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The end of commissions for stock trading is near as TD Ameritrade cuts to zero, matching Schwab
PUBLISHED 9 MIN AGO
Maggie Fitzgerald
@MKMFITZGERALD
KEY POINTS
TD Ameritrade said Monday the company will eliminate all commission fees for online U.S. stock, exchange-traded fund and option trades.
Charles Schwab and Interactive Brokers both announced the same commission-free cost structure in the last one week.
“We expect Fidelity and E*TRADE to react next and announce cuts to their own commission rates over the short-term, with both likely matching SCHW’s/AMTD’s zero rate,” said Credit Suisse’s research analyst Craig Siegenthaler in a note to clients titled “Finishing the Race to Zero.”

https://www.cnbc.com/2019/10/02/the-end-of-commissions-for-stock-trading-is-near-as-td-ameritrade-cuts-to-zero-matching-schwab.html