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All the discount brokers will go back to charging $5 trade. Will be a big loss for retail investors.
by adrr 4y ago
All the discount brokers will go back to charging $5 trade. Will be a big loss for retail investors.
- umeshunni 4y ago> Will be a big loss for retail investors You mean it will be a big loss for retail traders
- adrr 4y agoIf you’re investing monthly or dollar cost averaging into a position. Those $5 per trade add up.
- francoisdevlin 4y agoCareful, you might turn into a Boggle-head if you follow that logic too far...
- dehrmann 4y agoFidelity doesn't get paid for order flow, and it has $0 trades.
- adrr 4y agoFidelity sells access to their dark pool which is default execution for orders at their brokerage. They make money off their order flow just like RH. https://www.tradersmagazine.com/departments/brokerage/fidelity-launches-block-trading-dark-pool/ https://www.tradersmagazine.com/departments/brokerage/fideli...