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Always watch the spread between the bid and the ask. 

At the end of the day commission-free trading is costly. I've always said this since day one. 

It was good to see the top-ranked brokerage is also the one I have only used for 25 years.... for my equity trading is Ameritrade


RESEARCH PAPER IS HERE https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4189239 


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New study shows no-fee trading may be costing investors $34 billion

Christopher Schwarz, finance professor at the University of California, Irvine, joins CNBC's 'Squawk Box' to discuss his new study that shows no-fee trading may be costing investors billions. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC #CNBCTV

Comments

Anonymous

I’m not a day trader. More like an accumulator but will scalp every now and then but rare. What are ur thoughts on Schwab?

Anonymous

Yes, does this account for people just buying and holding for a few years? I am definitely not a trader haha.