A free program for Android, by TradeBrains.
Brokerage Calculator is a simple and useful application to calculate and understand the charges and profits for trading with stockbrokers. This app can be used for both derivatives and equities trading. The charges and profits are calculated on a per-trade basis.
This app is useful for both professionals and casual users. For those who are not familiar with stockbroking, it is a good idea to understand the basics first. Stockbrokers are the people who provide the service of buying and selling shares of companies in the stock market.
The way they operate is by taking a small commission for each trade they execute. This commission is based on the price of the stock. For example, if the price of a stock is Rs. 100, then the brokerage charge is Rs. 20 per trade.
