Brokerage Calculator - Calculate Stock Trading Charges Free Brokerage Calculator

What is Brokerage?

Brokerage is the fee charged by your stockbroker for executing buy or sell orders on your behalf in the stock market. It is one of the most significant costs in trading. Brokers typically offer two models:

• Flat Fee: A fixed amount per trade (e.g., 20 per order), common with discount brokers.
• Percentage Based: A percentage of the trade value (e.g., 0.1% to 0.5%), common with traditional brokers.

Trading Charges Explained

• Brokerage: Fee for executing your trade. Applied on both buy and sell sides.
• STT (Securities Transaction Tax): Tax levied on securities transactions. Rates vary by trade type (delivery: 0.1% both sides, intraday: 0.025% sell side).
• Transaction Charges: Exchange fees charged by NSE/BSE for using their platform (approximately 0.00345% of turnover).
• GST: 18% Goods and Services Tax applied on brokerage and transaction charges.
• SEBI Fees: Regulatory fee charged by SEBI (0.0001% of turnover).
• Stamp Duty: State-level tax on share transfers (0.015% on buy side for delivery, 0.003% for intraday).

Charge Rates by Trade Type

Tips for Reducing Trading Costs

1. Choose Discount Brokers: Flat-fee brokers are much cheaper for large trades.
2. Reduce Trade Frequency: Fewer trades mean lower cumulative charges.
3. Prefer Delivery: While STT is higher, delivery trades avoid the frequent costs of intraday trading.
4. Check Breakeven: Always calculate the breakeven price before entering a trade to know your minimum target.