BROKERAGE CALCULATOR

 

 

 

COMPETITIONS BROKERAGE(%)

0.05%%

COMPETITIONS COSTING (₹)

/ Trade

/ Trade

ANGEL BROKING COSTING (₹)

60 / Trade

15900 / Year

TURNOVER
SEBI TAX
GST
STT
YEARLY SAVINGS

COMPETITIONS BROKERAGE(%)

0.05%%

COMPETITIONS COSTING (₹)

/ Trade

/ Trade

ANGEL BROKING COSTING (₹)

0 / Trade

0 / Year

TURNOVER
GST
SEBI TAX
YEARLY SAVINGS
 
 

COMPETITIONS BROKERAGE3(%)

0.05%

COMPETITIONS COSTING (₹)

/ Trade

/ Trade

ANGEL BROKING COSTING (₹)

100 / Trade

10600 / Year

TURNOVER
SEBI TAX
GST
STT
YEARLY SAVINGS

COMPETITIONS BROKERAGE(%)

0.05/lot

COMPETITIONS COSTING (₹)

/ Trade

/ Trade

ANGEL BROKING COSTING (₹)

20 / Trade

5300 / Year

TURNOVER
SEBI TAX
GST
STT
YEARLY SAVINGS
Open Demat Account For Free With Angel Broking
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Calculating brokerage for a demat account together with all kinds of taxes is especially tedious for beginners. There are three different kinds of stockbroking categories in India.
Bank Based Stock Brokers

Bank Based Stock Brokers

These are the most expensive stockbrokers; they have a specific brokerage calculator for the customer

Full-Service Stock brokers

Similar to bank based stockbrokers, this category also falls in the expensive bracket. Angel Broking is an example of this.

Full-Service Stock brokers
Discount Stock brokers

Discount Stock brokers

As the name suggests, discount brokers offer stock trading options at much lower rates, since they provide limited products, low brokerage charges. They have their brokerage charges calculation.

Investors use the compare brokerage charges online application to see what would suit them the best.

To simplify this process and to ease out the confusion for the investor, most of these websites provide a how to calculate brokerage calculator.

Before you include these items below, the brokerage calculator requires what trading segment it is, e.g., equity delivery, equity intraday, derivates – futures and options, currency, commodity, the exchange it is traded on – NSE or BSE.

Below are the requirements for input into the brokerage calculator:

  • Buy price
  • Sell price
  • Number of price
  • Lot Size - in case of Options trading
  • Your State - to calculate Stamp Duty

Website provide a simple, self-explanatory user interface of the brokerage calculator with the inputs mentioned above.

Advantages:

Price Point

The main attribute every investor looks at is the price offered by the banks, broking companies etc. If the brokerage cost is competitive and reasonable, then the investor is willing to pay for it.

Accuracy

The brokerage calculator provides precise and clear cut information to the investor without any hidden terms and conditions.

Effectiveness of time

Even before carrying out the trade, the investor can learn about the charges. The response time is rapid once the data has been entered.

Competitors

The brokerage calculator also makes available information for the investor to view the competitions costing.

These are only a few significant advantages that a brokerage calculator offers.

For instance, Angel Broking provides a straightforward means of calculating brokerage.

First, you have to select either one of the four options provided :

  • intraday equity
  • delivery equity
  • future eq, com, cur
  • options eq, cur

The only information required from the investor is :

  • buy at ( amount) - this would be needed if it is a purchase transaction
  • sell at ( amount) - this would be required if it is a sale transaction
  • the number of shares purchased or sold
  • frequency of the trade (daily, weekly, monthly, yearly )

These two simple steps will enable the investor to view the exact brokerage amount payable and savings for the year.

FAQs - Frequently Asked Questions

How is brokerage calculated?

Brokerage is that amount, which is payable by the investor to the broker on transaction of a particular trade. The charges could either be a percentage or a flat rate depending on the depository participant – DP, most of the times a brokerage charges calculator is used

Example :

Purchase : 1,000 shares @ Rs. 500 / each
Sale : 1,000 shares @ Rs. 550 / each
Brokerage Charges @ 0.4%
Total Trade Value :
(1,000 x 500) + (1,000 x 550)
5,00,000 + 5,50,000
= 10,50,000/-

Brokerage Charge : 10,50,000 x 0.4% = Rs. 4,200/- payable by the investor.

What is intraday brokerage?

Intraday brokerage is the service charge paid by the investor to the broker. Each broker has their intraday brokerage charge together with a securities transaction tax (STT) and GST which is imposed on the sell leg of the intraday trade. Transaction fees, SEBI and NSE regulatory fees and stamp duty charges are to be paid.

How is intraday brokerage calculated?

Intraday brokerage is calculated in a similar manner of a normal brokerage; however, the brokerage is for the buy and sale of that transaction. Additionally together with the brokerage charges, there is a securities transaction tax (STT), SEBI Regulator Fees, Transaction charges, stamp duty levied on the amount of transaction

Is Stamp Duty charge same for all Indian states?

No, the stamp duty charge is different for all Indian states.

What are STT charges?

The Government of India levies a security transaction tax on all trades of equities. Currently, a tax of 0.025% of the transaction value is applicable on the sell side of an intraday equity transaction.

How are futures brokerage calculated?

Futures brokerage is calculated separately on the buying price and the selling price

Buying: each broker has set up their respective brokerage amount. This is either a percentage or a flat price per unit value. Service Tax is calculated on the brokerage value, Regulatory Fees and Stamp Duty is paid on the total contract amount.

Selling: the brokerage is calculated similarly to the buying process; however, an additional STT-security transaction tax is levied.

How is commodity brokerage calculated?

Commodity brokerage is calculated on the commodity trade value. Each broker sets their brokerage charge; it could either be a flat rate or a percentage. A Commodities Transaction Tax – CTT is levied on the seller and the buyer at 0.05% and 0.0001% respectively.

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