Online Broker ChoiceTrade Slashes Trading Fees to Zero and Caps Option Commission at $50 a Month
ChoiceTrade is excited about the industry's recent move to lower stock trading commissions to zero as it expects to see CFD traders come back to US brokers. Contract for Difference (CFDs) is a type of equity swap that was developed in the early 1990's that allowed traders to trade commission-free with high leverage against their CFD platform with no fees. The flip side, however, left traders exposed to significant capital risk with CFD brokers who were not subject to US...
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