Kinda dumb stock market trade fee question

[TJ82]

If you have a trading account that offers a discount if you make say 20 trades a month, does that mean 20 buys, or could it be 10 buys and 10 sells?

Just couldn't find the answer to this and the provider I've started using is super busy, but I need the answer to work out some things. I'm assuming it's 20 buys, but need to know for sure.

Hargreaves Lansdown for example is 11.95 per trade, but only. 5.95 per trade if you make 20 trades in the previous month.

 

[Doctor Q]

I'm pretty sure that the trade count refers to both buying and selling, i.e., each transaction, based on a market order, will count as one trade.

If you use contingent orders, like limit buy orders, sell stop orders, and buy stop orders, then they probably count the number of resulting transactions, so one order could result in zero, one, or more than one trade.

 

[TJ82]

I'm pretty sure that the trade count refers to both buying and selling, i.e., each transaction, based on a market order, will count as one trade.

If you use contingent orders, like limit buy orders, sell stop orders, and buy stop orders, then they probably count the number of resulting transactions, so one order could result in zero, one, or more than one trade.

Thanks, that would be great!

 

[Doctor Q]

It would still be wise to submit your question to the provider, so you'll eventually get a confirmed answer. And make sure that you know what period constitutes a month, in case it's based on when you open the account or start trading, versus a calendar month.