Besides the purchasing price of the security, the cost of trading in securities includes many fees, one of which is brokerage. Brokerage is the fee paid to the broker in return for their trading services. which can be estimated using a brokerage calculator. This amount is subtracted from the trader's portfolio with the initial trade value. It is the fees a broker receives as compensation for facilitating trade.
Besides the purchasing price of the security, the cost of trading in securities includes many fees, one of which is brokerage. Brokerage is the fee paid to the broker in return for their trading services. which can be estimated using a brokerage calculator. This amount is subtracted from the trader's portfolio with the initial trade value. It is the fees a broker receives as compensation for facilitating trade.
For a trader, numbers are alive!!
Calcualte your brokerage at leisure here before placing orders
*Tax and charge details mentioned here are for informational purposes onlyyy. Actual charges on trading are subject to changes according to Government guidelines.
A discount broker is a stockbroker that provides standard trading services at a low commission. These stockbrokers may or may not have the necessary knowledge material for trading. The main focus of the discount stockbroker is on providing a reliable online platform for buying and selling.
However, such brokers do not provide ancillary services, such as investment advice, market analysis and so on. Ideally, a discount broker only eases the order execution for its clients but does not offer trading analysis or advice.
So, if you trade in large volumes and have the necessary experience, a discount broker is a good choice. In the long run, this will assist you in sustaining your profitability. On the other hand, if you require experienced trading advice and a thorough understanding of the market, you should use the services of a traditional broker.
A discount broker is a stockbroker that provides standard trading services at a low commission. These stockbrokers may or may not have the necessary knowledge material for trading. The main focus of the discount stockbroker is on providing a reliable online platform for buying and selling.
However, such brokers do not provide ancillary services, such as investment advice, market analysis and so on. Ideally, a discount broker only eases the order execution for its clients but does not offer trading analysis or advice.
So, if you trade in large volumes and have the necessary experience, a discount broker is a good choice. In the long run, this will assist you in sustaining your profitability. On the other hand, if you require experienced trading advice and a thorough understanding of the market, you should use the services of a traditional broker.
Investors interested in high-quantity trades might use a stock brokerage calculator to evaluate the brokerage commissions of various brokers in the stock market. The usage of brokerage calculators provides institutional investors with accuracy and transparency.
The following are some of the advantages of using online tools like the brokerage calculator.
Compare brokerage calculator to distinguish between commissions charged by different brokers.
Brokerage calculators give instant results.
It takes into consideration all trade costs.
It is completely free of cost.
As a result, traders can benefit considerably from using a brokerage calculator in their trading process and save a significant amount of time on cost analysis.
Investors interested in high-quantity trades might use a stock brokerage calculator to evaluate the brokerage commissions of various brokers in the stock market. The usage of brokerage calculators provides institutional investors with accuracy and transparency.
The following are some of the advantages of using online tools like the brokerage calculator.
Compare brokerage calculator to distinguish between commissions charged by different brokers.
Brokerage calculators give instant results.
It takes into consideration all trade costs.
It is completely free of cost.
As a result, traders can benefit considerably from using a brokerage calculator in their trading process and save a significant amount of time on cost analysis.
The following elements influence brokerage calculations:
The cost of buying and selling stocks: The selling or buying price is calculated using a stock brokerage calculator. It is a critical factor in determining brokerage commission. The brokerage computation is directly proportional to the amount of brokerage applicable on the sale because the intraday trading security is treated as a single unit. If you are an intraday trader, you can use the intraday brokerage calculator to know the fees.
The number of transactions: The transaction volume has a significant impact on the brokerage calculation. When making big investments, the share brokerage calculator can help lower the overall percentage commission. As a general rule, increasing share volumes result in higher brokerage amounts.
Type of broker: There are essentially two sorts of brokers in India:
○ Discount brokers
○ Full-service brokers
Full-service brokers offer a wide range of services related to securities trading, including research, sales management and advising. As a result, their fees are generally on the higher side. Discount brokers only provide a trading platform and charge a modest brokerage fee for it. These brokers normally charge a flat fee regardless of the trade size.
The following elements influence brokerage calculations:
The cost of buying and selling stocks: The selling or buying price is calculated using a stock brokerage calculator. It is a critical factor in determining brokerage commission. The brokerage computation is directly proportional to the amount of brokerage applicable on the sale because the intraday trading security is treated as a single unit. If you are an intraday trader, you can use the intraday brokerage calculator to know the fees.
The number of transactions: The transaction volume has a significant impact on the brokerage calculation. When making big investments, the share brokerage calculator can help lower the overall percentage commission. As a general rule, increasing share volumes result in higher brokerage amounts.
Type of broker: There are essentially two sorts of brokers in India:
○ Discount brokers
○ Full-service brokers
Full-service brokers offer a wide range of services related to securities trading, including research, sales management and advising. As a result, their fees are generally on the higher side. Discount brokers only provide a trading platform and charge a modest brokerage fee for it. These brokers normally charge a flat fee regardless of the trade size.
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Square off bracket orders straight from the position report
A brokerage calculator will help you know the transaction fees, Demat transaction fees, GST, SEBI fees, brokerage, STT and state stamp duty for a particular trade.
STT is 0.1% on both buying and selling shares for equity delivery. STT is 0.1% on both purchasing and selling of stocks intraday.
You can use the intraday brokerage calculator to know the intraday brokerage. Usually, the intraday brokerage is calculated on the total cost of the shares according to a pre-determined percentage. If the charge is .05% for intraday trading, then the brokerage would be calculated using the following formula: Intraday brokerage = Market price per share* total number of shares * 0.05%
The goal of intraday trading is to profit from stock market fluctuations. However, you need to pay intraday brokerage charges to execute trades when you engage in intraday trading, which includes:
SEBI regulatory charges
Securities Transaction Tax
Transaction charges
Brokerage and GST on brokerage
Stamp duty
To facilitate stock trading, traders must pay brokerage fees to middlemen. The equities brokerage calculator estimates the brokerage fees as a percentage of the total deal value. The calculator takes into account the trade value scale when determining the appropriate proportion of brokerage commission during the purchase or sale of a security. The formula that most brokerage calculators India use is:
Brokerage = Total shares traded (purchased or sold) x Price of a single stock x Applicable brokerage percentage.
Manually calculating brokerage is a time-consuming task. The availability of a brokerage calculator streamlines the procedure and allows for precise decisions in both delivery and intraday trading.
Nonetheless, a majority of brokers charge a portion of the deal value as brokerage fees. Such percentages may differ depending on the scale of the transaction value.
A brokerage calculator is an effective instrument as it offers several advantages to the investor. First, it is an online tool that brokers, and other investing platforms offer at traders' disposal, allowing them to make brokerage calculations easily before they execute a trade.
As time is the primary constraint in any trading transaction, the brokerage calculator proves beneficial because of its accuracy and clear and relevant information to the customer without any hidden terms and conditions. Moreover, with this tool, the investors get to know the charges instantly before even carrying out the trade, which helps the investors compare the trading cost of different competitors.
A brokerage calculator helps in computing brokerage while giving a fair indication about the stamp duty, transaction fees, SEBI turnover fee, GST, and Securities Transaction Tax (STT).
As a result, a brokerage charges calculator uncomplicates the process of calculating trade costs. To determine the trading costs, a person needs to add the below-given details in an online brokerage calculator:
The buying and selling price of the stock.
The total number of shares involved in the trade.
The state (for stamp duty).
The lot size (for options trading).
A brokerage calculator provides correct information regarding such changes in real-time, allowing quick and efficient trade. As a result, it is critical for traders who rely heavily on timing to execute their transactions, such as intraday traders.
Sharekhan Comtrade Private Limited (TM) operates the web site accessible from the URL www.myespresso.com (the “web site”').
Sharekhan Comtrade Private Limited is committed to protecting your privacy and utilising technology that gives you the most powerful, safe, online experience that you can get anywhere else.
Sharekhan Comtrade Private Limited does, however, gather certain information that is provided by you to the Web Site. Sharekhan Comtrade Private Limited believes that by collecting this information Sharekhan Comtrade Private Limited is able to provide you with a personalised web experience, and to assist its own sales team and advertisers in efficiently reaching an appropriate audience.Sharekhan Comtrade Private Limited does, however, gather certain information that is provided by you to the Web Site. Sharekhan Comtrade Private Limited believes that by collecting this information Sharekhan Comtrade Private Limited is able to provide you with a personalised web experience, and to assist its own sales team and advertisers in efficiently reaching an appropriate audience.
Sharekhan Comtrade Private Limited requests the minimum information it believes necessary to achieve this goal.
The following discloses Sharekhan Comtrade Private Limited's information gathering and dissemination practices for the Web Site:
System Data:
Sharekhan Comtrade Private Limited uses your IP address to help diagnose problems with our server and to administer the web site. Your IP address is used to identify you and your shopping cart and to gather broad demographic information.
Registration Data:
The Web Site's registration form may require users to give us contact information (like their name, phone number and e-mail address), unique identifiers (like their PAN Number) and demographic information (like their pin code, age or income level). The Web Site uses customer contact information from the registration form to send the users information about Sharekhan Comtrade Private Limited and promotional material from some of Sharekhan Comtrade Private Limited's partners. The customer's contact information is also used to contact the visitor when necessary. Unique identifiers (such as PAN numbers) are collected to verify the user's identity. Demographic and profile data is also collected at the Web Site. We use this data to tailor the visitor's experience at the Web Site, showing them contents that we think they might be interested in, and displaying the contents according to their preferences. This information is shared with advertisers on an aggregate basis.
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This site contains links to other Web Sites which are not necessarily been screened or reviewed by www.myespresso.com. Sharekhan Comtrade Private Limited is neither responsible for the privacy practices or the contents of such Web Sites nor shall be held answerable for the inaccurate, inappropriate or offensive data, material, information, products and services that may be viewed on those sites.
Sharekhan Comtrade Private Limited may operate a number of co-branded sites. Policies regarding information collection and sharing may differ on some of these co-branded sites. If you have any particular questions, you should check the privacy statement that appears on each co-branded site.
Order Forms:
The Web Site uses an order form for customers to request information, products and services. The Web Site collects visitors' contact information (like their mobile number or e-mail address), unique identifiers (like their PAN number) financial information (like their account or credit card numbers) and demographic information (like their pin code, age or income level). Contact information from the order form is used to send orders, information about Sharekhan Comtrade Private Limited, and promotional material from some of Sharekhan Comtrade Private Limited's partners to the visitors of the Web Site. The visitor's contact information is also used to get in touch with the visitor when necessary. Financial information that is collected is used to check the users' qualifications and bill the user for products and services. Unique identifiers (such as PAN numbers) are collected from Web Site visitors to verify the user's identity.
Surveys and Contests:
The Web Site's online surveys ask visitors for contact information (like their mobile number or e-mail address) and demographic information (like their pin code, gender, age or income level). The Web Site uses contact data from its surveys to send the user information about Sharekhan Comtrade Private Limited and promotional material from some of Sharekhan Ltd.'s partners. The customer's contact information is also used to contact the visitor when necessary. Users may opt-out of receiving future mailings; see the choice/opt-out section below. Demographic and profile data is also collected at the Web Site. The Web Site use this data to tailor its visitor's experience at the Web Site, showing them content that it thinks they might be interested in, and displaying the content according to their preferences. This information is shared with advertisers on an aggregate basis.
Sharekhan Comtrade Private Ltd run contests on the Web Site in which we ask visitors for contact information (like their e-mail address). Sharekhan Comtrade Private Limited uses contact data from its contests to send users information about Sharekhan Comtrade Private Ltd. and promotional material from some of our partners. The customer's contact information is also used to contact the visitor when necessary. Users may opt-out of receiving future mailings; see the choice/opt-out section below.
Third-Party Advertisement Servers:
Sharekhan Comtrade Private Limited engages the services of an outside advertisement company to display advertisement on the Web Site. These advertisements may contain cookies. While Sharekhan Comtrade Private Limited uses cookies in other parts of the Web Site, cookies received with banner advertisements are collected by the Advertisement company, and Sharekhan Comtrade Private Limited does not have access to this information.
Protection of your Data and Information:
The privacy and protection of your data and information provided to us is of vital importance. Sharekhan Comtrade Private Limited shall ensure to safeguard the security and confidentiality of any information you share with us. Any personally identifiable information of the customers obtained by us shall not be used or shared other than for the purposes to which the customers consents. However security and confidentiality of information cannot be guaranteed cent percent. Hence despite our utmost efforts to protect your personal information, Sharekhan Comtrade Private Limited and www.myespresso.com cannot warrant the security of any information you transmit to us through our online services. Such transmission of your personal information is done at your own risk.
Disclosure of Customer Information :
Sharekhan Comtrade Private Limited and www.myespresso.com shall not deliberately disclose customer's personally identifiable information to any unauthorized third person, save and except where such information shall be disclosed in good faith and for the purpose of law for the time being in force or to protect the rights and property of Sharekhan Comtrade Private Limited and www.myespresso.com.
Public Forums :
The Web Sites makes chat rooms, forums, message boards and/or news groups available to its users. Please remember that any information that is disclosed in these areas becomes public information and you should exercise caution when deciding to disclose your personal information.
Supplemental Information :
The Web Site supplements the information that you provide with information that is received from third parties.
The Web Site DOES NOT entice by the prospect of a special game, prize or other activity, to divulge more information than is needed to participate in the activity.
Further to the above, in light of the recently notified Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011. (Hereinafter referred to as the Rules)
The following shall be deemed to be sensitive information :
Password;
Financial information such as Bank account or credit card or debit card or other payment instrument details;
Physical, physiological and mental health condition;
Sexual orientation;
Medical records and history;
Biometric information;
Any detail relating to the above clauses as provided to body corporate for providing service; and
Any of the information received under above clauses by body corporate for processing, stored or processed under lawful contract or otherwise:
provided that, any information that is freely available or accessible in public domain or furnished under the Right to Information Act, 2005 or any other law for the time being in force shall not be regarded as sensitive personal data or information for the purposes of Rules.
Collection of Information:
Compliance with KYC guidelines as per SEBI / Exchanges / Or any other Act, law or regulation requiring the same and any internal KYC guidelines formulated by Sharekhan Comtrade Private Limited.
In order to provide enhanced trading experience to the client.
In order to provide any further information to be provided to regulators.
Such information may be collected in a manner that the client is always aware of the collection and purported usage of the same. The client shall have an option to withdraw consent to share the information. However such intimation shall be required in writing. Such intimation shall only be taken into account from the date on which the same is received. Sharekhan Comtrade Private Limited may choose to stop services to such a client in case such intimation is received. Such information shall only be used for the purpose it is collected.
Clients would be allowed an option not to disclose any information to be collected, provided the same is in compliance with regulatory requirements.
Disclosure of information:
Disclosure of sensitive information would be as per the terms agreed by the clients. For any change in such terms, the clients would be informed.
Provided no consent may be required in case the same is being shared as per compliance guidelines or as required by regulators.
Any information being disclosed to third parties would be in accordance with the Rules and would be done provided such third party has the same level of compliance guidelines as Sharekhan Comtrade Private Limited.
Sharekhan Comtrade Private Limited shall allow clients to review their personal information and the same shall be allowed to be edited provided exchange guidelines relevant to the same are followed.
Sharekhan Comtrade Private Limited shall maintain reasonable security practices and procedures and maintain a comprehensive documented information security programme. In the event of an information security breach, Sharekhan Comtrade Private Limited or a person on its behalf shall be required to demonstrate as and when called upon to do so by the agency mandated under the law, that there have implemented security control measures as per their documented information security programme and information security policies and information security policies that contain managerial, technical, operational and physical security control measures that are commensurate with the information assets being protected with the nature of business.
KYC Languages
Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Note: "This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail."
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