It is not double charge. Basically it is 2 separate transactions, and hence you will be charged once for buying and one more time for selling.
Or to make it easier to imagine, pretend that you bought today and sold tomorrow. The calculation is the same.
However, the brokers do aggregate the fees of all buy transactions for the day, and all sell transactions for the day when it comes to calculating the minimum brokerage fee.
Sell and buy at the same day, same counter
Dec 4 2020, 05:34 PM
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