3 ms·Where do brokerage firms that don’t charge for trades or membership make their money from then?by suifbwish 6y agoWhere do brokerage firms that don’t charge for trades or membership make their money from then?ghaff 6y agoInterest on cash/float/loans, management fees on their own funds, "skim" off trades, other fees of various kinds, etc.duemti 6y agoit is a red flag indeed. They route orders to market makers that profit from arbitrage (not exchanges), and other shady stuff.