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by tom_mellior 2231 days ago
I don't know why others downvoted you, I didn't. But as general feedback: "learn about X" without linking to some resource about X is really lazy soapboxing.
2 comments

I downvoted it because it’s mostly factually wrong.

First paying a commission is not correlated with participation in order flow payment. Commissioned brokers also get paid for order flow.

Second if you interact with an internalizer your order will execute faster not slower. And you will usually be getting better price execution than if you try to route manually.

Third all brokerages have routing tiers that involve self matching/dark pools/contractual discounts etc. Most of them will let you pay for the privilege of using the same router the non-premium orders go through.

At the end of the day if your trade is that sensitive to execution you are not a retail customer and should not be using a retail brokerage.

Maybe, and it'd be nice if people cited all their knowledge with sources, otherwise it's possible to simply ask - or do a quick Google search to research yourself; of course if someone's explanation and understanding sounds good, though out, then they are more likely have access to good sources to save you a bit of time not having to research..