Regardless of which plan is chosen, you can use all of the company’s trading platforms. Stock and ETF trades are free with the IBKR Lite plan. The price for trades at Interactive Brokers, which has a $0 account minimum, depends on whether you use its IBKR Lite pricing plan or its IBKR Pro pricing plan. Now, many trading platforms such as Interactive Brokers and TD Ameritrade offer commission-free trading platforms that allow investors to trade stocks and exchange-traded funds (ETF) free of charge. In the past, online brokers have charged trading fees and commissions as a standard business model. For example, a brokerage might charge you for making deposits into your brokerage account, taking money out of it or signing up for additional services.

Non-trading/Other fees: Any form of fee for trading on this platform not covered above.

Inactivity fees: Any fees that the broker charges you for not trading, such as for keeping money in a brokerage account.

Trading commissions: This is when a broker will charge you a percentage based on the volume or value of each trade.

This can come in the form of a flat fee or what’s known as the “spread.” This is when your broker charges you based on the difference, if any, between the buying and the selling price of an asset.

Trading fees: Any fixed charge attached to each trade that you make.

You should look out for these when evaluating any investment or trading service:

There are usually four types of fees to look out for when choosing a trading platform.

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