This. 🤴 Plus500 is Used By: 22,000,000 ⚡ Plus500 is Regulated by: Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. Plus500 inactivity fee – There is a fee of $10 USD if an account is inactive for 3 months. Plus500 inactivity fee. Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Yes, stop-loss order is available at Plus500 's web and mobile trading platforms. Both brokerages charge overnight fees and inactivity penalties, though Plus500’s dormancy fee kicks in after three months at $10 per month while eToro’s $10 monthly charge isn’t levied on accounts until one year of inactivity. The plus500 charges low Trading fees and average non-trading fees. Plus500 is a free trading platform that facilitates commission-free CFD trading. Trade CFDs on instruments from the world’s most popular markets. A Plus500 inactivity. Plus500 does not provide CFD services to residents of the United States. Plus500 offers a commission-free trading platform with tight spreads on all major currency pairs. S. Bank wire transfer. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. These are determined and levied by your payment issuer or bank, and not by Plus500. The Currency Conversion Fee will be reflected in real time into the unrealised profit and loss of an open position. When such taxes and fees occur. On the downside, Forex. This means that if you’re not logging in or trading, you’ll have to pay a fee. 5% currency conversion fee, overnight funding and a. 7% of the trade’s realised net profit and loss and reflected in real time into the unrealised net profit and loss of an open position. 3 respectively. Discover an easy-to-use trading app with cutting-edge tech, professional support, and reliable clearing services. Plus500’s website denotes transparency about all involved costs, enabling quick. Plus500 does charge a higher inactivity fee of $10 each quarter after there has been no trading activity for three months. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. The latter will vary depending on the instrument you’re trading. 70% - for transactions in a different currency from the one the account is in. Compare FXTM and Plus500 by 11 key criteria, such as fees, trading conditions, supported trading assets etc. Inactivity Fees . When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. This fee will be charged once a month from that moment onwards, as long as no login is made to the account. Inactivity Fees ; Unlike other trading companies, Plus500 does not charge anything for inactive accounts. Non-trading fees at Plus500; 💳: Account fee: No account fee: 💸: Withdrawal fee: Free withdrawals: ⏸️: Inactivity fee: $10 per month after 3 months of inactivity. An inactivity fee is a monthly charge that is levied on your account if there has been no trading activity for a period of 12 months. Answers to our traders' most frequently asked questions at Plus500™. Inactivity Fee: 0: Routing fee: 0:. Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. Inactivity Fee: In the event of no account logins for a period exceeding three months, an inactivity fee of up to USD 10 per month is incurred. Does Plus500 charge an inactivity fee? Plus500 charge $10 inactivity fee for a month if you don’t log into your account during 3 month. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Plus500 terms and conditions. Overall on Fees. This is decided by an individual’s payment issuer or bank and is out of Plus500’s control. Plus500 offers. Plus500 does charge deposit fees in some cases. It keeps costs to a minimum, with low commissions and no inactivity. Our compensation is derived from our Trading Commissions, which are among the lowest in. Plus500 does not charge a commission. Some brokers charge a deposit fee for some payment methods, Plus500 does not do this. 4 pips: None: None: None: Overall, we think Plus500 is the clear winner when it comes to pricing. Plus500 Inactivity Fee . When trading with this broker, you can expect 0 fees for:. Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)Plus500 - Well-designed platform. 0 out of 5. Inactivity fees are applied if the account remains inactive for a specified period. Yes. 🛑 Inactivity Fees: A $10 monthly fee is charged after three months of inactivity. Great account opening. Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. 简体中文 繁體中文 Trade Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. Read more about our methodology. Asset Name Eightcap Plus500; Overall. 2#. Currency exchange, guaranteed stop orders, and overnight financing costs are the three primary charged expenses that traders must be informed of. However, traders should be aware of the potential for. $10 per month after 3 months of inactivity. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. 💰 Plus500 custody fee. Compare eToro and Plus500 for a side-by-side look at each forex broker's fees, features, and ratings to see if eToro is better than Plus500. eToro does charge an inactivity fee of $10 per month if there has been no trading activity after one year – pretty standard. This fee is waived for accounts with a balance of $500 or more. Good research tools. In case a trading account remains unused or dormant for more than 3 months a fee of up to 10 USD will be charged. Όπως όλοι σε όλους του online brokers, έτσι και στο Plus500, τα fees χωρίζονται σε δύο. Yes. We explain Plus500 trading fees, financial regulation, funding and withdrawal methods, what to look out for when buying and selling financial instruments using the Plus500 trading platform. $10 Inactivity Fee: Plus500 applies inactivity fees to their clients. Online brokers compared for fees, trading platforms, safety and more. When funding your Plus500 account there may be some Plus500 deposit fees which will vary depending on the payment. Plus500’s fees are pretty competitive in the brokerage industry. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. Plus500's service is on par with Trading 212's and a comparison of their fees shows that Plus500's fees are similar to Trading 212's. Plus500 Invest: Where you can trade stocks (real shares); As a side note, Plus500 Futures, a platform only available for US users and where you can trade Futures, is also part of the Plus500 group. For example, when trading EUR/USD, if the buy rate is 1. 12078 then the sell rate would be 1. Currency Conversion Fee - Plus500 will charge a Currency Conversion Fee for all trades. Available share markets: ASX, NASDAQ, NYSE, LSE and SSE. In our Ninjatrader fees guide breakdown and examine the pros and cons of Ninjatrader and their fee and commission requirements and account types. Plus500's service is on par with Vanguard's and a comparison of their fees shows that Plus500's fees are similar to Vanguard's. Plus500 Invest: Where you can trade stocks (real shares); As a side note, Plus500 Futures, a platform only available for US users and where you can trade Futures, is also part of the Plus500 group. Plus500 charges no withdrawal, account, or deposit fees. You should consider whether you can afford to take the high risk of losing your money. If you do not trade for three months or more then you will pay an inactivity charge which is levied at $10 a month. My account went from IB UK to IB IE. This fee only applies to U. Founded in 2008, Plus500 is another global CFD provider, which is also traded on the London Stock Exchange. Overall, this is a fair policy that affords you a longer break than at other brokers. Low fees. Plus500 Inactivity Fees. Plus500 Invest: Where you can trade stocks (real shares). Plus500 review Plus500 Deposit Fees. This. The fee will keep getting deducted every month from your. This fee will be charged once a month from that moment onwards, as long as no login is made to the account. Currency Conversion Fee - Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different. Trade CFDs on instruments from the world’s most popular markets. $10 per month after 3 months of inactivity. This fee will be. Plus500 does charge deposit fees in some cases. Inactivity Fee yang Rendah: Plus500 hanya menetapkan inactivity fee sebesar $10 pada trader yang tidak melakukan aktivitas trading selama lebih dari tiga bulan. Plus500 Inactivity Fees. It caters primarily to beginners, offering a user-friendly interface and a hassle-free trading experience. Quick and helpful customer support. Additionally, Plus500 charges an inactivity fee for dormant accounts that are inactive for three months. Currency conversion fee of up to 0. Some brokers charge a deposit fee for some payment methods, Plus500 does not do this. Plus500's service is slightly better than Stake's and a comparison of their fees shows that Plus500's fees are similar to Stake's. This would make Plus500 inappropriate for buy-and-hold investors. However, it’s important to note that your bank or payment provider may charge a fee. Inactivity Fees: $10/month (after 3 months of no login activity) Yes: $10/month (after 12 months of no login activity) Yes: $0: Instruments Available: CFDs on: Indices, Forex, Commodities, Crypto, Shares, Options, ETFs:. Kekurangan Trading Fees di Plus500Plus500 Inactivity Fees: Yes Plus500 Zero Spread Accounts: No Plus500 Withdrawal Fees: No. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. 00 / month after 3 months of no logins. S. Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. When you open a position, it always starts with a small loss. A fee of up to 10 USD will be levied should your Trading Platform remain unused or dormant for a time period as it is defined in the User Agreement. Visit Plus500. Inactivity Fee: Plus500 charges a fee of up to $10 a month in instances of inactivity or when a trader fails to log in to their account for at least three months. Interactive Brokers charges a minimum fee of $0. Traders may be charged for overnight funding, currency conversion fees, guaranteed stop orders, and inactivity fees: 💰 Deposit Fees: None: 💰 Withdrawal Fees: None: 💰 Management Fees: None: 💰 Inactivity Fee: $10 after 3 months of inactivity: 💰Minimum withdrawal: $100 but this can vary by payment method: 🔀 Minimum trade order. Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days) #4 Plus500. Casual traders should also be aware that there is a $10 inactivity fee after three months. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. The. The Currency Conversion Fee will currently be up to 0. Overnight Charges: Whenever you hold any trade position open overnight, Plus500 will apply overnight charges in trading fees. Plus500 Inactivity Fees: Yes Plus500 Zero Spread Accounts: No Plus500 Withdrawal Fees: No. There is no withdrawal fee above USD100 (a charge may be incurred on the 5th withdrawal of the month), and any inactivity fee does not apply for the first three months. Answers to our traders' most frequently asked questions at Plus500™. Non-trading Fees. Plus500 charges a currency conversion fee for new. There is no inactivity or account fee. 💰 Plus500 inactivity fee. 💰 Plus500 account fee. On the other hand, there is an inactivity fee of $10 per quarter after 3 months of inactivity. The broker’s customer service meanwhile covers WhatsApp chat, email support, and live chat but no phone support. Traders. Closed: 3/2013 (due to inactivity) - 52 months between last use and closure due to inactivity. The most common non-trading fees include Plus500 withdrawal fees, Plus500 deposit fees and Plus500 inactivity fees. Trade CFDs on instruments from the world’s most popular markets. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. First 5 withdrawals per month are free, which is a plus for small trading accounts. website at. Plus500 non-trading fees Plus500 deposit & withdrawal fees. $10 per month after 3 months of inactivity. We explain NinjaTrader Brokerage trading fees, financial regulation, funding and withdrawal. 50% for BTC, 0. Good research tools. website at. Consequently, the fee is nullified once the user logs in again. Experienced traders who know how to trade CFDs, or are willing to educate themselves on trading. Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. Plus500 charges no withdrawal, account or deposit fees. 82% of retail investor accounts lose money when trading CFDs with this provider. This fee will be charged once a month from that moment onwards, as long as no login is made to the account. 💰 Plus500 custody fee. When funding your Plus500 account there may be some Plus500 deposit fees which will vary depending on the payment method you use to deposit to. Non-trading fees are average and the inactivity fee kicks in after 12 months of no trading. The most common non-trading fees include Plus500 withdrawal fees, Plus500 deposit fees and Plus500 inactivity fees. The account opening process at plus500 is fully digital, simple, and fast. After three months of inactivity — meaning not logging into your trading account — you will be charged $10 for every. The inactivity fee of $10 per month is relatively high. The fact that Plus500 charges an inactivity fee makes it less ideal for you if you are a buy and hold investor. Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. Inactivity Fee: Yes Open an Account. There are no surprises. On rare occasions, you may incur fees when transferring money to and from your Plus500 account 1. Off airport car. 8 pips is the average cost for the spread. Plus500 inactivity fees can be avoided by. Trade the world’s most popular markets. Inactivity Fee. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. Plus500 CFD Inactivity Fee. Plus500 will charge this fee monthly unless a login is made to the account. The Currency Conversion Fee will currently be up to 0. Yes, CFD trading is available at Plus500. The Currency Conversion Fee will currently be up to 0. This fee will be charged once a month from that moment onwards, as long as no login is made to the account. Currency Conversion Fee Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. No custody fee. What the Ninjatrader trading platform is able to offer traders. Plus500 minimum deposit. Visit Plus500. An inactivity fee is a fee that is charged if you have not logger in to your trading account for a certain period of time. there are no broker fees when opening or closing the position. The firm specializes in CFD trading on its intuitive, in-house platform and mobile app. Non-Trading Fees. Plus500 currency conversion fees can be upto 0. You will also have 5 free withdrawals per month, after which commissions will be charged. Start with only $100 and trade with 0 platform fees. The Currency Conversion Fee will currently be up to 0. 6 pips, in this example). For dormant accounts that are idle for three months or more, Plus500 also charges an inactivity fee. This fee will be. We explain Plus500 trading fees, financial regulation, funding and withdrawal methods, what to look out for when buying and selling. Plus500 Invest: Where you can trade stocks (real shares); As a side note, Trade Sniper, a platform only available for US users and where you can trade Futures, is also part of the Plus500 group. Online brokers compared for fees, trading platforms, safety and more. 00051 USD per million, effective February 25, 2021, on U. Completely free of commission trading is offered for trading on the platform Plus500 does charge additional fees. exchange CFD DMA and stock Sell transactions where customers’ orders are entered directly into the underlying market. The broker currently charges up to 0. No. Trade CFDs on instruments from the world’s most popular markets. $10 inactivity fee per month after three months of inactivity;. Inactivity fee: No: Read review: For a detailed analysis of Trading 212 services, check out our review for 2023:Plus500 Has Hundreds Of CFDs for All Trading Levels. Plus500 charges an inactivity fee if you’re not active on the platform for a certain period. Plus500 is an excellent choice for active traders looking for a reliable CFD broker with a great trading platform and a wide range of trading instruments. 7% on the trade’s net profit or loss. Plus500 does not provide CFD services to residents of the United States. tastytrade - Low trading fees. Plus500 review Plus500 Deposit Fees. There’s a fee of $10 per month if you don’t log into your trading account for a period of at least 3 months. Plus500 does charge deposit fees in some cases. Inactivity Fees. 7 pips, while eToro’s is 3. HDoes Plus500 Charge an Inactivity Fee? Yes. . Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. Answers to frequently asked questions about trading with Plus500™. Inactivity Fees. Their cryptocurrency CFD spreads are around industry average – 0. Fees & Commissions USD; Standard & E-Mini contract commission* 0. Hal ini mampu meminimalkan biaya yang dikenakan pada trader yang memiliki akun trading tetapi jarang melakukan aktivitas trading. Great account opening. The fees to fund your account via credit card include a 1% charge for Visa and 0. Our Fees & Charges Competitive, Straightforward and With No Surprises. Inactivity Fee A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. Compare Eightcap and Plus500 by 11 key criteria, such as fees, trading conditions, supported trading assets etc. Visit our U. There are no surprises. For withdrawals, this will cost you just. Deposit fee. Plus500 provides a straightforward trading experience with a simple fee structure and competitive spreads. Answers to our traders' most frequently asked questions at Plus500™. Unlike other service providers who also. 49: Liquidation fee per contract: 10: Withdrawal wire transfer: 0: Data fee: 0: Platform fee: 0: Deposit and withdrawal ** 0: Inactivity Fee: 0: Routing fee: 0Oct 20, 2023Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. g. Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options. 80% for ETH and increases incrementally with other smaller coins like NEO which is traded at a 4. Our compensation is derived from our Bid/Ask spreads, which are among the tightest in the industry (based on internal monitoring). 7% of the trade’s realised net profit and loss and reflected in real time into the unrealised net profit and loss of an open position. Lastly, Plus500 applies an inactivity fee of up to $10 per month for accounts that have not been active for the past three months. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. Here's where fractional shares come in. Inactivity means that you don't log in to your account: Custody fee: No custody fee: Conversion fee: 0. In such a case, the CFD platform may reserve the right to close your account. S. This fee will be. However, you. The Currency Conversion Fee will be reflected in real time into the unrealised profit and loss of an open position. Free and fast deposit and withdrawal. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. eToro vs Plus500 - customer reviewsNon-Trading Fees – These fees are generally not directly related to the trading. 45%. Yes. You will use the WebTrader, Plus500’s proprietary platform, offering a stable trading experience and reliable access from multiple devices, including a mobile app. This fee can be charged if you do not log in to your account and actively participate in trading. At Plus500 you pay a spread over every transaction. Plus500 review Plus500 Inactivity Fees. Having said that, Plus500 charges other fees from users to make money from. 12072 respectively (which means a market spread of 0. 70% currency conversion fee and a $10 monthly fee following three months with no activity. Deposits and Withdrawals. See a side by side comparison of Vantage vs Plus500. 1 from Plus500, $16 from eToro and $14. Currency Conversion Fee - Plus500 will charge a Currency Conversion Fee for all trades. Plus500 charge an inactivity fee of 10 USD per month, which you’ll need to pay if you don’t log in to your live trading account for at least three months. The real challenge when it comes to fees is actually the hidden fees buried in its FAQ section that you need to be aware of: Minimum account fee every month for custody: €5; Inactivity fee for not logging in every six months: €100; Placing an order over the phone: €50; Adding an instrument: €200; Currency conversion fees between 0. We do not charge a fee for withdrawals to your credit or debit card. Unlike other service providers who also. Plus500 Costs and Fees. You might also like: Plus500 Minimum Deposit. Inactivity is defined as not logging into your trading account. Plus500 CFD: It only focuses on CFD products;. The inactivity fee at Plus500 is $10 per month after 3 months of inactivity, i. There are no surprises. Plus500 Fees explained, All you need to know about Plus 500 Fees and charges,. IB didn't charge the inactivity fee for the first 3 months of 2021 because we all got "new accounts" due to brexit. Because Plus500 does charge inactivity fees for Plus500 dormant accounts, you should make sure to close any Plus500 accounts you have with Plus500 that you no longer intend to use. No. Furthermore, there are fees for "guaranteed stop loss orders" (GSLO), and inactivity fees kick in after an account has no login activity for three months. Conclusion. website at. Plus500's service is on par with Webull's and a comparison of their fees shows that Plus500's fees are slightly higher than Webull's. Plus500 uses cookies to improve your browsing experience. Best Brokers in Europe – Top 7 List. 81% of retail CFD accounts lose money. FXTM's service is slightly weaker than Plus500's and a comparison of their fees shows that FXTM's fees are similar to Plus500's. 89: Micro contract commission* 0. Plus500; Inactivity Fees: $0: $15 after 12 months: $10 after 6 months: $10 after 24 months: $10 after 6 months: Deposit/Withdrawal:. The inactivity fee of $10 per month is relatively high. These are determined and levied by your payment issuer or bank, and not by Plus500. Inactivity Fees. This fee will be charged once a. Inactivity; Custodial fee; Dynamic charts & graphs; Market data & quotes; Trading Commissions. We appreciate that Plus500 does not charge for deposits and withdrawals. Visit our U. BlackBull Markets does not charge an inactivity fee. Plus500 offers marked-up spreads on both the Retail and Professional accounts and charges zero dealing commission on both accounts. November 5, 2023. 7% of the trades realised profit and loss to open Plus500 positions. Account opening takes about the same effort at Plus500 compared to Webull, deposit and withdrawal processes are much more seamless at Plus500, while customer service. No account fee. Plus500 does not charge deposit fees. No. Plus500 trading costs for major currency pairs are competitive. Inactivity Fee - A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. exchanges. This fee is to cover the risks the broker takes for keeping a trade open overnight. Our Fees & Charges Competitive, Straightforward and With No Surprises. 8 from XTB. If the client remains inactive for three months continuously, an inactivity fee of $10 is charged per month. 📈 Plus500 Inactivity Fees: Yes 💰 Plus500 Withdrawal Fees: No 💰 Plus500 Payment. Plus500 - Well-designed platform. Plus500 may not charge a commission, but there is a trade spread. Account opening takes somewhat less effort at Plus500 compared to Trading 212, deposit and withdrawal processes are about the same quality at Plus500, while customer service. In our How to withdraw from Plus500 guide breakdown and examine the pros and cons of Plus500 and their withdrawal process and options and commission requirements and account types. Their user-friendly interface suits those after a no-fuss CFD trading experience. 005 per share with a maximum fee of 0. Plus500 states that ‘most. 1. In terms of fees, Plus500 charges nothing on deposits and withdrawals. Inactivity Fee A fee of up to USD 10 per month will be. website at. The inactivity fee charged by Plus500 is considered average; it shouldn't necessarily keep you from opening an account, but take a good look at Plus500's other fees and services before you commit; and once you do, try to avoid the inactivity fee if you can. This is ideal for traders of all experience levels who are searching for a low-cost way to trade heaps of financial instruments. Account opening takes somewhat less effort at Plus500 compared to Vanguard, deposit and withdrawal processes are much more seamless at Plus500, while customer service quality is somewhat better than Vanguard's. Plus500 inactivity fees can be avoided by. Plus500 reviewPlus500: eToro: Inactivity Fee: No: Yes: Yes: Inactivity Fee: $0: $10 per month after three months inactivity: $10 per month after 1-year inactivity: Why are DEGIRO fees so low? Online brokers such as DEGIRO have revolutionised the retail investment industry. Withdrawal Fee €0; Connectivity fee €0;. 7% in currency conversion fees and a monthly inactivity fee of $10. This. Account opening takes somewhat more effort at Hargreaves Lansdown compared to Plus500, deposit and withdrawal processes are more. Inactivity means that you don't log in to your account. Long-term and low-frequency traders do not have to place trades,. Plus500 does not provide CFD services to residents of the United States. Currency Conversion Fee - Plus500 will charge a Currency Conversion Fee for all trades. 200+ 1000+ Forex. Plus500 - Well-designed platform. Plus500 Invest: Where you can trade stocks (real shares); As a side note, Trade Sniper, a platform only available for US users and where you can trade Futures, is also part of the Plus500 group. No clearing fee, no platform fee, no inactivity fees, and free live market data. Inactivity fee: If you do not log into your account in a consecutive three months period, a recurrent $10 monthly fee will be applied. You might also like: Plus500 Account Types. Fees: Inactivity fee and overnight fee, withdrawal fee, cryptocurrency fees, conversion fee, wallet fee (See details in our eToro Review)You may be charged a fee by your payment processor. The spread is the difference between the buy and sell price. 7% if you trade in a currency other than your base currency. Currency Conversion Fee - Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. There are no transaction or termination fees, but traders holding an overnight position pay financing fees. Plus500 Fees, Spreads, and Commissions .