Jumat, 26 Mei 2017
how to purchase shares
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how to purchase shares
A full service broker will charge more but they can also give you advice
on what to buy and sell. The law requires brokers to have a reasonable
basis for any recommendation they make to you. They must also tell you
about any interests they have in investment decisions which they
recommend to you.
Broker fees are usually based on a percentage of the value of the
purchase or sale. The percentage typically reduces as the amount of the
transaction gets bigger. Most brokers have a minimum fee which they
charge. Typically, the fee on a transaction of up to $5000 will be 2.5%.
For large trades, it may only be 0.1%. Small trades worth a few
thousand dollars can therefore be relatively expensive. Most share
transactions are paperless transactions, which are completed
electronically through crest. crest automatically deducts the Stamp Duty
Reserve Tax and sends it to us. Your stock broker will settle up with
crest for the cost of the shares and the Stamp Duty Reserve Tax and then
bill you for these and the broker’s fees. thank you ab cd ef gh ij kl
mn op qr st uv wx yz 12 34 56 N/A, United States? https://purchasesharesonline.com/_/how_to_purchase_shares/r26231_How-how-to-purchase-shares/N/A, United States.html
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