After the start of business, Zerodha has become India’s leading broking house due to a proper blend of low brokerage plus cutting edge technology. They are the first broking house in India who bought the discount broking concept to India. Their concept was Rs. 20 brokerage per trade irrespective of the trading volume. A brokerage calculator was also introduced in their website which has given an instant quote of the brokerage charges for your trade. The recent addition is the Zerodha Brokerage Calculator Google Chrome Extension.
How To Use The Zerodha Brokerage Calculator On Their Website?
Visit the brokerage calculator page on Zerodha website HERE. This will open the page where you can check brokerage of the following: intraday equity, delivery equity, F&O – futures, F&O – options, currency futures and options and commodity futures. You can also view and download sample contract notes from the page. See the image below:
Suppose you are calculating the brokerage for intraday equity, i.e, MIS orders, put buy price as 1000, sell price as 1100 and quantity as 400 the calculator will automatically calculate the total brokerage and charges and will find our the net profit as Rs. 39809.33. See the image above.
How To Install The Zerodha Brokerage Calculator Google Chrome Extension?
- Visit the google chrome webstore to download the extension
- Write “Zerodha Brokerage Calculator” in the search box and click on search.
- This will bring the search results.
- Click on ADD TO CHROME button.
- This will add the extension to your Google Chrome.
How To Use the Zerodha Brokerage Calculator Google Chrome Extension?
While you are giving a buy or sell order on Zerodha Kite you can side by side check the projected brokerage for the order. While you are on the Zerodha Kite page itself you can click on the blue Zerodha logo seen on the google chrome bar.
You can click on your segment where you are trading. Available segments are Intraday equity, delivery equity, futures, options in the NSE market; Currency futures and currency options in the currency segment and futures in the commodity segment. Here I was trading Reliance equity in the cash segment on an intraday basis, hence I clicked on INTRADAY EQUITY.
Next, you can put your buy price and sell price and trading quantity in the available fields and the brokerage will be calculated automatically. You can select between exchanges: NSE or BSE and the total brokerage with all taxes are at your fingertips.
Indrajit is a professional blogger and trading system developer. Amibroker expert, WordPress expert, SEO expert and stock market analyst.Trading since 2002, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.