Brokerage Calculator
Calculate exact brokerage fees, STT, exchange transaction charges, GST, stamp duty, breakeven price, and net P&L across Equity, F&O, Commodity, and Currency trades.
Direct Answer: A Brokerage Calculator computes the exact total costs of executing stock market transactions on NSE or BSE. Beyond gross profits, your trade incurs broker commission (0.05% or flat ₹20/order), Securities Transaction Tax (STT: 0.1% Delivery / 0.025% Intraday), Exchange Transaction Charges (NSE: 0.00297%), Stamp Duty (0.015% Buy), SEBI Turnover Fees (₹10/Crore), and 18% GST on taxable services.
Purpose & Industry Decision Context
In the Indian Stock Market & Capital Markets Industry, executing orders on NSE, BSE, or MCX involves statutory friction costs beyond gross buy and sell prices. A Brokerage Calculator provides critical pre-trade decision clarity by projecting exact net payouts after deducting Securities Transaction Tax (STT), Exchange Fees, State Stamp Duty, SEBI turnover fees, and 18% GST.
- Breakeven Point Verification: Know the minimum price movement needed per share to avoid net trading losses.
- Order Type Optimization: Compare tax burdens between Delivery (0.1% STT) vs Intraday (0.025% STT).
- Options Premium Analysis: Estimate lot-wise turnover costs and GST impact before entering scalping orders.
Target Audience & Core Use Cases
Trade Parameters & Inputs
Instant ComputationStatutory & Regulatory Charges Reference Table
| Charge Component | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
|---|---|---|---|---|
| Brokerage Fee | 0.05% or ₹20 (lower) | 0.05% or ₹20 (lower) | 0.05% or ₹20 (lower) | Flat ₹20 / executed order |
| STT (Securities Tax) | 0.1% on Buy & Sell | 0.025% on Sell side | 0.02% on Sell side | 0.1% on Premium (Sell side) |
| Exchange Transaction Fee | NSE: 0.00297% | BSE: 0.00375% | NSE: 0.00297% | BSE: 0.00375% | NSE: 0.00173% | NSE: 0.03503% (on premium) |
| GST (Goods & Services Tax) | 18% on (Brokerage + Txn Fee) | 18% on (Brokerage + Txn Fee) | 18% on (Brokerage + Txn Fee) | 18% on (Brokerage + Txn Fee) |
| Stamp Duty Tax | 0.015% on Buy side | 0.003% on Buy side | 0.002% on Buy side | 0.003% on Buy side |
| DP Charges (Depository) | ₹13.50 + GST (per debit) | N/A (No Demat debit) | N/A (No Demat debit) | N/A (No Demat debit) |
| SEBI Turnover Fee | ₹10 / Crore (0.0001%) | ₹10 / Crore (0.0001%) | ₹10 / Crore (0.0001%) | ₹10 / Crore (0.0001%) |
Real-World Trading Case Studies & Verification
Case Study 1: Equity Intraday
Traded 1,000 shares of Stock A @ ₹100 Buy / ₹105 Sell (Total turnover ₹2,05,000).
- Gross Profit: ₹5,000.00
- Total Charges: ₹83.85
- Net Profit: ₹4,916.15
- Breakeven: ₹0.08 / share
Case Study 2: Nifty Options
Bought 10 Lots (500 Qty) Nifty Call Option @ ₹150 Buy / ₹180 Sell (Turnover ₹1,65,000).
- Gross Profit: ₹15,000.00
- Total Charges: ₹207.82
- Net Profit: ₹14,792.18
- Breakeven: ₹0.42 / index pt
Case Study 3: Equity Delivery
Bought 100 shares of Stock B @ ₹500 Buy / ₹600 Sell (Turnover ₹1,10,000).
- Brokerage: ₹0.00 (Free)
- STT Tax: ₹110.00
- DP + Stamp Duty: ₹21.00
- Net Profit: ₹9,865.03
Charges Explained
A mandatory direct tax levied by the Central Government of India on all equity and F&O transactions executed on stock exchanges.
Fees collected by stock exchanges (NSE / BSE / MCX) for operating trading engines and clearing systems.
Applied at 18% on the sum of Brokerage fees and Exchange Transaction Charges.
Flat fee charged by NSDL/CDSL depositories whenever equity shares are debited from your demat account upon delivery sale.
How to Use Calculator
- Select Investment Category (Equity, F&O, Commodity, Currency).
- Select Trade Type (Delivery, Intraday, Futures, Options).
- Enter your target Buy Price and expected Sell Price per unit.
- Input trade Quantity or number of lots.
- Click Calculate Brokerage to generate instant itemized costs and net P&L.
Related Calculators
Brokerage Calculator — Calculate Stock Brokerage Charges & Net P&L
A brokerage calculator is an essential financial tool designed to help traders and investors compute the exact transaction costs involved in stock market trading. When buying or selling shares on Indian stock exchanges like NSE or BSE, your gross trading profit does not equal your net profit. Statutory government levies, exchange transaction charges, GST, stamp duty, and broker commissions consume a portion of every executed trade.
Using a reliable stock brokerage calculator allows you to calculate your net profit or loss before placing orders, determine tick-level breakeven prices, and optimize trading strategies across Equity, F&O, Commodity, and Currency segments.
Calculate Brokerage Charges Across Trading Segments
Understanding how brokerage charges are calculated across different investment categories ensures full financial transparency and eliminates disguised trading expenses:
1. Equity Delivery
Equity Delivery (Cash & Carry / CNC) applies when shares are bought and held in your Demat account overnight or for long-term investing. While many discount brokers charge 0% or low flat brokerage fees, statutory levies such as Securities Transaction Tax (STT) at 0.1% on both Buy and Sell sides, state Stamp Duty (0.015% on Buy), Exchange Transaction Charges (NSE 0.00297%), and 18% GST still apply.
2. Equity Intraday
Equity Intraday (MIS / Day Trading) involves buying and selling stocks within the same trading session before market closure. Brokerage is typically charged at 0.03% or 0.05% (capped at ₹20 per executed order). STT for intraday trading is levied at 0.025% exlusively on the Sell side turnover, making day trading tax-efficient compared to delivery trading.
3. F&O (Futures & Options)
Futures and Options trading allows market participants to leverage position sizes on index and stock derivatives. Futures brokerage is calculated based on total turnover (Buy Value + Sell Value) capped at ₹20 per order, while STT is levied at 0.02% on the Sell side turnover.
4. Options Trading Charges
Options contracts are evaluated based on premium value. Discount brokers charge a flat rate (typically ₹20 per executed order) regardless of lot size. STT is charged at 0.1% on the option premium on the Sell side, while Exchange Transaction Charges on NSE options are 0.03503% of premium turnover.
5. Securities Transaction Tax (STT)
STT is a mandatory direct tax levied by the Central Government of India on stock market transactions. It is automatically collected by brokers upon contract note settlement and remitted to tax authorities. For official STT regulations, consult the Income Tax Department of India STT Guidelines.
6. Exchange Transaction Fee
Exchange transaction charges are turn-over fees collected by stock exchanges (NSE: 0.00297% for equity, BSE: 0.00375%, MCX: 0.0021%) to maintain trading infrastructure and automated order routing engines. For official exchange rate schedules, visit the NSE India Official Fee Structure and BSE India Transaction Charges Schedule.
7. Goods & Services Tax (GST)
GST is applied at the standard statutory rate of 18% on the sum of taxable financial services, specifically (Brokerage Fee + Exchange Transaction Charges + SEBI Fees). GST does not apply to government taxes like STT or Stamp Duty.
8. SEBI Turnover Fee
A regulatory charge levied by the Securities and Exchange Board of India at ₹10 per Crore (0.0001%) across all traded market segments. See the SEBI Official Regulatory Guidelines for updated turnover circulars.
9. Stamp Duty Tax
Stamp Duty is levied under the Indian Stamp Act by state governments strictly on the Buy side turnover (0.015% for Delivery, 0.003% for Intraday & Options, 0.002% for Futures).
Credible External Sources & Regulatory References:
- NSE Exchange Fee Schedule:https://www.nseindia.com/
- BSE Transaction Charge Rules:https://www.bseindia.com/
- SEBI Regulatory Master Circulars:https://www.sebi.gov.in/
- Income Tax Department of India (STT/CTT Tax):https://incometaxindia.gov.in/
How Brokerage Is Calculated
Brokerage charges depend on your broker's pricing model (flat fee per order vs. percentage of turnover). To know how to calculate brokerage, follow these steps:
- Compute Buy Value =
Buy Price × Quantity - Compute Sell Value =
Sell Price × Quantity - Calculate total Turnover =
Buy Value + Sell Value - Calculate Brokerage =
min(Order Value × Rate%, ₹20)for each executed order. - Add statutory taxes (STT, Stamp Duty, Exchange Fees, SEBI Fees, GST).
- Subtract Total Charges from Gross P&L to derive your Net P&L.
Brokerage Calculator Formula
Our brokerage charges calculator applies the following standardized mathematical formulas:
Step-by-Step Example Calculation
Here are real-world worked examples showing how trading charges impact your final net payout:
Example 1: Equity Delivery
Buy 100 shares @ ₹500, Sell @ ₹1,020 (Turnover ₹1,52,000).
- Gross Profit: ₹52,000.00
- Brokerage (₹20/order): ₹40.00
- STT (0.1% Buy+Sell): ₹152.00
- Exchange + SEBI: ₹4.66
- Stamp Duty (0.015% Buy): ₹7.50
- GST (18%): ₹8.04
- Total Charges: ₹212.20
- Net Profit: ₹51,787.80
Example 2: Equity Intraday
Buy 1,000 shares @ ₹100, Sell @ ₹105 (Turnover ₹2,05,000).
- Gross Profit: ₹5,000.00
- Brokerage (0.05% max ₹20): ₹40.00
- STT (0.025% Sell): ₹26.25
- Exchange + SEBI: ₹6.30
- Stamp Duty (0.003% Buy): ₹3.00
- GST (18%): ₹8.34
- Total Charges: ₹83.89
- Net Profit: ₹4,916.11
Example 3: Nifty Call Options
Buy 500 Qty @ ₹150, Sell @ ₹180 (Turnover ₹1,65,000).
- Gross Profit: ₹15,000.00
- Brokerage (Flat ₹20/order): ₹40.00
- STT (0.1% Sell Premium): ₹90.00
- Exchange Txn (NSE 0.03503%): ₹57.80
- Stamp Duty (0.003% Buy): ₹2.25
- GST (18%): ₹17.63
- Total Charges: ₹207.85
- Net Profit: ₹14,792.15
Frequently Asked Questions (FAQ)
GST = 0.18 × (Brokerage Fee + Exchange Transaction Fee + SEBI Turnover Fee). Government taxes like STT and Stamp Duty are exempt from GST.