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getthefacts
08 Aug 2024 - 10:45:26
1 Posts
Brokerage Calculator is an online tool made available to traders by Bigul and other investment platforms to make it simpler for them to figure out the brokerage before placing a deal. However, a brokerage calculator can be used for more than just calculating the charges. It also computes transaction costs, GST, Securities Transaction Tax (STT) and stamp duty cost. Since the mathematical value of the commission is higher than the minimum commission per two sides (8 AUD * 2 = 16 AUD or 12.33 USD in account`s currency), a commission charge of 51.75 USD is applied to this position. Learn Forex topics with just a few lessons Brokers charge traders brokerage fees to facilitate market transactions, particularly when buying or selling stocks. These fees are typically calculated as a percentage of the deal value, which may vary depending on the broker and deal size. In the share market, this percentage is determined using a formula:
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