Is there a way to buy stock without paying a per purchase fee or a % of my profits?

Is there a way to buy stock without paying a per purchase fee or a % of my profits?

  • Postwritten by Jopa
  • on September 15, 2009
and without living near wall street
  • Postreplied by TheOldGuy
  • on September 17, 2009
Even if you lived on or worked on Wall Street, you will have to pay a fee/commission (unless you're buying from a B /Ds inventory account).

For the most part if you're buying/selling securities traded on major exchanges, you will pay a fee/commission.

It's illegal for a B/D to share in the profits of a customer.

I worked on Wall Street for 40+ years, unless I did trades directly on the floor, I paid a commission/fee

Source(s):
from the industry