Trade Smart Online Brokerage Calculator assists investors and traders in calculating the brokerage charges for different securities. It is an important tool for anyone who is trying to make wise decisions about their investment. Because it allows them to comprehend every aspect of the costs associated with a trade. Trade Smart Online brokerage calculator helps to make the best possible decisions for the investor’s financial objectives.
Intraday Trade Smart Online Brokerage Calculator
For example, if we take a turnover of Rs. 10,000. The intraday brokerage charges will be Rs. 15. STT charges will be zero because it is not levied on the buy side in intraday trading. Exchange charges are NSE: 0.00325% and BSE: 0.00375%, so it will be Rs. 0.3 as per turnover. The GST charges are 18% (Brokerage + SEBI charges + transaction charges), so it will be Rs. 2.755. SEBI Charges are levied as Rs. 10/crore, so it will be Rs. 0.005. Stamp Charges are 0.003% or s. 300 / crore on the buy side, so it will come to Rs. 0.3. So, the total charges would come to Rs. Rs. 18.36.
Particulars | Charges |
---|---|
Turnover | Rs. 10,000 |
Intraday Brokerage Rate | 15 per order |
Brokerage Applicable | Rs. 15.00 |
STT | Rs. 0.00 |
Exchange Charges | Rs. 0.3 |
GST | Rs. 2.755 |
SEBI Charges | Rs. 0.005 |
Stamp Duty Charges | Rs. 0.3 |
Total Tax & Charges | Rs. 18.36 |
Net Debit | Rs. 10,018.36 |
Delivery Trade Smart Online Brokerage Calculator
For Delivery trading, suppose a turnover is Rs. 10,000. So, the brokerage charges will be Rs. 15. STT charge will be Rs. 10 because on delivery trading the charges are 0.1% on buy & sell. Exchange charges would be the same as intraday trading, so it will be Rs. Rs. 0.3. The GST charges are 18% (Brokerage + SEBI charges + transaction charges), so it will be Rs. 2.755. SEBI Charges are levied as Rs. 10/crore, so it will be Rs. 0.005. The stamp duty charges on equity delivery are 0.015% or Rs. 1500 / crore on the buy side, so the amount will come to Rs. 1.5. And the total charges would sum up to Rs. 29.56.
Particulars | Charges |
---|---|
Turnover | Rs. 10,000 |
Delivery Brokerage Rate | 15 per order |
Brokerage Applicable | Rs. 15.00 |
STT | Rs. 10.00 |
Exchange Charges | Rs. 0.3 |
GST | Rs. 2.755 |
SEBI Charges | Rs. 0.005 |
Stamp Duty Charges | Rs. 1.5 |
Total Tax & Charges | Rs. 29.56 |
Net Debit | Rs. 10,029.56 |
Trade Smart Online Brokerage Calculation
Change the options below to calculate Trade Smart Online brokerage.
Result for Intraday
Note: Charges may vary due to change in taxes and brokerage plans.
FAQs about Trade Smart Online
1. What is the Trade Smart Online brokerage calculator used for?
Ans. The Trade Smart Online brokerage calculator is used to calculate brokerage charges for different securities, helping investors and traders make informed financial decisions.
2. Are STT charges applicable on the buy side in intraday trading?
Ans. No, STT charges are not levied on the buy side in intraday trading.
3. How is the net debit amount calculated?
Ans. The net debit amount is derived by subtracting the total tax and charges from the turnover, representing the final amount an investor would pay.
4. Why is it essential for investors to use brokerage calculators like Trade Smart Online?
Ans. Using brokerage calculators is crucial as it empowers investors to make well-informed decisions, considering all associated costs and helping achieve financial objectives effectively.