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.
Frequently Asked Questions
Still have questions?
Our expert team typically responds within 30 minutes during market hours.
Buy/Sell Your Unlisted Shares
Submit the details below to share a quote.
