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My broker manages my money and doesnt charge. How does he/she do that?

April 26, 2017broker charge manages money

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My broker manages my money and doesnt charge. How does he/she do that?

1 Answer

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Transactional brokers are paid commissions for buying and selling securities in your account. Their income is dependent on your account being active. Most times you will not be able to see the fees generated by the trading.