The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online
#364 - One Day All Brokers Will Offer Commission Free Trading
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:05:09
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again at Option Alpha and welcome back to the daily call. Today, we’re going to be discussing why one day, all brokers will offer commission-free trading. I actually called this a couple of weeks ago. I did a Facebook Live where I said the world is flat and these are basically the three things that nobody sees coming, but this is where the world is going. The world is transitioning and it's changing and one of the things I said in there was that in the future, all brokers will be commission-free. I think Robinhood for sure was the first in this space and they’re going to be looked at historically as the leader in this space, but now, a lot of brokers are quickly transitioning to commission-free trading. In fact, just a couple of weeks ago, J.P. Morgan announced that they have their own free trading platform. And so, now, Robinhood has major competition with the likes of J.P. Morgan and I expect in the future and probably in the very near future, many brokers will start moving v