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Brokerage Calculator

  • Equity Calculator

  • Currency Calculator

  • Commodity Calculator

Intraday Equity

  • Total Trade Value 20,050,000
  • Brokerage 40
  • Exchange Transaction Charges 521.30
  • SEBI Charges 10.03
  • GST 102.84
  • STT 1005.00
  • Stamp Duty 200
  • Total Expense & Taxes 1879.16
  • Points to Break Even 9.40
  • Net P&L 24036.82

F&O-Options

  • Total Trade Value 20,050,000
  • Brokerage 40
  • Exchange Transaction Charges 521.30
  • SEBI Charges 10.03
  • GST 102.84
  • STT 1005.00
  • Stamp Duty 200
  • Total Expense & Taxes 1879.16
  • Points to Break Even 9.40
  • Net P&L 24036.82

F&O-Futures

  • Total Trade Value 20,050,000
  • Brokerage 40
  • Exchange Transaction Charges 521.30
  • SEBI Charges 10.03
  • GST 102.84
  • STT 1005.00
  • Stamp Duty 200
  • Total Expense & Taxes 1879.16
  • Points to Break Even 9.40
  • Net P&L 24036.82

NSE - Futures

  • Total Trade Value 20,050,000
  • Brokerage 40
  • Exchange Transaction Charges 521.30
  • SEBI Charges 10.03
  • GST 102.84
  • Stamp Duty 200
  • Total Expense & Taxes 1879.16
  • Per Lot Expense 939.58
  • Rs. to Break Even 9.40
  • Ticks to Break Even 1879.16
  • Net Profit / Loss 24036.82

NSE - Options

  • Total Trade Value 20,050,000
  • Brokerage 40
  • Exchange Transaction Charges 521.30
  • SEBI Charges 10.03
  • GST 102.84
  • Stamp Duty 200
  • Total Expense & Taxes 1879.16
  • Per Lot Expense 939.58
  • Rs. to Break Even 9.40
  • Ticks to Break Even 1879.16
  • Net Profit / Loss 24036.82

MCX - Commodity Futures

  • Total Trade Value 20,050,000
  • Brokerage 40
  • Exchange Transaction Charges 521.30
  • SEBI Charges 10.03
  • GST 102.84
  • CTT 1005.00
  • Stamp Duty 200
  • Total Expense & Taxes 1879.16
  • Per Lot Expense 939.58
  • Rs. to Break Even 9.40
  • Net Profit / Loss 24036.82

MCX - Commodity Options

  • Total Trade Value 1,537,500
  • Brokerage 40
  • Exchange Transaction Charges 39.98
  • SEBI Charges 0.77
  • GST 14.53
  • CTT 157.50
  • Stamp Duty 30
  • Total Expense & Taxes 282.78
  • Per Lot Expense 282.78
  • Rs. to Break Even 5.66
  • Net Profit / Loss 74717.22

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What is a brokerage calculator?

Investors buy or sell shares through a stockbroker. Apart from the purchase price of stocks, there are a few other charges that you need to pay. Out of all these additional charges, the most vital and predominant charge is the brokerage fee. It is the remuneration the broker receives for completing the trade.

A brokerage calculator is an online tool that brokers provide to traders. It allows them to compute the brokerage charges before carrying out the trade. However, apart from the brokerage fee, the calculator allows you to calculate the SEBI turnover fee, stamp duty charges, securities transaction tax, and GST.

How to calculate brokerage?

As mentioned earlier, brokerage charges refer to the fees brokers collect from traders to complete a trade. Therefore, investors must pay a brokerage fee for buying and selling securities. By estimating the brokerage fees, one can determine the actual profit or loss of the transaction.

The brokerage fee is set by the stockbrokers as a percentage of the trade value. The percentage can vary depending on the scale of the trade value. The inputs you need to complete the calculation include the number of shares traded, price per unit, and the brokerage percentage. The outcome, when you press the calculate button, is a detailed and comprehensive report mentioning different charges associated with your investment. These charges include:

  • Brokerage
  • Total turnover
  • SEBI turnover fees
  • Securities transaction tax
  • Stamp duty
  • GST
  • Transaction charges
  • Total brokerage and tax
  • Total profit/loss

How does the brokerage calculator work?

The brokerage calculator uses a simple brokerage fee formula. It multiplies the brokerage percentage with the number of shares an investor sells or buys and the price of the stock per unit.

Brokerage Charges = number of shares traded x price per share x brokerage percentage

Sharebrokers apply the formula to intraday trading and delivery trading brokerage calculations. An investor should use the brokerage calculator online instead of making manual calculations for the brokerage fee or stockbroker’s commission. The calculator estimates the SEBI turnover fee, STT, GST, customs duty, stamp duty, etc. when you enter the details of your trade. 

BENEFITS OF BROKERAGE CALCULATOR ONLINE

A brokerage calculator lets investors compare the brokerage commissions levied by the competition 

It is a great alternative to the manual error-prone mode of calculation

The brokerage calculator gives accurate results instantly, helping you know the fees before engaging in any transaction 

The calculator provides valid and relevant results if you key in precise and accurate data 

It estimates all the trading charges, such as customs duty, GST, STT, etc.

The brokerage calculator helps to maintain transparency between the investor and the broker 

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FAQs

Brokers are the intermediaries who help us buy and sell stocks, futures, options, and other financial instruments. Brokerage is a nominal fee charged by a broker in exchange for the services they provide.

The amount of fees paid to the broker for a particular trade transaction is referred to as brokerage. Depending on the depository participant, the fees could be a percentage or a flat rate (DP). For instance, you bought a gold ETF worth Rs.10000, and the brokerage charges applicable is 0.4%. So, the brokerage will be Rs.40 (10000* 0.4/100).

No, stamp duty rates are different in each Indian state.

The Securities Transaction Tax (STT) is a tax that investors and traders must pay to the government. It is charged to traders/investors in the contract notes issued by their broker and is based on the value of transactions. A tax of 0.025% of the transaction value is currently imposed on the sell-side of an intraday equity transaction.

It is a regulatory fee that the Securities and Exchange Board of India collects to carry out its role as a market regulator. All registered exchanges must pay SEBI charges based on their turnover at the current rate of 0.2% per one lakh.

Stamp duty is a legal fee imposed by the Indian government on securities transactions on stock exchanges. It is used to issue stamped contract notes for all types of stock, currency, and commodity trading at the end of the day. The sellers and buyers' stamp duty obligations must be met according to the applicable rates.

The value of commodity trade is used to calculate commodity brokerage. Each broker determines their brokerage fee, which may be a flat fee per transaction or a percentage of the total value of the transaction.

The service charge paid by the investor to the broker is known as intraday brokerage. On the sell leg of an intraday trade, each broker has an intraday brokerage charge, as well as a securities transaction tax (STT) and GST. It is necessary to pay transaction fees, SEBI and NSE regulatory fees, and stamp duty charges.

The brokerage is based on the total cost of the shares multiplied by the percentage chosen. So, if the intraday trading fees are 0.05 per cent,

Intraday brokerage= Market price of 1 share * number of shares * 0.05%

Futures brokerage is calculated separately based on the purchase and sale prices.

  • Purchasing: Each broker has set their brokerage fee. This can either be a percentage or a fixed price per unit. Regulatory Fees and Stamp Duty are paid on the total contract amount, and Service Tax is calculated on the brokerage value.
  • Selling: the brokerage is calculated the same way as buying, but there is an additional STT-security transaction tax.

The value of commodity trade is used to calculate commodity brokerage. Each broker determines their brokerage fee, which may be a flat rate or a percentage. A Commodities Transaction Tax (CTT) of 0.05 per cent and 0.0001 per cent is imposed on the seller and buyer, respectively.

The Commodities Transaction Tax, or CTT, is imposed on trades made on commodity exchanges, similar to the Securities Transaction Tax, or STT, imposed on equity trades. It is a regulatory charge because it is a tax paid to the central government by commodity traders.

A broker's fee for executing transactions or providing specialised services is known as a brokerage fee. Purchases, sales, consultations, negotiations, and delivery are all services that brokers charge brokerage fees for.

Yes, you can minimise your brokerage costs.

Points to breakeven is the price at which the total profit or total loss are near zero after accounting for all other expenses such as brokerage, taxes such as stamp duty, STT, GST, SEBI charges and other charges such as payment gateway charges. This the reason why breakeven will differ for each transaction. Brokerage calculators can give you the point to breakeven directly. 

Apart from the brokerage charges, a brokerage calculator will take into account other charges such as stamp duty, STT, GST, SEBI charges, transaction charges and demat account charges, among others.

Disclaimer : ICICI Securities Ltd.( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai - 400020, India, Tel No : 022 - 2288 2460, 022 - 2288 2470.  Please note, IPO related services are not Exchange traded products and I-Sec is acting as a distributor to solicit these products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.