Calculate total brokerage charges, taxes, and net transaction value for equity delivery, intraday, or F&O trades.
16/4/2026
Turnover
₹50,000
Total Charges
₹62
Effective Rate
0.124%
Net Credit
₹49,938
Compare total charges at different brokerage percentages
A brokerage calculator is an essential tool for every trader and investor. It helps you understand the exact cost of executing a trade, including brokerage fees, taxes (STT, GST, stamp duty), exchange transaction charges, and SEBI turnover fees. By accurately calculating these costs, you can determine your net profit or loss per trade and compare different brokerage firms.
Our interactive Brokerage Calculator above supports equity delivery, intraday, and F&O trades. You can input custom brokerage percentages, fixed fees, and all statutory rates. The calculator provides a detailed breakdown, pie chart visualization, and a comparison bar chart to see how different brokerage rates affect total charges. This guide covers everything from basic concepts to advanced strategies for minimizing trading costs.
Brokerage is the fee charged by a stockbroker for executing buy and sell orders on your behalf. It can be a percentage of the turnover, a fixed fee per trade, or a combination of both. In India, brokerage structures vary widely – from traditional full-service brokers charging 0.3%–0.5% to discount brokers offering flat fees (₹20 per trade) or zero brokerage on certain segments.
Brokerage: The primary fee. For delivery trades, it's usually a percentage of turnover; for intraday, it's lower. Some brokers charge a fixed amount per executed order.
STT (Securities Transaction Tax): Levied by the government. For equity delivery, STT is 0.1% on sell side; for intraday, 0.025% on both sides; for F&O, 0.01% on sell side of options, 0.05% on futures.
Stamp Duty: State-level tax on transaction value. Varies by state (typically 0.003% for delivery, 0.002% for intraday).
Exchange Transaction Charges: Paid to NSE/BSE. Approximately 0.003% of turnover for equity.
SEBI Turnover Fees: Very small (₹10 per crore of turnover).
GST (Goods and Services Tax): 18% on the brokerage amount (plus 18% on other service charges like exchange transaction fees).
Full-service brokers (e.g., ICICI Direct, HDFC Securities, Sharekhan): Typically charge 0.3%–0.5% for delivery and 0.03%–0.05% for intraday. They provide research, advisory, and relationship managers.
Discount brokers (e.g., Zerodha, Groww, Angel One): Charge flat fees (₹20 per trade or ₹0 for delivery) and minimal intraday brokerage (₹20 per executed order). Some offer zero brokerage on equity delivery.
Hybrid brokers: Combination of percentage and fixed fees.
How to choose: If you trade frequently (intraday, F&O), discount brokers save costs. For long-term investors making few trades, fixed-fee or zero-brokerage plans are better.
Example 1 – Delivery Buy + Sell (₹10,000 turnover): Brokerage 0.1% = ₹10 each side = ₹20 total. STT on sell only = 0.1% of ₹10,000 = ₹10. Stamp duty 0.003% = ₹0.30. Exchange Tx 0.003% = ₹0.30. SEBI charges negligible. GST 18% on ₹20 = ₹3.60. Total charges ≈ ₹34.20. Effective cost = 0.34%.
Example 2 – Intraday (₹50,000 turnover, both sides): Brokerage 0.03% = ₹15 each side = ₹30. STT both sides 0.025% = ₹25. Stamp duty 0.002% = ₹1. Exchange Tx 0.003% = ₹1.50. GST on ₹30 = ₹5.40. Total ≈ ₹62.90. Effective cost = 0.126%.
Example 3 – F&O (1 lot Nifty, ₹5,00,000 premium): Brokerage fixed ₹20 per order = ₹40. STT 0.01% on sell side = ₹50. Stamp duty (varies) ≈ ₹500. Exchange Tx 0.002% = ₹10. GST on ₹40 = ₹7.20. Total ≈ ₹607. Effective cost = 0.12%.
Even seemingly small brokerage percentages can erode profits significantly, especially for high-frequency traders. For a trader making 20 trades a day with average turnover of ₹1 lakh per trade, a 0.05% difference in brokerage translates to ₹1,000 extra cost per day (₹24,000 per month). Over a year, that's nearly ₹3 lakh. Hence, optimizing brokerage is critical.
- DP charges (Depository Participant): For delivery trades, some brokers charge ₹15–₹30 per scrip for selling from demat account.
- Call & trade charges: Some brokers charge extra for executing orders via phone.
- Platform fees: Monthly fees for advanced trading software.
- Minimum brokerage: Some brokers have a minimum fee per trade (e.g., ₹20 even if percentage is lower). Our calculator accounts for fixed minimum.
- Annual maintenance charges (AMC): For demat account (₹300–₹1000 per year).
Yes, most brokers charge separately for buy and sell orders. Our calculator has an option for "both" sides.
Delivery trades involve taking delivery of shares; intraday trades are squared off within the same day. Intraday brokerage is usually much lower (0.01%–0.05% vs 0.1%–0.5% for delivery).
GST is applicable only on brokerage and other service fees (like exchange transaction charges), not on statutory taxes like STT or stamp duty.
It provides a close estimate. F&O charges also include turnover-based STT (0.01% on option sell side) and exchange transaction charges (0.002% for options, 0.001% for futures).
Yes, just select "Intraday" and enter your actual trade value (not leveraged amount). The charges are based on turnover.
While our calculator focuses on equity brokerage, mutual funds also have expenses. Direct mutual funds have lower expense ratios (0.2%–1%) vs regular funds (1%–2.5%). The difference compounds heavily over time. For a ₹10 lakh investment over 20 years, a 1% expense ratio difference can cost you over ₹15 lakh in lost returns. Use the same principle to evaluate fund expenses.
In 2023, SEBI introduced new framework for brokerage disclosure. Brokers must now provide a standardised "contract note" with all charges clearly itemized. Additionally, the maximum brokerage that can be charged is capped at 2.5% of turnover (though most charge far less). GST on brokerage remains 18%.
The Brokerage Calculator is an indispensable tool for anyone serious about trading and investing. By understanding and minimizing your transaction costs, you can significantly improve your net returns. Use this calculator before placing each trade, compare different brokers, and always factor in all charges when setting profit targets.
Start using the Brokerage Calculator above now. Input your trade parameters, analyze the cost breakdown, and make informed decisions. Remember – in trading, every rupee saved in costs is a rupee earned in profit.