broker Choice: A brokerage calculator helps traders pick the right broker by estimating costs upfront.

Budget Control: It aids in planning deposits accurately, avoiding financial surprises and maintaining stability.

Clear Costs: These tools ensure transparency in charges, fostering a trusting trader-broker relationship.

Efficient Trading: Day traders and firms benefit from precise cost insights for better decision-making.

Volume Management: High-volume traders can plan expenses better, staying profitable.

Other Charges : NSE & BSE

ChargeWhat are they charged for?Calculation
STTSTT is collected by the government to fund capital market regulatory bodies and is aimed at curbing excessive speculative trading.

For Delivery Equity,

= 0.1% on Turnover 

For Delivery Intraday,

= 0.025% on Turnover

Transaction ChargeTransaction charges are levied by stock exchanges on every trade executed. These charges help stock exchanges cover operational and infrastructure costs.

For NSE,

= 0.00325% on Turnover

For BSE,

= 0.00375% on Turnover

DP ChargeDP charges account for the maintenance of dematerialized accounts and the processing of securities transactions.

For Delivery Equity,

= 13.5 + GST = 15.93 
 

For Delivery Intraday,

 = 0

GSTThis government tax contributes to the national revenue pool. GST is applicable to brokerage fees and transaction charges, calculated as a percentage of these charges.

For Delivery Equity,

= 18% on (brokerage + SEBI charges + transaction charges)

Sebi ChargesThese charges support the regulatory functions of the Securities and Exchange Board of India, safeguarding investor interests and market integrity.₹10 / crore of Turnover
Stamp DutyStamp duty is a state-specific government tax that contributes to state revenue.

For Delivery Equity,

= 0.015% on Buy Side

For Delivery Intraday,

= 0.003% on Buy Side

Frequently Asked Questions

  • Are there any additional charges that might not be included in the calculator?

  • Can I rely solely on a brokerage calculator to make trading decisions?

  • How frequently do the charges like STT and GST get updated?

  • What is CTT?

  • Are stamp Duty Charges same all across India?