Broker Fee Calculator

Compare the hidden costs of investing globally. Calculate the true impact of FX markups, wire fees, and brokerage commissions between two brokers.

Trade Details

Investment Amount (USD)

Current Base FX Rate (INR/USD)

₹

Broker A

Flat Brokerage Fee (USD)

Variable Brokerage (%)

FX Markup / Remittance Fee (%)

Fixed Wire/Bank Fee (INR)

Broker B

Flat Brokerage Fee (USD)

Variable Brokerage (%)

FX Markup / Remittance Fee (%)

Fixed Wire/Bank Fee (INR)

Broker A Total Cost

₹ 0

0% of investment

Effective FX: ₹ 0

Broker B Total Cost

₹ 0

0% of investment

Effective FX: ₹ 0

🏆 Recommendation

Broker B is cheaper by ₹ 0.

Disclaimer: This calculator estimates the initial transaction costs (brokerage, FX markup, and wire fees) of funding a foreign brokerage account. It does not account for applicable taxes (such as TCS under LRS, GST on currency conversion, or capital gains taxes). It also does not include ongoing custody/inactivity fees or withdrawal costs. The calculated figures are estimates and do not constitute financial advice. Please verify exact fee schedules directly with the respective brokers and banks.

Frequently Asked Questions

What is FX Markup? ▲

When you send INR to a US brokerage, the bank or broker applies a markup on the live exchange rate. A 1% markup means if the live rate is ₹83.00, you will be charged ₹83.83 per dollar. This is often the largest hidden fee in global investing.

Why are there fixed wire fees? ▲

Sending money abroad via the SWIFT network incurs flat fees charged by your Indian bank and sometimes by intermediary banks. These fees hurt small investments heavily. Some modern brokers use local INR pooling accounts to avoid this fee.