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All the other retail brokers except interactive brokers also take payment for order flow
by logicslave 6y ago
All the other retail brokers except interactive brokers also take payment for order flow
- benmanns 6y agoIBKR Lite takes payment for order flow, which is IBKR’s commission free account type. You can look up a brokers 606 report for info.
- logicslave 6y agoWhats funny though is options trading on robinhood is "free". I've tested robinhoods execution versus charles schwabb, theres really not much difference. Schwabb charges .65 cents a contract, if you make a 50k options trade, it could be hundreds to open and close. Robinhood is giving these brokerages a run for their money