4 ms·

Same exact situation here. Because I put in lots of relatively small dollar value trades $10 transaction fees at TD Ameritrade would eat all my profits pretty q

Same exact situation here. Because I put in lots of relatively small dollar value trades $10 transaction fees at TD Ameritrade would eat all my profits pretty quickly.

The_Hoff 10y ago
Still a lot, but TD dropped their fee to $6.95 https://www.tdameritrade.com/pricing.page https://www.tdameritrade.com/pricing.page
- auganov 10y ago
  And Fidelity is at $4.95 which is the lowest for big brokerages I think https://www.fidelity.com/why-fidelity/pricing-fees https://www.fidelity.com/why-fidelity/pricing-fees
  - spelunker 10y ago
    Schwab dropped to the same. If anything Robinhood has benefitted everyone because it's pricing model has pressured other brokerages to lower fees.
    - ceejayoz 9y ago
      Don't give Robinhood the credit - fees have been dropping for decades. http://www.businessinsider.com/historical-trading-commissions-2014-3 http://www.businessinsider.com/historical-trading-commission...