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A comment on Robinhood stock trading app confirms $110M raise at $1.3B valuation. Parent comment

Re:Robinhood stock trading app confirms $110M raise at $1.3B... by omarforgotpwd on Wednesday April 26, 2017 @11:05AM (#14203565)
Same exact situation here. Because I put in lots of relatively small dollar value trades $10 transaction fees at TD Ameritrade would eat all my profits pretty quickly.
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by The_Hoff on Wednesday April 26, 2017 @11:37AM (#14203902)
Still a lot, but TD dropped their fee to $6.95 https://www.tdameritrade.com/pricing.page
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by auganov on Wednesday April 26, 2017 @12:09PM (#14204262)
And Fidelity is at $4.95 which is the lowest for big brokerages I think https://www.fidelity.com/why-fidelity/pricing-fees
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by spelunker on Wednesday April 26, 2017 @12:46PM (#14204667)
Schwab dropped to the same. If anything Robinhood has benefitted everyone because it's pricing model has pressured other brokerages to lower fees.
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by ceejayoz on Wednesday April 26, 2017 @10:42PM (#14208803)
Don't give Robinhood the credit - fees have been dropping for decades. http://www.businessinsider.com/historical-trading-commission...
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