facebookDear All, I would like to understand the difference between commission fee and the platform fee charged by the brokers (moomoo, webull etc) - Seedly

Anonymous

23 Apr 2024

βˆ™

Stocks

Dear All, I would like to understand the difference between commission fee and the platform fee charged by the brokers (moomoo, webull etc)

Am I to understand correctly platform fees is something that is charged annually/quarterly on the total investments that you have something like a annual management fee while the commission fee is one off fee that you pay at the point of purchase of the stock?

Discussion (7)

What are your thoughts?

Learn how to style your text

Look at the websites to compare some got signup promos as well

Can look up seedly's website on the comparison as well!

JDZ

04 May 2024

Own time own target at Self Employed

Moomoo should be commission free?

Platform fee the fee to use their app. Commission fee= their processing fee. U buy and sell then to ...

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