When will we have commission free online stock trading?
I want to know about when we will have commission free online stock trading that has no extra fees, just losing money if you pick a bad stock and gaining money if you pick a good stock.
Comments
Never. There is cost involved in processing a buy or sell order. Plus record keeping
Let me know if you find a way to trade stocks free online.
Who on planet earth would put millions of $$$$$$ into setting up the trading network and maintain the legally required books
For NOTHING ?
Sorry , No one on the planet is that stupid . . .
So , like , NEVER !
>
When you have a brokerage firm that no longer wants to make any money
we already do ill just need ny magic robes and hat.
We can have stock broker in the future offering this kind of service. This can be used as a very brilliant marketing startegy. I appreciate your Idea. Many forex brokers do offer 0 pip spread. Internet makers and webmasters know all the tricks to squeeze the money out of us offering free prodcuts. Like Mozilla firefox is a free web browser service but still they make a billions of dollars. Similarly youtube, facebook etc.
BAC was offering it. I don’t know if they still are. There are a couple of strings attached. You have to deposit $25,000 into a CD or another account to qualify. There is another company that was offering free trades. I forget the name of it–Zecco? Something like that.
May 31st, 2010 at 10:17 am
Sure, I’ll give you commission free trading.
I’ll be the market maker.
You be the trader.
Watch the spreads open like the Grand Canon.
Trade all you want for free.
Bid $14.50 Ask $32.00
Ok enter your market order.
Limit order won’t get filled.
Get the idea?