Angel broking brokerage calculator help in saving time from calculating the brokerage manually. The company Angel broking started in the year 1987 it is one of the largest full-service retail brokers in the Indian Market offering online discount brokerage services. The company offers a wide range of investment and trading services that includes stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution.
What is a Brokerage Calculator?
A brokerage calculator is a profitable tool that offers several advantages to traders and investors. The brokerage calculator helps in providing clear data and relevant information to the customer without any hidden terms and conditions. When you are into trading and have to carry out a transaction, at that time it is the most important factor. Manually working on the brokerage can take much time and calculation can go wrong. So using a brokerage calculator helps investors to have an advantage as even before executing a trade, they can get to know the charges instantly. The information displayed by the brokerage calculator is adequate which helps the investor compare the costing of competitors.
A brokerage calculator helps the investors to get a clear idea of how much amount they have to pay on a particular transaction taken out. Before investing this helps in making the investment in a smart way. You can use the calculator and compare charges.
Angel Broking Brokerage Calculator – Calculate Brokerage & Other Charges
Angel broking brokerage calculator helps in calculating the brokerage and transaction charges. Brokerage calculator Angel broking also helps in calculating STT, SEBI Turnover charges, Stamp duty & GST. With this, you can also keep a note of all the Profit or Loss incurred for all buy & sell transactions in the Angel Broking Calculator.
How to use the brokerage calculator Angel broking?
Here is the way how brokerage calculator Angel broking works and how you can easily calculate the whole profit and loss.
The information needed to be used while using the Angel broking calculator
1. Buy price
2. Sell price
3. Number of prices
4. Lot Size – in the case of Options trading
5. Your State – to calculate Stamp Duty
Here are the steps on how you can easily use the Angel broking calculator and calculate the Brokerage and charges to be paid while trading on the website.
1st Step – Enter your buy price
2nd Step – Enter your sell price
3rd Step – Enter Quantity of Shares
4th Step – Select your State
5th Step – Press Calculate button
The process will hardly take a few seconds and will automatically calculate all the charges that are to be paid by the clients on the Angel Broking application. The charges charged by Angel broking include –
- Angel Broking Brokerage
- Transaction Charges
- STT Charges
- SEBI Turnover Charges
- GST
It will also provide you with actual profit or loss incurred in the entire buy & sell process.
Angel broking margin calculator
One of the most important things while trading in the future and options is the concept of the margin that needs to be calculated. Before you start trading in F&O it is important to deposit some amount, what is called an initial margin with the broker. This helps in protecting the broker if the buyer or seller commits any kind of loss while trading in the futures and options due to price volatility.
They give you the option to trade in multiples of the initial margin deposited. For example, if the margin is 10% and you are interested in investing 10 lakh in futures and options, then you have to deposit Rs 1 lakh with the broker. This process of multiples that you trade in is called leverage.
Talking about the margins, it differs from index to index and share to share. For this, you need an F&O calculator to figure out the margin to trade in the equity or index F&O to easily calculate the brokerage. For this, there is an Angel broking margin calculator which helps in calculating the margin.
SPAN Margin calculator
Before using the Angel broking margin calculator in the F&O margin calculator it is important to know about the types of margins like SPAN. SPAN is the short form of Standardized Portfolio Analysis of Risk. The SPAN margin calculator is used for complex algorithms to determine margins. It comes at the initial margin equal to the highest loss a portfolio would suffer under several scenarios (around 16). The SPAN margins are changed around 6 times a day. The calculator will give different results depending on the time of day.
Value at Risk margin
The NSE F&O margin calculator also keeps the value at Risk (VaR) margin. This helps in the estimation of the probability of loss of value of an asset based on the statistical analysis of historical price trends and volatility. The margin depends on whether the securities are listed by Group I, Group II, or III. Also, there is an Index VaR for the various indices.
Extreme Loss Margin
There is a segment called Extreme Loss Margin (ELM). This is the higher of the other two with five percent or 1.5 times the standard deviation of daily logarithmic returns of the security price in the last six months. This is calculated usually at the end of each month by taking the rolling data of the past six months. The result that comes with the data is applicable for the next month.
Angel One Margin Exposure
Leverage exploration is decided on the basis of the asset and trade type. This is usually a multiple of margin deposit, taking an example you have received exposure 48 times in Equity and F&O segments on your margin amount.
Also from July 2018, SEBI made it mandatory for all investors to block sufficient margin amount (SPAN+ Exposure) when they are placing an order. If someone fails to meet the threshold will attract a margin penalty.
SPAN and exposure margin is collected by whom
The broker is the one who collects the SPAN and the Exposure Margin upfront which allows the clients to take a position in the futures and options market. The margin will be used as the cover-up for the risk that is involved in the adverse price movement.
Span name is derived from the software used to evaluate it. It is the Standard Portfolio Analysis of Risk which is the minimum margin requisite that is calculated on the basis of risk and volatility of the underlying.
With this SPAN margin, the brokers also collect the exposure margin that is an additional payment that protects the broker’s liability against the volatile nature of the price swings. The total margin is the sum of the SPAN and exposure margin that is collected by the brokers. The total margin is the sum of SPAN and exposure margin.
How can you pay the SPAN MARGINS?
The SPAN margin is some percentage of the total contract value in F&O. For example if the value of some contract is Rs 6, 000, 00 and the SPAN is 3 percent, then the trader needs to pay Rs 18,000.
SEBI asks the brokers to help collect the margin upfront before traders can take a position in the market. If the company doesn’t charge the value it will bring up the margin penalty.
What is exposure margin?
Talking about the Exposure margin and SPAN margin these are totally two different concepts. Exposure margin is an ad-hoc amount that is over and above SPAN. It is usually collected at the discretion of the broker as protection against the broker’s liability that may arise from constant market swings.
How brokerage is calculated in the brokerage calculator Angel broking
First of all, Brokerage is the amount that is payable by the investors which acts as the commission over each trade executed. The charges can be a flat number or it can be a percentage of the depository participant – DP. To calculate this you can use the Angel broking brokerage charges calculator
For example to understand the calculation of brokerage:
Purchase: 1,000 shares @ Rs. 500 / each
Sale: 1,000 shares @ Rs. 550 / each
Brokerage Charges @ 0.4%
Total Trade Value:
(1,000 x 500) + (1,000 x 550)
5, 00,000 + 5, 50,000
= 10, 50,000/-
This will bring out the Brokerage Charge: 10, 50,000 x 0.4% = Rs. 4,200/- this is the amount payable by the investor.
Why use an Angel Broking Calculator?
The Angel Broking brokerage calculator helps in calculating all the charges involved along with the hidden charges. These hidden charges are the ones that the stockbroker doesn’t reveal while the client is registering.
This helps in giving out a clear picture of the expenses a client has to bear while doing any transaction with Angel Broking.
Here are the Advantages of using the Angel broking brokerage charges calculator:
1. Price Point
The investors can keep a rough idea of the price that is offered by the banks, broking companies, etc. if the cost comes competitive and also reasonable, something that suits the pricing you can go accordingly with the stock broking firms.
2. Accuracy
The brokerage calculator Angel broking provides precise and to-the-point information to the investors. This calculator doesn’t hide any kind of hidden terms and conditions.
3. Effectiveness of time
The Angel broking brokerage calculator helps in calculating the expense even before carrying out the trade. This can help the investors to learn about the charges. Also, the time to respond once the data is entered is fast.
4. Competitors
This Angel broking calculator also helps in making the information available for the investor to view the competition costing.
Frequently Asked Questions
1. Intraday Brokerage, What is it?
Intraday brokerage is a service in which the service charge is paid by the investor to the broker. Each broker charges some securities transaction tax (STT) and GST that is imposed on the sell log of the intraday trade. It also consists of the Transaction fees, SEBI and NSE regulatory fees, and stamp duty charges which are to be paid.
2. How do angel broking intraday margin calculators calculate?
The angel broking intraday margin calculator calculates the values in a similar way to a normal brokerage. However, the brokerage is for only the buying and selling of the transaction. In addition to that, there is the calculation of brokerage charges, there is a securities transaction tax (STT), SEBI Regulator Fees, Transaction charges, stamp duty levied on the amount of transaction
3. Do they charge for Stamp Duty the same for all Indian states?
No, the charges for the stamp duty differ for the different states of India.
4. Explain what are STT charges?
The government of India comes with a security transaction tax on all trades of equities. At the current time, the tax of 0.025% of the transaction value is applicable on the sell side of an intraday equity transaction.
5. How is futures brokerage calculated?
The calculation of the future brokerage is done separately by the buying and selling of the stock.
Buying: The brokers have set up some fixed amounts for the brokerage. This can be a flat cost or the percentage per unit stamp. This is either a percentage or a flat price per unit value. The tax of the service is calculated on the brokerage value, Regulatory Fees, and Stamp Duty is paid on the total contract amount.
Selling: the brokerage is calculated way too similar to the buying process. An additional charge for STT-security transaction tax is levied.
6. How is commodity brokerage calculated?
The commodity brokerage is calculated based on the commodity trade value. The brokers set their brokerage charges this can be either flat rate or percentage charges. The commodities transaction tax which is CTT is levied on the seller or the buyer at 0.05% and 0.0001% respectively.
7. What is CTT?
CTT or the commodity transaction Tax is very similar to the Securities Transaction Tax (STT); this also applies to all the transactions which are carried out in recognized domestic commodity exchanges. This tax was proposed during the Union Budget of 2013-14 and got implemented in 2016. The transaction that is carried in the foreign commodity exchanges in foreign currencies is exempted from CTT.
This CTT also applies to the sell-side turnover which is at the rate of Rs 10 per lakh. If you are selling- side turnover is Rs 2 lakh, the applied CTT Will be Rs 20.
Another important thing to note regarding CTT is that it doesn’t apply to agricultural commodities.
8. What is the SEBI Charge?
The securities and exchange board of India collects some regulatory fees to perform its duties as a market regulator. To all the registered exchanges they are required to pay SEBI charges that will be based on their turnover as per the applicable rate of 0.2 percent lakh.
9. What is a Stamp Duty?
Stamp duty is kind of a legal fee levied by the Indian government for carrying out security transactions at the stock exchanges. This one is applied to all types of stocks, currencies, and commodity trading for issuing stamped contract notes at the end of the day. Also, both sellers and buyers who are involved should have stamp duty obligations per applicable rates.
10. What is Exchange txn Charge?
It is the charge which is collected by India transaction fees on turnover for providing traders with the technology platform for carrying out buying and selling activities. These are the Exchange transaction charges that can vary between investment instruments. This can be calculated easily by using the Angel broking brokerage charges calculator.
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