How no-fee stock trading is changing the stock market

It’s a big moment for the little guy on the trading floor.

The largest retail trading firms like Charles Schwab, Robinhood, ETrade, and TD Ameritrade began offering no-fee stock trading to retail investors in 2019, and it’s easy to say it changed the stock market. Just look at this chart—and remember that Robinhood, the trendiest retail trading platform, boasted more than 4.3 million daily average trades in March, out-doing all the brokerages below:

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