Fidelity Just Made Stock Trading Free
Fidelity just became the fifth major broker to drop stock trading commissions in the past couple of weeks, joining some of the industry's other large players in making online trades free. This trend has been a major win for stock investors, particularly younger and beginning investors who tend to make smaller purchases.
Here's why $0 has become the new standard commission in the online brokerage world, and why the move won't have as big an impact on the bottom lines of Fidelity and the others as you might think.
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Source Fool.com