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by navigatesol 2553 days ago
>how does the brokerage make money from me?

Interest on any balance. Commission on sell orders, bonds, GICs, options, MFs. Order flow. Currency exchange. ECN fees when you buy in odd lots.

I mean, if you're really diligent and restrictive in your usage, you can avoid your broker "making money off you". But as long as fees are transparent and fair, what's the problem with them making some money providing a service you like?

1 comments

No problem at all! :) Just curious about the sources of revenue from me as a customer if I don’t hold cash, don’t issue sell orders, and buy only ETFs.