Brokerage Calculator¶
1. Introduction¶
A brokerage calculator is an AlgoBulls feature that displays the amount of brokerage to be paid for a trade. The brokerage calculator displays brokerage charges, duty costs, transaction fees, SEBI turnover fees, and securities transaction tax.
Majority of traders underestimate the amount of brokerage they might pay for a trade, a brokerage calculator can help you view the brokerage amount paid to different brokers for each strategy. A brokerage calculator shows you a realistic estimate of your net income from each strategy.
2. Brokerage Charges¶
Broker charges will differ depending on the fees charged by each broker. For example, 0.01% of each trade value or flat Rs.10 per trade for Equity.
Government charges are levied by the government on each transaction which include STT, transaction charges, SEBI charges, stamp duty, etc.
Note
- The below brokerage charges are subject to change by the broker.
| Broker Name | Equity | Future | MCX | Options |
|---|---|---|---|---|
| 5Paisa | ₹ 10 | ₹ 10 | ₹ 10 | ₹ 10 |
| AC Agarwal | 0.02% per trade | 0.02% per trade | 0.02% per trade | ₹ 10 |
| AliceBlue | ₹15 per trade or 0.05% whichever is lower | ₹ 15 per trade or 0.05% whichever is lower | ₹ 15 per trade or 0.05% whichever is lower | ₹ 15 |
| Angelbroking | ₹ 20 | ₹ 20 | ₹ 20 | ₹ 20 |
| Arham | 0.03% per trade | 0.03% per trade | 0.03% per trade | 0.03% per trade |
| Edelwiss | ₹ 10 | ₹ 10 | ₹ 10 | ₹ 10 |
| Findoc | 0.02% per trade | 0.01% per trade | 0.01% per trade | ₹ 5 |
| Finvasia | Zero | Zero | Zero | Zero |
| Hem Securities | 0.03% | ₹ 20 | ₹ 20 | ₹ 20 |
| IIFL | 0.02% per trade | 0.02% per trade | 0.02% per trade | ₹ 15 |
| Indira Securities | 0.02% per trade | 0.02% per trade | 0.02% per trade | ₹ 10 |
| Jainam Duck | ₹ 10 | ₹ 10 | ₹ 10 | ₹ 10 |
| Kotak Securitues | Zero | Zero | Zero | Zero |
| Master Trust | ₹ 20 | ₹ 20 | ₹ 20 | ₹ 20 |
| Motilal Oswal | 0.02% per trade | 0.02% per trade | 0.02% per trade | ₹ 15 |
| Rmoney | ₹ 9 | ₹ 9 | ₹ 9 | ₹ 9 |
| Rudra | 0.01% per trade | 0.01% per trade | 0.01% per trade | ₹ 15 |
| Sharekhan | 0.02% per trade | 0.02% per trade | 0.02% per trade | ₹ 10 |
| Zebu | 0.02% per trade | 0.02% per trade | 0.02% per trade | ₹ 20 |
| Zerodha | ₹ 20 | ₹ 20 | ₹ 20 | ₹ 20 |
| Choice | 0.02% | 0.02% | 0.02% | 25 per lot |
3. Government Charges¶
| Type of Charges | Segment/Exchange | Flat % per trade |
|---|---|---|
| Security Transaction Tax - Commodity Futures | MCX | 0.01 |
| Security Transaction Tax Index - Equity/Index Futures | NFO | 0.01 |
| Transaction Charges - Equity Intraday | NSE | 0.0035 |
| Transaction Charges - Index Options | NSE_IDX | 0.053 |
| SEBI Charges Index Options | NSE_IDX | 0.0001 |
| Transaction Charges - Commodity Futures | MCX | 0.0026 |
| Stamp Duty - Equity/Index Futures | NFO | 0.002 |
| Stamp Duty - Index Options | NSE_IDX | 0.003 |
| Stamp Duty - Equity Intraday | NSE | 0.003 |
| SEBI Charges - Equity Intraday | NSE | 0.0001 |
| SEBI Charges - Commodity Futures | MCX | 0.0001 |
| SEBI Charges - Equity/Index Futures | NFO | 0.0001 |
| Security Transaction Tax Index - Equity Intraday | NSE | 0.025 |
| Stamp Duty - Commodity Futures | MCX | 0.002 |
| Transaction Charges - Equity/Index Futures | NFO | 0.002 |
| Security Transaction Tax - Index Options | NSE_IDX | 0.05 |