Brokerage Calculator
25,000
5,000
27.49
| Brokerage | 0 |
| STT/CTT | 25.00 |
| Transaction Charges | 0.81 |
| State Stamp Duty | 1.50 |
| SEBI Turnover Fees | 0.03 |
| GST | 0.15 |
| Total Taxes and Charges | 27.49 |
| Total Profit and Loss | 4972.51 |
only. Actual numbers may vary.
Brokerage Calculator
Brokerage calculator helps traders estimate brokerage charges, taxes, and other transaction costs before placing a trade. It provides clarity on the total cost and gains or losses, helping to make better-informed trading decisions.
What is a Brokerage Calculator?
A brokerage calculator is an online tool that helps traders calculate the total charges which are involved in a trade, including brokerage fees, taxes, and exchange charges. Investors need to just enter the basic trade details in the stock brokerage calculator, and then they can easily understand the overall cost and estimate their potential gains or losses before completing a transaction.
How to Calculate Brokerage?
The process of calculating brokerage is simple. Brokerage is calculated by applying the broker’s fee rate to the total trade value of a buy or sell transaction. The formula used is:
Brokerage = Number of shares bought/sold × Price per share × Brokerage percentage
In addition to brokerage, the total trading cost also includes statutory charges such as Securities Transaction Tax (STT), exchange fees, and stamp duty. These charges together determine the final gain or loss on a trade.
Example:
If an investor purchase shares worth ₹50,000 and the broker charges a brokerage of 0.3%, the brokerage amount will be ₹150. Additional charges like STT and exchange fees are then added to calculate the total trading cost.
How Does the BlinkX Brokerage Calculator Work?
The BlinkX brokerage calculator simplifies the process of calculating trading costs by considering various parameters such as transaction fees, STT, GST, and SEBI charges. Here's how to use it:
- Step 1: Select the Type of Trade: Determine whether you are buying or selling stocks.
- Step 2: Enter the Stock Buy & Sell Price
- Step 3: Specify the quantity of shares involved in the transaction.
- Step 4: Select the stock exchange where the trade is taking place.
- Step 5: Once you have entered these parameters, the BlinkX stock market brokerage calculator instantly calculates the total trading cost, factoring in all relevant charges.
By following these steps, users can quickly and accurately determine the total cost associated with their stock transactions, enabling them to make informed decisions.
What Are the Factors on Which Brokerage Calculation Depends?
The key factors that can affect the brokerage calculation are as follows:
- Type of Trading: There are different types of trade in the stock market. Accordingly, if you trade intraday, futures options, and equity, the charges will be different.
- Volume of Trade: The volume of trade affects the brokerage charge. In larger volumes, trading charges are based on a fixed amount, whereas in lower volumes, you need to pay a small percentage.
- Current Price: The current price is also a big factor that can change the value of the trade. So, keeping the current price in mind.
- Types of Broker: In the stock market, investors invest through two types of brokers: discount brokers and full-service brokers. Discount brokers offer traders lower prices and a handful of services. Compared with a full-service broker, investors get more add-on services along with a bit more brokerage charges.
Benefits of a Brokerage Calculator
Here are the benefits of a brokerage trading calculator:
- Transparency: The brokerage calculator provides precise details about any charges that the trader can easily ignore. Be aware of each charge that you add to your online trade.
- Price Comparison: You can compare price offers from different banks and brokerage firms. BlinkX's brokerage cost is competitive and reasonable for investors.
- Free to Use: The equity brokerage calculator is free to use. It allows you to analyse 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.
- Easy to Use: By entering simple details, you can get an overview of your trade, brokerage details, and the cost value of your trade. To process your calculation, access the calculator from your smartphone or computer, along with an internet connection.
Brokerage Calculator FAQs
What is intraday brokerage?
Brokerage fees are assessed on the whole deal value, or turnover, in intraday trading. Depending on the kind of broker, the brokerage for intraday trading usually varies from 0.01 to 0.05% of the deal value or a set cost per executed order.
What is the formula of Brokerage Calculator?
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.
Is BlinkX Brokerage Calculator free to use?
Yes, you can use the brokerage charges calculator free of cost and analyse 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 go to check the brokerage fees associated.
How is brokerage calculated?
Brokerage is calculated by multiplying the number of shares traded by the price per share and the brokerage percentage. The result represents the broker's fee for facilitating the transaction.
How is intraday brokerage calculated?
The brokerage formula calculates intraday brokerage by dividing the market price by the number of shares and delivery brokerage by the market price multiplied by 0.50%.
How to calculate breakeven?
Use the following calculation to get your break-even point in units: Break-Even Point (in units) = Fixed Costs ÷ (Unit Revenue – Unit Variable Cost).
What are SEBI turnover fees?
SEBI levies 0.0001% of the turnover for both buy and sell transactions to regulate the market. The button below can be clicked to learn more about costs and prices.
What is CTT?
Commodity Transaction Tax (CTT) is a tax levied on the trading of commodity futures contracts in India. It is charged as a percentage of the transaction value on both buy and sell trades. CTT aims to generate revenue for the government and regulate speculative trading in commodities.
How is commodity brokerage calculated?
The commodity trade value is used to compute commodity brokerage. Because each broker sets their fee, the price may vary for each broker. It may take the form of a percentage or a flat charge.
What are the STT charges?
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.
What are the factors that can affect brokerage?
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.
How to calculate brokerage in the share market?
When you buy a stock for ₹100, you pay a brokerage fee of 0.05% on that amount, which is ₹0.05. When you sell the stock, you pay another ₹0.05 as brokerage. So, the total brokerage cost for both buying and selling is ₹0.10. This fee is a percentage of the total cost of the shares.
What is the stamp duty charge?
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.
What are the Exchange transaction fees?
Exchange transaction fees are charges levied by stock exchanges, such as the NSE and BSE, for executing buy and sell orders. These fees are typically a small percentage of the trade value and are applied to both buyers and sellers. The rates and structures can vary depending on the exchange and the type of transaction.
Is brokerage the same for both NSE and BSE?
Brokerage fees can vary between the NSE and BSE , as they are set by individual brokerage firms rather than the exchanges themselves. Factors such as brokerage firm policies, trade volume, and investor type may influence the fees. It is essential to check with your brokerage for specific rates applicable to each exchange.
How is breakeven calculated?
Breakeven is calculated by adding total trading costs (brokerage, taxes, and charges) to the buy price for long trades, or subtracting them from the sell price for short trades.
Can brokerage be reduced?
Yes, brokerage can be reduced by choosing low-cost brokers, opting for fixed-fee plans, or increasing trading volume under negotiated plans.
How are futures brokerage calculated?
Futures brokerage is usually charged as a fixed fee per order or a percentage of the contract value, along with applicable exchange and statutory charges.
