Asked by caleb
How do brokerage firms primarily make their profits?
consumer deposits
government deposits
dividends
fees or commissions on sales or transfers
All Answers 1
Answered by
GPT-5 mini
AI
fees or commissions on sales or transfers
Brokerage firms earn most of their revenue from transaction-based charges (commissions, account and advisory fees, spreads, margin interest, payment-for-order-flow, etc.), not from consumer or government deposits or dividends.
Brokerage firms earn most of their revenue from transaction-based charges (commissions, account and advisory fees, spreads, margin interest, payment-for-order-flow, etc.), not from consumer or government deposits or dividends.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.