Charles Schwab started offering free trades because their competitors all started offering free trades. There was a "fee war" a year or two ago where each broke

Charles Schwab started offering free trades because their competitors all started offering free trades. There was a "fee war" a year or two ago where each brokerage lowered their fees in response to others lowering theirs. https://apnews.com/article/534da63064b54ccdbcbb68434677ff54 https://apnews.com/article/534da63064b54ccdbcbb68434677ff54