Question

Brokerage firms make their profits primarily in which of the following ways

Answer 1

Brokerage firms make their profits primarily make their profits from:
Charging brokerage fees and commissions to their clients.
Charging interest on idle accounts.
Charging interest on cash lent margin accounts.
Payment for order flow.
They charge fees for order flowing.

Answer 2

Answer:

D) Fees or commissions on sales or transfers

Explanation:

CORRECT VIA EDMENTUM 2022