Answer:
Yes, that's true.
Step-by-step explanation:
A brokerage fee is the commission paid to a salesperson or broker for selling insurance or securities, respectively. The amount of this fee is usually calculated as a percentage of the transaction price, though it may be a flat fee.
brokerage fee compensates a broker for executing a transaction. It is usually, but not always, a percentage of the transaction value. In finance, stockbrokers most often come to mind, but real estate agents and business brokers frequently charge brokerage fees
Answer:
A brokerage charges brokerage account fees regardless of whether an investor buys or sells assets, and trade commissions are incurred with every transaction.
