How do fees work when selling stocks online?
depends on broker. use charles schwab, charge me $8.95 per trade, whether buy or sell 1 or 5000 shares. check in discount brokers. can save lot of money on trades. ex. if buy 10 shares @$5 per share, have $50.00 plus $8.95 = $58.95. , incur same fee when sold. $58.95=8.95=$67.90. stock have go $1.80 break even, if bought 100 shares @$5.00 + buying , selling fee($500.00+8.95+8.95=$517.90)then stock has go .18 break even. so, yes can make money if stock goes enough. remember, if using full service broker, fees go great deal , therefore reduce chances of making money.
are fees charged per share or transaction when selling stocks major trading companies online?
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