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Newfag here. What do you /biz/ people use...
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Newfag here. What do you /biz/ people use to buy and sell stocks? And what do you guys usually trade, stocks, currency etc?
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Robinhood is popular because it's free (for now).
I'm still using Scottrade.
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>>1045039
How in the name of fuck can someone offer zero commission? Is this legit, can you vouch for this website?
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>>1045054
Like a bank, off the user's cash balances. They also offer margin accounts.
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>>1045054
>>1045062
With rates as low as they are, nobody is making money off cash balances. Margin yes, but who would borrow at those usurious rates just for free trades.

Truth is, they make money off the trade prices. They'll strive to buy at the lowest price of the day (below vwap; volume weighted average price) and sell to you at the highest price (above vwap). Or they can just sell the order flow to a trading firm who will do the same.
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>>1045062
Also selling our order flow for what its worth , its 2016 its not like a broker has to phone in every order
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>>1045031
Vanguard for long term, Robinhood for short term
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ToS or InteractiveBrokers for Options
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>>1045031
tradestation is pro-tier
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ToS for good charts. Completely fcking free platform (that should probably cost a few hundred at least if bought seperately) if you apply for ameritrade
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I use a local paid platform, exclusive to Brazilian markets.
I trade futures (index and dollar futures) and sometimes stocks. Daytrade only.

Planning on joining IFundTraders and trade aapl with their platform, Fusion. Aapl is a wonderful stock to daytrade.
Thread replies: 11
Thread images: 1
Thread DB ID: 427711



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