Finvasia Brokerage Calculator – Calculate Brokerage, Charges & Net Profit Easily

Key takeaways:

• The finvasia brokerage calculator is an online tool made to help the traders using shoonya platform to estimate the trade cost. 
   
• The calculator helps you know the STT, stamp duty, and transaction charges. 
   
• The finvasia brokerage calculator is an ideal calculator for all the traders who take 10-15 trades per day. 
   

Bonus tip:

Finvasia brokerage calculator introduced a new fee structure according to which it will charge an annual fee of ₹499 per year for all active accounts, ₹5 per trade for intraday, equity and commodity derivatives trades. 

Imagine a finvasia brokerage as a zoo entry fee. You can enter the park freely but there are separate charges for the rides, food and certain government taxes. The finvasia brokerage calculator acts as a budget planner that helps you know how much your free day at the park will cost you in total. 

For example, you buy a contract worth ₹15,000 and without using the calculator you think that finvasia has zero brokerage. So, you will just have to pay ₹ 15,000.

But after using the Finvasia brokerage calculator, you can know the GST charges, stamp duty and other charges as well. 

What is a finvasia brokerage calculator?

Shoonya, a finvasia’s trading platform offers the finvasia brokerage calculator to calculate the following charges: 

• brokerage charges (₹0 for most of the segments) 
• exchange transaction charges
• GST charges 
• stamp duty charges
•  total trade cost
• net profit or loss
• STT charges
• SEBI fees 

These charges are easily calculated while using the finvasia brokerage calculator.

Example 1 Kartik traded large quantities of SBI shares. He bought 2,000 shares at ₹600 and sold them at ₹600.20. 

Using the finvasia brokerage calculator, Kartik saves ₹40 ( buy and sell cost) and makes high frequency scalping more viable. 

Example 2 neetu held NIFTY futures for 3-4 days with brokerage ₹0. She used a Finvasia brokerage calculator to plan the exit. It helped her to estimate the accurate value of profit.

Example 3 Arjun was a traditional bank broker but now he is shifting to a discount broker. He compared the zerodha brokerage calculator with finvasia. 

He realised that both are free for equity delivery. The Groww brokerage calculator has a little fee but finvasia is absolute zero. 

How to use the finvasia brokerage calculator?

Follow the below steps to easily access the finvasia brokerage calculator: 

Step 1: go to the official website  https://select finology.in/broker/shoonya/calculator.

Step 2: provide your quantity, buy price and sell price.

Step 3:  tap on “calculate brokerage”. 

After following these steps, you will get your results instantly. 

What are the benefits of using the finvasia brokerage calculator? 

There are several benefits associated with the usage of Finvasia brokerage calculator: 

1. The calculator helps you estimate the total cost including STT, SEBI fees, transaction fees, stamp duty. Even if the brokerage is zero, these charges are applicable.
2.  it has a comparison power that helps you know the real savings when it is compared to different platforms.
3. before the trade is executed, you can know the estimated net profit or loss. 
4.  The calculator helps you know how much margin you need for taxes in your account.

Overall, using the finvasia brokerage calculator is beneficial to plan your trading.

Conclusion:

Finvasia is a shoonya platform that means a platform with zero brokerage but has other charges. Finvasia brokerage tool is an important navigation tool which helps you to trade with clarity and a good profit target. 

It is not just a tool, this calculator is your trading companion. In today’s world, competition is so high along with the margins. It is important to understand that calculating brokerage is an essential part of trading for a long term success. 

FAQs

1. Is the Finvasia brokerage calculator free to use? 

Yes, there is no subscription fee or any other hidden charges with the tool. You only have to pay the statutory charges like GST, STT, exchange charges. 

2. which are the best zero-AMC brokerage platforms?

Some of the best brokerage platforms with zero annual maintenance charges are Shoonya by Finvasia, Groww, Dhan, Fyers. 

3. What are the stamp duty charges in finvasia?

In case of delivery trades, the stamp duty in finvasia is 0.015% and for intraday,  it is 0.003%. The finvasia brokerage calculator helps you know the complete breakdown of all the costs including statutory charges.

4. Can I start trading with Finvasia with funds as low as Rs.100? 

Finvasia is a platform which is brokerage free. It offers a lifetime free trading account, no account opening fee and zero clearing fee. However, you have to pay the other statutory charges involved. These charges include Stamp duty, GST, STT, transaction charges. You can use the finvasia brokerage calculator to know your total cost. 

5. If Shoonya has zero charges, why do I still see charges in the calculator?

Shoonya by finvasia is a free platform that offers zero brokerage. But there are statutory charges that cannot be avoided. The finvasia brokerage calculator helps to know the total cost of your trade including the government charges.