OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Mr Copper “Schwab doesn’t charge commissions on trades”. Well, not that you can “see”!

Posted by silverngold @ 13:13 on September 9, 2020  

My guess is they front run every trade. They’re the middleman on every trade, raking off a few $$ on every share traded. Probably much more profitable and it’s out of sight and makes you feel good you get to trade for nothing. LOL!!! Also if you have a margin account, they sell your shares to the big shorts to use against your long positions which helps to nullify your longs and control the sector. All the brokers have gone from ridiculously high commissions to ridiculously low or no commissions over the last 10 years. IMO it is not philanthropy on their part but they have been taught how to front run the system at the investors expense and has encouraged everyone to become a day or swing trader. FWIW!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.