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489

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[–] 2 pts 4y (edited 4y)

They make money on the spread between the bid and offer.

They take from both sides.

I thought this was well known.

[–] 0 pt 4y

Right, it isn't really a scam either. Would OP rather pay 5 dollars a trade?

[–] 1 pt 4y

Called "man in the middle".

Don't worry, Robinhood is getting middled, too.

[–] 1 pt 4y

Are they? I heard they rather recently they became Thier own clearing house.

Shrugs

[–] 1 pt 4y

Everyone gets middled. That's why the blew up the world trade center. They middle everything on the way in, now.