NJ Wealth Brokerage Calculator

NJ Wealth brokerage calculator is one of the simple and easy-to-use calculators. It calculates the brokerage charges and all the other charges accurately. It gives you a clear idea about your trading expenses so that you can plan your trades accordingly.

Use the NJ Wealth calculator to calculate the charges you must pay to execute a trade for NSE, BSE & MCX trades. Also compare and calculate brokerage charges for Future, Option, Intraday, and Equity Segments.

How to use the NJ Wealth brokerage calculator?

Follow these steps to use the NJ Wealth brokerage calculator:

1. Financial instrument and segment: First select the financial instrument in which you want to trade. For instance, equity, currency, commodity. Then choose the segment such as equity delivery, intraday, futures, or options.
2. Exchange: Select the stock exchange on which you want to trade.
3. Price: Enter the buying and selling price at which you wish to execute your trade.
4. Quantity: Type the quantity of shares or lot size you want to buy or sell.
5. Calculate: Finally, click on "Calculate Brokerage". This will give you a detailed calculation report.

following charges explained:

• Brokerage charge: This is the fee charged by the broker to execute your trades.
• STT: This is the tax levied on selling securities. It varies depending on the type of trade.
• Transaction charges: Fees paid to use the stock exchange.
• GST: Tax on brokerage and transaction fees.
• SEBI charges: Charges levied by SEBI for buying and selling securities.
• Stamp duty: This is a government tax on security trading. It differs depending upon the state.

How is NJ Wealth brokerage calculated?

NJ Wealth brokerage is calculated using the following formula:

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 is the quantity of shares you are buying or selling.
• Price of one unit of stock: The price of a single share.
• Brokerage percentage/flat rate: You can choose from 5Paisa’s percentage-based and flat-rate brokerage plans.

Brokerage charges of NJ Wealth