Trading shares entails various types of charges. Investors need to put more effort into projecting how the profits or losses will be once they start intraday trading. One of the most important fees is the brokerage fees that your chosen stockbroker will deduct from you. Other fees may also arise, like stamp duty and various kinds of taxes. All these are charges necessary when calculating profit and loss in share trading. This article explains all about the Alice Blue Brokerage Calculator, its benefits, and why it is one of the simplest intraday trading tools in the shares market.
What Is a Brokerage Calculator?
A brokerage calculator is a stockbroker’s tool to compute brokerage charges and profit for various services available at the brokerage firm. The Alice blue brokerage calculator is one such popular tool. it has been known to cover various asset classes, for example:
- Commodity
- Currency features and options
- Equity futures and options
- Equity intraday
The Alice Blue Brokerage Calculator
The Alice Blue Brokerage Calculator requires buying, selling, and total shares. As illustrated in the table below, the data gives a comprehensive report on various charges available. The report shows gains and losses, transaction fees, stamp duty, brokerage fees, and total turnover. It also shows tax.
| BUYING PRICE | SELLING PRICE |
| NUMBER OF SHARES | STATE |
| CALCULATE |
| BROKERAGE CALCULATE | |
| Total turnover | |
| Brokerage | |
| STT | |
| SEBI Fees | |
| Stamp duty | |
| Transaction fees | |
| GST | |
| Total brokerage and tax | |
| Total profit or loss |
Why Choose The Alice Blue Brokerage Calculator?
It is necessary for both new and expert investors to know how much they spend on brokerage fees and get a clear picture of the gain or loss they get from intraday trading. The Alice Blue Brokerage Calculator is a convenient tool for trading shares. Alice blue bills various fees for various forms of trade.
Types of brokerage calculations available on Alice blue
With the Alice Blue Brokerage Calculator, you can do the following share computations.
Equity Delivery Brokerage Calculation
Start by selecting the equity delivery tab on the calculator. Equity delivery means purchasing shares and storing them in a Demat account for a while. An investor can sell when the time is right and make a profit. Alice blue bills a fixed 10 rupees per trade for this type of trade.
Equity Intraday Calculation
Intraday trading means purchasing and selling stock on the same day within the official business hour. Securities are settled before the end, meaning minimal risks within the day. Alice blue charges 10 rupees per trade. This fee does not rely on the number of hares involved in the transactions.
Futures Brokerage Calculation
This is part of equity trading. It comes in two forms, equity futures as well as equity options. Futures have higher transactional fees when compared to equity options. Many investors feel like equity futures are so risky because futures are protected from market volatility. An equity futures contract means an obligation to the buyer and seller to purchase or sell at a specified state and a specified price. Alice blue bills 10 rupees per transaction.
Options Brokerage Calculation
Equity options derived their value based on the primary asset. Alice blue charges 10 rupees per trade in a day to trade equity options.
Currency Futures Calculation
Forex trading involves converting currency from one to the other. Currency futures are contracts whereby the underlying item is the currency’s exchange rate. Alice Blue Brokerage Calculator bills 10 rupees per transaction on currency futures.
Currency Options Calculation
Currency options provide traders with a chance to trade whereby the underlying item is the currency’s exchange rate. Alice blue bills 10 rupees per transaction to trade currency options
Commodity Brokerage Calculation
This generally means tangible commodities like oil, gas, gold, or other metals. It is important to note that not all brokers offer commodity trading services. Alice blue charges 10 rupees per trade in commodity trading.
Merits Of Utilizing the Alice Blue Brokerage Calculator
A brokerage calculator at your disposal as an investor is very important because:
- It is free to access a brokerage calculator. There are no fees known in using the Alice blue calculator
- It is straightforward to use brokerage calculators
- Errors are minimal while utilizing a brokerage calculator in comparison to using a manual calculator
- Traders can compare different commissions charged in different broker platforms before they decide to invest.
- All fees like taxes and customs duties can be estimated with one click.
Conclusion
Alice Blue has an online trading venue such as a website for casual traders, trading terminals for active investors, and a mobile app for on-the-go brokers. These trading venues help brokers to trade and analyze their stock market and make well-informed trading choices. Another important feature offered by Alice Blue is a personal trading guide to help you with customized strategies, intelligent alerts, progressive charts with years of data, fast execution of trades, and more.
As an investor, it is essential to plan your return on investment before diverting all your funds into one project. A brokerage calculator is one way to achieve maximum gains while keeping your risks low. These calculations clearly show how much you can expect as profits and expenses depending on what type of investment you settle on. The Alice Blue Brokerage Calculator has been known to be very accurate in giving information about different transactions.
