Just trying to get an idea of how full-service commissions on pfd's compare between full service and discount brokers. Specifically, between the different full-service shops.
2006-08-24 09:38:22 · 4 answers · asked by Hoosier broker guy 1 in Business & Finance ➔ Investing
You would pay the same commissions you are paying for trading common stocks. There is no difference in the commission structure.
2006-08-24 09:42:19 · answer #1 · answered by NC 7 · 0⤊ 0⤋
It depends, on how much $$ you have with them, how much stock yo want to buy / sell - too many factors - if you have enough money with a broker, you can buy 100 shares preferred stock for between $10 - $20, or you may pay as much as $80.
2006-08-24 16:41:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I have found a full-service brokerage fees to be about 50.00 per trade. Discounters range from around 10.00 and up.
2006-08-24 17:49:04 · answer #3 · answered by david42 5 · 0⤊ 0⤋
Same as for stocks and shares. About 1.5%, minimum $40
2006-08-24 19:06:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋