What is a brokerage calculator?
A brokerage calculator estimates the total cost of a stock or F&O trade before you place the order. Besides the broker’s commission, Indian trades attract statutory levies—STT, exchange transaction charges, SEBI fees, stamp duty, GST, and DP charges on delivery sells.
Enter segment, exchange, funding source, quantity, and buy/sell prices. The tool shows turnover, gross P&L, itemised broker and statutory charges, and net P&L after all costs.
Why calculate brokerage before trading?
Brokerage is often a small line on your contract note. STT, exchange charges, and DP fees can dominate—especially on delivery trades. Knowing the full round-trip cost helps you judge whether a trade is worth the move.
- Compare delivery vs intraday cost on the same buy/sell prices.
- See how F&O flat ₹20-per-order brokerage stacks with premium-based STT.
- Estimate net profit after every statutory charge—not just headline brokerage.
How does this calculator work?
Tiered equity brokerage follows two rules per leg: if 2.5% of trade value is ₹5 or less, brokerage equals 2.5% of trade value; otherwise brokerage is max(min(0.1% × trade value, ₹20), ₹5). F&O uses flat ₹20 per executed order.
If 2.5% × Trade value ≤ ₹5 → Brokerage = 2.5% × Trade value; else max(min(0.1% × Trade value, ₹20), ₹5)
Where –
| Trade value | Quantity × price per share or premium |
|---|---|
| STT | Segment-specific; on buy, sell, or both |
| GST | 18% on brokerage + exchange + SEBI + IPFT (DP has GST included separately) |
Net P&L = (Sell value − Buy value) − Total charges
Worked example
Buy 20 shares at ₹2,000 and sell at ₹2,100. Trade value is ₹40,000 on the buy leg and ₹42,000 on the sell leg. Each leg pays ₹20 brokerage (0.1% exceeds ₹20 cap), so total brokerage is ₹40 on ₹82,000 turnover.
For delivery at 1,000 shares ₹100→₹110, total charges are about ₹303.64—mostly STT (₹210)—leaving net P&L near ₹9,696.36.
How to use this brokerage calculator
Choose segment (delivery, intraday, futures, or options), exchange (NSE/BSE), quantity, and buy/sell prices. For options, enter total units (lot size × number of lots). Results update as you adjust sliders.
The 18% GST on brokerage follows the same logic as the GST calculator. Estimate net investment returns with the ROI calculator.
What this calculator does not include
Auto square-off fees, delayed payment charges, and contract-note rounding differences are not modeled. Figures are indicative—verify exact charges on your broker contract note before trading.
Frequently asked questions
What is the difference between broker charges and statutory charges?
Broker charges cover brokerage and DP fees (on delivery sells). Statutory charges are STT, exchange turnover, SEBI, stamp duty, and GST—which every broker passes through at the same rates.
Why is delivery more expensive than intraday?
Delivery attracts higher STT (0.1% on both legs vs 0.025% on intraday sell), higher stamp duty, and DP charges when shares leave demat on sell. Intraday squares off the same day with no DP fee.
Are F&O charges different from equity?
Yes. F&O uses flat ₹20 brokerage per order, different STT and exchange rates, and no DP charge. Options STT is calculated on premium turnover, not full contract value.