Charles Schwab Commission Free

Look’s like they’re onto something :wink:

With commission free trading removing cost as a decision factor, a users choice of broker will now come down to the features and experience they offer. Seems like Charles Schwab have found a nice entry point with fractional shares over Robinhood’s model which doesn’t offer fractional.

What are you looking for in a commission free broker if fee’s are totally removed from the equation?

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Preview isn’t working for me right now, coverage on ”Charles Schwab is nearing a deal to buy TD Ameritrade, a deal that could reshape a beleaguered online brokerage industry”

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How interesting, that’ll be a sizeable takeover! I wonder if they have plans to venture outside the US market at any point. Perhaps they’ll be watching closely on how Robinhood is received in the UK early next year.

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Rumoured to be $26 billion, both stocks are up today.

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TD up over 17% for the day. Nice earner there for those that were invested!

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Charles Schwab looks like it’s had a great run since it announced zero commission trading. Look at them from around October 1st.

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It’s about time in the US market! The commissions were only a small fraction of their earnings anyway.

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