Question:

What is commission i wanna know what it is!

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What is it???

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  1. If you are asking about commissions in the context of investing, it is the amount that you are charged by the stock broker for assisting you with a trade; for example, buying or selling a stock or bond.  


  2. Pay based on your sales.  You earn a certain percentage of your total sales for a specified time period.

  3. When you are talking about investing, commission is the amount of money that brokerage firms charge for helping you make a trade.  Some brokers charge a flat fee rate while others might charge a certain amount for each share transacted.  Different brokers have different commission rates.  For example, the broker I currently use, Firstrade ( http://www.firstrade.com/ ), charges $6.95 per trade.  Etrade and Schwab charge $12.99 per trade.  TD Ameritrade charges $9.99 per trade and Scottrade charges $7 per trade.

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