Brokerage Calculator – Free Stock Brokerage Calculator India (2026)
MoneyOra’s free Brokerage Calculator calculates the exact cost of every trade before you place it — brokerage, STT, exchange charges, SEBI fees, GST, stamp duty, and net P&L. Works for equity delivery, intraday, and F&O. Enter your buy price, sell price, and quantity. The stock brokerage calculator breaks down every rupee you’ll pay.
Every trade in the Indian stock market comes with charges that most traders either ignore or underestimate. Brokerage is the obvious one, but by the time you add STT, GST, exchange transaction charges, and SEBI turnover fees, the total cost of a trade can look very different from what you expected. This brokerage calculator shows you the complete picture — including the exact net P&L after all deductions — so you know your real profit before you pull the trigger.
Table of Contents
What Is a Brokerage Calculator?
A brokerage calculator is a free online tool that calculates all the charges involved in a stock market trade — including brokerage, STT, exchange charges, SEBI fees, GST, and stamp duty — and shows you the net profit or loss after all deductions.
It’s not just a brokerage fee calculator. Every trade involves at least five separate charges, and the split between them isn’t obvious. A share brokerage calculator like MoneyOra’s breaks each charge down separately so you understand exactly what you’re paying and why.
Traders who skip this step often find out after a trade that their apparent ₹500 profit was actually ₹300 after charges — or worse, a small loss. The trading brokerage calculator removes that surprise.
How to Calculate Brokerage Charges
Using MoneyOra’s brokerage charges calculator takes about 10 seconds:
- Select trade type: Equity Delivery, Equity Intraday, or F&O
- Select exchange: NSE or BSE — charges vary slightly
- Enter quantity: Number of shares you’re buying/selling
- Enter buy price: Price per share at time of purchase
- Enter sell price: Price per share at time of sale
- For F&O: Also enter the lot size
The stock trading calculator instantly shows your total turnover, gross P&L, every charge broken down, and your actual net P&L after all costs. No submit button — results update as you type.
Brokerage Formula Explained
The basic brokerage calculation formula is straightforward:
Brokerage = Number of shares × Price per share × Brokerage rate
But this is only one piece of the total cost. The full calculation is:
Total charges = Brokerage + STT + Exchange charges + SEBI fees + GST + Stamp duty
And the number that actually matters:
Net P&L = Gross P&L − Total charges
MoneyOra’s brokerage calculator with GST, STT, and SEBI fees applies all of these automatically using current rates from SEBI, NSE, and BSE. You don’t need to know the individual rates — just enter your trade details and the full breakdown appears.
Brokerage Calculation Example
Here’s a worked example to show how the brokerage calculator with example works in practice.
Trade: Buy 20 shares of a stock at ₹2,000. Sell after 10 days at ₹2,100. Equity delivery on NSE.
| Charge | Buy leg | Sell leg | Total |
|---|---|---|---|
| Turnover | ₹40,000 | ₹42,000 | ₹82,000 |
| Brokerage (max ₹20/order) | ₹20 | ₹20 | ₹40 |
| STT (0.1% delivery both sides) | ₹40 | ₹42 | ₹82 |
| Exchange charges (0.00297%) | ₹1.19 | ₹1.25 | ₹2.44 |
| SEBI fees (0.0001%) | ₹0.04 | ₹0.04 | ₹0.08 |
| GST (18% on brokerage + exchange) | — | ₹7.64 | |
| Stamp duty (0.015% on buy) | ₹6 | ₹0 | ₹6 |
| Total charges | ₹138.16 | ||
Gross P&L: (₹2,100 − ₹2,000) × 20 = ₹2,000
Net P&L after charges: ₹2,000 − ₹138.16 = ₹1,861.84
The charges are about 7% of the gross profit in this case — which is high relative to the gain because it’s a small trade. On larger trades, the charges become a smaller percentage but can still be thousands of rupees in absolute terms. Use MoneyOra’s stock profit calculator with charges above to model your own trades.
Intraday vs Delivery Brokerage — What’s the Difference?
The intraday brokerage calculator and delivery brokerage calculator use different charge structures. Here’s the key difference:
| Charge | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | 0.1% or ₹20/order (lower of the two) | 0.03% or ₹20/order (lower of the two) |
| STT | 0.1% on buy + sell | 0.025% on sell side only |
| Stamp duty | 0.015% on buy value | 0.003% on buy value |
| Exchange charges | 0.00297% of turnover | 0.00297% of turnover |
| SEBI fees | 0.0001% of turnover | 0.0001% of turnover |
| GST | 18% on brokerage + exchange | 18% on brokerage + exchange |
| DP charge (sell) | ₹18.25 + GST per scrip | Not applicable |
Intraday trades cost less per trade because STT is lower and there’s no DP charge. But intraday traders make more trades — so the total cost over a month can be significantly higher than a long-term delivery investor. Use the intraday trading calculator to model your per-trade cost and multiply by how many trades you make monthly.
F&O Brokerage Calculation India
The F&O brokerage calculator works differently from equity because F&O trades involve lot sizes and the STT structure is different.
- Brokerage: Flat ₹20 per order (most discount brokers)
- STT: 0.0125% of sell-side premium value (options); 0.02% on sell-side notional value (futures)
- Exchange charges: 0.00188% for options (NSE)
- SEBI fees: 0.0001% of turnover
- GST: 18% on brokerage + exchange charges
- Stamp duty: 0.002% on buy-side value
Enter your lot size in MoneyOra’s options brokerage calculator and the calculator accounts for the lot multiplier automatically. For active F&O traders, even the flat ₹20/order brokerage adds up quickly — 50 trades/month is ₹2,000 in brokerage alone, before regulatory charges.
All Taxes in Share Market Trading — STT, GST, SEBI Explained
Most traders know about brokerage. Fewer understand all the other charges. Here’s what each one actually is:
| Charge | What it is | Who collects it | Current rate |
|---|---|---|---|
| STT | Securities Transaction Tax — levied on the value of securities traded | Central Government | 0.1% delivery both sides; 0.025% intraday sell |
| Exchange charges | Fee charged by the exchange (NSE/BSE) for facilitating the trade | NSE / BSE | 0.00297% equity; 0.00188% options |
| SEBI fees | Regulatory fee charged by SEBI on total turnover | SEBI | ₹10 per crore (0.0001%) |
| GST | Goods & Services Tax on brokerage and exchange charges | Government (via broker) | 18% |
| Stamp duty | State government levy on buy-side transactions | State government (uniform since 2020) | 0.015% delivery; 0.003% intraday |
| DP charge | Depository participant charge for selling shares held in demat | Depository (CDSL/NSDL) + broker | ₹18.25 + GST per sell (delivery only) |
For complete and up-to-date SEBI fee schedules, the SEBI circular on fees and charges is the official source. For NSE-specific transaction charges, the NSE transaction charges page has the current schedule.
Zerodha vs Groww vs Upstox Brokerage — Quick Comparison
All three are discount brokers. The brokerage model is similar across them — the real differences are in the other charges and platform features.
| Broker | Equity Delivery | Equity Intraday | F&O | Account charges |
|---|---|---|---|---|
| Zerodha | Zero | 0.03% or ₹20 (lower) | ₹20/order | ₹300/yr AMC |
| Groww | Zero | 0.05% or ₹20 (lower) | ₹20/order | ₹0 AMC |
| Upstox | Zero | 0.05% or ₹20 (lower) | ₹20/order | ₹0 AMC |
| Angel One | Zero | 0.25% or ₹20 (lower) | ₹20/order | ₹0 AMC |
Note: “Zero brokerage” on delivery trades is now standard across all major discount brokers. The differentiation is in F&O costs, platform reliability, margin policies, and research tools. MoneyOra’s brokerage calculator uses a flat ₹20/order model — you can adjust to your broker’s rate for a more precise calculation.
How to Reduce Your Trading Costs
Charges are unavoidable. But there are ways to keep them from eating too much of your returns:
- Use delivery over intraday for larger positions. STT for delivery is 0.1% on both sides, but DP charges aside, delivery trades don’t have the same per-day pressure that intraday does. For positions you plan to hold even a few days, delivery is usually the right call.
- Calculate break-even before every trade. Your break-even isn’t your buy price — it’s your buy price plus all charges. Use the share brokerage calculator to find the exact sell price you need to cover costs. On a ₹1,000 share with ₹20 brokerage and other charges, break-even on delivery is often ₹5–10 above buy price.
- Batch your F&O trades where possible. At ₹20/order, a trader doing 10 lots in one order pays the same brokerage as one doing 1 lot. If your strategy allows, combining entries/exits saves brokerage.
- Watch the DP charge on small delivery positions. The DP charge of ₹18.25 + GST (≈₹21.5) is fixed per scrip sold — it doesn’t scale with position size. On a small ₹2,000 position, that’s over 1% of value in one charge alone. For very small delivery trades, this can wipe out small gains entirely.
- Track your annual brokerage spend. Most traders don’t know how much they actually pay in charges per year until they look at their annual account statement. Pull it from your broker’s tax P&L report — the number is usually larger than expected.
For loan and EMI planning alongside your trading costs, use MoneyOra’s EMI Calculator. For comparing investment alternatives to equity trading, the FD Calculator and NPS Calculator on MoneyOra are worth looking at.
Calculate Before You Trade
The difference between a winning trade and a breakeven one is often smaller than traders think. Charges don’t sound like much until you add them all up — and then realise your apparent ₹800 profit was actually ₹550 after costs.
Use MoneyOra’s free brokerage calculator India before every significant trade. It takes 10 seconds and removes the guesswork about what you’ll actually take home.
If you’re also planning investments alongside your trading, the FD Calculator and NPS Calculator on MoneyOra show how guaranteed returns compare to trading net P&L over time.
Frequently Asked Questions About Brokerage Calculator
A brokerage calculator is a free online tool.
It calculates all charges in a stock market trade.
This includes brokerage, STT, exchange charges, SEBI fees, GST, and stamp duty.
It also shows your net profit or loss after deductions.
MoneyOra's stock brokerage calculator covers equity delivery, intraday, and F&O.
It works for both NSE and BSE trades.
Brokerage is calculated using this formula.
Number of shares × Price per share × Brokerage rate.
Discount brokers usually cap brokerage at ₹20 per order.
If percentage exceeds ₹20, you pay ₹20.
If it is lower, you pay the percentage amount.
Both buy and sell sides are charged separately.
Use the brokerage charges calculator to calculate total cost.
STT stands for Securities Transaction Tax.
It is charged by the central government.
It applies to every securities transaction in India.
For delivery trades, STT is 0.1% on both buy and sell.
For intraday, it is 0.025% on sell side.
For options, it is 0.0125% on sell premium.
STT is often the largest charge in delivery trades.
The brokerage calculator includes STT automatically.
SEBI turnover fee is a regulatory charge.
It is ₹10 per crore of turnover.
This equals 0.0001%.
It is very small per trade.
Usually just a few paisa.
It applies to all market participants.
The share brokerage calculator includes this charge.
Discount brokers charge zero brokerage on delivery trades.
They charge ₹20 per order on intraday and F&O.
Examples include Zerodha, Groww, Upstox, and Angel One.
Full-service brokers charge 0.25%–0.5% of trade value.
Examples include ICICI Direct, HDFC Securities, and Kotak Securities.
The cost difference can be very high on large trades.
Intraday brokerage follows this formula.
min(0.03% × trade value, ₹20) per order.
Multiply by 2 for buy and sell.
Add STT (0.025% on sell).
Add exchange charges (0.00297%).
Add SEBI fees (0.0001%).
Add GST (18% on brokerage + exchange).
Add stamp duty (0.003% on buy).
The intraday brokerage calculator applies all automatically.
For equity delivery, yes.
Zerodha charges zero brokerage on delivery trades.
For intraday and F&O, it charges ₹20 per order.
Zero brokerage does not mean zero charges.
STT, exchange charges, SEBI fees, GST, and stamp duty still apply.
These charges are fixed by regulators.
Use the brokerage calculator to see full cost.
Three main factors affect brokerage.
First is buy and sell price.
Higher price means higher brokerage.
Second is quantity or volume.
More shares increase total charges.
Third is type of broker.
Discount brokers charge flat fees.
Full-service brokers charge percentage fees.
Trade type also affects taxes and charges.