Zero trading costs are here to stay.

Posted on by Milan Somborac

The zero commission movement on stock trading is growing. Zero trading costs are here to stay.

Recently, TD Ameritrade (AMTD),  Charles Schwab (SCHW), E*TRADE (ETFC) and Ally Invest (ALLY) have eliminated trading fees on equities and exchange-traded funds (ETFs). All have significantly reduced commissions on option trades. The largest online brokerage, Fidelity Investments just joined them.

Three questions arise:

  1. How do stockbrokers make money with zero commissions on trades?
  2. Has your broker joined this group?
  3. How will zero commissions affect your investing?
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Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me

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