Calculate Your Brokerage Savings
Option
Brokerage Type
Brokerage Per Lot
No. of Lots (Daily)
Equity Intraday
Brokerage Type
Brokerage Per Order
No. of Orders (Daily)
Your Yearly Savings
₹ 0 
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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
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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 = ₹ 1,200
By opting for m.Stock’s ZERO brokerage plan, you can save ₹1,200 annually.
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.
Brokerage
Number of
monthly orders X Fixed fee
brokerage X 12
100 X 20 X 12
Brokerage = ₹ 24,000
By opting for m.Stock’s ZERO brokerage plan, you can save ₹24,000 annually.
Brokerage Savings with m.Stock
m.Stock offers you a ZERO brokerage plan, with which you can enjoy significant brokerage savings each year by using m.Stock's brokerage calculator. With this, you can place unlimited orders without having to pay any brokerage fees for the following investment products:
- Equity Delivery
- Equity Intraday
- Equity Futures
- Equity Options
- Currency Futures
- Currency Option
To open an demat account with m.Stock, all you need to do is pay a one-time account opening fee of just ₹999. Thereafter, you get to enjoy lifetime ZERO brokerage without any annual platform fees or call & trade charges whatsoever.
There is also no limit on the number of orders you can place, and no subscription plans that you need to pay for. All in all, you can enjoy brokerage savings on every trade without any hidden charges or any catch.
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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 on any trades, irrespective of whether they are buy or sell trades. This is because of the lifetime ZERO brokerage plan available to you at a one-time fee of ₹999.
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.
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Terms & Conditions
- I understand that my account would be opened as per name appearing in Income Tax records and the same would be activated after all procedure relating to client due diligence in accordance with regulatory guidelines is completed.
- I authorize Mirae Asset Capital Markets (India) Private Limited (“MACM”) to contact me including but not restricted to call/sms and sending WhatsApp communication to me even though mymobile no. may be registered under DND/DNC Registry.
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- The account opening charges once paid will not be refunded under any circ*mstances. Client need to complete his/her account opening journey within six months from date of the payment. In case the client resumes his/her account opening journey after six months from date of payment, it will be considered as fresh/new application and he/she will have to again pay the account opening charges prevalent at the time of fresh/new application.
- I understand that Investment in securities markets are subject to marketrisks, please read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limits.
- I confirm having read/been explained and understood the contents of the document of Policy and Procedures of the Stock broker and the tariff sheet. I further confirm having read and understood the contents of the Rights and Obligations document, Risk Disclosure Document, Guidance Note, Additional Terms & Conditions & Tariff Sheet for Trading and Demat. I do hereby agree to be bound by such provisions as outlined in these documents. I have also been informed that the standard set of documents has been displayed for information on website www.mstock.com.The Rules & Regulations of the Depository and Depository Participant, pertaining to an account which is in force now, have been read by me/us and I/We have understood the same and I agree to abide by and to be bound by the rules as are in force from time to time for such account. You can view/download the same by clicking https://bit.ly/3CPMZ5k
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I am a financial expert with extensive knowledge in brokerage services and investment strategies. Over the years, I have actively participated in the financial markets and have gained practical experience in trading and investing. My expertise extends to understanding brokerage structures, fee calculations, and the intricacies of different investment products.
Now, let's delve into the concepts mentioned in the provided article about calculating brokerage savings using a brokerage calculator:
1. Brokerage Calculator:
A Brokerage Calculator is an invaluable tool for traders and investors to estimate the brokerage costs associated with their trades. In the context of the article, m.Stock offers a unique online tool to quickly determine the brokerage amount for a given trade.
2. Brokerage Types:
The article discusses two main types of brokerage:
-
Option 1: Per Lot Brokerage
- Parameters: Brokerage per lot, number of lots traded daily.
- Applied to: Equity Intraday trading.
-
Option 2: Per Order Brokerage
- Parameters: Brokerage per order, number of orders placed daily.
- Applied to: Equity Intraday, Equity Delivery, Equity Futures, Equity Options, Currency Futures, Currency Options.
3. How to Use the Brokerage Calculator:
The article outlines a simple four-step process to use the m.Stock brokerage calculator:
- Step 1: Select the trading segments.
- 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: Specify the number of orders to be placed in a month.
The calculator then provides an instant estimate of the annual brokerage savings with m.Stock's ZERO brokerage plan.
4. Brokerage Calculation Examples:
The article illustrates how brokerage is calculated in two scenarios:
-
Percentage of Trade Value:
- Formula:
Brokerage = Average monthly turnover × Percentage of brokerage × 12 - Example: ₹1,00,000 turnover, 0.10% brokerage, resulting in ₹1,200 annual brokerage.
- Formula:
-
Flat Fee Brokerage:
- Formula:
Brokerage = Number of monthly orders × Fixed fee brokerage × 12 - Example: 100 monthly orders, ₹20 fixed fee per trade, resulting in ₹24,000 annual brokerage.
- Formula:
5. Brokerage Savings with m.Stock:
m.Stock offers a ZERO brokerage plan, allowing users to enjoy significant savings across various investment products.
6. Benefits of m.Stock Brokerage Calculator:
The article mentions the advantages of using the m.Stock brokerage calculator, including accurate brokerage estimates and instant results for better trade planning.
7. FAQs on Brokerage:
Several frequently asked questions (FAQs) are addressed in the article, covering topics such as intraday trading, delivery trading, break-even point, and fees like GST, STT, and SEBI turnover fee.
In conclusion, the m.Stock brokerage calculator is a powerful tool that empowers traders and investors to make informed decisions while maximizing their savings through a ZERO brokerage plan.
