Good point. Wells gave me free trades for years but I use them only for long term holdings because often I found their fills not as good and as fast as Schwab.
It's not really free....you need to have Many many many many tens of thousands of dollars to get free trading, $250,000 to be exact...yes the first 100 trades are free however anything after that is $2.95 a trade....if you have premier account with $15,000 the first 100 trades are free....
So is it like Robinhood. The answer is NO...is it free free free ...the answer is once again NOOOOOOO
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And with rates uP trending,s2007s;
LOL,i guess you get your park your money there ''free'' also LOL. Actually ''free is a proven word to bring results ,generally speaking.Thought Robinhood had no minimum, but dont know. Good free comments LOL.
Good point. Wells gave me free trades for years but I use them only for long term holdings because often I found their fills not as good and as fast as Schwab.
I had a Scottrade account for several years. Around the time it was announced they would be taken over by TD, I called around to see what promotions were available for switching to other brokerages. Schwab offered me commission-free equity trades (unlimited) for the duration of time I had a Scottrade account. I accepted. Haven't paid any commissions (for equity trades) in about 1.5 years and have about 5 more years to go (unless they decide to terminate the offer early). I don't know if they still do this, but the offer is listed online and available to former Scottrade (now TD) clients. https://www.schwab.com/public/schwab/nn/tradeoffer.html
As a brokerage for equities/ETF trades, never had any complaints about fills or customer service at Schwab. Can't comment for futures, as I trade them through a different brokerage.