Cryptocurrency Q&A
What is a trading charge?
What is a trading charge?
Leonardo
Fri Nov 01 2024
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6 answers
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I'm trying to understand what a trading charge is. Could someone explain it to me in simple terms, including what it covers and why it's imposed?
6 answers
Caterina
Sun Nov 03 2024
Trading fees are incurred when an investor desires to purchase or sell shares of a particular investment.
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CryptoAlly
Sun Nov 03 2024
These fees, also referred to as commissions, serve as compensation for the broker.
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SumoHonorable
Sun Nov 03 2024
The broker assists in facilitating the trade through their platform.
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Federico
Sat Nov 02 2024
Without the broker's services, the trade would not be executed.
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Sofia
Sat Nov 02 2024
Therefore, the trading fee is a necessary expense in the investment process.
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