Brokerage Calculator India — Compare Charges Across 18 Brokers

Most brokerage calculators show charges for one broker at a time. This calculator compares the same trade across 18 Indian brokers and shows the total cost side by side.

Enter your buy price, sell price, quantity, segment, exchange, and order count. The calculator estimates brokerage, STT or CTT, exchange transaction charges, SEBI turnover fee, stamp duty, GST, DP charges, call & trade charges, AMC allocation, total charges, net P&L, break-even sell price, and effective cost percentage.

It supports equity delivery, equity intraday, equity futures, equity options, currency futures, currency options, commodity futures, and commodity options. You can compare all brokers together or select up to five brokers for a focused comparison.

The tool is useful before placing a trade, comparing brokers, checking whether zero brokerage really saves money, or understanding how much charges reduce your actual profit.

Brokerage Calculator

Enter one complete trade with buy and sell details. The calculator ranks brokers by total estimated charges and shows how much profit remains after charges.

Brokerage calculator supported segments

This calculator estimates charges for one buy-and-sell trade across equity, F&O, currency, and commodity segments. Charges are based on May 2026 broker tariff data and regulatory charge assumptions.

Auto square-off penalties, F&O lot rounding, margin interest, pledge charges, and broker-specific promotional plans are not modelled. GST is an estimate.

What this brokerage calculator shows

This calculator estimates the complete cost of one trade, not just the broker’s advertised brokerage.

For each broker, it shows:

• Brokerage
• STT or CTT
• Exchange transaction charge
• SEBI turnover fee
• Stamp duty
• GST estimate
• DP charge, if applicable
• Call & trade charge, if selected
• AMC allocation, if selected
• Total charges
• Gross P&L
• Net P&L after charges
• Break-even sell price

This makes it easier to compare the actual trade outcome across brokers instead of comparing only headline brokerage rates.

For example, a broker with zero delivery brokerage may still have DP charges. A broker with low brokerage may have higher call & trade charges. A full-service broker may charge percentage-based brokerage, which becomes expensive on larger delivery trades.

The calculator combines all these components into one total charge figure.

How to use the brokerage calculator

1. Select the segment

Choose the trade segment: equity delivery, equity intraday, equity futures, equity options, currency futures, currency options, commodity futures, or commodity options.

Different segments have different statutory charges. For example, equity delivery attracts STT on both buy and sell sides, while intraday equity STT applies only on the sell side. Commodity trades use CTT instead of STT.

2. Select the exchange

Choose NSE or BSE. In this version, the calculator uses the same retail charge schedule as the broker cost optimizer. BSE-specific differences may be refined separately later.

3. Enter trade details

Enter buy price, sell price, quantity, number of buy orders, and number of sell orders.

Order count matters because many brokers charge per executed order or apply brokerage caps per order.

4. Choose brokers

You can compare all brokers or select up to five brokers. Use the broker selector when you want a direct comparison such as Zerodha vs Dhan, Groww vs Upstox, Angel One vs Zerodha, or Shoonya vs Mstock.

5. Use advanced options if needed

Open the advanced panel to include DP charges, AMC allocation, GST assumptions, and call & trade charges.

DP charges apply mainly to equity delivery sell transactions. AMC allocation is useful if you want to spread annual maintenance cost across an estimated number of trades.

6. Review the result table

The table ranks brokers by total estimated charges. It also shows net P&L and break-even sell price, so you can see whether the trade remains profitable after costs.

Why brokerage charges matter

Brokerage charges directly reduce your profit and increase your break-even price.

On a small delivery trade, the difference between brokers may be only a few rupees. But as order count, trade value, or frequency increases, the difference becomes more visible. A percentage-based broker can become expensive on high-value delivery trades, while a flat-fee broker can be expensive for very small trades.

For intraday and F&O traders, order count matters. A broker charging Rs 20 per executed order can cost much more than expected if a strategy generates many buy and sell orders. Even if the brokerage rate is capped, the cap applies per order.

For equity delivery investors, DP charges matter when selling holdings. DP charges are normally applied on sell-side delivery transactions and can affect investors who sell multiple stocks frequently.

For options traders, brokerage may look simple because many brokers charge flat per-order fees. But STT, exchange transaction charges, GST, and SEBI fees still affect net P&L.

This calculator helps you see the complete charge impact before you trade.

Brokerage charge components explained

Brokerage

Brokerage is the fee charged by the broker for executing your trade. It may be zero, a flat fee per order, or a percentage of turnover capped at a fixed amount.

Discount brokers usually charge zero delivery brokerage and flat or capped brokerage for intraday and F&O trades. Full-service brokers may charge percentage-based brokerage, especially for delivery trades.

STT and CTT

STT stands for Securities Transaction Tax. It applies to equity and equity derivative trades.

CTT stands for Commodity Transaction Tax. It applies to commodity derivative trades.

These are statutory charges and do not depend on the broker.

Exchange transaction charge

This is charged by the stock exchange on trade turnover. It varies by segment and instrument type.

The calculator includes exchange transaction charge in the total cost estimate.

SEBI turnover fee

SEBI turnover fee is a regulatory fee charged on turnover. It is small, but included for completeness.

Stamp duty

Stamp duty is charged on the buy side. It differs by segment.

GST

GST is estimated at 18% on brokerage and selected charge components. The exact invoice treatment may vary by broker, so this calculator should be treated as an estimate, not a tax invoice replica.

DP charge

DP charges apply mainly when you sell shares from your demat account in equity delivery. They are not normally relevant for intraday or F&O trades.

In this calculator, DP charge is optional and can be added from the advanced panel.

Call & trade charge

Some brokers charge an additional fee when you place orders through a dealer or support desk. If your trade was placed through call & trade, enable this option in the advanced panel.

AMC allocation

AMC is the annual maintenance charge for your demat account. It is not charged per trade, but you may allocate a small portion of it to a trade by entering estimated trades per year.

This is useful when comparing true total cost across brokers.

Brokerage calculator vs broker cost optimizer

This brokerage calculator is designed for one trade.

Use it when you want to know:

• How much this trade will cost
• Which broker is cheapest for this specific order
• What your net P&L will be after charges
• What sell price is needed to break even
• Whether charges materially reduce your profit

The broker cost optimizer is designed for annual cost comparison.

Use that tool when you want to know:

• Which broker is cheapest for your yearly trading pattern
• How AMC, DP charges, API costs, and monthly turnover affect annual cost
• Whether switching brokers could save money over a year
• How discount brokers compare with full-service brokers over time

In simple terms: use this brokerage calculator before a trade, and use the broker cost optimizer before choosing or switching brokers.

Who should use this brokerage calculator?

This calculator is useful for:

• Beginners checking how much a stock trade actually costs
• Delivery investors comparing DP and brokerage charges
• Intraday traders comparing per-order brokerage impact
• F&O traders checking net P&L after STT, GST, and exchange charges
• Traders comparing Zerodha, Groww, Upstox, Dhan, Shoonya, Angel One, Fyers, and full-service brokers
• Users deciding whether a zero-brokerage broker is actually cheaper
• Anyone who wants a break-even sell price before placing a trade

It is especially useful when the profit margin is small. In short-term trades, charges can decide whether a trade is profitable or loss-making.

Methodology and assumptions

The calculator estimates charges using:

• Buy turnover
• Sell turnover
• Buy order count
• Sell order count
• Segment-specific STT or CTT
• Exchange transaction charge
• SEBI turnover fee
• Stamp duty
• Broker-specific brokerage model
• Optional DP charge
• Optional call & trade charge
• Optional AMC allocation
• Optional GST estimate

Brokerage is calculated using the broker’s applicable model: zero brokerage, flat per-order brokerage, percentage brokerage, or percentage brokerage capped per order.

For delivery trades, DP charges are added only when enabled. DP is modelled as a delivery sell-side event charge.

Break-even sell price is calculated as:

Buy price + total charges ÷ quantity

This is an approximation because turnover-linked brokerage can change slightly as sell price changes.

This calculator is for informational and educational purposes only. Always verify charges on the broker’s official fee schedule before placing trades or opening an account.

Frequently asked questions

For annual cost comparison, use our demat broker cost optimizer. For broker selection, see the best demat accounts guide. If you already have two brokers in mind, compare individual broker reviews such as Zerodha review, Groww review, Upstox review, Dhan review, and Angel One review.