Online Brokers Raising Fees

from the kick-'em-while-they're-down dept

It seems that many people who used online brokerages to trade stocks during the heyday of online stock trading don’t want to go anywhere near an e-brokerage these days. The online brokers are suffering, and so they’re all hitting customers with increased fees. Sometimes it’s higher per-trade commissions, but mostly, they’re adding fees for people who don’t have enough money in their account, or who don’t make enough trades. Considering that many people lost all sorts of money trading stocks online, this seems like adding insult to injury.

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