Brokerage fees
When making a transaction, the participant must pay the brokerage fee.
Regardless of the overall value of the transaction, the brokerage fees applicable to the
transactions carried out in the Bourstad simulations are fixed at 15 CAD (15 Canadian $) per
transaction. However, there are no brokerage fees for transactions on these types of
securities:
- currencies
- money market funds exchange traded funds
- actively managed investment funds
When planning a buy order, the participant must add the amount of brokerage fees to the gross amount of the transaction. An identical amount must be deducted in the case of a sale.