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Stockpile looking towards a future of $0 commission trading

895 728 November 13, 2019 at 06:47 AM
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They currently charge 99 cents / trade. I just got an email from them. They are asking us to take a survey.

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The world of investing has gone through a lot of changes over the past few months. A number of online brokerages have gone to $0 commission trading. While this is tempting, free does not always mean best. At Stockpile, we have always strived to do what is best for our customers. Which is why we have some of the best reviews on the App Store, Google Play Store, and TrustPilot.

As a steward and holder of your investments, it is important for us to stay a viable business and continue to build trust with our customers while delivering the services and value you expect. For that, we have charged $0.99/trade... one of the lowest trade fees in the industry for quite some time.

While we look towards a future of $0 commission trading, we need to modify our business and offerings to reflect the evolving needs of our customers. With that in mind, we would like to ask your help in shaping the future of Stockpile. Please take 5 minutes to fill out our quick customer survey to help us build the best product for you and other investors.

Take Survey
https://u7352674.ct.sendgrid.net/...BQm0jcw-3D

We truly appreciate your continued loyalty and we hope to continue serving your investing needs.

Victor Wang
CEO
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This comment has been rated as unhelpful by Slickdeals users
Joined Dec 2014
L3: Novice
125 Posts
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#2
I'm not sure what price they charge normally, but you can just use Robin Hood or negotiate with them.

I negotiated with TD Ameri / Scottrade down to like a buck a trade back 5-6 years ago when they were charging 7. Mostly because I day traded, but yeah, with competition of places like RH almost all places are going to non-existent fees or very little.
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Joined Jun 2013
L5: Journeyman
828 Posts
99 Reputation
#3
Its not that there are no fees they all of them sell our trades to hft to front run and we lose money that way anyway. So if they want fees they have to guarantee they are not selling our info.

Except do you trust them? Probably not.

They all do it. A standard practice of fraud. So accepted it and just find ways to trade while not getting screwed.
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