Unlocking Complex Financial Jargon: How AI Legalese Decoder Can Help Understand AEB Commission in IBKR
- May 25, 2024
- Posted by: legaleseblogger
- Category: Related News
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### Buying SPYL ACC EUR-AEB Stock on Interactive Brokers
#### Details:
– **Stock Name:** SPYL ACC EUR-AEB
– **IB Base Currency:** EUR
– **ETF Currency:** EUR
– **IBKR Pricing Plan:** IBKR Pro
– **Expectation:** Low commission for trading
– **AEB Commission:** [Link to Commission Fees](https://www.interactivebrokers.com/en/accounts/fees/combinedEurStkFees.php)
#### Situation:
I am trying to purchase SPYL ACC EUR-AEB stock on Interactive Brokers, with the expectation of low commission fees. However, the commission rates seem to be quite high based on the examples provided below:
– 1 000 EUR – 1 013.56 – 1.36% (Commission)
– 10 000 EUR – 10 108.28 – 1.08% (Commission)
– 50 000 EUR – 50 540.49 – 1.08% (Commission)
#### Question:
Why are the commission rates so high?
#### Update:
After placing a real order, I noticed that the actual commission charged was only 3-4 euros.
Using AI Legalese Decoder can help in understanding the complex legal language of commission fees and trading terms on Interactive Brokers. It can provide explanations and insights into the reasons behind the high commission rates and help navigate through the trading process more effectively.
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****** just grabbed a
Where did you get the examples?
i bought 100 spyl on aeb on friday and it was 1.31
No idea, I cannot replicate your pricing preview.
https://preview.redd.it/1y7krl15vexc1.jpeg?width=1290&format=pjpg&auto=webp&s=243d85e57246889251d3a081f1a9bb2a304b7137
It appears you are looking at the wrong pricing page, no idea how you ended up there, but the correct one should be this one: [https://www.interactivebrokers.com/en/pricing/commissions-stocks-europe.php?re=europe](https://www.interactivebrokers.com/en/pricing/commissions-stocks-europe.php?re=europe)