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DR. DAVID EDWARD MARCINKO MBA CMP™
SPONSOR: http://www.MARCINKOASSOCIATES.com
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Regardless of the technology infra-structure, there are generally four types of fees that an online investment platforms charge:
- Trading Fees: Any fixed charge attached to each trade that you make. This will typically be either a flat fee or what’s known as the “spread,” when your broker charges you based on the difference between the buying and the selling price of an asset.
- Trading Commissions: This is when a broker will charge you for each trade you make based on a percentage of the volume or value of each trade.
- Inactivity Fees: Any fees that the broker charges you for not trading, such as for keeping money in a brokerage account.
- Non-Trading/Other Fees: Any form of fee for using this platform not covered above. For example, a brokerage might charge you for making deposits into your account, taking money out of it or signing up for additional services.
- CITE: https://www.r2library.com/Resource
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Filed under: "Ask-an-Advisor", Accounting, Career Development, Financial Planning, Funding Basics, Information Technology, Investing, Touring with Marcinko | Tagged: FEES, Investing fees, Marcinko, online investing platform fees, Online investing platforms |
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