ost costs

[#1]

you pay brokeage fee for each trade done in a day (no discount in additional trades) and also a monthly fee. collectively these fees are eating up all my divident pay outs. I applaude standard bank for reducing the monthly fees in the current financial year, I am hoping that further reduction will be made next year.

[ABuzz]

You will pay 1 brokerage for each different share purchased/sold. Even if there are a couple of transactions for 1 particular share in a day, they lump them together and you pay 1 brokerage fee per share traded. Make 3 or more trades per month and you don't pay the monthly fee.

[Preston]

And if you really lucky, then you pay Madbob ,10% on all dividend recieved or accued.

[hobo]

I had an offer in for 750 CZA shares @ 1400. They bought me only 3 shares to a value of R42.00 & I paid R70 +vat brokerage.....

[DCTrader]

That's the risk you take when you bidding well below the current market price...

[hobo]

Wasn't actually much below market...

[Maggie]

Hobo LOL...I just lost R42,000 this week....I would gladly exchange your loss for mine......

[asylum]

yep been there not a nice feeling, but now i dont make a move without a stop loss of some sort.