How do I calculate the broker?
It is important to understand how to calculate a broker's fee when engaging in a stock or other financial transaction. Brokerage fees are typically calculated as a percentage of the total transaction value. This percentage can range from a few basis points up to several percentage points depending on the type of transaction. To calculate the broker's fee, use the following formula:
Broker's Fee = Transaction Value x Brokerage Percentage. Using either Sourcetable, you can easily calculate the broker's fee for any transaction.