Insider Info/Tips   

Brokerage Fees

Haha..  if you can't beat the broker's commission, join them. ^=]

 

the onli way i knoe is to become a broker yourself... trading cost is halved...

 

Do you use e-brokers?

I think everyone has the same problem. You gotta buy the shares in bigger number of lots. If you buy 1-lot per counter, you'll find that the brokerage fees eat up a lot of your profits.

Buy at least 5 lots for stocks > $1.5 and at least 10 lots for stocks less than that. Thats the rule of thumb I usually apply

 

Are there any ways to avoid or reduce brokerage fees from transactions? I find the fees eating up what little profit I have, and I think this fee can be reduced, considering most buy-sell transactions are computerised.