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Zero Commission Trading is Taking Over
A s we enter 2020, many stock brokerage companies joined the zero-fee trading movement started by Robinhood in April 2013. Even though Robinhood was first, a newcomer to the zero-fee trading platform claimed the title as the Best Free App in 2020.
Any guesses on the company?
Webull.
This newcomer came onto the scene in 2018.
Now two years later Webull won the award as the Best Free App in 2020.
I have written about Webull in the past and use this platform often reviewing my current investments which is up 20% as of this writing. This is not bad considering the stock market is seeing a lot of red these days. The S&P 500 is down about 15% year to date.
My entry point for these stocks may have something to do with that since I only added these over the past 6 months to this portfolio.
The stocks are Levi’s (LEVI), Lyft, Inc (LYFT), Photronics, Inc. (PLAB), Starbucks (SBUX), Snapchat (SNAP), and Viacom (VIAC).
