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The brokers commission means that if he finds a house for you costing say, 50,00000 rupees value. Then he will charge a 2percent of the whole amount as his commission.

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How much is stock brokers commission?

.5%-5%


What is the commission rate for a futures broker?

The commission rate for a futures brokers vary according to how much work is in it for them. You can find discount brokers for as little as 59 cents per trade.


How do forex brokers make their money?

Forex brokers make their money in three ways:taking a commission on every trade. ECN brokers take direct commission and market makers take the commission through the spread.taking interest on leveraging.some of the market makers will take the opposite side of the trader position and will profit from the trader loss.


How much do stock brokers get paid?

Stock brokers usually get paid between 300.00-500.00 per week salary when they are trainees. After that they work on commission. Stock brokers can make anywhere from 30,000 to over 1,000,000+. There is no set limit. The harder they work the more they get paid.


Do brokers get lower commissions on preferred stock?

Brokers typically do not receive lower commissions specifically for trading preferred stock compared to common stock; their commission rates can depend on various factors, including the brokerage firm’s pricing structure and the size of the trade. However, because preferred stocks are often less liquid and traded less frequently, some brokers may have different fee structures for these transactions. Additionally, commission rates can vary between brokers and may be influenced by the overall market conditions. It's advisable for investors to check with their broker for specific commission details related to preferred stock trades.

Related Questions

How much is real estate brokers commission in Ohio?

The normal real estate brokers commission is around 3 percent. Some function as both seller and buyer brokers and make 6 percent.


How much is stock brokers commission?

.5%-5%


Can a real estate brokers commission rate vary?

Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.


What is the commission rate for a futures broker?

The commission rate for a futures brokers vary according to how much work is in it for them. You can find discount brokers for as little as 59 cents per trade.


How do forex brokers make their money?

Forex brokers make their money in three ways:taking a commission on every trade. ECN brokers take direct commission and market makers take the commission through the spread.taking interest on leveraging.some of the market makers will take the opposite side of the trader position and will profit from the trader loss.


Do real estate brokers make base salary and commission?

Brokers make a percentage of what they sell or what their agents (if any) sell.


How much is the average real estate brokers commission in New Mexico?

The average real estate brokers commission is around 5,000 dollars per transaction. They usually earn 3 to 6 percent of a sale.


How much is real estate brokers commission on raw land in NC?

10%


What is the current Colorado real estate commission?

The current Colorado real estate commission manages the exams for real estate brokers and salespersons before giving them a real estate license. The commission also keeps brokers informed of changes in real estate laws, forms and regulations.


What do agents and brokers do?

Often called functional middlemen, agents and brokers perform a limited number of services in exchange for a commission that is based on the selling price.


What do commodities brokers do?

Commodity Brokers is a person or group of people that carry out orders to buy and sell Commodity Contracts for clients in exchange for Commission. An individual who does this for themselves is known as a Trader.


A real estate broker sold your house for 72000 the brokers commission was 6 percent of the selling price how much would you get for the house after the commission is paid?

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