Brokerage Calculator
Estimate your potential brokerage for your chosen trade.
Quantity
Buy Price
₹
Sell Price
₹
Brokerage across our plans
Gross Profit
₹0.00
BROKERAGE*
- ₹10.00
Other charges/taxes (charged on turnover)
- ₹1.80
- STT(Securities Transaction Tax) (0.025%)₹0.00
- SEBI Turnover charges (0.0001%)₹0.00
- Transaction charges** (0.00297%)₹0.00
- GST (18%)₹1.80
- Stamp Duty (0.003%)₹0.00
NET P&L
₹0.00
LotQty: 0
Buy Price
₹
Sell Price
₹
Brokerage across our plans
Gross Profit
₹0.00
BROKERAGE*
- ₹10.00
Other charges/taxes (charged on turnover)
- ₹1.80
- STT(Securities Transaction Tax) (0.1%)₹0.00
- SEBI Turnover charges (0.0001%)₹0.00
- Transaction charges** (0.03503%)₹0.00
- GST (18%)₹1.80
- Stamp Duty (0.003%)₹0.00
NET P&L
₹0.00
LotQty: 0
Buy Price
₹
Sell Price
₹
Brokerage across our plans
Gross Profit
₹0.00
BROKERAGE*
- ₹10.00
Other charges/taxes (charged on turnover)
- ₹1.80
- STT(Securities Transaction Tax) (0.02%)₹0.00
- SEBI Turnover charges (0.0001%)₹0.00
- Transaction charges** (0.00173%)₹0.00
- GST (18%)₹1.80
- Stamp Duty (0.002%)₹0.00
NET P&L
₹0.00
LotQty: 0
Buy Price
₹
Sell Price
₹
Brokerage across our plans
Gross Profit
₹0.00
BROKERAGE*
- ₹10.00
Other charges/taxes (charged on turnover)
- ₹1.80
- STT(Securities Transaction Tax) (0%)₹0.00
- SEBI Turnover charges (0.0001%)₹0.00
- Transaction charges** (0.00035%)₹0.00
- GST (18%)₹1.80
- Stamp Duty (0.0001%)₹0.00
NET P&L
₹0.00
LotQty: 0
Buy Price
₹
Sell Price
₹
Brokerage across our plans
Gross Profit
₹0.00
BROKERAGE*
- ₹10.00
Other charges/taxes (charged on turnover)
- ₹1.80
- CTT (Commodity Transaction Tax) (0.01%)₹0.00
- SEBI Turnover charges (0.0001%)₹0.00
- Transaction charges** (0.0026%)₹0.00
- GST (18%)₹1.80
- Stamp Duty (0.002%)₹0.00
NET P&L
₹0.00
*Brokerage will not exceed 2.5% of the total transaction value as per the regulations.
**Additional transaction charges for scrip category X, XT and Z would be 0.01% of the transaction value + GST.
Investor Protection Fund Trust (IPFT) charges will be applicable for all NSE transactions (Rs.10 per crore of volume in Equity and Futures; Rs. 50 per crore of volume in Equity Options; Rs.0.05 per lac of volume in Currency Futures and Rs. 2 per lac of volume in Currency Options)
What is Brokerage Calculator?
A brokerage calculator is a tool designed to help investors and traders estimate the costs associated with buying or selling financial instruments through a brokerage platform. It is particularly useful for understanding the various fees that may be incurred during trading activities. The common charges that are calculated are brokerage charges, Taxes (STT, GST and other local taxes), exchange transaction charges, stamp duty and other charges.
It offers transparency, enabling users to make more informed decisions and manage their trading costs effectively.
How does a Brokerage Calculator work?
A brokerage calculator operates as a tool designed to help investors and traders assess the costs associated with their trades before executing them. Here's a breakdown of how a brokerage calculator works:
-
Your Inputs:
Trading Segment: Specify the trading segment, such as Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures, Currency Options, or Commodity.
Trade Details: Input crucial information, including the buy price, sell price, and the quantity of shares or contracts involved in the trade. -
Brokerage Calculation: The calculator uses the provided information to calculate the brokerage charges based on the broker's fee structure. This can be a percentage of the trade value, a flat fee per trade, or a combination of both.
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Tax and Charges Consideration: The calculator factors in applicable taxes, such as Securities Transaction Tax (STT), Goods and Services Tax (GST), stamp duty, and any other relevant taxes based on the trading segment and the jurisdiction.
-
Exchange and Regulatory Charges: It includes exchange transaction charges imposed by the stock or commodity exchange where the trade occurs. Additionally, regulatory charges and other fees are considered.
-
Net Profit/Loss Calculation: The calculator computes the net profit or loss by subtracting all the applicable charges from the total trade value. You are presented with a detailed breakdown of the charges, including brokerage fees, transaction charges, taxes, and any other relevant fees. This breakdown helps you understand the impact of each component on the overall cost.
How to use Kotak Securities Brokerage Calculator?
Understanding the costs associated with your trades is vital for making informed decisions. Kotak Securities provides a user-friendly brokerage calculator to help you estimate your expenses accurately. Here's a step-by-step guide on how to use the Kotak Securities Brokerage Calculator:
1. Step 1: You can select the Stock / F&O Contract / Commodity / Currency name in the search tab. The Buy Price, Sell price (10% above the buy price) and quantity will automatically get filled up. You may also directly mention your desired buy and sell price along with quantity to check the brokerage
2. Step 2: Select the trade type, that is Delivery / Intraday.
3. Step 3: Select the brokerage plan and the calculator will promptly display key information:
- Gross Profit/Loss
- Brokerage Charges
- Other Charges
- Net Profit/Loss on the transaction
Benefits of Using a Brokerage Calculator
The use of a brokerage calculator offers several advantages for traders and investors in the financial markets:
- A clear understanding of all associated costs
- Quick and accurate calculations
- Informed decision-making with pre-trade analysis
- Effective risk management
- Optimise trading strategies
- Segment-specific calculations
- User-friendly interface
FAQs on Brokerage Calculator
What are the other charges levied apart from the brokerage?
Apart from brokerage charges an investor may have to pay transaction fees, security transaction tax (STT), stamp duty, exchange transaction charges, SEBI turnover fee, and GST.
What are the factors that impact the brokerage?
The type of security, volume of transactions and the brokers policies will affect the overall brokerage on a demat account.
However, there is Rs.10 per order brokerage charged for any kind of intraday trade to any user
For users above 30 years of age can opt either for ‘Trade Free’ plan or ‘Trade free Pro’ plan for the best brokerage benefits in delivery trades.
What are STT charges?
Security transaction charges (STT) is a direct tax levied by the central government on both buying and selling securities. STT charges vary for different types of securities.
What are state stamp duty charges?
State stamp duty charges is a tax levied while selling or transferring shares. The seller has to pay the charges. Earlier different states in India had different stamp duty charges. Now, all states have the same stamp duty charges.
What is Gross P/L?
The profit/loss earned by the user in the trade before deducting any charges (Taxes, charges and brokerage) is your Gross Profit/Loss.
Please note that the brokerage and other taxes/charges are not calculated over Gross P/L but are calculated over Turnover.
Example: If you Buy 1 share KOTAKBANK at Rs.1775 and sell it at Rs.1780 then
Gross Profit is (1780 – 1775) = Rs.5
Turnover is [(1780 x 1) + (1775 x 1)] = Rs.3555
