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Hidden Fees Your Online Broker Won't Tell You About |
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Hidden Fee #4 – Fees for Paper Statements and Confirmations
If you're comfortable with online trading, chances are, you're comfortable with online confirmations and statements.
But what if your Internet service is down, or your email software mistakes your stock confirmation for spam and bounces it?
At firms like TD Ameritrade, Scottrade and TradeKing, you'll have to pay for the peace of mind of getting paper statements and confirmations.
Each paper statement or confirmation mailed will set you back between $1 and $2.50 at these firms.
How does your online broker stack up? Find out here.




