When brokers battle, consumers win. That’s the takeaway from a war that began in February, which saw online firms dropping their commissions in quick succession. It felt like an auction for investor dollars: On Feb. 28, Fidelity Investments cut its long-standing $7.95 stock and ETF trading commission to $4.95. Charles Schwab — which had already reduced its...
from NerdWallet
https://www.nerdwallet.com/blog/investing/investors-win-in-broker-price-war-tread-carefully/
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