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Buying and selling stocks
In order to buy or sell stocks, you need to go through a brokerage house. A brokerage house is a company that is a member of one or more stock exchanges. The broker acts as an agent to execute the orders. A broker charges a commission for this service. The commission fee can vary from as low as $5 per trade up to hundreds and even thousands of dollars. The cost depends on the type of broker, the number of shares, the price of the stock, and the type of order. |