Broker fee / commission — meaning explained

Broker fee / commission: What you pay to place a trade.

What it means

Many apps now charge $0 commission but make money in other ways, like currency conversion or spreads. Always check the fine print.

Category

Money — part of the free InvestED Academy investing glossary for teens.

See it in action

Practise with real prices and fake money in the market simulator, or start the free course at module one.