First steps

Why can ninety nine do it without charging commissions and the rest of financial institutions can’t?

The big difference between a traditional financial institution and ninety nine is that we can eliminate commissions by having our operations totally automated.

That is to say that, our day-to-day brokerage activity isn’t handled by people, although it is supervised by people, which allows us to bring our clients’ orders directly to market and drastically reduce our costs.

Without having to cover these personnel expenses, we can eliminate the commissions that in another company, would have gone to paying “brokers” we don’t need.

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