Brokerage Calculator
Calculate trading charges including brokerage, STT, exchange fees, SEBI charges, stamp duty, and GST. Compare costs and find breakeven points.
Trade Details
Charges Breakdown
Breakeven Analysis
Points to Breakeven: 0.09 points
Breakeven Sell Price: ₹100.09
Charges %: 0.041% of turnover
Broker Comparison
| Broker | Equity Delivery | Intraday | Futures | Options |
|---|---|---|---|---|
| Zerodha | ₹20 or 0.03% | ₹20 or 0.03% | ₹20 or 0.03% | ₹20 flat |
| Groww | ₹20 or 0.05% | ₹20 or 0.05% | ₹20 or 0.05% | ₹20 flat |
| Upstox | ₹20 or 0.05% | ₹20 or 0.05% | ₹20 or 0.05% | ₹20 flat |
| Angel One | ₹20 or 0.25% | ₹20 or 0.25% | ₹20 or 0.25% | ₹20 flat |
| ICICI Direct | 0.55% | 0.275% | 0.05% | ₹95/lot |
Understanding Trading Charges
Brokerage
Fee charged by your broker for executing trades. Discount brokers charge ₹20 flat or 0.03-0.05% per order. Traditional brokers may charge 0.25-0.5%. Compare total costs, not just brokerage rates.
STT (Securities Transaction Tax)
Government tax on securities transactions. Rates vary by segment: Delivery (0.1% both sides), Intraday (0.025% sell only), Futures (0.0125% sell), Options (0.0625% sell on premium).
Exchange Charges
Transaction fees charged by NSE/BSE. Ranges from 0.00345% for equity to 0.053% for options. These are non-negotiable and apply to all traders regardless of broker.
Other Charges
SEBI: ₹10 per crore turnover (0.0001%)
Stamp Duty: State-specific, charged on buy side
GST: 18% on brokerage + exchange + SEBI charges
Frequently Asked Questions
What is brokerage and how is it calculated?
Brokerage is the fee charged by stockbrokers for executing buy/sell orders. Discount brokers charge ₹20 flat per order or 0.03-0.05% (whichever is lower). Traditional brokers charge 0.25-0.5% per trade. Brokerage applies to both buy and sell sides.
What is STT (Securities Transaction Tax)?
STT is a government tax on securities transactions. Rates: Equity Delivery - 0.1% on both buy and sell; Intraday - 0.025% on sell only; Futures - 0.0125% on sell; Options - 0.0625% on sell (on premium value). STT is non-refundable.
Why are intraday charges lower than delivery?
Intraday trades settle on the same day without actual delivery of shares. STT for intraday is only 0.025% on sell vs 0.1% on both sides for delivery. Also, stamp duty is lower (0.003% vs 0.015%). However, intraday trading has higher risk.
What are exchange transaction charges?
Exchange charges are fees paid to NSE/BSE for using their trading platform. NSE equity: 0.00345%, Options: 0.053%, Futures: 0.002%, Currency: 0.0009%. These are uniform across all brokers as they're paid to exchanges.
How does GST apply to trading?
GST at 18% applies on brokerage + exchange transaction charges + SEBI turnover fees. It doesn't apply on STT or stamp duty. Example: If brokerage is ₹20 and exchange charges are ₹10, GST = 18% of ₹30 = ₹5.40.
What is stamp duty on trading?
Stamp duty is a state government charge on securities transactions, applicable only on buy side. Rates: Equity delivery 0.015%, Intraday 0.003%, Futures 0.002%, Options 0.003%. Maharashtra has the highest stamp duty rates.
How to calculate breakeven point?
Breakeven = Total Charges ÷ Quantity. Example: If total charges are ₹100 for 500 shares, you need 0.20 points (₹0.20 per share) movement to breakeven. For a ₹100 stock, it's 0.2% move just to cover costs.
Why are options trading charges higher?
Options have higher exchange transaction charges (0.053% vs 0.00345% for equity). STT is 0.0625% on premium at sell. For multiple lot trading, charges add up quickly. However, premium values are usually smaller than equity values.
Which broker has the lowest charges?
Most discount brokers (Zerodha, Groww, Upstox) charge ₹20 flat per order with similar other charges. For high-volume traders, some offer zero brokerage on delivery. Compare total charges including hidden fees like DP charges for delivery trades.
What are DP charges?
Depository Participant (DP) charges are for holding shares in demat account. Typically ₹15.93 (₹13.50 + GST) per sell transaction for CDSL. These apply only to delivery trades, not intraday. Some brokers absorb these costs.
How much should I trade to make brokerage worthwhile?
For ₹20 flat brokerage, trade at least ₹67,000 per order to match 0.03% rate (₹20 ÷ 0.03%). For smaller amounts, percentage-based brokerage is cheaper. For ₹10,000 trade, 0.03% = ₹3, much less than ₹20 flat.
Are there any hidden charges in trading?
Common hidden charges: 1) DP charges on delivery sell, 2) Call & Trade charges (₹50 for broker-assisted orders), 3) SMS/email charges, 4) Physical contract note charges, 5) Pledge creation charges, 6) Account maintenance fees.