What a trade on the Pakistan Stock Exchange really costs, and the price you need to sell at to break even. Updated 7 Nov 2026.
Every buy and sell on the Pakistan Stock Exchange carries several charges on top of the share price. The broker's commission is the biggest; the government adds provincial sales tax on that commission; and the exchange, the clearing company (NCCPL), the depository (CDC) and the regulator (SECP) each take a small fee. The calculator adds them up for one side of a trade and works out the selling price you need to break even after paying charges on both the purchase and the sale.
| Charge | Rate used | Who collects it |
|---|---|---|
| Broker commission | 0.15% of the trade value or Rs 0.03 a share, whichever is higher (edit it to match your broker) | Your broker |
| Sales tax on commission | Sindh 13%, Punjab 16%, Khyber Pakhtunkhwa 15%, Balochistan 15%, Islamabad 16% | Provincial revenue authority |
| CDC transaction fee | 0.0036% of value, minimum Rs 5 | Central Depository Company |
| PSX trading and regulatory fees | Rs 3.50 and Rs 0.62 per Rs 100,000 | Pakistan Stock Exchange |
| NCCPL fees | Rs 0.81 and Rs 0.30 per Rs 100,000 | National Clearing Company |
| SECP fee | Rs 0.65 per Rs 100,000 | Securities and Exchange Commission |
Brokers set their own commission within the exchange's limits; online brokers often charge less than the 0.15% shown, and some charge a flat fee. The minimum per-share rule matters for low-priced shares: 100,000 shares at Rs 5 cost Rs 3,000 in commission at Rs 0.03 a share, three times the 0.15% figure.
| Trade | Value | Commission | Sales tax | Other fees | Total | As % of value |
|---|---|---|---|---|---|---|
| 1,000 at Rs 100 | Rs 100,000 | Rs 150 | Rs 20 | Rs 11 | Rs 180 | 0.180% |
| 10,000 at Rs 50 | Rs 500,000 | Rs 750 | Rs 98 | Rs 47 | Rs 895 | 0.179% |
| 5,000 at Rs 300 | Rs 1,500,000 | Rs 2,250 | Rs 292 | Rs 142 | Rs 2,685 | 0.179% |
| 100,000 at Rs 5 | Rs 500,000 | Rs 3,000 | Rs 390 | Rs 47 | Rs 3,437 | 0.687% |
| 500 at Rs 1,500 | Rs 750,000 | Rs 1,125 | Rs 146 | Rs 71 | Rs 1,342 | 0.179% |
Because you pay charges when you buy and again when you sell, a share has to rise by roughly 0.35% to 0.45% for a round trip to break even at a 0.15% commission, more for low-priced shares hit by the per-share minimum. Frequent trading multiplies these costs, which is one reason long-term investors keep more of their returns.
Related: average cost calculator, dividend calculator, and all calculators.
Fee rates are those published by PSX, NCCPL and CDC in 2024 and 2025; they can change, and your broker's commission may differ. Nothing you type is saved or sent anywhere.
Usually 0.15% of the trade value or Rs 0.03 a share, whichever is higher, though online brokers often charge less. Sales tax is added on the commission.
About Rs 180 at a 0.15% commission in Sindh, including sales tax and exchange, NCCPL, CDC and SECP fees.
It depends on the province: 13% in Sindh, 16% in Punjab and Islamabad, 15% in Khyber Pakhtunkhwa and Balochistan.
A transaction fee of about 0.0036% of the trade value, with a minimum of Rs 5.
Roughly 0.35% to 0.45% after buying and selling charges at a 0.15% commission, more for low-priced shares.