Brokerage firms make their profits primarily in which of the following ways

Question

Braxton Pratt

Social Studies

13 March, 23:59

Brokerage firms make their profits primarily in which of the following ways

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Hill · Answer 1

Brokerage firms make their profits primarily make their profits from:

Charging brokerage fees and commissions to their clients.

Charging interest on idle accounts.

Charging interest on cash lent margin accounts.

Payment for order flow.

They charge fees for order flowing.