Brokerage fee

RECENT NEWS
Motley Fool  Jun 11  Comment 
There's no limit to what you can be charged for this fee.
Reuters  Sep 27  Comment 
A new type of disclosure about various fees that investors shell out to maintain brokerage accounts will promote a better understanding of those charges and provide a tool for comparing companies, U.S. state securities regulators said on Sunday.
Yahoo  Jul 21  Comment 
Securities and Exchange Commission Republican member Daniel Gallagher said in a public comment letter that the Labor Department's plan would actually hurt the middle-class investors it is designed to help. The Labor Department "should scrap" the...
The Globe and Mail  Sep 19  Comment 
Paper company aims to save cost of issuing lots of little dividend cheques
The Australian  Jul 29  Comment 
AUSTRALIA'S online stockbroking industry is set for a major shake-up, with CMC Markets slashing its brokerage fee as it chases market share.
Business Times - Malaysia  Oct 19  Comment 
The government is likely to remove or reduce minimum brokerage fees to boost the equity market in the 2010 Budget, according to Kenanga Research. Incentives will also be unveiled to promote efficient fuel and related technology in the budget to...




 

A brokerage fee is the fee charged by a brokerage company to facilitate the transactions between buyers and sellers.

There are two main types of brokerage fees: a flat fee, and a fee based on a percentage of the transaction.

For example, a brokerage company may charge a flat fee of $7 for stocks priced at $1 or above. For stocks under $1, the brokerage company may charge a flat fee of $7 plus 0.5% of the transaction.

There is usually an extra brokerage fee charged for options trading. For example, a brokerage company may charge a flat fee of $7 plus $1.25 per contract for option orders.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki