A brokerage fee is a charge imposed by a broker or brokerage firm for facilitating services such as executing trades or providing research and trading platforms.
In customs and logistics, a customs brokerage fee refers to the cost charged by a customs broker for handling documentation related to imports and exports. This fee also covers services that ensure regulatory compliance throughout the customs clearance process.
Generally, brokerage fees vary depending on the type of service, the complexity of the transaction, and the industry. Understanding brokerage fees is crucial for both investors and importers, as they directly affect the overall cost and profitability of trades or shipments.
