Explain commission

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gamblehappier
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gamblehappier

Explain commission
« on: April 15, 2020, 02:36:23 PM »
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Can someone explain here the commission of stock platforms?I know every stock platform has different charges.

For example i use Interactive brokers.

They charge USD 0.005 per share and they give this example
100 Shares @ USD 25 Share Price = USD 1.00
1,000 Shares @ USD 25 Share Price = USD 5.00
1,000 Shares @ USD 0.25 Share Price = USD 2.50


Lets say that i want to buy 1 quantity of apple stock which has value 280 usd.In this case i will need 280 usd to buy the 1 stock.My commission will be 1 usd.

Lets say that i want to buy 100 quantity of apple stock which has value 280 usd. .In this case i will need 28000 usd to buy 100 stocks of apple..My commission how much will be?

Also after search i check that at Interactive brokers in order to get live trading markets and live stock numbers you need to pay extra 10 $ monthly.



« Last Edit: April 15, 2020, 02:38:06 PM by gamblehappier » Logged

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