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Thompson
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When are Are 'per trade' fees charged, on every order or just once per stock?

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Thompson
  • 75
  • 1
  • 1
  • 4

When are 'per trade' fees charged, on every order or just once per stock?

As someone relatively new to stocks, I understand that stock brokers charge commissions: usually either per share or per trade.

In general, are commissions taken every time you place any order (selling or buying) or will the fee be deducted just once?

It would be helpful to know if you will be hit by two commission charges when buying and selling a single stock.