Trade Schwab ETF's for Free

Quote from risktaker:

Again, the spread is what these salesmen jokers use to con dummies into the etf game. Most don't even realize they're being taken to the cleaners every day.
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Can you elaborate? If the ETF is tracking with very positive correlation, and spreads are reasonable, where's the problem?
 
These ETFs just started trading. Keep an eye on these, and if they steadily increase in average daily volume then the spreads should tighten. With a little time they may be worth trading if it is free.
 
Quote from libertad:

Hmmmmm....

Removes Cybercorp....

Removes cents per share model....

Insists on exhorbitant pricing on the average ticket....
When 20 cents per 100 shares is possible....

They used to cherish getting between retail and wholesale....

This is not a "trading firm"....by any stretch of the imagination....

ETFs.....just translate into fat margins....for THEM....

It's THEM vs YOU....

Very simple....

.................................

Do note Ameritrade did the same....bought a DA firm
and shelved it....

Just another "non-trading" fat retail advertising model.....

Same Schwab model....


Both Schwab/AMTD....RETAIL....= HIGH MARGINS


Both are buy it once and sit on it firms....
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haha well put:)
 
Quote from KINGOFSHORTS:

No free lunch, remember. No one does anything for free just to be nice.

I am not familiar with that broker or ETFs but I bet the house rake is there somewhere.
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Likely just a "loss leader"... we'll see if those ETFs pick up in volume to be competitor to established ones.
 
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