Current:Home > NewsSurpassing:The price of free stock trading -Wealth Legacy Solutions
Surpassing:The price of free stock trading
Fastexy Exchange View
Date:2025-04-10 11:10:44
With a click of a button,Surpassing anyone can become an amateur stock trader. This is all thanks to companies like Robinhood, E-Trade, and Charles Schwab, which allow everyday people to buy and sell stocks for free. But how are these companies making money?
The magical ingredient is a practice called payment for order flow. However, this practice has garnered significant controversy, to the point where the SEC (U.S. Securities & Exchange Commission) wants to crack down on it. Today on the show, we break down the players in the stock trade to explain why.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
veryGood! (3776)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Steve Gleason 'stable' after medical event during hurricane: What we know
- Amy Grant says she was depressed, lost 'superpower' after traumatic bike accident
- Two ex-fire chiefs in New York City charged in corruption scandal
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Meryl Streep Had the Best Reaction to Being Compared to a Jockstrap at 2024 Emmys
- The presidential campaign moves forward after another apparent attempt on Trump’s life
- The next generation of Buffetts is poised to become one of the biggest forces in philanthropy
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- 2024 Emmys: Connie Britton and Boyfriend David Windsor Enjoy Rare Red Carpet Date Night
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Man accused of trying to kill Trump wrote a book urging Iran to assassinate the ex-president
- Trump was on the links taking a breather from the campaign. Then the Secret Service saw a rifle
- NFL Week 2 winners, losers: Bears have a protection problem with Caleb Williams
- The Daily Money: Spending more on holiday travel?
- The Fate of Emily in Paris Revealed After Season 4
- The Reformation x Kacey Musgraves Collab Perfectly Captures the Singer's Aesthetic & We're Obsessed
- 'We don't want the hits': Jayden Daniels' daredevil style still a concern after QB's first win
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Firefighters make progress in battling Southern California wildfires amid cooler weather
Why do election experts oppose hand-counting ballots?
Judge rules Robert F. Kennedy Jr.'s name will stay on Wisconsin ballot
Intel's stock did something it hasn't done since 2022
Fantasy football buy low, sell high: 10 trade targets for Week 3
Flappy Bird returning in 2025 after decade-long hiatus: 'I'm refreshed, reinvigorated'
All the songs Charli XCX and Troye Sivan sing on the Sweat tour: Setlist