dimanche 19 juin 2016

Brokerage commission clarification - Help needed

I'm going to open an account with Saxo Capital Markets but I want to make sure that I understand how their commission structure works since it seems much, much cheaper than the other local firms in my country.

Here's the link, feel free to check it out. (I put the UK version on purpose, Turkish version is the same for Nasdaq and NYSE)

It says "flat free threshold" is 1000 shares and equals to $6 for Nasdaq and NYSE stocks, does this mean I'm going to pay only $6 if I place an order for 900 shares and I'm going to get charged only 0.7 cents per share ($10.5) if I place a new order for 15000 shares later?


Brokerage commission clarification - Help needed

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