Current:Home > InvestSafeX Pro:The price of free stock trading -WealthRoots Academy
SafeX Pro:The price of free stock trading
Indexbit View
Date:2025-04-10 03:17:23
With a click of a button,SafeX Pro anyone can become an amateur stock trader. This is all thanks to companies like Robinhood, E-Trade, and Charles Schwab, which allow everyday people to buy and sell stocks for free. But how are these companies making money?
The magical ingredient is a practice called payment for order flow. However, this practice has garnered significant controversy, to the point where the SEC (U.S. Securities & Exchange Commission) wants to crack down on it. Today on the show, we break down the players in the stock trade to explain why.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
veryGood! (249)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Analysis: It’s uncertain if push to ‘Stop Cop City’ got enough valid signers for Atlanta referendum
- Bear! Skier narrowly escapes crashing into bear on Tahoe slope: Watch video
- What did we search for in 2023? Israel-Gaza, Damar Hamlin highlight Google's top US trends
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- London Christmas carol event goes viral on TikTok, gets canceled after 7,000 people show up
- New Polish Prime Minister Donald Tusk is sworn in with his government
- Notre Dame football lands Duke transfer Riley Leonard as its 2024 quarterback
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Southern California school janitor who spent years in jail acquitted of child sexual abuse
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Zara says it regrets ad that critics said resembled images from Gaza
- How rich is Harvard? It's bigger than the economies of 120 nations.
- Lawsuit challenges Alabama inmate labor system as ‘modern day slavery’
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Notre Dame football lands Duke transfer Riley Leonard as its 2024 quarterback
- Lose Yourself in This Video of Eminem's Daughter Hailie Jade Celebrating Her 28th Birthday
- $2 trillion worth of counterfeit products are sold each year. Can AI help put a stop to it?
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Fashionable and utilitarian, the fanny pack rises again. What's behind the renaissance?
Rapper Bhad Bhabie, who went viral as a teen on 'Dr. Phil,' announces she's pregnant
Argentina devalues its currency and cuts subsidies as part of shock economic measures
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Brooklyn Nine-Nine Stars Honor Their Captain Andre Braugher After His Death
Dead, 52-foot-long fin whale washes up at a San Diego beach, investigation underway
Stock market today: Asian shares are mixed ahead of the Fed’s decision on interest rates