I'm trying to understand the concept of price per trade. Could someone explain what it means in the context of trading, and how it's typically calculated or determined?
6 answers
Tommaso
Wed Oct 23 2024
The concept of pay per trade refers to a fee structure employed by brokers in financial transactions.
DigitalDragonfly
Wed Oct 23 2024
It ensures that the broker receives compensation for their services, regardless of the profitability of the trade for the investor.
KatanaSwordsmanship
Wed Oct 23 2024
When an investor decides to buy or sell a block of shares, they engage in a trade.
MysticEchoFirefly
Wed Oct 23 2024
For facilitating this trade, the broker charges a fixed amount, regardless of the size or value of the shares involved.
Davide
Wed Oct 23 2024
This fee is known as the pay per trade charge and is a standard practice in the industry.