Investing term
What is Platform fee?
A recurring monthly or quarterly fee some brokers charge just for holding an account.
A platform fee is a recurring charge — monthly, quarterly, or a percentage of assets — that some brokers levy simply for holding your account, separate from any trading costs. On a long-term portfolio it compounds quietly into a meaningful drag. It's worth checking for, since plenty of brokers charge none at all for ordinary investing.
For example
A 0.45% annual platform fee on a $50,000 portfolio costs $225 every year, regardless of whether you trade — a steady leak to watch for.
Platform fee is taught hands-on in Stage 7 — Brokers, Accounts & Getting Started.
See the lesson →