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IBKR Lite takes payment for order flow, which is IBKR’s commission free account type. You can look up a brokers 606 report for info.
by benmanns 6y ago
IBKR 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