How to calculate brokerage charges in zerodha 2025

How to Calculate Brokerage Charges in Zerodha: If you are investing or trading in the stock market using Zerodha, understanding brokerage charges is crucial. Zerodha, being a discount broker, offers some of the lowest brokerage fees in India. However, traders and investors must know how to calculate brokerage charges in Zerodha accurately to determine their net profit or loss. In this guide, we will break down Zerodha’s brokerage structure and help you calculate brokerage charges with ease.

How to Calculate Brokerage Charges in Zerodha:

How to Calculate Brokerage Charges in Zerodha: Zerodha follows a transparent and fixed brokerage pricing model, which is beneficial for traders, especially those who do intraday trading and futures & options trading. Below are the different types of charges applicable when trading on Zerodha:

Equity Delivery Trading (CNC – Cash and Carry): No brokerage is charged for delivery-based equity trades. This means if you buy stocks and hold them for more than one day, you don’t pay any brokerage.
Equity Intraday Trading (MIS – Margin Intraday Square Off): Zerodha charges a flat fee of ₹20 or 0.03% (whichever is lower) per executed order.
Equity Futures Trading: Brokerage for equity futures is ₹20 or 0.03% (whichever is lower) per executed order.
Equity Options Trading: Zerodha charges a flat fee of ₹20 per executed order for equity options.
Currency and Commodity Trading: Similar to equity futures, Zerodha charges ₹20 or 0.03% (whichever is lower) per executed order for currency and commodity futures, while for options, a flat ₹20 per executed order is charged.
Call & Trade Charges: If you place an order via a call instead of online, you are charged ₹50 per executed order in addition to the brokerage fee.

Other Charges in Zerodha

Apart from brokerage charges, there are additional charges that traders must consider:

Securities Transaction Tax (STT): Levied on the buy and sell side for equity delivery, and only on the sell side for intraday and F&O trades.
Transaction Charges: These are charged by the exchanges (NSE/BSE/MCX) and vary based on the segment.
GST (Goods and Services Tax): 18% GST is applicable on brokerage and transaction charges.
SEBI Charges: Charged at ₹10 per crore on turnover.
Stamp Duty: Charged as per state government rules.

Step-by-Step Calculation of Brokerage Charges in Zerodha

Let’s go through an example to understand how to calculate brokerage in Zerodha.

Example 1: Equity Intraday Trading

You buy 100 shares of a stock at ₹500 and sell them at ₹510 on the same day.
Total buy value = 100 × ₹500 = ₹50,000
Total sell value = 100 × ₹510 = ₹51,000
Brokerage: ₹20 or 0.03% of ₹50,000 (whichever is lower) = ₹15
STT: 0.025% of ₹51,000 = ₹12.75
Transaction Charges: 0.00345% of ₹51,000 = ₹1.76
GST: 18% of ₹15 (brokerage) = ₹2.7
SEBI Charges: ₹10 per crore = ₹0.051
Stamp Duty: 0.003% of ₹50,000 = ₹1.5

Total charges: ₹15 (brokerage) + ₹12.75 (STT) + ₹1.76 (Transaction Charges) + ₹2.7 (GST) + ₹0.051 (SEBI Charges) + ₹1.5 (Stamp Duty) = ₹33.76

Your net profit will be:
Total Selling Price – Total Buying Price – Total Charges
= ₹51,000 – ₹50,000 – ₹33.76 = ₹966.24

Example 2: Equity Delivery Trading

How to Calculate Brokerage Charges in Zerodha: Since Zerodha does not charge brokerage on delivery-based trades, let’s consider:

You buy 100 shares at ₹500 and sell them at ₹550 after a few days.
Buy value = ₹50,000
Sell value = ₹55,000

Since there’s no brokerage on delivery trades, we only need to consider STT, transaction charges, GST, SEBI charges, and stamp duty.

STT: 0.1% on buy & sell = ₹50 + ₹55 = ₹105
Transaction Charges: 0.00345% of ₹55,000 = ₹1.89
GST: 18% of transaction charges = ₹0.34
SEBI Charges: ₹10 per crore = ₹0.055
Stamp Duty: 0.015% of ₹50,000 = ₹7.5

Total charges: ₹105 + ₹1.89 + ₹0.34 + ₹0.055 + ₹7.5 = ₹114.79

Your net profit will be:
₹55,000 – ₹50,000 – ₹114.79 = ₹4,885.21

Using Zerodha Brokerage Calculator

How to Calculate Brokerage Charges in Zerodha: To simplify the calculation process, you can use Zerodha’s brokerage calculator. It provides accurate charge breakdowns for different segments, including intraday, delivery, F&O, currency, and commodities. Simply enter your trade details, and it will show you the charges instantly.

Final Thoughts

How to Calculate Brokerage Charges in Zerodha: Understanding how to calculate brokerage charges in Zerodha is essential for making informed trading decisions. By considering all charges, including STT, GST, and transaction fees, you can accurately determine your net profit or loss. For hassle-free calculations, using Zerodha’s brokerage calculator is recommended. Whether you are a beginner or an experienced trader, keeping track of these charges will help you trade more efficiently and manage your investment portfolio better.