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TagsWhat are the fees for trading ETFs on Scottrade?
Amar Jeet SinghDec 28, 2021 · 3 years ago1 answersCan you please provide a detailed explanation of the fees associated with trading ETFs on Scottrade? I am interested in knowing the different types of fees, such as commission fees, management fees, and any other fees that may apply. Additionally, it would be helpful to understand how these fees compare to other popular cryptocurrency exchanges.
1 answers
- When trading ETFs on Scottrade, you will encounter a few fees. Firstly, there is a commission fee for each trade you make. This fee is typically a percentage of the total trade value and can vary depending on the size of your trade. Additionally, some ETFs may have management fees, which are charged by the fund manager to cover the costs of managing the ETF. These fees are usually expressed as an annual percentage and can vary between different ETFs. It's worth noting that Scottrade is known for its competitive fee structure, so you can expect the fees to be reasonable compared to other cryptocurrency exchanges. However, it's always a good idea to compare fees across different exchanges to ensure you are getting the best deal for your trades.Dec 28, 2021 · 3 years ago
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