Monitoring Commission Fees is essential for accurate financial planning. High commissions can eat into profits, making it critical to keep these fees as low as possible. By regularly reviewing commission rates, traders can optimize their broker choices, trading frequencies, and position sizes. Effective management of commission fees supports better cost control, enabling traders to focus on maximizing returns and minimizing expenses. Ultimately, tracking and reducing commission fees enhances long-term portfolio performance. Compare commission structures across brokers.