Question

The spread is the difference between the bid and ask prices difference between the purchase and sale prices commission charged by the broker difference between the commissions charged by full:________

Answer 1

The difference between the commissions charged by Full service brokers , Discount brokers and Online brokers are is about 60% higher for Full service Brokers

Step-by-step explanation:

The difference between the commissions charged by Full service brokers , Discount brokers and Online brokers are is about 60% higher for Full service Brokers

Full service brokers perform a lot of services like providing investment advice and analyzing the market on behalf of the investor therefore commissions charged by full service broker is usually higher