Trading 101: Online Broker Fees Explained

Trading 101: Online Broker Fees Explained

For those of you brand new to trading the stock market, one of the key things you’ll eventually need to understand is how online trading brokers operate in regards to costs and fees. If you want to trade and invest into the stock market, but also are wondering “how much will it cost me?”, this is the video for you.

[ichimokuzen]

Rupert, Billy Bob lol
Your explanations are very thorough. Thanks.

[nassimback]

Correct me if I'm wrong but : for a beginner trader who want to buy blue chip stocks (apple, tesla, nvidia...) if he only have 2000$ that would buy him less than 10 shares ! Cost per share would be the best choice for him right ? I mean it's only 10 shares ! Why paying 5$ (cost per trade) for just 10 shares

[jaw]

Keep up the content bro, it's legit helping me, have watched about 20+ of your vids within 7 days

[anniechambers]

Thanks Clay. So simple when you explain it!!

[nicoqueijo]

Why is the while broker system needed? Why can't the stock market be accessed directly? Sorry if stupid question.

[AntonLane-xv]

Also, does the brokers Cost per trade or Cost per Share go for Selling as well ?

[AntonLane-xv]

I’m confused … so you have to pay for the broker and also the cost per share or the cost per trade? Are they two different expenses or is it all one ?

[aravindvallinayagam]

Bro, how to read a company's balance and how to pick a share by reading it

[Ziknich]

I really laugh when you said "It depends" at 1:02, that wasn't the answer i was looking for, but really nice video it helped me out

[wildlifefree]

I'm breoker between eaxporter and importer how to guarantee my commission as both of them outside my country?

[torsteinlarsen]

Hey, hope you can answer my question. I’ve always thought brokers charged commission by taking a percentage of the trade. If you for example spend 100$, the broker would charge 10% of it as commission. Is it any truth in this?

[marcovieira]

Is there any aditional fee? Charged by NYSE, por example?

[steffisiauw]

I do invest 1200 after that they asking for upgrade trade to meet up bull market and pay 4200 fee to do withdrawal.sound correct?

[__chevaltan]

If you already choose one of those 2, can you change it again later?

[DivinelyNancy]

When do you pay for margin fees, is It automatically taken out of the trade after its done or is there a bill you have to pay after a quarter or so?

[farzadlami]

Thank you for the great videos Clay. A quick question about LightSpeed fees. As far as I know, there are three types of fees I will have to pay for trading; Commission fee (per share), routing fee (per share), and regulatory fee (0.0000221 X principal amount sold). Routing fee seems to be the most expensive one I think, am I missing something here? is there a way to avoid paying the routing fee on LightSpeed? Thank you very much in advance.

[musicayaudiolibros]

Hi Clay, what about stock exchange fees. I got information from my broker that it can vary depending on market. For example what % is commission for trading at NASDAQ?

[maribelpaulino]

i am having a problem with the company i joined in..can you help me ...is it required to have a wirex card amounting 1000$ before you can withdraw your earnings in your trading and pay immediately to process your withdrawal

[alfredaidoo]

Ok Clay trader I understands u perfectly but my problem is that, where does the spread goes. Are both the spread and the commission going to the broker?

[coppersulphate]

Hey Clay! Have you considered investing here in France? The stock prices here are very low and ideal for day trades