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Brokerage Fees
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TSvaxen
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Jan 25 2008, 08:03 PM, updated 18y ago
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New Member
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Hi, I've had a look at a few brokers websites and non of them show their rates and charges! It really beats me why these brokerage house sells a service without telling you much it cost. Can someone please help me list out rates and charges of various brokers. Thanks
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Jordy
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Jan 26 2008, 01:27 AM
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Entrepreneur
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cherroy
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Jan 26 2008, 10:33 AM
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20k VIP Club
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We had another similar thread before, check it up.
The reason of broker house, or investment bank didn't publish their commission rate is that commission is not fixed, each individual can have different rate as it is negotiable for the new system. Mostly apply roughly the same rate for most customers. ie. normal (old fashioned trade through phoning remiser) 0.6%, online trade 0.42, day trade 0.15%. Above 100K/transaction, fully negotiable.
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