What is the rate of the penalty that online stock brokers usually impose for selling stock before 90 days ?
After it was purchased.
Public Comments
1. There is no such rule
2. There's no such rule in the US. If you're asking about another country you need to say so.
3. The " short-term trading fee" that you mention refers to " mutual funds" not individual stocks.... sometimes it's a flat fee, sometimes it's a 1.5 % fee.... also some funds have shorter " short term time periods, and some are as long as 180 days. Always check that when buying.