Traderpedia

Churning

Definition:
When a broker processes excessive trades, regardless of the clients best interest, in an attempt to maximize commissions.

This practice is illegal as defined by the NASD Rules of Fair Practice.

New To Site?	Need Help?
Trading FAQ Site Guidelines Find Traders in your Area Meet the T2W Team About T2W	Website FAQ Report Bugs/Request Features Did you forget your password? Mark Forums Read Contact Us

Special Offers for T2W Members*
ChoiceTrade 30 Free Trades in 30 Days	Galvan Free Special Report	optionsXpress Low Rates from $1.50/contract
* Offers open to new clients only. ** Just enter promotional code T2W100 when opening an account. T&Cs Apply.

All times are GMT -4. The time now is 7:59pm.