They say ‘A picture is worth a thousand words!’ Similarly, Brokerage calculator opens the eyes of investors/traders alike for the first time as to the huge outflow that happens on account of broking costs. It highlights how much a trader/investor can save on brokerage by shifting from conventional percentage brokerage to a flat fee broking structure. The initiative of providing brokerage calculator to our clients to reflect on the savings made on brokerage by shifting to the flat fee brokerage is pioneered by discount brokers like SAMCO securities. We are armed with latest technology to empower our clients at a click of a button. It is a gigantic leap forward by broking house like ours towards empowering the clients and keeping 100% transparency in broking operations.
Every trader or investor is in the securities market to make money. Brokerage calculator gives confidence and conviction to these traders and investors in terms of tangible savings in broking costs they can make. It is important to compare and analyze broking costs paid to traditional percentage broker and that to a flat fee broker and get the idea of how much can be saved yearly on broking costs which will be reflected in the overall returns they have earned. An active trader, who pays percentage brokerage,virtually gives away his entire capital in just 10 to 12 years. Whether or not the traders make money, the stock broker gets richer and richer. Because of the rapidly evolving technology, the brokerage costs can be negligible for trading in stocks or commodities market.
As one can see, this picture is worth a thousand words! The amount that can be saved just because of the savings in brokerage is huge. The delivery brokerage paid to a traditional broker at 0.50% for the above trade attracts a brokerage of Rs. 4200/- but with a flat fee broker it is just Rs. 40/-Also, the price for breakeven (No Profit No Loss) is substantially reduced from 1014.19 to 1002.5; this means that traders and investors can start generating profit at an earlier price and in turn generate higher returns.
The new age of low cost broking has arrived, which will benefit traders and investors immensely, by enhancing their trading capital over a period of time just by shifting to low cost brokerage like SAMCO. Brokerage calculator gives a convincing picture of savings that would occur to you. It’s time to change and embrace brokers who are ahead in technology and trade smartly by being ahead of the crowd through substantially reduced brokerage costs. Explore the world of negligible broking costs!! Welcome to SAMCO!!