What is Brokerage Calculator?
Brokerage Calculator helps you estimate brokerage and other trading charges using your broker's rates.
The main result is total estimated charges, with a breakdown of brokerage and GST. The formula, example and assumptions below explain how to interpret it.
How to use Brokerage Calculator
Use the example to get familiar with the form, then enter your own figures. Any rates in the example are illustrative. Check the field labels and units before calculating.
- Gather buy turnover (₹), sell turnover (₹), brokerage rate per side (%), brokerage cap per order (0 = no cap) (₹), buy orders, sell orders, other charges before GST (₹), other charges subject to GST (₹) and GST rate on brokerage and taxable charges (%). Use values from the same situation or reporting period.
- Replace the example buy turnover with your own value, then complete the other fields. Check the displayed units.
- Select Calculate and read total estimated charges with its result breakdown. Change one input and calculate again to compare a second scenario. Reset restores the original example.
- Enter buy turnover in ₹, at least 0. Decimals are accepted.
- Enter sell turnover in ₹, at least 0. Decimals are accepted.
- Enter brokerage rate per side in %, at least 0 and at most 100. Decimals are accepted.
- Enter brokerage cap per order (0 = no cap) in ₹, at least 0. Decimals are accepted.
- Enter buy orders, at least 1 and at most 10000. Use a whole number.
- Enter sell orders, at least 1 and at most 10000. Use a whole number.
- Enter other charges before GST in ₹, at least 0. Decimals are accepted.
- Enter other charges subject to GST in ₹, at least 0. Decimals are accepted.
- Enter GST rate on brokerage and taxable charges in %, at least 0 and at most 100. Decimals are accepted.
Brokerage Calculator: a worked example
With the inputs below, the result is ₹149 (total estimated charges). Follow the example, then replace these illustrative values with your own.
| Input or output | Example value |
|---|---|
| Buy turnover (₹) | ₹1,00,000 |
| Sell turnover (₹) | ₹1,05,000 |
| Brokerage rate per side (%) | 0.03 % |
| Brokerage cap per order (0 = no cap) (₹) | ₹20 |
| Buy orders | 1 |
| Sell orders | 1 |
| Other charges before GST (₹) | ₹100 |
| Other charges subject to GST (₹) | ₹10 |
| GST rate on brokerage and taxable charges (%) | 18 % |
| Total estimated charges | ₹149 |
| Brokerage | ₹40 |
| GST | ₹9 |
Understanding the Brokerage result
Read total estimated charges alongside brokerage and GST. These describe different parts of the same calculation.
Displayed results use a readable number of decimal places. When checking a result by hand, keep extra precision until the last step. To compare scenarios, change one input at a time and keep the others fixed.
- Example Brokerage: ₹40
- Example GST: ₹9
Brokerage Calculator: assumptions and common mistakes
A useful estimate starts with the right inputs. Check the following assumptions and limits before applying the result to your situation.
- Projection using the rate you enter, not a guaranteed return or live product quote. Unless stated otherwise, taxes, fees and inflation are excluded.
- Assumes equal turnover per order on each side when applying caps. Enter STT, stamp duty, exchange and other charges from the relevant market segment.
- A projected return is an assumption. Check whether fees, tax and inflation are included before comparing products.
For wider guidance, visit SEBI Investor Education. The formula and scope of this specific tool are stated on this page.
