>Because I think the point the naysayers are making is that $0 transaction fees are not actually a benefit. I don't know what kind of data you are looking for

>Because I think the point the naysayers are making is that $0 transaction fees are not actually a benefit. I don't know what kind of data you are looking for in support of my point, but I think it is a net positive for a person when they get something for free instead of paying for it if the experience becomes unchanged otherwise. I traded using platforms that required fees before RH, and those small transaction fees add up and make certain trading strategies straight up unviable, unless the amounts you trade are giant. For a small retail trader like me, it certainly has saved me a ton of money over time and allowed me to execute on trading strategies I simply couldn't before. So, basically, the lack of transaction fees just opens up more opportunities for more people, without taking away anything from the rest. I count that as a net win.