Webull, and the like. Bona fide?

[DanP]

Been trading for many many years with TD and mostly Interactive Brokers, happy with them, and good executions.

Still it looks like in the last 2 years or so there is a newer crop of houses claiming zero commission trades (outside of industry fees), any comments on these? Are they making $ strictly on margin accounts or what is the angle? Slippage?

Not looking to switch but curious at this time.

 

[Onward]

Not familiar with WeBull, but I'm familiar with Robinhood. Here's how Robinhood makes money.

There was an in-depth article on Robinhood in the WSJ a couple of weeks ago. The conclusion was that, for any given trade, you'll pay a bit more at Robinhood than you will at the Schwab, TD, etc.

But if you're making frequent trades, you could recoup the difference with saved commissions.