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Currency F&O brokerage calculator| AliceBlueOnline.com ™

Currency F&O Brokerage Calculator An Introduction

One of the largest markets in the world is the global forex market. However, that isn’t the only way to take part in foreign exchange. The currency market is not as large as the forex on, but it has a fairly high daily average. Currency futures give you access to the foreign exchange market which feels like the share trading market. In this market, currency futures, also called forex futures, are contracts which are used to buy or sell an amount of a particular currency at a price and date in the future which is set.

Alice blue brokerage calculators help you understand how much you stand to save in the indian stock market.Our web calculators are better than share calculators in excel.You can use it find out how much you will save if you subscribe to our zero-brokerage forex plan.

Online currency trading first introduced at the Chicago Mercantile Exchange, after the gold standard system was removed. This market works just like a regular futures market, where the currency is traded in terms of contract months at standard maturity rates.  


The currency
brokerage calculator
The currency brokerage calculator is a simple online tool available. It can be used to calculate the net profit or loss after or before taxes. The calculator requires a number of input values. The brokers charge a small amount (variable) as stamp duty. Just like all other online calculators, you will need to input known values like selling and buying price. If the contracts are being traded at multiple prices, then you need to take the average. Another factor to look at is the lot size. The number of lots indicates the number of lots traded for which the net profit or loss is to be calculated using the online currency brokerage calculator.

The Process
This process takes place through stock brokers, and brokerage is payable in mere amounts of paisa, determined by the turnover, which is influenced by lot size. Brokerage charges are made on both sides of transactions separately. The other charges, in the form of taxes, are calculated automatically. You can see two results on your calculator. One with and without the extra charges.

The net profit or loss is given only after taking into consideration the brokerage and taxes, as these are what most traders look for.
You can buy and sell prices, and can be entered upto 4 decimal values. For trading in National Stock Exchange of India, the tick size is 0.0025. The way these values are determined to vary according to the exchange you are on. In India, the currency trading is offered in NSE-SX, MCX-SX, and USE. There are popular currency pairs like USD-INR, EUR-INR, GBR-INR.  

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