Current：Home > MyThe price of free stock trading -Ascend Wealth Education
The price of free stock trading
View
Date：2025-04-27 17:32:46
With a click of a button, anyone can become an amateur stock trader. This is all thanks to companies like Robinhood, E-Trade, and Charles Schwab, which allow everyday people to buy and sell stocks for free. But how are these companies making money?
The magical ingredient is a practice called payment for order flow. However, this practice has garnered significant controversy, to the point where the SEC (U.S. Securities & Exchange Commission) wants to crack down on it. Today on the show, we break down the players in the stock trade to explain why.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
veryGood！ (399)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- CIA publicly acknowledges 1953 coup it backed in Iran was undemocratic as it revisits ‘Argo’ rescue
- Beavers reintroduced to west London for first time in 400 years to improve biodiversity
- Grand National to reduce number of horses to 34 and soften fences in bid to make famous race safer
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Penguins' Sidney Crosby, Evgeni Malkin, Kris Letang set record for longevity as teammates
- Strike talks break off between Hollywood actors and studios
- Branson’s Virgin wins a lawsuit against a Florida train firm that said it was a tarnished brand
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Who witnessed Tupac Shakur’s 1996 killing in Las Vegas? Here’s what we know
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Wall Street wore Birkenstocks as the sandal-maker debuted on the Stock Exchange
- Taylor Swift Reacts to Beyoncé's Fairytale Appearance at Star-Studded Eras Tour Film Premiere
- Music festival survivor details escape from Hamas: 'They hunted us for hours'
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- U.S. confirms 22 Americans dead as families reveal details of Hamas attacks in Israel
- Norway activists press on with their protest against wind farm on land used by herders
- After a hard fight to clear militants, Israeli soldiers find a scene of destruction, slain children
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Jeannie Mai Shares Message About Healing After Jeezy Divorce Filing
The case of a Memphis man charged with trying to enter a Jewish school with a gun is moving forward
IMF and World Bank are urged to boost funding for African nations facing conflict and climate change
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Last Call: The Best October Prime Day 2023 Deals to Shop While You Still Can
Nets coach Vaughn says team from Israel wants to play exhibition game Thursday despite war at home
Norway activists press on with their protest against wind farm on land used by herders