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How to calculate commissions?
I'm going to open an account to trade stocks and I'm trying to understand how much they charge, but I couldn't understand what these terms mean. I'm talking about Nasdaq and NYSE here.
Here's the link : http://uk.saxomarkets.com/Documents/...ive_Trader.pdf
Here's what I got:
- You pay $6 as long as you buy not more than 1000 stocks at once.
- You pay 0.7 cents per stock if you order more than 1000 stocks at once.
Have I got that right?
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