A brokerage fee calculator is an essential tool for calculating your trade. When carrying out any trade, you need to check whether your trade is providing a valuable/return or not. Plan your trade by knowing your trading charges in advance.
A brokerage calculator helps investors with a clear picture of their online trade. Using a brokerage charges calculator tells you exactly how much expense you need to pay for your online trade.
Doing a trade, time is of the utmost importance where you have an edge of your trade, as things get out of your hand you can still pre-planned your trade & know about your trade completely.
Try using the brokerage calculator to be one step ahead on your online trade.
BlinkX online brokerage calculator works on basic inputs such as the type of trade i.e delivery or intraday, buy and sell prices of a securities, its quantity and choose the stock exchanges
The formula for brokerage charges calculator is as follows:
The brokerage charges = Buy/Sell quantity of shares X Price of single unit of share X Brokerage percentage.
The above formula for brokerage calculation works for both intraday and delivery trade in the stock market.
To use the BlinkX brokerage calculator you need to know a few parameters and enter that parameter into the online brokerage calculator. The brokerage calculations consider the transaction fees, STTT, GST & SEBI charges.
Following parameters for calculating brokerage online:
Depending upon your type of trade you can calculate the total trading cost instantly through the BlinkX brokerage calculator.
Key factor which can affect the brokerage calculation is as follows:
The intraday brokerage is termed as the brokerage charged by the broker for an intraday trade. These charges added by the broker charge with securities transaction tax STT, and GST, transaction fees as well as SEBI and the NSE regulatory fees.
The security transaction tax on all trades of equities by the government of India. The value of STT is about 0.025% of the transaction value which is applicable on the sell part of an intraday & equity transaction.
The cost of brokerage depends on the price at which you buy or sell one unit of a security. The higher the price, the higher the brokerage. Transaction volume, or how much you buy or sell, also affects the brokerage cost, whether you calculate it manually or use a brokerage calculator.
When you buy a stock for Rs 100, you pay a brokerage fee of 0.05% on that amount, which is Rs 0.05. When you sell the stock, you pay another Rs 0.05 as brokerage. So, the total brokerage cost for both buying and selling is Rs 0.10. This fee is a percentage of the total cost of the shares.
Brokerage calculators use a straightforward formula to determine fees: Brokerage = Number of shares x Price per share x Brokerage percentage. This formula applies to both intraday and delivery trading calculations, making it easy to calculate brokerage costs.
A stamp duty is a legal fee charged by the Indian government for carrying out transactions on the stock exchange. It applies to all types of financial assets.
Indian exchanges collect transactions on the turnover for providing traders with the technology to trade in the stock exchange. These fees vary between securities.
Yes, the brokerage amount is almost the same for both NSE & BSE.
To calculate brokerage fees, multiply the broker's commission rate by the trade value and add any additional charges. Always review your specific broker's fee structure for accuracy.
Yes, you can use the brokerage charges calculator free of cost and analyze the cost of your online trade in just a few seconds. All you have to do is enter essential data and you are good to check your brokerage fees.