Transaction Fee - Pfizer

Can I please ask what that the transaction fee represents?

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@cezar There are two regulatory transaction fees when selling US securities.

  1. Securities and Exchange Commission (SEC) fee: 20.70 per million-dollar sales. You can calculate your SEC fees by multiplying the estimated value in by $0.0000207.
  2. FINRA TAF fees:
    $0.000119 per share with a minimum charge of $0.01 & a maximum charge of $5.95 - always rounded up to the nearest penny.

Thanks for explaining @David

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could you include the sec next to transaction fee becuase on its own it just looks like trading 212 is charging the fee because you do show the FINRA fee


+1 from me. increases transparency of fees and prevents your competition from using screenshots like these to present it in an unintentional way that damages your rep.

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I didnโ€™t pay any fees when buying Pfizer stock. Could that be because itโ€™s in an ISA?

@Kennybobs The fee only applies when selling, not when buying.

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Oh I didnโ€™t know that. Thanks. Iโ€™ve learned something!