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A comment on Stock trade app Robinhood raising at $5B+, up 4X in a year. Parent comment

Re:Stock trade app Robinhood raising at $5B+, up 4X in a year by lawrenceyan on Thursday March 15, 2018 @08:55PM (#16597802)
That's only true in the most technical of senses. Yes, there is a spread, but other brokerages take a spread AND additionally charge you another fee on top of that which is often an outrageous $5-10.
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Re:Stock trade app Robinhood raising at $5B+, up 4X in a year by jonknee on Thursday March 15, 2018 @09:05PM (#16597835)
That outrageous $5-10 probably helps the average person make money in the long run by not overtrading.
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Re:Stock trade app Robinhood raising at $5B+, up 4X in a year by nerfhammer on Thursday March 15, 2018 @09:23PM (#16597909)
depends, how big is the spread?
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Re:Stock trade app Robinhood raising at $5B+, up 4X in a year by lawrenceyan on Thursday March 15, 2018 @10:53PM (#16598228)
The spread is generally on the order of a cent.
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Re:Stock trade app Robinhood raising at $5B+, up 4X in a year by Blackthorn on Thursday March 15, 2018 @11:34PM (#16598410)
The same as literally any other brokerage.
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