Effective Monday, PPX trades will be subject to a one percent commission. So, for example, if you purchase 10 shares of a given stock at POP$50 per share, a POP$5 commission charge will be deducted from your account.
Why would we charge for each trade, you might ask? Commissions are an important part of any market, especially those operating with play-money currencies. A small commission prevents abuses of the market system and makes every trade much more valuable in providing accurate probability information on the proposition at hand.
Serious traders need not fear, thoughâwe'll regularly be offering special "commission-free" trading days. Watch the calendar to make sure you donât miss them. Happy trading!