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Brokerage Calculator

Estimate brokerage, STT, GST, exchange charges, SEBI fees, stamp duty and net P&L for delivery, intraday, futures and options trades in India.

Educational estimate only. Broker pricing, exchange rates, taxes, DP charges and other levies can change. Use the executed contract note as the final record of charges.

Result

Net 4,898.14

Turnover₹ 3,05,000
Gross P&L₹ 5,000
Brokerage₹ 40
STT₹ 38.75
Exchange txn charge₹ 9.36
SEBI charge₹ 0.31
GST₹ 8.94
Stamp duty₹ 4.5
Total charges₹ 101.86
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Trading costs explained

What is a Brokerage Calculator?

A brokerage calculator estimates the cost of buying and selling securities before or after a trade. It separates the broker's execution fee from statutory and exchange charges so traders can see gross P&L and a more realistic net P&L.

Brokerage is only one part of the final trading cost. A complete estimate can also include Securities Transaction Tax, exchange transaction charges, SEBI turnover fees, GST and stamp duty. These deductions can turn a small gross profit into a smaller net profit or even a net loss, especially for frequent intraday and options trades.

QbarTrade's brokerage calculator uses the selected segment, buy price, sell price and quantity to calculate turnover and estimate each charge separately. The result is designed for planning and journal review, not as a replacement for the broker's live charge sheet or contract note.

Brokerage formulas

How are brokerage and net P&L calculated?

Start with buy value, sell value and turnover, then deduct brokerage and statutory charges from gross profit or loss.

Core formulas

Buy value = Buy price × Quantity

Sell value = Sell price × Quantity

Turnover = Buy value + Sell value

Net P&L = Gross P&L − Total trading charges

Intraday example

₹2,000 gross P&L − ₹54.42 charges = ₹1,945.58 net P&L

Buy 100 shares at ₹500 and sell them at ₹520. The turnover is ₹1,02,000. Under this calculator's illustrative intraday assumptions, estimated total charges are ₹54.42.

Buy value

₹50,000

Sell value

₹52,000

Turnover

₹1,02,000

Step-by-step

How to use this Brokerage Calculator

Enter the planned or executed trade details to see a segment-wise estimate of charges and net P&L.

1

Select the trading segment

Choose equity delivery, equity intraday, futures or options. The selected segment changes the brokerage and statutory-charge assumptions.

2

Enter the buy price

Use the actual or planned purchase price per share, unit or premium point. The calculator multiplies it by quantity to calculate buy value.

3

Enter the sell price

Add the actual or planned sell price. Sell price and quantity determine sell value, gross P&L and sell-side taxes.

4

Enter the quantity

Use total shares or units. For derivatives, convert the number of lots into the correct exchange quantity before using a per-unit price.

5

Review total charges and net P&L

Compare gross P&L with the estimated deductions. Verify the final charges against your broker's current pricing and the executed contract note.

Before the order

Why calculate trading charges before placing a trade?

Trading costs change the real break-even level and can materially affect high-frequency or low-margin strategies.

Estimate the real cost

See brokerage and statutory deductions instead of treating the buy-to-sell difference as the final result.

Compare gross and net P&L

Measure whether the expected price move is large enough to cover the full round-trip cost.

Avoid overtrading

Repeated small trades can accumulate meaningful charges even when each individual order looks inexpensive.

Charges breakdown

Brokerage, STT, GST, exchange fees and stamp duty

A brokerage calculator is useful because the total deduction is made from several different charges rather than one single fee.

Brokerage

The broker's execution fee. It may be percentage-based, capped per order or charged as a flat amount, depending on the pricing plan and segment.

Securities Transaction Tax

A statutory tax whose taxable side and value vary across delivery equity, intraday equity, futures, options and exercised contracts.

Exchange transaction charges

Turnover-based charges levied by the exchange. Cash equity and futures use traded value, while equity options normally use premium turnover.

SEBI turnover fees

A regulatory fee applied to purchase and sale transactions. It is separate from the broker's own brokerage charge.

GST

An indirect tax on eligible financial-service charges. This estimator applies GST to brokerage, exchange charges and SEBI fees.

Stamp duty

A buy-side statutory levy with different rates for delivery, non-delivery equity, futures and options transactions.

Segment guide

Delivery, intraday, futures and options charge assumptions

The values below describe this page's simplified estimator. Broker-specific pricing and final contract-note charges may differ.

SegmentBrokerage assumptionSTT assumptionStamp duty
Equity delivery₹00.1% on buy + sell value0.015% on buy value
Equity intraday0.03% or ₹20 per leg, lower0.025% on sell value0.003% on buy value
Equity futures₹20 per leg0.05% on sell value0.002% on buy value
Equity options₹20 per leg0.15% on sell premium0.003% on buy premium

Rates can change and some brokers apply different brokerage, DP, clearing, IPFT, platform or settlement charges. Always check the current broker pricing page and the contract note before relying on an exact amount.

Worked examples

Brokerage calculation examples

These examples use the same formulas and simplified rates as the calculator above.

TradeBuy / sellQuantityGross P&LTotal chargesNet P&L
Equity intraday₹500 / ₹520100₹2,000₹54.42₹1,945.58
Equity delivery₹500 / ₹520100₹2,000₹113.32₹1,886.68
Futures estimate₹250 / ₹2601,000₹10,000₹193.81₹9,806.19
Options premium trade₹100 / ₹12050₹1,000₹60.97₹939.03
Profit after charges

Gross P&L, net P&L and trading break-even

A profitable price move is not necessarily a profitable trade after all charges are included.

Gross P&L

Sell value minus buy value before any brokerage, tax or exchange fee is deducted.

Total trading charges

The combined estimated brokerage, STT, exchange fees, SEBI fees, GST and stamp duty.

Net P&L

Gross P&L minus total trading charges. This is the more meaningful number for strategy review.

Break-even movement

The minimum favourable price movement needed to recover the complete round-trip trading cost.

Use the Risk Reward Calculator to compare planned upside and downside, then include estimated charges before deciding whether the trade still offers a useful net reward.

Why results differ

Why brokerage estimates vary by broker and exchange

Two calculators can return different results even for the same buy price, sell price and quantity.

Broker pricing model

A broker may charge zero delivery brokerage, a percentage of trade value, a capped amount or a flat fee per executed order.

Executed order count

Brokerage is commonly charged per executed order. Splitting one intended trade into several orders can increase the total fee.

NSE versus BSE charges

Exchange transaction charges and related levies can differ by exchange, segment and effective date.

Charges outside this estimator

DP charges, clearing fees, IPFT contributions, physical-settlement charges and broker-specific platform fees may apply.

Avoid these errors

Common brokerage calculation mistakes

Incorrect turnover, quantity or charge assumptions can make a trading-cost estimate unreliable.

01

Looking only at brokerage

Zero or low brokerage does not remove STT, exchange charges, SEBI fees, GST, stamp duty or other applicable costs.

02

Using only one side of turnover

A completed trade has both buy and sell value. Many charges use one side or total turnover according to segment rules.

03

Using lot count instead of quantity

For derivatives, multiply lots by the exchange lot size before entering the total quantity.

04

Ignoring order count

A flat brokerage fee is generally per executed order, so multiple entries and exits can cost more than one round trip.

05

Forgetting DP or settlement charges

Delivery sell transactions and physically settled derivatives can include charges not modelled by a simplified calculator.

06

Treating an estimate as a contract note

Exchange rates, taxes and broker pricing can change. Reconcile executed trades with the final contract note.

From gross to real performance

Review every strategy using net P&L with QbarTrade

QbarTrade can organise imported trades, execution history and charges so strategy analytics reflect the result after costs, not only the gross broker P&L shown before deductions.

Explore Broker Connect
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Use these tools with the brokerage calculator to check position size, margin, options payoff, risk-reward and account growth.

Brokerage calculator FAQ

Frequently asked questions

Open answers to common questions about brokerage, STT, GST, turnover, stamp duty, net P&L and broker charge differences.

What is a brokerage calculator?

A brokerage calculator estimates the trading costs attached to a buy-and-sell transaction. It uses the selected segment, buy price, sell price and quantity to estimate turnover, brokerage, STT, exchange transaction charges, SEBI turnover fees, GST, stamp duty, total charges and net profit or loss.

How is brokerage calculated in the share market?

Percentage-based brokerage is generally calculated as trade value multiplied by the applicable brokerage rate. A flat-fee broker may instead charge a fixed amount per executed order. For a complete trade, the buy and sell orders can each attract brokerage according to the broker's pricing plan.

What is the brokerage formula used by this calculator?

This calculator first calculates buy value as buy price multiplied by quantity and sell value as sell price multiplied by quantity. Turnover is buy value plus sell value. It then adds brokerage and statutory charges. Net P&L equals gross P&L minus total charges.

What charges are included in the QbarTrade brokerage calculator?

The result includes estimated brokerage, Securities Transaction Tax, exchange transaction charges, SEBI turnover fees, GST and stamp duty. It also shows turnover, gross P&L, total charges and net P&L. DP charges and broker-specific account or platform charges are not included.

What is STT in stock trading?

Securities Transaction Tax is a statutory tax collected on specified securities transactions. The side on which it applies and the taxable value depend on the segment. Delivery equity can attract STT on both sides, while intraday equity and equity derivatives generally apply STT according to the relevant sell-side or exercise rules.

What are exchange transaction charges?

Exchange transaction charges are fees levied for trades executed through an exchange. They are normally turnover-based and differ across cash equity, futures, options and exchanges. Options charges are generally calculated on premium turnover rather than the notional contract value.

What are SEBI turnover charges?

SEBI turnover charges are regulatory fees applied to securities transactions. They are separate from brokerage and exchange charges and form part of the total cost shown in a contract note.

How is GST calculated on stock-market charges?

GST is applied to eligible service charges rather than to the value of the shares or to the trading profit itself. This calculator applies GST to brokerage, exchange transaction charges and SEBI turnover charges.

How is stamp duty charged on stock trades?

Stamp duty is generally collected on the buy side and varies by transaction type. Delivery equity, non-delivery equity, equity futures and equity options can have different prescribed rates.

What is the difference between gross P&L and net P&L?

Gross P&L is the difference between the sell value and buy value before trading costs. Net P&L is what remains after estimated brokerage, taxes and statutory charges are deducted. Net P&L is therefore more useful when reviewing the actual economic result of a trade.

Does brokerage affect the break-even price?

Yes. A trade must first earn enough gross profit to recover brokerage and all other charges. Higher costs increase the price movement required to reach a no-profit, no-loss result.

Why do delivery, intraday, futures and options have different charges?

The taxable value, brokerage method, STT treatment, exchange fee and stamp duty can differ by segment. Delivery equity also involves ownership transfer, while futures and options are derivatives with separate turnover and settlement rules.

Does this brokerage calculator work for NSE and BSE?

The calculator provides an illustrative Indian-market estimate using the assumptions stated on the page. Exact exchange charges can differ between NSE and BSE, so verify the final amount against the selected exchange, broker pricing page and contract note.

Does the calculator include DP charges?

No. Depository Participant charges may apply when delivery shares are debited from a demat account, and the amount can vary by broker and depository arrangement. This simplified calculator does not add DP charges.

Why can my broker's contract note differ from this estimate?

Differences can arise from the broker's pricing plan, order count, exchange, segment, IPFT or clearing charges, DP charges, rounding, tax treatment, exercised options, physical settlement and changes in statutory or exchange rates. The contract note is the final record for an executed trade.

Why should brokerage and charges be tracked in QbarTrade?

Brokerage, STT, exchange fees, SEBI charges, GST and stamp duty reduce gross P&L. Tracking them in QbarTrade helps traders review net P&L, compare strategy performance after costs and identify whether frequent execution is eroding returns.

How does QbarTrade calculate brokerage and net P&L?

QbarTrade calculates buy value, sell value and total turnover from the entered prices and quantity. It then estimates brokerage, STT, exchange transaction charges, SEBI fees, GST and stamp duty. Gross P&L is sell value minus buy value, while net P&L is gross P&L minus the estimated total charges.

How does QbarTrade help after the brokerage calculation?

QbarTrade helps you review imported trades using net P&L instead of only gross broker P&L. You can compare charges across trades, evaluate whether costs affected a strategy and keep execution history connected with your trading journal.

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