Gone are the days when investors and traders had to manually gather charge details, calculate buy and sell prices, apply fees, and double-check for errors, only to miss the right moment to make a trade. Welcome to Tradejini’s very own brokerage calculator where we provide you with transparent and accurate transaction charges. We believe that every investment and trade must be made with complete financial information and this includes the brokerage charges. What is a Brokerage calculator? A brokerage calculator is an online tool which you can use to calculate the exact amount of charges levied on the transaction in advance and then proceed accordingly. You can calculate the transaction cost for Equities, Derivatives and Commodities for free and proceed with your investment/trade. Formula for Brokerage Calculation The formula for calculating brokerage is straightforward: Brokerage = Number of Shares × Price per Share × Brokerage Percentage For example, let's say Mr. Jini purchased 10 shares at a price of ₹500 per share for equity delivery.
The brokerage charges would be calculated as follows:
Brokerage = 10 shares × ₹500 × 0.1%
= ₹5000 × 0.1%
= ₹5
Since the brokerage is either 0.1% of the total value or a flat fee of ₹20, whichever is lower, the final brokerage charge will be ₹5, as it is less than ₹20. Additionally, we also provide a “Points to break even” which is Total charges ÷ Quantity This feature helps users easily determine the minimum price movement required to cover all costs, providing better clarity. How to use the brokerage calculator? Our calculator is quite simple to use. All the charges are accurate, up-to-date already present in the layout. All you have to do is enter the :

• Quantity of asset
• Buy Price of the asset
• Sell Price of the asset

The tool will automatically calculate the Turnover, Tradejini Charges, Statutory Charges and the Net P&L. Factors influencing brokerage calculation The brokerage charged will differ based on several factors such as :

• Buy / Sale Price: The higher the trade value, the higher the brokerage as it's often calculated as a percentage of the total trade value. However, this is not applicable for CubePlus users since our charges are capped at ₹20 a trade.
• Volume of Transaction: A larger transaction volume leads to a higher brokerage cost.
• Market Segment: Brokerage charges vary by market type, such as equities- delivery & intraday, commodities, derivatives- Futures & Options or Forex, each with different fee structures.
• Statutory Charges: Fees like STT, SEBI charges, GST, and stamp duty are subject to changes and add to the overall cost of a trade. However, these changes will be automatically updated in the calculator as and when the changes take place, ensuring up-to-date and accurate charges.
• Type of Broker: Traditional brokers usually charge between 0.3% and 1% of the total turnover. At Tradejini, as a discount broker, we offer a more cost-effective solution by charging just 0.1% of the transaction value or ₹20 per trade, whichever is lower, ensuring you save more on every trade without compromising on service quality.

Why use a Brokerage Calculator? Investing in the stock markets can yield significant returns, but it’s essential to be aware of the costs involved. At Tradejini, we want every trader and investor to be fully informed about the applicable charges, which is why we’ve developed a brokerage calculator. This tool is designed to help you manage and plan your investments better by offering clear insights into trading costs. Here’s why using a brokerage calculator is essential:

• Accurate Cost Estimation: It provides an exact breakdown of brokerage fees, taxes, and other charges, allowing you to calculate the total cost of each trade upfront.
• Improved Financial Planning: By knowing your trading costs in advance, you can manage your budget more effectively and make informed decisions on your investment strategy.
• Maximized Returns Potential: Understanding all costs helps you identify opportunities to reduce fees, thus maximizing your net returns on each trade.

We hope that this guide has been helpful and our brokerage calculator proves to be useful and convenient to use. If you still have some queries regarding the costs, you can visit our charges page for detailed information. If not, you can go through our FAQs for some quick answers to your questions. FAQs