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Fee's For Stop Loss / Trailing Stop
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Fee's For Stop Loss / Trailing Stop

  #1 (permalink)
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Fee's For Stop Loss / Trailing Stop

Hello,

I am new to trading and have been watching videos and reading for a few weeks now. But I was wondering if on-line brokers charge you fees to change your stop loss or trailing stop? Like I said I am green as green can be when it comes to the market.

Lots of great information and thanks to all for helping newbies.

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  #3 (permalink)
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rkersh409 View Post
Hello,

I am new to trading and have been watching videos and reading for a few weeks now. But I was wondering if on-line brokers charge you fees to change your stop loss or trailing stop? Like I said I am green as green can be when it comes to the market.

Lots of great information and thanks to all for helping newbies.

Trailing stops are typically handled by your platform.

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  #4 (permalink)
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If you are trading on US based exchanges (equities/futures) you should not be charged for changing orders (modifying stop losses).

You should always check with your broker, obviously in some situations like if you place a phone call to change an order, they may charge you for that.

Mike

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