ICICI Brokerage Calculator: Know Everything About it

Since childhood, we have been taught that we get profit when we sell something for a price higher than what we paid to acquire it. But the question is, do you bag all the amount of the proceeds or a significant part of it? Now when you think back and try to recall some of the deals that you made no matter how big or small, they were, in most cases you had to pay the price to the middleman, and this price is known as brokerage.

The capital and the money market are no different than the laymen world regulations and norms. Just like you must pay brokerage while dealing with property or goods, in the same manner, you must pay brokerage for settlement of your equity/commodity trade. This brokerage is generally calculated by using a Brokerage Calculator which is an online tool that many investment platforms provide for the convenience of traders to help them assess calculation of their brokerage in advance of carrying out a trade.

This is where ICICI brokerage calculator comes in play. It helps you calculate the brokerage you need to pay on the deal that you make through ICICI direct, a retail and investment service platform of ICICI Securities. It also calculates several taxes and charges apart from the GST that you must pay on your trade such as SEBI turnover fees, Securities Transaction Tax and Transaction charges that you pay to the exchange, which are BSE and NSE. ICICI Direct lets you trade in different asset classes ranging from Equity to derivatives with different time horizons which generally are intraday and long-term investments.

Now the question arises how does ICICI brokerage calculator calculate brokerage? These calculations are based on several factors such as Lot size, overall turnover, type of trade and type of services an individual avail by ICICI Direct (whether a premium or basic service pack).

For equity delivery, the brokerage is charged at a fixed rate of 0.55% on the trade’s overall turnover. In contrast, for equity intraday delivery, the brokerage charge has been kept low in a range of .035%-.05% to let the investor maximize his returns. For intraday equity square-off the charge is .275%, and there are no charges for the settlement in the second leg of intraday trade. Equity futures cost a brokerage of 0.05% on the higher leg turnover and a flat brokerage of 50 rupees on lower leg turnover.

Currency futures, currency futures stop loss, currency options and commodity futures cost the same brokerage of 20 rupees per order.

Flat brokerage for options and options plus is 95 rupees per lot and 50 rupees for the first and second leg of intraday square-off. There is also a unique plan by the name Options 195 plan in which brokerage for 100 lots is 1545 rupees which is 15.45 rupees per lot which is very low than the 95 rupees per lot that you would need to pay usually. So, if you are an active options trader do give it a try.

Now we will look at the brokerage structure of non-convertible debentures and bonds which are as follows:

If the amount is less than or equal to 1 Crore, the brokerage is 0.75% and 1.00% for less than five years and more than five years.
If the amount is more than one crore but less than five crores, the brokerage is 0.50% and 0.75% for a period of fewer than five years and more than five years, respectively.
If the amount is more than 5 crores, the brokerage is fixed at 0.50% irrespective of the instrument’s maturity.
The rates charged by ICICI Direct are very competitive and are amongst the best rates you can find in the market for a brokerage platform. But the above information consists only the basic brokerage that you need to pay as per your trade, and it is exclusive of other charges which were mentioned above such as SEBI turnover fees, Securities Transaction tax and Transaction charges which is different for every asset class based on the guidelines set by the government and exchange. For these details, you can look up the page of ICICI directly or can use the link provided below.

How to trade Ethereum (ETH) on Koinbazar?

How to register your account:

The below-mentioned steps are to complete your account registration process,

Step 1: Visit the Koinbazar website.

Step 2: Select signup and enroll the details required.

Step 3: Once you complete, click “Create Account”. An activation mail will send it to your registered Email-ID.

Step 4: Open it and click the activation link. And your account is successfully created.

Steps to complete the KYC verification process:

The below-mentioned steps are to complete your KYC verification process,

Step 1: Sign in to your account and select Account —> Profile

Step 2: Under the KYC section you need to complete the following prospects.

i. Choose your required ID proof.

ii. Upload your frontside and backside ID Proof.

iii. Take a selfie of your face for KYC identification.

Step 3: Click Save. And your KYC verification process will be completed shortly.

After the procedures get complete, you can legally deposit your funds by connecting your bank details or external wallets to your koinbazar wallet. So, start trading ETH with INR safely with us and enjoy a hassle-free trading experience.

How to plan investments to meet your Financial Goals?

Planning investment needs a lot of planning. From research to budgeting to finding appropriate investment instruments, a lot of thought and permutations – combinations need to be factored in a plan that will help you reach your financial goals and eventually your dreams. Let’s start,

Step-by-step guide,

Reasons for financial planning

The first step when planning investments is to identify the underlying factors that drive you to do so. These inherent and important reasons why you need to create wealth can revolve around several factors, such as:

One needs to be clear as to why financial planning is needed and what the real motives are. Upon pondering, the below reasons will be apparent,

Need for Goals: We all want something out of life, Education, Car, house, vacation, etc these are the primary reasons and one should not only know but be sufficient driven to achieve them.

Retirement planning: This is becoming more and more critical with rising healthcare. You will atleast need 70% of the amount when your career is in full-swing for retirement, so you can maintain the same standard of living.

Beating Inflation: Inflation feeds off on savings. The key need for financial planning is to beat inflation because the costs are always going up.

Power of Compounding: The earlier you start the better because compounding needs a good head start of 10-15 years to show its magic in-terms of multiplying your money.

Your goals

This cannot be overstressed; we cannot make investments without certain outcomes in mind. That’s like firing without a target. Not only we need to have clear tangible goals like home, vacation etc we need to start early too.

Identify Risks

Risk capacity is directly linked to age. The younger you are the higher your risk tolerance. The portfolio should be accordingly set-up with enough equity to give you the edge and some steady investments too. The portfolio will keep on changing until retirement when the entire portfolio is sort of reverse.

Of course the above is a general rule of thumb but risk appetite should be assessed. Neither can we have 100% equity portfolios or all eggs in one basket.

Asset classes

There are different types of asset classes to matching varying investment needs. Investors should look at the right mixture of debt and equity in tandem with the risk profile.

Portfolio rebalancing is a great feature that must be used to protect from overexposure or under returns. This feature keeps your portfolio optimized for maximum returns.

What are your long-term goals?

Long-term goals again need a combination of different asset classes, so identifying them is crucial to the plan.

Index Funds

Index fund mimic the indices and is great for diversification. Index funds also need no monitoring as they move the way the market moves. They are passively managed and carry low to medium risk and they are ideal for long term goals.


Investment planning is a time-consuming but ultimately satisfying process. One has to sit with clear agenda to be financially independent and create wealth. Once that though is thorough ingrained in your system, rest is research and planning.

We have to start early for our financial plans to take off and give them enough time to grow. The Power of Compounding will only kick-in after you’ve had a steady start of 10-15 years. This is when the creation of wealth start or more importantly money starts working for you.

In an increasingly complex world, this is the best thing one can do to secure their future. You can get a family member to assist you with this project.