Ever wondered how much each order costs you with Ventura? Our brokerage calculator will help you calculate the brokerage you need to pay for any order
A brokerage calculator is an online tool that helps investors calculate the total cost of a trade, including brokerage fees, taxes, and other charges. By entering details like trade volume, buy and sell prices, and brokerage rates, users can quickly determine the exact expenses and net profit or loss from a transaction. This tool is essential for traders to understand their costs and make informed decisions. The Ventura brokerage calculator simplifies complex fee structures, providing transparency and aiding in the optimisation of trading strategies, ultimately enhancing financial planning and investment outcomes.
Brokerage is calculated as a percentage of the total trade value or as a flat fee per transaction, depending on the brokerage firm’s policy. The calculation involves multiplying the trade value by the brokerage rate. For example, if the brokerage rate is 0.5% and the trade value is Rs. 10,000, the brokerage fee would be Rs. 50. Additional charges, like transaction fees, taxes, and levies, may also apply. Understanding how brokerage is calculated helps traders estimate costs, plan their trades effectively, and maximise profitability by selecting cost-efficient brokerage plans that suit their trading frequency and volume.
Securities Transaction Tax (STT) is a tax levied on the purchase and sale of securities listed on recognized stock exchanges in India. It applies to transactions involving equity, derivatives, and mutual funds. STT is charged at different rates depending on the type of security and transaction—delivery-based equity trades attract higher STT compared to intraday and derivatives trades. For instance, the STT on equity delivery is 0.1% on both the buy and sell sides. This tax aims to curb excessive speculative trading, ensuring market stability and is a significant component of the overall trading cost for investors.
Goods and Services Tax (GST) is charged at 18% on the brokerage and transaction fees for each trade in India. This indirect tax applies to the service provided by the broker for facilitating the trade. For example, if the brokerage fee for a trade is Rs. 100, the GST would be Rs. 18, making the total brokerage charge Rs. 118. GST is a part of the overall cost of trading, and understanding its impact helps investors accurately calculate their trading expenses and manage their investment costs effectively, ensuring better financial planning and compliance with tax regulations.
SEBI turnover fees are charges levied by the Securities and Exchange Board of India (SEBI) on the total turnover of trades executed on stock exchanges. These fees are collected to fund SEBI’s regulatory activities and maintain the integrity of the securities market. The fee is typically a small percentage of the transaction value. For instance, SEBI charges 0.0002% of the total turnover for equity trades. These fees, though minimal, are an essential part of the trading costs and are automatically included in the transaction charges by brokers, ensuring transparent and fair market operations.