In the modern investment market, commissions are the fees that investors need to pay when they make transactions. Different brokers and channels offer different commission rates. Generally speaking, the commission rate is relatively high when searching for the brokerage app through the Internet channel and opening an account independently, generally around 2.5/10,000 or 3/10,000.
However, by opening an account with a specific broker or sales office, investors can enjoy a lower level.
The commission rate of the 100 Families Assistance Program. The commission rate for these specific channels is usually lower than that of ordinary Internet channels, with commissions around 1/10,000 and commissions around 0.5/10,000. In addition, some brokerages also offer a waiver of the $5 minimum commission limit.
When choosing an account opening channel, investors need to consider factors such as the service quality of the brokerage and the investment environment in addition to the commission rate. The business departments of large securities companies are all over the country, which is convenient for investors to handle various businesses.
The difference in commissions between different brokers is due to internal competition and market strategies. In order to improve performance and competitiveness, some brokers' sales departments or brokers will offer lower commissions to attract investors to open accounts.
It should be noted that although these ultra-low commission account openings are legal, investors need to register and settle in China after opening an account. In addition, investors also need to pay attention to the relevant regulations and do not trade through illegal channels or obtain improper benefits.
In short, investors should consider a variety of factors when choosing an account opening channel, including commission rate, service quality, investment environment, etc. At the same time, it is necessary to comply with relevant regulations to ensure that their trading behavior is legal and compliant.
The following is a reference rate, if you have a friend who needs help, you can contact me for advice.