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English edition · Cashback & copytrading
RendR
The Journal
THE RENDR JOURNAL

The Journal

What the fees don’t tell you


Fees

The spread: the fee you pay without ever seeing it

The moment you open a position, it is already slightly negative. That is not a bug. It is the spread, a cost built into the price that never shows up as a line on your statement.

The telegraph tape at the restaurant: “moments hot and anxious”, Wall Street, 1873. Frank Leslie’s · Library of Congress · public domain
The telegraph tape at the restaurant: “moments hot and anxious”, Wall Street, 1873. Frank Leslie’s · Library of Congress · public domain
BY The RendR desk

Open any trading platform and every instrument shows two prices. The first, the bid, is what you can sell at. The second, the ask, is what you can buy at. The gap between them has a name every trader knows and almost nobody puts a number on: the spread.Read on


Fees


Cashback & copytrading for traders

Your lots are going out anyway. They might as well pay you.

A share of what your broker earns on your orders is paid back to you, lot by lot. And our strategies run on your own account, if you want them to.