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.

How to calculate brokerage?

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).

Is the stamp duty charge consistent across all states?

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

What are STT charges?

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.

What is a SEBI charge?

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.

What is meant by Stamp Duty?

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.

How to calculate commodity brokerage?

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.

What is intraday brokerage?

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.

How is intraday brokerage calculated?

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%

How are futures brokerage calculated?

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.

How is commodity brokerage calculated?

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.

What is a brokerage rate?

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.

Can brokerage be reduced?

Yes, you can minimise your brokerage costs.

How to calculate point to breakeven?

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.

What are other charges in the brokerage calculator?

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.

Brokerage Calculator

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Intraday Equity

NSE

BSE

Buy Price

Sell Price

qty

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

NSE

BSE

Buy Price

Sell Price

qty

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

NSE

BSE

Buy Price

Sell Price

qty

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

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NSE - Futures

Currency

Buy Price

Sell Price

Lot

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

Currency

Expiry Date

Option

Strike Price

Buy Price

Sell Price

Lot

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

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MCX - Commodity Futures

Commodity

Buy Price

Sell Price

Lot

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

Commodity

Expiry Date

Option

Strike Price

Buy Price

Sell Price

Lot

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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