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What? Fees are 0.1%. that's nothing compared to fees for regular stocks exchanges.

I'm perfectly fine paying 10 cents for every $100 I trade.




What are the fees for regular stock exchanges?


Roughly similar: http://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2

But GDAX is a vertically integrated exchange and retail trading platform, so the 0.1% taker fee is all you pay. A stock exchange won't talk to you directly so you must pay additional broker/clearing/bank fees.

Real all-in fees for stock can be 2 USD to trade 2k USD, so 0.1%, same as GDAX. But you can also find fees of 10 USD to trade 100k USD and many other rate examples which are either higher or lower.

I think a lot of people don't notice the huge difference between a traditional exchange (which does not handle money, only agreements about money) and GDAX (vertically integrated exchange + clearing house + trading application).




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