InvestorsHub Logo
Followers 3
Posts 173
Boards Moderated 0
Alias Born 08/18/2020

Re: pnnymn post# 23008

Saturday, 09/26/2020 1:33:56 PM

Saturday, September 26, 2020 1:33:56 PM

Post# of 44690
That's not entirely accurate. There is a 6.95 trade to buy and a 6.95 trade to sell plus commission (comission has been $.23 for me up to $6.80 on my trades from 5000 shares up to 34000 shares but varies based on $ value), plus a $15 foreign trade fee PER DAY. They've only charged me the $15 once per day, even when I've had 6 or 8 in and outs. If you are moving anything above $500, then this is insignificant. Some other platforms are charging $50 per trade.

If you want to see exactly what they're charging you, just login online to the website, not the app, and click on Account Details and it will break it all down for you. On a sell, it combines the 6.95 with the commission, but the foreign transaction fee is a separate line item and always clears 2 business days after the trade.