Interactive Brokers Brokerage Calculator

Interactive Brokers Brokerage Calculator is an easy way to calculate your trade costs across equity, derivatives, commodities and currency. It breaks down brokerage charges, transaction charges, SEBI turnover charges, GST and stamp duty. With this, you can calculate your exact trade cost and plan better, and take informed decisions. Whether you are a pro or a newbie, this tool makes it easy to understand and manage your trading costs and helps you to earn more with Interactive Brokers’ lowest brokerage.

Steps to Use Interactive Brokers Brokerage Calculator:

Step 1. Choose the Type of Transaction:

Select the type of trade that you are making. Calculators will have options like:

• Equity Delivery (buying and holding stocks)

• Equity Intraday (buying and selling stocks on the same day)

• Futures & Options (for derivative trading)

• Commodities

• Currency Trading

Step 2. Select the type of exchange

• NSE

• BSE

Step 3. Enter the Trade Details:

• Buy Price: The price at which you plan to buy the stock or security.

• Sell Price: It is the target price at which you plan to sell your shares or securities (if applicable).

• Quantity: The number of shares or securities you're buying or selling.

Step 4. Transaction Type (Buy or Sell):

• Choose whether the transaction is a buy or a sell.

• The calculator requires you to perform two separate calculations for buy and sell trades.

Step 5. Taxes and Other Charges:

The brokerage calculator will automatically include charges like:

• Securities Transaction Tax (STT)

• Exchange Transaction Charges

• GST (Goods and Services Tax)

• Stamp Duty

• SEBI Turnover Fees

Any other applicable charges based on your location and the type of trade.

Step 6. Click Calculate:

• Once you have filled in all your details, click the "Calculate" button to see the breakdown of all charges.

• The calculator will display the total brokerage, taxes, and other charges.

• You will also get to know your net profit or loss after deducting all these costs.

Explanation of Charges

Brokerage Charges: These are charges that the broker levies when you execute the buy and sell orders. The charge can be a percentage of the value of the trade or a flat fee per order.

Exchange Transaction Charges: These are the charges levied by the stock exchanges (like NSE and BSE) for executing trades.

DP Charges/Clearing Charges: DP charges are the charges levied by the depository in the form of CDSL or NSDL for holding and keeping securities in electronic form for you.

SEBI Charges: The Securities and Exchange Board of India (SEBI) imposes regulatory charges on all buy and sell transactions to fund the regulatory and developmental activities in the Indian stock market.

Stamp Duty Charges: Stamp duty is a form of tax charged upon the legal acknowledgment of documents, including securities trades.

Total Charges: This is the total of all fees and expenses listed above. It, therefore, represents the cumulative amount paid to complete one trade or otherwise deducted from your account when carrying out the trade.

Profit & Loss: The P&L section of the Interactive Brokers brokerage calculator reveals the net gain or loss that a trader would incur after deducting all trading expenses from gross profit.

Brokerage Charges of Interactive Brokers

Whether you are a pro or a newbie, this tool makes it easy to understand and manage your trading costs and helps you to earn more with Interactive Brokers’ lowest brokerage.