Brokerage fees (or transaction fees) are securities trading charges which banks, online trading platforms and stock brokers levy for the mediation, processing and execution of stock market transactions.
Every transaction made on your behalf – every purchase or sale of a security – is subject to brokerage fees. These may be fixed or equal to a percentage of a transaction. They can come as a flat fee, or vary depending on the number of transactions you make. Depending on the broker, a number of exceptions and variables may apply, and these are accounted for in moneyland.ch calculations.
The size of brokerage fees can vary considerably between brokers. If you traded regularly, you could potentially save thousands of francs every year by moving to an affordable online broker.