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I think it's pretty clear in the industry what commission means when it comes to trading stocks. It's on top of the spread. Go to any other broker and they have
by what_ever 9y ago
I think it's pretty clear in the industry what commission means when it comes to trading stocks. It's on top of the spread. Go to any other broker and they have the same spread. It's not going to be much better at brokers for individual investors like us. And if you are worried about getting worse spread, use limit orders.
- whoisit_itsme 9y ago"Go to any other broker and they have the same spread." Wrong. This is precisely how they operate their business model: they receive payment for the order flow, and don't compete with traditional brokers on execution price for marketable orders. I suggest you look at the public 605 reports for execution quality statistics. "And if you are worried about getting worse spread, use limit orders." This has nothing to do with it really.