General questions:
1. How much is the Stocks Assistant application?It's FREE.
2. What iOS devices are compatible with the application?
This is compatible with iPhone 3GS, iPhone 4, iPhone 4S, iPod touch (3rd generation), iPod touch (4th generation) and iPad. This requires iOS 5.0 or later.
3. What Android devices are compatible with the application?
This is compatible with Android phone and tablets that has Android 2.2 or later.
Computation settings:
1. Does the computations include the broker's fees?Yes. The following are the charges included in the computations.
- Commission = 1/4 of 1% or 0.25% of the gross trade amount or a minimum charge of P20.00 pesos per transaction, whichever is higher.
- VAT = 12 % of commission
- PSE (Philippine Stock Exchange) Transaction Fee = 0.005% of gross trade amount
- SCCP (Securities Clearing Corporation of the Philippines) Fee = 0.01% of gross trade amount
- Sales Tax = number of shares x sell price x .005
2. Does the broker's fees applicable to all countries?
Maybe. The fees included in the application are patterned to the fees being charged by Philippine-based brokerage firms. Some of them might not be applicable to other countries.
3. How can we use the application if the fees are not applicable to my country?
You can exclude the commissions and fees in the computation by removing the check on the "Include Commission" and "Include Fees/Taxes" in the settings.
