Brokerage Calculator

Investments come with certain transaction costs, which go on to reduce your overall returns significantly. Therefore, it is important to know the estimates of such costs to optimise your investment returns. Being aware of the charges involved in trading-related transactions is particularly important. These include brokerage fees and other charges levied by parties like regulators. A brokerage calculator can help you estimate the charges associated with your trades. Once you know how these costs impact your returns, you can effectively manage them and maximise them.

A brokerage calculator helps calculate the brokerage charges on trades across equity, futures and options, commodity, currency, intraday, and carry forward transactions. You can use this calculator across different stocks and exchanges.

The Angel One brokerage calculator is a comprehensive tool that not only considers the brokerage but also other important parameters like GST, transaction charges, state-wise stamp duty, Securities Transaction Tax (STT), Commodities Transaction Tax (CTT), SEBI turnover fees, and DP (Depository Participant) charges while calculating the net profit/loss.

The online brokerage calculator considers basic trade details, such as the buy and sell prices, quantity and the exchange house. It uses a simple brokerage formula and calculates the charges for equity delivery and intraday, futures and options (for stocks, indices, commodity, and currency).

The formula to calculate brokerage charges is as follows:

Brokerage charges = Buy/Sell quantity X Price of one unit of stock X Brokerage percentage

Using the Angel One brokerage calculator is simple and straightforward. It reduces your efforts and avoids the errors of manual calculations, thus giving instant results. Here are the steps you need to take to use the Angel One brokerage calculator online:

• Choose your investment option - Equity, F&O (Futures and Options), Commodity or Currency.
• Accordingly, select if it is 'Delivery' or 'Intraday' trading in Equity and 'Futures' and 'Options' in the case of Equity - FO or other trades.
• Enter the buy price.
• Enter the sell price.
• Enter the buy/sell quantity.
• Select the exchange from the dropdown.
• Click on the 'Calculate Brokerage' button.

The online brokerage calculator calculates the applicable charges and delivers the results instantly. The results include - Brokerage, Other Charges, Breakeven and Net Profit/Loss amount on the transaction. You will also get a breakdown of other charges levied and how they impact your profit or loss.

Here’s an example to better understand the usage and working of the online brokerage calculator.

Suppose you want to buy 50 shares of a company in intraday trading. On NSE, the buy price is Rs. 1,000 a piece, and the sell price is Rs. 2,000 per share. When you enter these values in the online brokerage calculator, the following items are displayed:

• Brokerage = Rs. 40
• Other Charges = Rs. 41.92
• Breakeven = Rs. 1.67
• Net P&L = Rs. 49,016.08

Along with this, you will also get a breakdown of the following:

• Brokerage: Rs. 40.00
• STT/CTT: Rs. 24.50
• Transaction Charges: Rs. 4.77
• DP Charges: Rs. 0
• State Stamp Duty: Rs. 4.41
• SEBI Turnover Fees: Rs. 0.15
• GST: Rs. 8.09
• Total Taxes and Charges: Rs. 81.92
• Net Buy Value: Rs. 48,902.00
• Net Sell Value: Rs. 98,000.00
• Points to Breakeven: Rs. 1.67

At Angel One, there is Rs. 0 brokerage charge on equity delivery. On other trades like intraday, futures, options, currency and commodity, the brokerage charge is Rs. 20 per executed order or 0.25% of the transaction value, whichever is lower.

1. Goods and Services Tax (GST): It is levied by the Government of India on the services rendered by brokers. The rate is 18% on the brokerage incurred.
2. Transaction Charges: These are charges imposed by the stock exchanges and clearing corporations for executing trades. They are applicable on a per-trade basis and vary depending on the type and value of the transaction.
3. State-wise Stamp Duty: This is a tax levied by the government on the transfer of securities and is calculated based on the value of the transaction.
4. Securities Transaction Tax (STT): This is payable on every purchase and/or sale of listed securities depending on the trade segment. STT is applicable to shares, derivatives and equity-oriented mutual funds but not to commodities and currency. The tax is also not applicable to off-market transactions. The Central Government prescribes STT rates through its Budget.
5. Commodity Transaction Tax (CTT): It is levied on trades of commodity futures contracts in India and is applicable to buyers and sellers and is calculated based on the transaction value.
6. SEBI Turnover Fees: The Securities and Exchange Board of India levies this fee for regulating the market. The fees across all segments are Rs. 10 per crore on buy and sell transactions.
7. DP (Depository Participant) Charges: These are charged by Depository Participants such as NSDL and CDSL to provide dematerialisation and other related services for securities held in electronic form. This fee is levied on the sale of securities. Angel One charges a DP charge of Rs. 20 plus GST.