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The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

Trade confirmation

After a broker completes a purchase or sale, the client receives a trade confirmation. This record normally shows the asset, quantity, execution price, transaction date, settlement details, and any commission or fees. It may also state whether the broker acted as an agent for the client or as the other side of the trade. The confirmation is not simply a receipt to be ignored. It should be checked against the original instruction. A wrong quantity, unexpected fee, or unfamiliar trade should be reported promptly. Account statements show the wider portfolio, while confirmations provide the details of individual transactions.

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