Scottrade Question about Stop-loss?
If I set a stop-loss order, do I get charged $7 just to setting it, or do I only get charged if the stock gets sold (due to the stop-loss)?
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If I set a stop-loss order, do I get charged $7 just to setting it, or do I only get charged if the stock gets sold (due to the stop-loss)?
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Verified answer
Commissions are only generated when a trade is executed.
No trade/no fees. period.