How much are trading fees? Nov 25th

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How much are trading fees?

– moneysense.ca

Individual stock trading has exploded during the pandemic with the rise of meme stocks, investing FOMO and free trading platforms. New investors poured money into stocks looking to make a quick buck, and in most cases the markets obliged.

Indeed, Canadian and U.S. stock returns have soared since the brief market meltdown in March 2020. If you started investing recently, you could be forgiven for thinking that trading is easy. But investors can learn and improve while they trade, even before the next bear market rears its ugly head and teaches some painful trading lessons.

Frequent trading can quickly eat away at your portfolio gains. This article shares pro tips for managing your trading costs, including how to avoid emotional trades.

Are your free trades really free?

It wasn’t long ago that Canadian investors had to pay $29 per trade to buy and sell stocks at the big banks’ discount brokerage arms. Online brokers came along and helped drive costs down to about $5 to $10 per trade…

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