Okay so I’m a beginner when it comes to stocks and as I don’t invest much, £10-20 here and there, I use the app BUX as it has super low buy and close fees. BUX also however doesn’t have a spread so I started thinking ‘how on earth are they making money?’ Idk exactly how traders work but surely they have a lot of fees and that they had to pay for facilitating the transactions of the people who use there app. And other traders charge like £5 to open and then close the trade. How can BUX charge so much less?
Submitted June 04, 2018 at 04:36AM by kieyard https://ift.tt/2sEL3Yu
No comments:
Post a Comment