Brokerage Calculator

What is a Brokerage Calculator?

Brokerage calculators are essential tools in the stock market, widely used by investors and traders. These calculators estimate the commission charged by brokers for executing trades on their platforms. When buying or selling stocks, various fees apply, including brokerage and other charges. The TIQS Brokerage Calculator offers a comprehensive solution, providing upfront estimates of brokerage fees for any trade. It covers both equity and F&O (Futures & Options) transactions. Moreover, this tool factors in additional costs such as Stamp Duty, Exchange Transaction Charges, and Securities Transaction Tax (STT). By accounting for all these elements, the calculator gives users a complete picture of their potential net profit or loss after all charges are considered. This holistic approach is crucial for making informed decisions in online trading. Before engaging in online share trading, it's important to familiarize yourself with the various types of charges involved. Understanding these costs is key to accurately assessing the true financial impact of your trading activities.

How does an online Brokerage Calculator Work?

Brokerage fees typically vary among brokers and are usually charged as either a percentage of the trade value or a flat rate.

At TIQS, we offer a competitive pricing structure:

For Equity Segment (Intraday & Delivery) : Rs 20 or 2.5% of trade value, whichever is lower

Options trading (all segments): ₹20 per executed order

No charges for:

1. Account opening

2. Platform usage

3. Call and Trade: ₹0 (No additional charges, Only Brokerages)

4. Futures : Rs 0 per executed order (Zero Brokerage, Other statutory Charges will be applicable)

To illustrate, let's consider an example: Investor 'X' places an intraday buy order of 25 shares of SBI Bank at Rs 780 each. The total trade value is Rs 19,500 (780 x 25). The brokerage calculation would be: Rs 19,500 x 2.5 % = Rs 487.5 However, since our fee is Rs 20 or 2.5% Of total Turnover for intraday trades, the actual brokerage charged would be Rs 20. For more complex scenarios, we've developed the TIQS Brokerage Calculator to simplify these calculations and estimated brokerage and statutory charges can be calculated.

How To Use TIQS Brokerage Calculator?

The TIQS Brokerage Calculator is a versatile tool designed to compute brokerage fees for both equity and derivatives (futures and options) trades.

To utilize this calculator effectively, follow these simple steps:

Step 1: Enter your intended buy price in the designated "Buy Price" field.

Step 2: Enter your intended sell price in the designated "Sell Price" field.

Step 3: Enter the number of shares you wish to acquire.

Step 4: Choose the appropriate stock exchange from the available options.

Upon completing these steps, the calculator will generate a comprehensive breakdown of charges, including:

1. Intraday brokerage fees

2. Delivery brokerage fees

3. Other applicable charges

This detailed analysis allows you to gain a clear understanding of the total costs associated with your potential trade, helping you make more informed investment decisions.