Skip to content
← Academy

How markets work · CHAPTER 7 OF 7

~5 min read ·

Fees and slippage

Between a decision and a result stand the costs. There are three and each bites differently: the spread (the gap between buying and selling price), the fee (exchange and broker) and slippage — the difference between the price the strategy assumed and the price the order actually filled at.

Together they are the difference between a strategy that earns on paper and an account that slowly dries up in practice.

The rest is free — you just need to sign in

Course progress belongs to your account, not to your browser — a half-read chapter waits for you on the laptop and on the phone alike. Without an account nothing is saved.

Join the waiting list a code by e-mail · no password

The first chapter of every course is public. Chapters 2+ and the quizzes need a sign-in — still free.

Underlined terms lead to their glossary entry — a definition, an explanation and what the term means in KVERX. More in the glossary →

The academy is written and maintained by Caroline Technologies, the company behind KVERX. What it says about KVERX follows the product’s own rules — see How it works. Nothing here is investment advice: Risk warning.