Question

Explain the factors that affect the costs of trading

Answer 1

Factors that affect the costs of trading are:

i)The Market Place:The market place determines the cost of trading.The cost of trading varied with different market place where you trade.

ii)Demand and Supply in the market affect the cost of trading.

iii)Economy:Fluctuations in the economy feature what are commonly known as booms and depressions affect the cost of trading.

iv)Plotical climate:Political factors that range from relations with other nations to government policies can affect cost of trading.