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Brokerage & Charges Calculator

Every charge on a round-trip trade, and the price move needed to cover them. On a small trade the charges can exceed the profit target, which is the number this exists to make visible.

Also called: trading charges calculator, zerodha brokerage, stt calculator.

Segment
%
%
%
%
Total charges on a round trip
₹270

₹270 on a 1,00,000 trade each way, which is 0.27% of turnover. You need the price to move 0.27% just to cover them.

Brokerage
₹40
Securities transaction tax
₹200
Exchange charges
₹7
GST
₹8
Stamp duty
₹15
Charges as a share of turnover
0.27%
Price move needed to break even
0.27%

An estimate, not an offer or a guarantee. Projected returns assume the rate you entered holds for the whole term, which no market does.

Method and background

This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for India change on a published schedule; the effective date is shown on every rule-based tool.

How this is calculated

A trade attracts brokerage on each side, a transaction tax, exchange charges, GST on the brokerage and exchange charges but not on the tax, and stamp duty on the purchase. Discount brokers cap the brokerage per order, which is why the effective rate falls sharply with trade size. The break-even move is the honest output: it is the percentage the price has to travel before the trade is worth doing at all.

charges = brokerage both sides + transaction tax + exchange charges both sides + GST on the brokerage and exchange charges + stamp duty on the buy
b
Brokerage per side (currency)
e
Exchange charge per side (currency)

Worked examples

Each of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.

a delivery trade at a capped brokerage

Trade value on one side
₹1,00,000
Segment
Equity delivery
Brokerage rate
0.03
Brokerage cap per order
₹20
Securities transaction tax
0.1%
Exchange transaction charge
0%
GST on brokerage and charges
18%
Stamp duty on the buy side
0.02%

Total charges on a round trip₹270

Brokerage of 30 per side capped to 20; STT on both legs for delivery

Open this example

intraday charges the tax on one leg only

Trade value on one side
₹1,00,000
Segment
Equity intraday
Brokerage rate
0.03
Brokerage cap per order
₹20
Securities transaction tax
0.03%
Exchange transaction charge
0%
GST on brokerage and charges
18%
Stamp duty on the buy side
0%

Total charges on a round trip₹83

boundary: the leg rule that separates delivery from intraday

Open this example

a zero-charge broker leaves only the taxes

Trade value on one side
₹1,00,000
Segment
Equity delivery
Brokerage rate
0
Brokerage cap per order
₹0
Securities transaction tax
0.1%
Exchange transaction charge
0%
GST on brokerage and charges
18%
Stamp duty on the buy side
0%

Total charges on a round trip₹200

degenerate case

Open this example

Method and limits

What it assumes

  • A round trip: one buy and one sell of the same value.
  • The rates entered are yours. They differ by broker, segment and market.

What it deliberately does not model

  • SEBI turnover fees, depository charges and annual maintenance are small and not included.
  • Capital gains tax is separate and is not a transaction charge.

Formula version 1.0.0 · definition 1.0.0 · India · Report a problem with this calculator

Frequently asked questions

Why do the charges hurt so much on small trades?
Because several of them are fixed per order rather than proportional. A twenty rupee brokerage cap is 0.4% of a five thousand rupee trade and 0.02% of a hundred thousand one.
Is GST charged on the transaction tax?
No. GST applies to brokerage and exchange charges, which are services. The transaction tax is itself a tax and is not taxed again.