Brokerage Calculator of Zerodha | Calculate the Brokerage and other Charges of Zerodha
When you trade-in shares or stocks like equities, commodities, currency, F&O or buy IPOs, it involves several other charges than the actual amount paid to buy stocks, those charges are a brokerage, Securities Transaction Tax i.e. STT, Exchange charges, SEBI Turnover fee, Goods and Services Tax i.e. GST, Stamp duty etc.
These charges are a percentage of total trade value, charged over and above the original trade value. These charges are deducted from traders’ trading account allocation.
Many times these charges are substantial considering the value of a trade that is done multiple times. This is why ZERODHA offers a Brokerage Calculator to help their customers or users know in advance, what would be the additional charges they need to pay.
It also helps traders know their overall P&L (profit and loss) for each trade. This online brokerage calculator will simplify the process of calculating the total cost of trade to a great extent. As a trader, you need to feed the following inputs into this online brokerage calculator of ZERODHA to compute their cost of trading-
- Buying price of stock
- Selling Price of stock
- No of shares transacted
- State (for stamp duty)
How to use the Zerodha Brokerage Calculator?
Brokerage charges are the fees that a broker collects from a trader to facilitate trade using its platform. Brokerages are charged by brokers for both buying or selling the stocks. ZERODHA offers ZERO brokerage for equity delivery. This calculator will show ZERO brokerage for Equity delivery using Zerodha trading platform like Kite.
Following are the steps you need to follow while using this online calculator-
- Enter your buy price
- Enter your sell price
- Enter Quantity of Shares
- Select your State
- Press Calculate button
By using this online calculate all the charges that ZERODHA apply to their customers are shown below–
- Brokerage Charges
- Securities Transaction Tax i.e. STT,
- Exchange charges, SEBI Turnover fee,
- Goods and Services Tax i.e. GST,
- Stamp duty
These charges are dependent on which type of brokerage firm you are taking service from. There are two types of brokers in India;
- Full-Service Brokers
- Discount Brokers
ZERODHA is a discount broker.
What are the benefits of Zerodha Brokerage Calculator?
Following are the benefits of Online ZERODHA Brokerage Calculator:-
- You get the complete insite of all the different charges being levied on your trades. It also tells you the exact amount you need to have in your trading account other than the target stock value.
- Using this online calculator you can compare charges of other brokers and compare with ZERODHA.
- It gives you the exact total cost including all other charges which have been incurred to buy or sell the stocks.
- It is free of charge.
- No one explains these complete charges to their customers while asking to register on their platform, hence this calculator gives complete and true information to traders.