Can you avoid broker’s fees?

[ReggieFx]

I can’t make profits yet and I hate paying my broker a sizable sum. Is there any way I can cut these costs?

 

[Antho]

I can’t make profits yet and I hate paying my broker a sizable sum. Is there any way I can cut these costs?

Try looking for brokers with lower spreads or commission-free accounts. Also, avoid overtrading.. fewer trades means fewer fees.

 

[smifslimited]

The best way to go about saving on broker's fee is to look for discount brokers who give free service or charge a flat brokerage for a trade. Also don't over trade or revenge trade.

 

[kajalnigam]

I'm already avoiding fees while using shoonya by finvasia and Mstock due to their zero brokerage concept.

 

[Jessie]

To cut broker costs, consider switching to a low-fee or commission-free trading platform. Look for brokers that offer competitive spreads or cashback incentives. Additionally, focus on reducing trading frequency to minimize fees and improve profitability. Researching and comparing different brokers can help you find a more cost-effective option.