common-close-0
BYDFi
Trade wherever you are!

What are the fees for trading cryptocurrencies on thinkorswim?

avatarJulia MayrhauserDec 30, 2021 · 3 years ago3 answers

Can you provide details about the fees associated with trading cryptocurrencies on thinkorswim? I am interested in knowing the costs involved before I start trading.

What are the fees for trading cryptocurrencies on thinkorswim?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! When trading cryptocurrencies on thinkorswim, you will be charged a commission fee of $0.01 per share, with a minimum fee of $1.99 per trade. This fee applies to both buy and sell orders. Additionally, there may be other fees such as regulatory fees, exchange fees, and overnight fees for margin trading. It's important to review the fee schedule provided by thinkorswim for a comprehensive understanding of the costs involved.
  • avatarDec 30, 2021 · 3 years ago
    Trading cryptocurrencies on thinkorswim comes with a commission fee of $0.01 per share, with a minimum fee of $1.99 per trade. These fees are applicable for both buying and selling cryptocurrencies. It's worth noting that there may be additional fees imposed by regulatory bodies and exchanges. To get a complete picture of the fees, I recommend checking the fee schedule on thinkorswim's website.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on thinkorswim, you'll encounter a commission fee structure. Each trade is subject to a fee of $0.01 per share, with a minimum fee of $1.99 per trade. These fees apply to both buying and selling cryptocurrencies. It's important to note that thinkorswim is not the only platform with fees, as most exchanges charge fees for trading. If you're looking for a fee-free alternative, you might want to consider BYDFi, a popular exchange that offers competitive rates and a user-friendly interface.