3 ms·
its the cost of investing, if that money is trouble for you then you shouldnt invest/trade anyway
by kwere 5y ago
its the cost of investing, if that money is trouble for you then you shouldnt invest/trade anyway
- qeternity 5y agoNo, it’s not, as PFOF has proven.
- gruez 5y agoNot sure about you, but given the choice between "$5/trade but it's the best price" and "free trades you might be losing a fraction of a cent per share", I'd take the latter.
- jfengel 5y agoGiven that trades are often in the thousands of shares, they sound like they're about on par to me. The main difference sounds psychological: "free" trades (with an asterisk) sound like they're designed to encourage people to trade quickly and without much thought. Which can be expensive come tax time, and doesn't encourage the kind of informed feedback that is supposed to keep markets honest.