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.