TDAmeritrade ad says for options "now commission-free", but wants instead a "fee" of $0.65 per contract So, effectively nothing has changed at all, isn't it? Isn't such an ad misleading? I wonder how much they charged prior this. Anybody know?
%% Sounds like an accurate ad; but i have not had time to read all the fine print. I like SCHW; but if ever one has to trade over the phone free comiss turns into huge fee...........................................................................................
Previously there was per-order commission on top of the pre-contract commission. Now the per-order commission is gone.
It used to be $6.99 + $0.65/contract. Now its just $0.65/contract plus reg fee. Here is one from my account from yesterday: Date/Time Description Amount Commission Reg Fee 11/10/2021 14:55:30 Sold 85 EWZ Nov 19 2021 33.0 Call @ 0.05 368.78 55.25 0.97
%% Doesn't look like that ad is misleading; + its even listed in volume order\ options trades* are last on the list. The Kraft Maxwell House Coffee ad\portion size label, does look misleading+ the judge said the $16 million settlement = ''good to the last drop'' LOLGood coffee+ bad ad.