NJ Wealth Brokerage Calculator

NJ Wealth Brokerage Calculator is a widely used tool to calculate brokerage charges, exchange transaction charges, STT, DP charges, GST, SEBI charges, and stamp duty charges online. By having a clear understanding of different types of charges along with the brokerage, you can easily determine your future course of action.

You can also compare and calculator brokerage charges for Future, Option, Equity, and Intraday trade categories.

How to Use NJ Wealth Brokerage Calculator:

1. Choose the right financial instrument in which the trading would be done including equity, currency, and commodity. After this, choose the category such as equity delivery, intraday, futures, or options.
2. Now, pick the exchange on which the trade would be executed
3. Now, enter the buying and selling price at which the trading would be done
4. Enter the quantity of shares or lot size that you want to buy or sell
5. After entering these details, click on “Calculate Brokerage”. This would provide you a comprehensive brokerage calculation table.
6. Brokerage charge: This refers to the amount charged by the broker to perform your trades.
7. STT: This refers to the tax charged against the sale of securities. It differs given the exact type of trade.
8. Transaction charges: Fees submitted against the usage of the stock exchange.
9. GST: Tax on brokerage and transaction charges.
10. SEBI charges: Charges levied by SEBI for the purchase and sale of securities.
11. Stamp duty: This refers to the government tax on security trading. It differs from one state to another.

How is NJ Wealth brokerage calculated?

NJ Wealth brokerage is calculated using the following equation:

Brokerage = Number of shares sold/bought x Price of one unit of stock x brokerage percentage/flat rate.

Where:

• Number of shares sold/bought: This denotes the quantity of shares that are bought or sold.
• Price of one unit of stock: The price of one share.
• Brokerage percentage/flat rate: Choose from 5Paisa’s percentage-based and flat-rate brokerage schemes.

Brokerage charges of NJ Wealth