A skeptical NN reader recently inquired whether the recent move by Schwab and other discount brokerages to go to zero commissions on all stock and ETF trades was for real?
Before answering it is worth pointing out that zero commission trading is not new. Online investment firm Robinhood led the way by introducing the concept as a standard feature with the launch of its app in 2013. Supported by venture capitalists, a host of copycat “roboadvisors” quickly followed suit,
