#MyCOSTrade It is possible that you have relatives or friends who operate in the markets. They could be trading in stocks, futures, options, or currencies. You may have heard their exciting trading stories, and perhaps this sparked your curiosity, making you want to know if you should trade as well. One of the first questions you should ask before trading is: what are the costs of trading?
The costs of trading depend on certain factors, including the instrument and the market you are trading in. Most of the costs incurred are by your brokerage firm. They earn a living in exchange for the services they provide.
In general, the company almost always incurs the following costs:
Commissions
Slippage
Spread
Platform Fees
Expenses.
Let’s understand that these costs are for a traditional transaction (NOTE) that helps us understand a bit more about the stock market...