There are many ways to calculate brokerage but one simple way that sorts out all of your brokerage calculating needs is to use the brokerage calculator. There are many different stock brokerage companies that offer you the calculators they have got created as per what they charge you and other than that there are a few online brokerage calculators that can be used as a general calculator as well. Since most of the people would advise you to get your trading accounts opened with the best brokers in India, you can log on to their websites and then fetch their brokerage calculator to do all the calculation you want.
Apart from using a good brokerage calculator, another query that most of the people have is regarding those ways where they will have to pay no brokerage whatsoever while they trade. If you think practically, it is not something that you should accept since the broking companies are providing you services and you need to pay for those services. But in spite of this, there are many ways through which you can get your zero brokerage account opened and trade almost for free. Some if such ways are discussed in the sentences that follow.
- Zero Brokerage Account
The name might sound very comforting but here is a catch. In this type of account, you don’t have to pay a single rupee of brokerage whenever you place your trade orders but what has to be done here in order to get this account opened is pay for a fixed price at the initial level. In most of the cases opening this account is free but you need to pay lump sum one time charges as the basic fees to hire the services and do essential trading. You will not need to use any sort of stock brokerage calculator in India, as there is no brokerage to be paid.
- Onetime payment plans
These are the sort of freedom plans where all you do is pay fixed fees at once and then you can trade for free for all your life. Since this fees is going to be high it is important for the traders to understand that they should opt for these plans only when they know they will trade a lot and this one time fees that they are paying for is nothing more than an investment which is completely worth it.
- Discount Brokers
Finding a discount broker is not difficult these days as all you need to do is search over the internet and you’d be pounded with various options. These brokers are going to charge you a very nominal fees or sometimes only the taxes when you hire there services. Many people think that this is not reliable and would surely have some sorts of hidden fees but there is nothing like that. You need to trust these discount brokers and if you don’t feel convinced, you can read about their reviews or talk to your investor friends to find a trusted option.
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