What does «brokerage fee» mean?

The brokerage fee is a trading fee or commission that is charged when securities are bought or sold. It usually depends on the amount of the transaction, the asset class and the stock exchange where the securities are traded. The costs can vary greatly depending on the provider.

At True Wealth, transactions cost nothing extra; all brokerage fees and trading commissions are already included in our management fee. Click here for our complete overview of fees.