Brokerage Calculator
Welcome to Stockify's Brokerage Calculator - your smart, free tool for complete transparency in trading costs. Before you execute any trade in Equity (Delivery/Intraday) or F&O, know your exact net profit or loss. Our calculator goes beyond brokerage to include all statutory charges, such as STT, GST, and Stamp Duty, giving you a crystal-clear financial picture.
What is a Brokerage Calculator? Why is it important?
A brokerage calculator is an indispensable digital tool for modern traders. It instantly computes for you not just the brokerage but the total cost of a trade along with associated statutory charges. It gives you an in-depth on transaction costs, for you to make informed decisions, assess accurate potential profitability, and avoid any surprise deductions from your capital.
How Stockify Simplifies Your Cost Analysis?
Instead of manual, error-prone calculations, simply input your trade parameters into the Stockify calculator. Within seconds, get a detailed charge sheet that helps you:
Plan your trades with precise cost knowledge.
Compare the net profitability across different trade scenarios.
Understand how each component (such as STT or Stamp Duty) affects your final returns.
How Are Brokerage & Other Charges Calculated?
Brokerage is a service that facilitates transactions between buyers and sellers.
It indicates a percentage of the fixed fee or trade value, charged on both buy and sell orders.
Brokerage = Number of shares sold/bought × Price per share × Brokerage Rate
Stockify offers transparent and competitive brokerage plans. You can trust our calculator. It automatically applies the correct rate based on your selected trade type.
Understanding All Other Mandatory Charges
Your total deduction is the total of the government/regulatory charges and the sum of brokerage:
Securities Transaction Tax (STT): Levied on the turnover; rates differ for delivery, intraday, and F&O.
Exchange Transaction Charge: A tiny fee paid to the stock exchange (NSE/BSE).
SEBI Turnover Fees: A nominal regulatory fee.
GST: 18% applied on the brokerage and exchange charges.
Stamp Duty: State-specific charge on the turnover of buy transactions.
DP Charges: A custody fee is levied only when you sell shares held in your Demat account (Delivery trades).
Let us understand the brokerage calculation with an example:
Amit bought shares of Tata Consultancy Services (TCS) from Stockify. Amit purchased 15 shares of TCS at Rs.3,000 each and within 7 days, he sold those shares at Rs.3,150 each.
Brokerage Conditions
If 2.5% of the trade value ≤ Rs.5, brokerage = 2.5% of trade value
If 2.5% of the trade value > Rs.5, brokerage =
max(min(0.1% × Trade Value, Rs.20), Rs.5)
Transaction Details:
At the time of buying:
Particulars | Calculation | Amount (Rs.) |
Number of shares | — | 15 |
Buy price per share | — | 3,000 |
Trade value | 15 × 3,000 | 45,000 |
0.1% of trade value | 0.1% × 45,000 | 45 |
Minimum of (Rs.45, Rs.20) | min(45, 20) | 20 |
Maximum of (Rs.20, Rs.5) | max(20, 5) | 20 |
Brokerage (Buy) | max(min(0.1% × 45,000, 20), 5) | Rs.20 |
At the time of selling:
Particulars | Calculation | Amount (Rs.) |
Number of shares | — | 15 |
Sell price per share | — | 3,150 |
Trade value | 15 × 3,150 | 47,250 |
0.1% of trade value | 0.1% × 47,250 | 47.25 |
Minimum of (Rs.47.25, Rs.20) | min(47.25, 20) | 20 |
Maximum of (Rs.20, Rs.5) | max(20, 5) | 20 |
Brokerage (Sell) | max(min(0.1% × 47,250, 20), 5) | Rs.20 |
Total Brokerage
Transaction | Brokerage (Rs.) |
Buying | 20 |
Selling | 20 |
Total Brokerage | Rs.40 |
Key Factors That Determine Your Total Trading Costs
Factors that determine the total trading costs:
Trade Type (Delivery vs. Intraday vs. F&O)
Charges like STT and brokerage structure vary significantly. Intraday trades often attract lower brokerage but specific STT. Our calculator adapts to each type.
Total Trade Value & Volume
Larger trades mean higher absolute charges, though some brokers (including Stockify) offer volume-based benefits. The calculator shows the direct impact of quantity and price.
Your State of Residence
Stamp Duty is mandated by state governments. Selecting your state in our calculator ensures this cost is estimated accurately.
Advantages of Using Stockify Brokerage Calculator
You can choose Stockify brokerage calculator:
100% Accuracy & Comprehensiveness
We factor in every small charge, ensuring the calculated Net P&L matches what appears in your final contract note.
Speed & Ease of Use
Get complex calculations done in milliseconds. Perfect for intraday traders who need to evaluate multiple scenarios quickly.
Informed Decision Making
You can compare brokers, plan entry/exit points, and set realistic profit targets by knowing your exact break-even point.
Completely Free & Unlimited
Use it as often as you like, for any number of trades. No hidden costs, no sign-up required.
Calculate brokerage now.
FAQ
A brokerage calculator is a free-to-use digital tool that helps traders and investors estimate the total transaction cost. The total output will include statutory charges and brokerage fees. You can use the calculator to determine the net profit or loss before executing a trade.
Our calculator provides precise results and an instant breakdown of all costs (STT, GST, Stamp Duty, etc.), tailored to your specific trade and State. It helps you in trade planning with full cost transparency.
The results are highly accurate and indicative. The final, legally binding figures will be in the contract note issued by the broker after trade execution, as live market prices can cause minor variations.
The Securities Transaction Tax (STT) is a tax imposed by the government on the total value of securities transactions. The tax rate varies like it's 0.1% on sell-side turnover for equity delivery sales. But for intraday equity, it's 0.025% on sell-side turnover.
Stamp Duty on securities transactions is levied by state governments, and the rate differs from State to State. Selecting your State ensures an accurate calculation of this mandatory charge.
Yes, indirectly. By showing you the "Total Charges," the calculator tells you exactly how much the share price needs to move to cover all costs and start generating a net profit. You can adjust the buy/sell prices to find your exact break-even.
Simply select "Equity - Intraday" in the trade type, enter your buy price, sell price, and quantity. The Stockify calculator will automatically apply the appropriate intraday brokerage structure and lower STT rate to compute your net intraday profit or loss.
Key differences are: a) Brokerage: Intraday brokerage is often lower. b) STT: Much lower for intraday (0.025%) vs. delivery (0.1%). c) DP Charges: Not applicable for intraday as shares aren't delivered to your Demat account. Our calculator clearly highlights these differences.
Absolutely. By inputting the same trade details, you can manually adjust the "Brokerage" charge in your calculation to match another broker's rate. This will instantly show you how switching to Stockify's competitive pricing can improve your Net P&L.
The Stockify calculator is designed for full transparency and includes all standard charges associated with a trade. The only potential additional cost not shown is an account maintenance fee (if your broker levies one), which is not transaction-specific.
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