How is the brokerage fee deducted for my Automate orders?
With Pearler you have an AUD Cash reserved for your manual investments, as well as a separate cash account for each Automate setup.
Brokerage fees are deducted from the cash balance of the Automate setup that has been triggered (unless brokerage credits are available).
An example of how the brokerage fee is deducted:
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Automate cash balance: $100
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Brokerage fee: $6.50
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Amount invested: $84.02
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Remaining cash after the investment: $9.48
The remaining cash will be returned back to the Automate cash balance for the next round of order/s.
Please send us a live chat message or email us at help@pearler.com if you have more questions :)
Charlotte Gray
6 January 2021