{"id":3273,"date":"2023-08-11T13:46:18","date_gmt":"2023-08-11T13:46:18","guid":{"rendered":"https:\/\/blog1.gwcindia.in\/?p=3273"},"modified":"2024-08-24T09:32:25","modified_gmt":"2024-08-24T04:02:25","slug":"benefits-of-brokerage-calculator","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/benefits-of-brokerage-calculator\/","title":{"rendered":"Benefits of Brokerage Calculator in Stock Market"},"content":{"rendered":"

Benefits of Brokerage Calculator in Stock Market<\/h1>\n

Brokerage Calculator: A Guide<\/strong><\/h4>\n

As an online tool, a\u00a0brokerage calculator\u00a0helps calculate the brokerage fee. By transaction, it includes both buying as well as selling. They accurately give us the information for comparing which broker charges how much. Calculation of charges like CTT (Commodity Transaction Tax), DP (Depository Participant), GST (Goods and Services Tax), STT (Securities Transaction Tax), SEBI, Stamp Duty and Transaction charges. The above-said charges are irrespective of the brokerage.<\/p>\n

Types of Brokerage Calculators<\/strong><\/h4>\n

There are different types of sections for calculating the brokerage fees of Equity, F&O, Commodity and Currency brokerage fees.<\/p>\n

Equity<\/strong><\/h5>\n

For equity intraday and delivery equity, the equity brokerage calculator is used. Equity intraday is when you buy and sell stocks on the same day. Delivery equity is when the buyer does not square off his purchase on the same day. The brokers charge delivery equity and intraday equity brokerage at different rates. Usually, intraday brokerage is cheaper than delivery.<\/p>\n

F&O<\/strong><\/h5>\n

The F&O (Futures and Options)\u00a0brokerage calculator<\/a><\/strong>\u00a0calculates the brokerage fees for transactions in the F&O market. F&O comes under derivative products in the stock market. The buyer and seller agree\u00a0to buy or sell the product on a fixed date at an agreed price.<\/p>\n

Currency<\/strong><\/h5>\n

The currency market trades come under the currency\u00a0brokerage calculator. The currency market is also known as the name foreign exchange market, a place where currencies of different countries can be bought and sold by people worldwide. The currency market involves speculators, traders, arbitrageurs, banks\/FI, investors and corporations and hedgers.<\/p>\n

Commodity<\/strong><\/h5>\n

The commodity brokerage calculator calculates the fee for trades in the commodity market. A Commodity market is where the trader purely acts on their instincts and further bets on the movement of a market. The transactions of commodities charge the CTT (Commodities Transaction Tax) from the client. This tax is imposed on both the seller as well as the buyer.<\/p>\n

Best Brokerage Calculator Must-haves<\/strong><\/h4>\n