Do Commission-Free ETF and Stock Trades Mean No Profits?
November 15, 2019 at 08:00 AM EST
In its latest efforts to compete with other brokerage firms and to attract Millennials, a younger group of investors, online broker Charles Schwab ( SCHW ) recently opted to slash its commissions on trades from $4.95 to zero, and allow its clients to trade fractions of stocks, the founder and chairman told the Wall Street Journal in an interview.