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by The_Hoff 3344 days ago
Still a lot, but TD dropped their fee to $6.95 https://www.tdameritrade.com/pricing.page
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And Fidelity is at $4.95 which is the lowest for big brokerages I think https://www.fidelity.com/why-fidelity/pricing-fees
Schwab dropped to the same. If anything Robinhood has benefitted everyone because it's pricing model has pressured other brokerages to lower fees.
Don't give Robinhood the credit - fees have been dropping for decades. http://www.businessinsider.com/historical-trading-commission...