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STT delivery0.1% buy & sellSTT intraday0.025% sellSTT futures0.05% sellfrom 1 Apr 2026STT options0.15% of premiumfrom 1 Apr 2026NSE txn equity0.00307%NSE txn futures0.00183%NSE txn options0.03553% of premiumStamp duty delivery0.015% buySEBI fee₹10 per croreGST18% on feesCTT MCX futures0.01% sellNifty lot65 unitsSTT delivery0.1% buy & sellSTT intraday0.025% sellSTT futures0.05% sellfrom 1 Apr 2026STT options0.15% of premiumfrom 1 Apr 2026NSE txn equity0.00307%NSE txn futures0.00183%NSE txn options0.03553% of premiumStamp duty delivery0.015% buySEBI fee₹10 per croreGST18% on feesCTT MCX futures0.01% sellNifty lot65 units

Calculators

Brokerage calculatorEvery charge and your net P&L for delivery, intraday, F&O and MCX.Position size calculatorHow many shares to buy so one trade risks a fixed share of capital.Risk-reward calculatorRisk-reward ratio and the win rate you need to break even.P&L target calculatorThe exit price that leaves your target profit after charges.Compounding & CAGR calculatorGrowth of capital over time, and CAGR from start and end values.Margin & leverage calculatorMargin blocked, leverage, and what a move against you costs.SIP calculatorMonthly SIP, lumpsum and goal-based projections with step-up.

Charges guides

Trading charges in India explainedEvery line on a contract note and how it is calculated.How brokerage is calculatedFlat, percentage and capped plans with worked examples.STT charges and rates (2026)Securities transaction tax for delivery, intraday, futures and options.GST on trading chargesWhat the 18% applies to, and what it does not.DP charges explainedWhat DP charges are, broker rates and a DP charge calculator.F&O charges per lotFutures and options charges with Nifty and Bank Nifty examples.

Comparisons & strategy

MCX commodity chargesCTT, MCX fees, stamp duty and GST with a crude oil example.Intraday vs delivery chargesWhy the same trade costs differently in each segment.Zerodha vs Groww vs Upstox vs Angel OneBrokerage, DP charges and AMC compared for 2026.How to calculate position sizeRisk-based sizing step by step, with examples.Risk-reward ratio explainedReading the ratio together with your win rate.
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Margin and leverage calculator

See how much margin a position needs, how much leverage you are using, and what a move against you would cost.

Mantu KumarBy Reviewed 25 October 2026How we check rates
Margin & leverage calculatorPosition, margin, leverage
₹
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Nifty futures lot: 65
%
From your broker or the exchange
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What margin means

Margin is the money your broker blocks to let you hold a position larger than the cash you put up. In Indian F&O, exchanges set the minimum margin using SPAN (the worst expected one-day loss) plus an exposure margin, and brokers collect it upfront. For intraday equity, SEBI’s peak margin rules mean leverage is limited, typically up to 5 times on eligible stocks.

The formulas

Position value = Price × Quantity
Margin = Position value × Margin %
Leverage = 100 ÷ Margin %

Worked example

One Nifty futures lot of 65 units at 25,000 is a position worth ₹16,25,000. If the margin requirement is 12%, about ₹1,95,000 is blocked and leverage is about 8.3×. A 2% move against you is a loss of ₹32,500, which is 16.7% of the margin. A 12% move would wipe out the entire margin.

Leverage cuts both ways

Margin %LeverageMove that wipes out the margin
20%5×20%
12%8.3×12%
8%12.5×8%

SEBI’s studies of F&O traders have found that a large majority of individual traders lose money in derivatives. Leverage is the main reason losses can exceed what people expect.

Margin calls and mark-to-market

F&O positions are settled daily. If the price moves against you, the loss is debited and your broker may ask for more margin or square off the position. Margins also rise when markets are volatile, so a position that fitted yesterday may need more money today.

What this calculator does not do

It does not calculate exchange SPAN margins. Use your broker’s margin calculator for the exact figure, then enter that percentage here to see leverage and loss scenarios.

Frequently asked questions

How is margin calculated for futures?

Exchanges calculate SPAN margin from the expected worst one-day loss and add an exposure margin. Your broker shows the total. This calculator turns that percentage into a rupee amount and leverage.

What is leverage in trading?

Leverage is the position value divided by the margin. With a 12% margin, leverage is about 8.3 times, so a 1% price move changes your margin by about 8.3%.

Can I lose more than my margin?

Yes. If prices gap sharply, losses can exceed the margin blocked, and you remain liable for the difference.

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Mantu Kumar, founder of TradeProfy

Written and maintained by Mantu Kumar

Mantu builds TradeProfy’s calculators and checks every statutory rate against exchange circulars, broker rate cards and the Finance Act. He is not a SEBI-registered adviser, so TradeProfy explains costs and maths but never tells you what to trade.

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