Hi,
Apart from commission fee and platform fee, is there other fees we should worry about when choosing brokers? There are a few other terms in "pricing" of each brokers that's confusing me.
1. Routing fee:
listed 0.0005-0.004 per share in ST( https://speedtrader.com/routing-fees/), does this mean the actual cost per trade is 2.95 + (routing fee)*shares or (per share commission + routing fee)*shares.
Should routing fee matter? the number seem not ignoble comparing with per share commission.
2. IB's fixed price vs tired price?
I understand tired price is commission vary according to share size, but the highest 0.0035 is lower than fixed price 0.005, is this saying we should choose tired price account? is the routing price same for fixed and tired?
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