Compare Stock Rates at Brokers

Compare rates

If you open a current account at a bank, you would rather choose a bank where this is free. Now that you are looking for an online broker , you would also prefer to open a free account or be sure that you have opened the cheapest investment account . However, with brokers there are more rates to take into account and therefore the cheapest broker is not the same for everyone. Once you know what to look for, you can look for the right broker at Compareallbrokers.com. Here you can easily compare online brokers .

The cheapest broker is different for everyone

What is the cheapest broker? That depends, how actively are you going to invest? What are you going to invest in? These questions help determine which broker will be cheaper for you. In addition, there are a few standard broker rates that you also have to charge.

What are the standard broker rates?

• Transaction costs: Every time you buy or sell shares or other investment products, transaction costs are charged. These transaction costs depend on the products you invest in and the frequency with which you invest. In general, transaction costs are higher on foreign stock exchanges.
• Service fee: This is the amount you pay to maintain your investment account. At a broker that charges very cheap transaction costs, the service fee is often higher. Which ultimately makes the broker more expensive if you do few transactions.
• Currency costs: Currency costs only arise when you invest in currencies other than the euro. The transaction costs are then stored and processed in the exchange rate. These are not visible on your account and are therefore often overlooked.
• Fund costs: These are costs that you pay when you invest in funds. This is used for the management and administration of an investment fund. The costs are included in the price and do not have to be paid separately.

Other costs: In addition to the standard rates, brokers can also charge a fee for additional information such as real-time quotes or extra tools. Some brokers charge inactivity fees. Therefore, always read the small print so that you are not faced with any surprises.