How I Negotiated a 17% Reduction in My Trading Commissions

In this podcast we'll talk about trading commissions and broker fees. Specifically, people always ask me about commissions and why it’s becoming more and more important to negotiate great rates.

Kirk Du Plessis

Feb 17, 2015

I'm here to help you save money by getting your trading commissions reduced. And I give nearly the same answer to everyone each time they ask but there's a special twist on how I did it and why it dropped my rate by 17%. Ready to reduce your commission costs?

Let's go then!

In Today's Show, You'll Learn About:

Difference between per contract fees vs per trade fees.
Why I contact my broker each year around the same time to negotiate the commission rate.
Brokers know it’s 100% cheaper to keep a current customer than to find a new one to replace you.
The 1 stupid question I asked (that nobody ever does).
Why the key is NOT the question you ask, it’s how you preface it.
The importance of doing your fee homework and using specific numbers.
How I quickly rejected the first offer they gave me and got an even lower rate.