Hacker News new | ask | show | jobs
by QuackingJimbo 2528 days ago
The ones who charge a fee don’t make interest on your balances.
2 comments

Yes they do.

" 57% of Schwab’s revenues are from net interest"

https://www.kalzumeus.com/2019/6/26/how-brokerages-make-mone...

No, no, no.