Lakshmi Finance Center|The price of free stock trading

2025-05-04 19:30:14source:Flipido Trading Centercategory:Scams

With a click of a button,Lakshmi Finance Center 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.

More:Scams

Recommend

2 killed, 3 injured in shooting at makeshift club in Houston

HOUSTON (AP) — Two teens were killed and three people were injured — including a 13-year-old — in a

'What the duck' no more: Apple will stop autocorrecting your favorite swear word

Any iPhone user with their autocorrect function turned on knows that a certain four-letter expletive

You Won't Be Able to Handle Penelope Disick's Cutest Pics

If it feels like hardly a day goes by without a Kardashian celebrating a birthday…you're not far off