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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.
What is a Brokerage Calculator?
A brokerage calculator provides investors with a detailed overview of the costs associated with online trades. By utilizing a brokerage charges calculator, you can precisely determine the expenses related to your trades. In trading, timing is crucial; while some factors may be outside your control, being well-prepared and fully informed about your trades can help you make more strategic decisions.
How to Calculate Brokerage?
The costs that brokers charge traders in order to facilitate trading are known as brokerage charges. As a result, brokerage fees must be paid by investors when purchasing and selling shares. However, some brokers can consider not filing a charge for a certain instance.
Brokerage fees are often expressed as a % of the deal value, though, by the majority of brokers. Depending on the trade value scale, these percentages could change. In any case, the following formula is used to determine brokerage in the share market:
Brokerage = Number of shares sold/bought x Price of one unit of stock x brokerage percentage
This formula is used by share brokerage calculators for calculations related to both intraday trading and delivery trade brokerage.
Here is an example for you to understand better:
Pooja decides to purchase 20 shares of XYZ Company at ₹2000 each, and within 10 days, she sells those off at ₹2100. She does this via a Broker Z who charges 0.5% as brokerage fees.
In this example, Pooja’s total trade value stands to be:
₹[(20 x 2000) + (20 x 2100)]
Or, ₹ (40,000 + 42,000) = ₹ 82,000
Since Broker Z charges 0.5% as brokerage, the total fee she pays to the broker is:
₹(82,000 x 0.5%) = ₹410
Therefore, Pooja would pay ₹ 410 as a brokerage for carrying out transactions worth ₹82,000. However, if she carried out a transaction on which the brokerage via standard methods is too low, then a broker would charge the minimal amount applicable, which is usually ₹20 – ₹30.
Nevertheless, to simplify this tedious process of calculating brokerage, individuals can use a stock brokerage calculator.
How does the BlinkX Brokerage Calculator Work?
The BlinkX online stock brokerage calculator utilizes fundamental variables including the kind of trade (delivery or intraday), the buy and sell price of securities, its quantity, and the stock exchanges to be selected.
How to use the Brokerage Calculator?
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 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 Types of Brokerage Calculators?
There are three main types of brokerage calculators:
- Equity Calculator: This equity brokerage calculator is for people who invest in company stocks through stock exchanges like NSE or BSE. It helps you calculate brokerage charges for your stock trades.
- Commodity Calculator: This calculator is used for trading commodities like gold, silver, or agricultural products. These trades can be physically delivered or settled in cash. It helps you figure out the brokerage charges calculator for these commodity trades.
- Currency Calculator: This calculator is for those who invest in foreign currencies. It's commonly used in the forex market. It helps you calculate brokerage costs for your foreign currency investments.
- F&O brokerage calculator: The F&O brokerage calculator helps traders estimate the fees associated with Futures and Options trading, including brokerage charges, taxes, and other expenses, aiding in profit calculation and strategy planning.
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 your trade. So, keeping the current price in mind, you have to make a proper trading plan.
- Types of Broker: In the stock market, you 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, you get more add-on services along with a bit more brokerage charges.
Factors Influencing Brokerage Charges
Your brokerage calculations when utilizing an equity brokerage calculator are dependent upon the following:
- Purchase/sale price: Brokerage computations are impacted by the purchase or sale price of a single unit of securities. The buy/sell price is typically directly correlated with the brokerage
- Volume of transactions:Trading calculators use transaction volume to estimate brokerage. The brokerage is higher the bigger the trade volume. On large orders, though, certain brokers might lower the commission percentage after a predetermined amount.
- Broker type: There are two main types of brokers in India: full-service brokers and discount brokers. Because they provide a wider range of services, such as stock research and guidance, full-service brokers have higher brokerage fees. Discount brokers, on the other hand, charge a far lower price and merely provide users with a rudimentary trading toolbox. Discount brokers often do not charge a percentage of the trade value; instead, they charge a flat fee on each executed order.
Benefits of a Brokerage Calculator
Here are the benefits of a brokerage 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 brokerage charges calculator is free to use. It allows you to 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.
- 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 analzse 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.
