My biggest fear right now for traders is that $Hood goes Belly up or taken over and the crooked stock market starts charging commissions again.
That would be a big setback for the revolution.
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I think otherwise, more brokers will offer no fees to get more retail traders to dump money in the market ☺️ so crooked industry can take it.
I believe they make much more money from leverage than commissions!
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It’s about 10k a year for me to trade on TOS. I dislike it but them fills are lighting
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I love the TOS platform and don’t even mind paying the fees, but those margin rates are way higher than some competitors. I still use TOS for almost all trading, but have an IBKR account as well if I ever want to take on some leverage.
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