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Are online brokerage fees too expensive?

April 26, 2017brokerage expensive fees online

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Are online brokerage fees too expensive?

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A. Most online brokerage services offer lower payment fees. Some may charge you a flat fee, while others may ask for a commission for more complex service offers. It could also be a combination of both. Though these services are said to be more cost-efficient, always watch out for any hidden fees. You may be charged for “inactivity” within a period of time, so make sure that you review the terms and condition of the brokerage agreement.