Brokerage fees are charges that investors pay to a brokerage firm for executing trades on their behalf. These fees can vary based on the type of service provided, such as buying or selling stocks, bonds, or other securities. Some brokerages may charge a flat fee per trade, while others might take a percentage of the transaction amount. In addition to trade execution fees, brokerage fees can also include account maintenance fees, inactivity fees, and commissions for financial advice. Understanding these costs is essential for investors, as they can impact overall investment returns and influence the choice of a brokerage firm.