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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.

Gross ROI is a financial statistic that is commonly used to determine the profitability of the strategy. It's a proportion that compares an investment's profit or loss to the capital employed. It may be used to assess the probable return on a single strategy as well as to compare the returns of many investments. It does not include any charges. Gross ROI is calculated on the basis of backtested data and the results may or may not sustain in future.

  • Gross ROI: The total profit earned from a strategy

  • Net ROI: Gross ROI - Total Charges (Brokerage + Other charges)

The brokerage calculator displays the NET ROI.

StrategyCard

StrategyCard

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

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

Last update: 2022-06-06
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