Trading Tools

Brokerage & Charges Calculator for Options, Futures & Intraday

See your exact brokerage, STT, exchange charges, and GST before you place the trade — updated for the April 2026 STT rates.

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Anil Hanegave
Founder, Trading Direction · 21,000+ students trained
Quick Answer

Use the calculator below to enter your buy price, sell price, and quantity for Equity Intraday, Futures, or Options — it instantly breaks down brokerage, STT, exchange transaction charges, SEBI charges, stamp duty, GST, and your final net P&L after all charges, using the rates in effect since the April 2026 Budget changes.

Definition

Trading charges are the combined statutory and broker costs deducted from every trade — brokerage, STT, exchange transaction charges, SEBI turnover fees, stamp duty, and GST — and they apply whether the trade is profitable or not.

Most traders check their P&L before checking what the trade actually cost them to place. On paper a ₹1,000 gain looks clean — until STT, exchange charges, and GST quietly eat 15–20% of it on an options trade. This calculator does the full breakdown instantly, so you know the real number before you're staring at a contract note wondering where the rest of your profit went.

Brokerage & Charges Calculator

📊 Calculate Your Trading Charges
Equity Intraday
Futures
Options
Turnover (Buy + Sell)₹0
Brokerage (2 orders)₹0
STT₹0
Exchange Transaction Charges₹0
SEBI Charges₹0
Stamp Duty₹0
GST (18%)₹0
Total Charges₹0
Net P&L: ₹0
Rates used: Post-Budget 2026 rates effective 1 April 2026 — Options STT 0.15% on premium (sell side), Futures STT 0.05% (sell side), Equity Intraday STT 0.025% (sell side). Exchange, SEBI, and stamp duty rates are NSE's current published maximums. These are close approximations for planning — always confirm the final number on your broker's contract note, since exact exchange charges can vary slightly by broker plan. For a second cross-check, Zerodha's brokerage calculator uses the same published rates.

What Each Charge Actually Means

A contract note lumps six different charges into one final number. Knowing what each one is makes the total make sense instead of feeling like a mystery deduction.

Brokerage

What your broker charges per executed order — usually a flat fee (₹20 is common) regardless of trade size, charged once on entry and once on exit.

STT (Securities Transaction Tax)

A government tax on the transaction value, charged automatically at execution. For options it's calculated on the premium value, not the strike value — and this is the charge that rose the most after the April 2026 Budget.

Exchange Transaction Charges

What NSE or BSE charges for executing the trade on their platform, applied on both the buy and sell legs.

SEBI Turnover Fee

A very small regulatory fee SEBI charges on total turnover — negligible per trade, but it's still a line on every contract note.

Stamp Duty

A state government levy charged only on the buy side, collected by the exchange at the time of trade.

GST

18% charged on brokerage, exchange charges, and SEBI charges combined — not on STT or stamp duty, and not on your profit.

Why Options Cost More Per Trade Than Futures

Options exchange transaction charges are calculated on the premium value, and that premium is usually a small fraction of the contract's actual notional value — which means the percentage-based charges look tiny but land on a much smaller base, making the effective cost per rupee of premium meaningfully higher than futures. This is part of why frequent, small-premium option trades erode returns faster than the raw P&L suggests — run the numbers above before repeating a setup you assume is "cheap" to execute.

Charges are only half the picture — the other half is whether your entries are systematic enough to be worth taking in the first place.

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Frequently Asked Questions

Is this Trading Direction calculator accurate for my exact broker?

It uses NSE's currently published maximum exchange charges and the post-April-2026 statutory rates, which apply industry-wide. Brokerage itself varies by broker plan, which is why it's an editable field — enter your actual per-order brokerage for a precise number.

Why did options STT increase in 2026?

The Union Budget 2026 raised STT on options premium from the earlier rate to 0.15% on the sell side, effective 1 April 2026, as part of a broader revision to F&O transaction taxes.

Does GST apply to my trading profit?

No. GST is charged only on brokerage, exchange transaction charges, and SEBI charges — never on STT, stamp duty, or your actual trading profit.

Why is my broker's brokerage showing as ₹0 but I still see charges?

Many brokers waive brokerage on delivery or specific segments, but STT, exchange charges, SEBI fees, and stamp duty are statutory — they apply regardless of what your broker charges for brokerage.

The Practical Takeaway

Charges aren't optional and they don't care whether the trade wins or loses — they're deducted either way. Run the numbers before the trade, not after, especially on options where the premium-based charges and the higher April 2026 STT rate combine to take a bigger bite than most traders expect. A setup only counts as "profitable" once it clears this line, not before it.

This calculator is for educational and planning purposes only and does not constitute financial or tax advice. Rates shown reflect NSE's published charges and statutory rates as of the April 2026 Budget changes and may be revised by the exchange, SEBI, or the government without notice. Always verify final charges against your broker's official contract note. Please consult a SEBI-registered advisor for personalised guidance.

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