Fee-free online trades are reshaping the investing world
from Boston Globe
In the world of investing, free is key. Fees on many index mutual funds and exchange-traded funds have dropped to zero. Some app-based “robo-advisers” are offering no-cost investment advice. And now, online stock trading, once a cash cow for Wall Street, has gone commission-free. Fidelity Investments said Thursday that it eliminated its $4.95 commission on online trades of stocks, ETFs, and options by retail investors.
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