Question

Brokerage firms make their profits primarily in which of the following ways? A) Consumer deposits. B) Government deposits. C) Dividends. D) Fees or commissions on sales or transfers

Answer 1

D) Fees or commissions on sales or transfers

Answer 2

Brokerage firms make their profits primarily in : D. Fees commissions on sales or transfers

to put it simply, A brokerage firm is a financial institution that facilitates the selling process of stock/securities between the buyer and the seller. From each transaction that happen, a brokerage firm will receive a commission from its client.

hope this helps