What are the fees and commissions associated with fidelity and vanguard brokerage accounts for trading cryptocurrencies?
heaodongDec 27, 2021 · 3 years ago1 answers
Can you provide details on the fees and commissions charged by fidelity and vanguard brokerage accounts for trading cryptocurrencies? I would like to know the costs involved before deciding which platform to use for my cryptocurrency trading activities.
1 answers
- Dec 27, 2021 · 3 years agoWhen it comes to trading cryptocurrencies, fidelity and vanguard brokerage accounts offer competitive fee structures. Fidelity charges a flat fee of $4.95 per online U.S. equity trade, and an additional $0.65 per contract for options trades. Vanguard, on the other hand, charges a $7 commission for the first 25 trades and $20 for subsequent trades. These fees are relatively low compared to some other brokerage platforms. However, it's important to note that fees and commissions may vary depending on the specific cryptocurrency being traded and the type of account you have. It's always a good idea to review the fee structures and compare them to ensure you're getting the best deal for your cryptocurrency trading activities.
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