PortWhat is a brokerage commission?
A fee charged by a broker for executing an order.
Explanation
Usually expressed as a percentage of the transaction value, with a specified minimum amount. This minimum amount determines the profitability of small orders.
Commission is not the only cost. Other costs include the spread, currency conversion fees for foreign instruments, and sometimes account maintenance fees.
Example
A commission of 0.29% with a minimum of 5 PLN on an order of 500 PLN means a real cost of 1%—three times more than the nominal rate.
Related Terms
See Brokerage Commission in action
Portevo displays this and dozens of other metrics for specific companies, along with an earnings calendar and your portfolio.
Portevo is not an investment advisor. The data and analyses are for informational and educational purposes only and do not constitute a recommendation or an offer to buy or sell financial instruments. Quotes are from external providers and may be delayed. You make investment decisions at your own risk.
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