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Browse all cards →§ 25 · live tool
PSE Trade Cost
Enter your shares, buy price, and intended sell price. See every fee — broker commission, VAT, PSE + SCCP, and the 0.6% sales tax — plus the break-even price you need to walk away flat.
Fee schedule (editable)
Net profit / loss
+₱3,785.54
Buy leg
| Gross value | ₱100,000.00 |
| Broker commission | ₱250.00 |
| VAT on commission | ₱30.00 |
| PSE transaction fee | ₱5.00 |
| SCCP clearing fee | ₱0.1000 |
| Total charges | ₱285.10 |
| Total cash you pay | ₱100,285.10 |
What you actually pay = gross × shares + all buy-side fees.
Sell leg
| Gross value | ₱105,000.00 |
| Broker commission | −₱262.50 |
| VAT on commission | −₱31.50 |
| PSE transaction fee | −₱5.25 |
| SCCP clearing fee | −₱0.1050 |
| Stock transactions tax (sell only) | −₱630.00 |
| Total charges | ₱929.36 |
| Net cash you receive | ₱104,070.65 |
What you actually receive = gross × shares − all sell-side fees + 0.6% sales tax.
Rates reviewed 2026-05-22
Where to next?
§ 02
How it works
Every PSE order — buy or sell — carries the same first four charges: broker commission (₱20 minimum), 12% VAT on the commission, PSE transaction fee, and SCCP clearing fee. The sell leg adds the Stock Transactions Tax of 0.6% of gross sell value, which under NIRC Sec. 127(A) substitutes for capital gains tax on listed-share dispositions.
The break-even row tells you the sell price per share at which proceeds exactly equal your buy-leg total cost. Below that price you lose money; above it you profit. Override any rate in the fee schedule if your broker quotes you something different.
§ 03
Frequently asked questions
What charges hit a PSE trade?
Five line items per leg: (1) broker commission — typically 0.25% with a ₱20 minimum; (2) 12% VAT on that commission; (3) PSE transaction fee 0.005% of gross; (4) SCCP clearing fee 0.0001% of gross; (5) on the sell side only, the Stock Transactions Tax of 0.6% (six tenths of one percent) of gross sell value under NIRC Sec. 127(A). Buy total is added to your cost; sell total is deducted from proceeds.
Why do I lose money buying and selling at the same price?
Because every trip incurs ~0.6%–0.9% of friction. On a ₱100,000 round-trip at the standard online-broker schedule, charges run roughly ₱1,170 — that's the move the stock has to make just for you to walk away flat. The calculator surfaces this as the break-even price per share.
Why is the STT only on the sell leg?
Under Section 127(A) of the NIRC, the Stock Transactions Tax (sometimes called the percentage tax on listed shares) is levied on the gross selling price or gross value in money of shares sold through the local stock exchange. It effectively substitutes for capital gains tax — you don't pay both. There is no equivalent levy on the buy side.
What does break-even price mean?
It's the sell price per share where your net proceeds exactly equal what you paid (including the buy-leg charges). Anything above is profit, anything below is loss. We solve the closed-form: sell_gross × (1 − effective_charge_rate) = buy_net_cash, then divide by shares.
Can I lower these fees?
Yes — somewhat. Online brokers (COL Financial, First Metro Sec, BDO Securities, Philstocks) sit at ~0.25%. Discount brokers like 2TradeAsia and BPI Trade run slightly lower. The PSE fee, SCCP, VAT, and STT are statutory and the same everywhere. The ₱20 commission minimum is what bleeds small trades — try to keep each order above ₱8,000 so the percentage commission takes over.
Does this save or transmit my data?
No. The calculator runs entirely in your browser. We don't collect, store, or transmit shares, prices, or any of your inputs.
§ refs
Sources & references
From official issuer, regulator, and data-provider sites. Verify any figure against the primary source before acting on it.