RH’s rate is 2.5%. Tiebreaker will be the one that has better app UI (and isn’t RH) Edit: adding this chart I found but leaving this question up as this doesn’t compare UIs or other pros/cons. #finance #stocks #investing #schwab #fidelity
Outdated chart! Webull is 3.85 I think.
Thanks but they’re not a good alternative for me. E.g., “On January 28th, 2021, Webull halted buy orders for stocks affected by the GameStop short squeeze[9], and soon thereafter allowed orders to continue.”
I would avoid Webull and any of the other newer brokerages. If RH has liquidity crisis, these newer ones may too.
What are you doing on margin? Brokerages can change margin maintenence requirements at any time and force liquidate your position.
True
You play with fire when you use margin. Invest sensibly.
You should use TD's ThinkOrSwim for analysis. And IBKR to place orders.
You'll get margin called dood
I’ve got enough cash I’ll b ok
IBKR 1.59 for Pro, 2.59 for Lite https://www.interactivebrokers.com/en/index.php?f=46376
Do you use them?
Yeah. I opened an account with them to trade international stocks, but it works very well for US stocks as well.