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Brokerage calculator is a tool which helps you to calculate the amount of brokerage you pay on your stock transactions. You can check the brokerage that you are paying to your broker currently and also compare how much you can save if you trade through Dhani Stocks. You can fill in the basic details below and start using the calculator.
1. How is brokerage calculated?
Brokerage is that amount, which is payable by the investor to the broker on transaction of a particular trade.
Formula: Total Brokerage = [(Total No. of Share)* (Unit Value of the Share)]*(Brokerage Percentage)
Example: If you buy 1000 shares of a company at the rate of ₹500 per share and sell those 1000 shares at the rate of ₹550 per share; the total brokerage calculated is ₹4200 ((1000 * 500) + (1000 * 550) * 0.4%).
In this case, the trader has to pay ₹4200 brokerage to the broker.
With Dhani Stocks enjoy unlimited trades @Zero Brokerage on delivery and pay just ₹15/- trade on Intraday, F&O and Commodity.
2. What will be the minimum brokerage charged to me per order?
The brokerage charged by traditional brokers is 0.20% of the total value of trade. But with Dhani Stocks, investors are charged ZERO brokerage on delivery.
3. What is the maximum brokerage that a broker can charge?
The maximum brokerage that can be charged by a broker has been specified in the Stock Exchange Regulations and hence, it may differ from across various exchanges. As per the BSE & NSE Bye Laws, a broker cannot charge more than 2.5% brokerage from his clients.
4. How is brokerage calculated in intraday and delivery trade?
The process of calculating brokerage for intraday trading is similar to that of calculating normal brokerage. Along with brokerage charges, there are additional charges like SEBI Regulator Fees, Stamp Duty and Securities Transaction Tax that are levied on the amount of the transaction.
With Dhani Stocks, Pay ZERO brokerage on delivery and just Rs 15/trade on Intraday.
5. How is commodity brokerage calculated?
Commodity brokerage is calculated on the entire value of commodity trade. Each broker sets their brokerage charge; it could either be a flat rate or a percentage. Then, a Commodities Transaction Tax – CTT of 0.05% and 0.0001% is levied on the seller and the buyer respectively.
6. Is Stamp Duty charge same for all Indian states?
No, in India stamp duty is levied by various states and hence rate of stamp duty varies from state to state.
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