Broker Commision on Sell Limit?

Question

If you place a Sell limit that is "Good for the Day," but it does not get filled because the price doesn't exceed your limit, do you pay a commission fee? I use E*TRADE as my online broker.

Answer 1

Commissions are charged on orders that are executed,

Open orders do not incur a commissions nor do orders that were canceled,

Answer 2

NO

Not until the transaction is made do you pay.

If it was 'Good for the day" and didn't trigger you have no commission due.

Answer 3

There is no fee or commission to place a trade to buy or sell. The commission is only charged id the trade is "executed."