₦airaland Forum

When is the next Auction Please?

Getikebusy: how much is the broker charging you?

I jst started using cashcraft on their website their charges for buying is

Buy Charges

SEC Fee 0.30%
Commission 1.35%
Stamp Duty 0.075%
CSCS Trade Alert 0.06%

TOTAL 1.785%

PurchaseDate Symbol Units Unit Price Actual Cost Fees Bonus
22-May-2013 ETERNA 1,200 3.99 5,019.00 230.97 No
13-May-2013 OANDO 1,000 15.52 15,808.00 287.97 No
13-May-2013 FBNH 1,500 19.08 29,151.00 531.04 No

and that is my transaction with them for now...The day they bought FBNH the price on their list was 18.98 and they bought it for 19.08..oando was 15.50 and it was bought 15.52...on the day they bought Eterna it was 3.90 and for me it was 3.99.

1.785 0f eterna cost is 89.589...
1.785 of Oando cost is 282.173...
1.785 of FBNH cost is 520.345...

pls house is there any explanation for this...?
I jst started trying them out to see if i can do more serious business with them and this is what I discovered....

What my broker is chargin me as percentage is more than what dey normally take what do i do pls...?