So I just received an email from Stake, my current broker. Its saying they are going to increase the fee to $3 per trade up to 30k?? I got suckered in before by the slick marketing but I found out that I'm paying0.5% each time I convert my currency to buy US stocks.
Kevvinn : I can't keep up with all these fee increases, it's ridiculous.
obsidianstar : It's understandable to be angry about the fee increase, but it's important to evaluate the overall value of the services provided by the broker.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Adelaidee : Stake should hire Philip Lowe as their spokesperson! Birds of the same feather bah
Ahh_gee_Joey : I share your frustration with the fee increase, but it's important to remember that brokers need to cover their costs.
Bonnyyy : It's always frustrating to see fees go up, but it's important to remember that investing requires a long-term prospective.
4Gc2ZDvPle : I sympathize with your frustration, but fees are a part of the cost of doing business.
mrminivee : Brokers should provide a breakdown of where these fees are going.
drfrogsplat : Investors deserve better than being hit with unexpected fees.
The Chaser : I'm considering switching brokers if this fee increase isn't addressed.
CyberMongrel : It's time for brokers to prioritize their clients' interests over their own profits.
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