TD Ameritrade joins race to the bottom on fees -- announces zero-commission trades to match Schwab

[vincentnyc]

https://finance.yahoo.com/m/633b5d4...1a/td-ameritrade-joins-race-to.html?.tsrc=rss

i got td....i'm gonna save myself ten of thousand in commission fees per year. whoop there it is!

i see broker like robinhood and webull will go out of business soon.

 

[slvrrisc]

Finally, maybe it'll be worth scalping on futures with more size on ToS too.

 

[R1234]

Finally, maybe it'll be worth scalping on futures with more size on ToS too.

They're not dropping futures commissions. Its still $2.25 per side, even on the micros!

 

[ET180]

They got rid of exercise and assignment fees. Those used to be prohibitively expensive. Options now only $0.65 per contract. Based on how I trade, they are now more competitive than IB. Let's see what IB does.

 

[KINGOFSHORTS]

Wow gonna cut down on my commission expenses bigtime. Now waiting for etrade. Trading volume must be drying up. I see consolidation soon, lots of firms closing shop

 

[KINGOFSHORTS]

In the news fractional pricing is back to make up for loss of commissions across the board

 

[Magna]

There are 3 threads in this forum with essentially the same topic (TD Ameritrade eliminating commissions), so going forward let's post to this one which is the largest of the three. Thanks.