Brokerage Calculator for India is an application to calculate and view a comprehensive break up of stock trades ,currency trades or commodity trades done on the NSE or the BSE.
A clear view of the trade breakup lets you calculate the break even points and helps anticipate profits or losses after deducting all the applicable taxes and charges.
As stockbrokers are the registered members of the stock exchange, they can directly buy & sell shares in the share market for their clients. However, for providing this service, they charge a small commission from their clients known as brokerage charges. For example, Zerodha, the biggest stockbroker in India charges Rs 20 per trade for Intraday trading, F&O and other trades.
Nonetheless, this brokerage charge may vary from broker to broker. Full-service brokers like ICICI direct, HDFC securities, etc that provide advisory service along with the trading platform, charge commissions on every trade their clients execute as a percentage of each transaction executed. On the other hand, discount brokers offer low brokerage and charge a flat fee per transaction.
Using this app the charges can be calculated for trades done under equity. Brokerage and charges covered in the calculator:
- Transaction charge
- SEBI charges
- Stamp Duty
- Total tax and charges
- Net Profit/Loss
Calculate for Equity Intraday, Delivery, Futures and Options brokerage charges with following brokers:
- Zerodha Brokerage Calculator
- Upstox Brokerage Calculator
- Angel Broking Brokerage Calculator
- 5Paisa Brokerage Calculator
- Trade Smart Brokerage Calculator
More brokers would be added soon to the subsequent updates.
Download our brokerage calculator and with this simple calculator, you can now calculate the net brokerage and taxes to find out your actual profit or loss while trading with different stockbrokers in equities or derivatives.