## Option

Brokerage Type
Brokerage Per Lot
No. of Lots (Daily)

Brokerage Type
Brokerage Per Order
No. of Orders (Daily)
0
Why Wait? Start Investing

# What is a Brokerage Calculator?

A Brokerage Calculator is a unique online tool that is designed to help you quickly determine the amount of brokerage applicable for a given trade. You can use the m.Stock brokerage savings calculator to check how much brokerage you will save yearly by opting for the ZERO brokerage plan from m.Stock.

## How to use a Brokerage Calculator?

You are required to pay a set of charges, known as brokerage, in addition to the purchase price of the stock every time you trade. Brokerage can either be a percentage of the total trade value or a flat fee per trade. But since it adds to the overall cost of your investment, it is important to accurately calculate your brokerage using a brokerage calculator to make informed decisions.

So, how do you use a brokerage calculator? Using a brokerage charges calculator is extremely easy, and it only takes a few minutes. You only have to enter a few details of your trade. The calculator then uses this information to instantly give you an estimate of the amount of brokerage that you will save per trade with m.Stock.

### Follow the steps outlined below to use the m.Stock brokerage calculator:

• #### Step 1

Select the segment(s) that you wish to trade in

• #### Step 2

Choose the type of brokerage - Flat rate or percentage

• #### Step 3

Enter the brokerage fee per order or the percentage charged per order

• #### Step 4

And finally, specify the number of orders that you want to place in a month

The amount of brokerage that you can save each year by opting for m.Stock’s ZERO brokerage plan will be displayed instantly by the calculator.

## Brokerage as a % of trade value

In this case, the brokerage depends on the total value of the trade that you place, also known as the turnover. Let’s say that your average monthly turnover is around ₹1,00,000, and your stock broker charges 0.10% of the total trade value as brokerage.

In that case, the brokerage that you would have to pay annually would be as follows.

### Brokerage

Average monthly
turnover
X Percentage of
brokerage
X 12

1,00,000 X 0.10% X 12

## Brokerage as a flat fee

Discount brokers charge a flat fee brokerage. Here, a fixed fee is charged for every successful trade, irrespective of the trade value. Let’s say the number of monthly orders you place is 100 and your stockbroker levies a fixed fee of ₹20 for every trade.

In this case, the brokerage that you would have to pay annually would be as follows.

Number of
monthly orders
X Fixed fee
brokerage
X 12

100 X 20 X 12

## Brokerage Savings with m.Stock

With m.Stock ZERO brokerage demat account, you can enjoy significant brokerage savings each year, which you can calculate with the m.Stock brokerage calculator. Place unlimited orders across these segments: :

• Equity Delivery
• Equity Futures
• Equity Options
• Currency Futures
• Currency Option

To open a m.Stock Zero brokerage demat account, all you need to do is pay a one-time fee and enjoy lifetime savings on brokerage.

What’s more? The Annual Maintenance Charges for an m.Stock account is Zero for life. There is also no limit on the number of orders you can place. All in all, you can enjoy brokerage savings on every trade without any hidden charges or any catch.

## What are the benefits of the m.Stock brokerage calculator?

The m.stock brokerage calculator offers a host of benefits to the users such as

• It gives an accurate estimate of the brokerage saved
• It provides instant results and helps you plan your trades better

## FAQs on Brokerage Calculator

Brokerage is typically calculated either as a percentage of your trade value, or at a flat, fixed rate. However, when you trade with your m.Stock account, you need not pay any brokerage charges.

Intraday trading involves buying and selling a stock on the same day. While there are two sides to an intraday transaction, brokerage is calculated on only one side. Intraday brokerage can be calculated at a flat rate or as a percentage of the trade value. With m.Stock, however, you get the benefit of zero brokerage on your intraday trades too.

Broker commission or brokerage charges vary from one stock broker to another. Once you know the manner in which your stock broker levies brokerage fees, you can use an online brokerage calculator to check what the fees will be for each trade you make.

Delivery trading involves taking delivery of the shares you buy. In other words, you hold them for more than 1 day. The brokerage charges for delivery trading also vary from one broker to another.

You can use a brokerage calculator to compute the charges based on the fee structure of your stock broker. If you have opted for m.Stock as your broker, no brokerage is charged for your delivery trading, thanks to the ZERO brokerage plan.

Break-even point (BEP) shows you the price at which the net gains and net losses from a trade will be equal, after accounting for brokerage, STT and other charges. You can simply use an online calculator to compute the break-even point for a trade.

When you opt for m.Stock’s zero brokerage plan, you do not have to pay any brokerage or call & trade charges. As for other charges like STT, transaction charges, GST, SEBI charges and stamp charges, you can find a list of these fees on the m.Stock website.

No. With m.Stock, you do not have to pay any brokerage while placing buy or sell for Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures and Currency Options orders.

Securities Transaction Tax, also known as STT, is a tax levied on all purchases and sale of securities made through a stock exchange in India. STT is only applicable on equities, with commodities and currency segments being exempted from it.

No. Since stamp duty comes under the purview of the states, stamp duty charges may differ from one state to another. The stamp duty that is applicable to you is determined based on your correspondence address.

No. With m.Stock’s zero brokerage plan, you do not have to pay any brokerage on futures or option trades.

Yes, you are liable to pay 18% GST on all your trades. GST is applicable on the brokerage and transaction charges. Since m.Stock charges zero brokerage, you only need to pay 18% GST on the transaction charges applicable.

Yes. The SEBI turnover fee is around ₹10 for every crore of trade value.

The brokerage you pay can be influenced by several factors, including the type of trading account you have, the brokerage firm's fee structure, the volume of your trades, and the type of assets you are trading. Online brokers typically charge lower fees compared to full-service brokers. Additionally, promotional offers, account balance, and frequency of trading can also impact brokerage fees. Understanding these factors can help you choose the most cost-effective brokerage plan suited to your trading needs.

Brokerage is typically calculated on the market value of the transaction rather than the face value. The market value reflects the current trading price of the security, which is the actual cost involved in the transaction. This ensures that the brokerage fee is proportional to the actual amount being traded, providing a fair and transparent cost structure for both the trader and the broker.

The maximum rate of brokerage varies depending on regulatory guidelines and the type of brokerage firm. In India, the Securities and Exchange Board of India (SEBI) has set a maximum brokerage limit of 2.5% of the transaction value for equity delivery trades, while for intraday trades it is capped at 0.25%. However, most brokers charge lower rates, especially for online trading accounts. It’s essential to compare different brokers and their fee structures to ensure you are getting competitive rates that suit your trading activities. m.Stock stands out here, as it offers you the option of a Zero Brokerage Demat Account for a minor one-time additional fee.

## Other Calculators

• 10 million+
• 1-Click
Order Placement
• 2,203 Crore+
Average Daily Turnover
Beware of fake groups impersonating m.Stock: Please be vigilant against fake apps, messages, or any communication claiming to be from us. Always verify through our official channels. If you encounter anything suspicious, please report it immediately via email, to help@mstock.com. Stay safe and protect your information. Please be vigilant against fake apps, messages, or any communication claiming to be from us. Always verify through our official channels. If you encounter anything suspicious, please report it immediately via email, to help@mstock.com.
Stay safe and protect your information.

1st Floor, Tower 4, Equinox Business Park, LBS Marg, Off BKC, Kurla (W), Mumbai – 400 070
CIN Number : U65990MH2017FTC300493

Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limits. Statutory Charges/Taxes would be levied as applicable.

Compliance Officer: Mr. Kalpesh Patel (Stock Broking and DP Activities) Email - compliance.officer@mstock.com, Tel No: - 022-41887777

Mirae Asset Capital Markets (India) Private Limited (“MACM”) offer its online retail stock broking services under brand m.Stock
Registration Details: SEBI Stock Broker Registration No.: INZ000163138 – Membership in BSE – Cash and F&O Segment (Clearing Member ID: 6681), BSE Star MF Segment (Membership No : 53975) and in NSE – Cash, F&O and CD Segments (Member ID: 90144), Membership in MCX – (Member ID: 56980), SEBI Merchant Banking Registration No.: MB/INM000012485, SEBI Research Analyst Registration No.: INH000007526, SEBI DP Registration No: IN-DP-589-2021, CDSL DP ID: 12092900, CIN: U65990MH2017FTC300493. AMFI Registered Mutual Funds Distributor: ARN-188742.Tele No: 18002100818. In case of any grievances, please write to help@mstock.com
*Special Administrative Region of the People's Republic of China
**Account would be opened after all procedure relating to IPV and client due diligence is completed.
^MTF is subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017 (as amended from time to time) and the terms and conditions mentioned in rights and obligations statement issued by MACM

Mutual Fund Directory
Built with ❤️ in India | Copyright © 2024 - 2025, m.Stock By Mirae Asset Capital Markets (India) Pvt Ltd