Guwahati, June 29 -- The stock market includes various costs, for example, brokerage charges, which are a chief component of these costs. Investors pay brokerage charges to brokers for effecting purchases and sales of securities. They depend on several factors, including the broker itself and the trade segment (equity, intraday, futures, or options); that is, there is variation in brokerage charges according to the nature of the trade. So, for investors who hope to track their returns accurately, it would be wiser to account for these costs before making any trade.

A brokerage calculator serves as a virtual tool meant for estimating all charges that go into one trade. It computes not just the brokerage charges but also other charges, nam...