I know the US has been moving to try and get brokers to be more transparent recently but it’s easily missed. Even in the UK it’s surprising what the small print says.
1 Like
| Broker | Security Type | PFOF Q1 2020 | PFOF Q2 2020 | Percent Change |
|---|---|---|---|---|
| TD Ameritrade | Equity | $72,782,936 | $144,219,349 0 | 98 |
| Options | $129,597,189 | $179,991,996 | 39 | |
| Total | $202,380,125 | $324,211,345 | 60 | |
| E*TRADE | Equity | $29,822,204 | $50,210,044 | 68 |
| Options | $49,829,545 | $60,117,332 | 21 | |
| Total | $79,651,749 | $110,327,376 | 39 | |
| Schwab | Equity | $25,447,153 | $32,396,842 | 27 |
| Options | $28,517,592 | $33,745,172 | 18 | |
| Total | $53,964,745 | $66,142,014 | 23 | |
| Robinhood | Equity | $31,116,950 | $69,116,307 | 122 |
| Options | $59,802,125 | $111,148,089 | 86 | |
| Total | $90,919,076 | $180,264,395 | 98 |
And on matter of fact Trading212 is using Interactive Brokers as backbone service. What about that ?
Firstrade charge 30$ for depositing I think, that’s too much for a poor guy like me
1 Like