Which stock brokerage has the most or least hidden fees? I look at all of the major US stock brokers to see who has the sneakiest fees, most pay for order flow or other hidden fees.
The winner for the most equity pay for order flow goes to Webull.
Most pay for order flow
$1.66 for 100 Shares Webull
$1.22 for 100 Shares Robinhood
Least pay for order flow
Vanguard 0
Fidelity 0
Public 0
Wealthfront stock investing 0
Most pay for order flow Options
Webull $.58
Schwab $.48
Least pay for order flow Options
Vanguard 0
Highest reorganization fee brokers
Alpaca brokerage $100
Sofi Invest $50
Public brokerage $50
Ally Invest $50
eTrade $38
Highest illiquidity fee stocks
Schwab $250
eTrade $150
Webull $250
Highest Death Tax Fee
Public $200
M1 Finace $200 + $100 IRA Termination fee
Highest Transfer Out Fee
M1 Finance $100
Alpaca $100
Robinhood $100
Etrade $75
Ally Invest $75
Webull $75
Sofi Invest $75
Public $75
Cash App Invest $75
No fee transfer out
Fidelity
Vanguard
Inactivity fee (12 months no activity)
Sofi Invest $25
Margin liquidation fee
eTrade $25
Fidelity $32.95
Master limited partnership tax fee
Vanguard $300
Foreign stock
Schwab $50
Fidelity 1%
Ally $50
Vanguard $50
M1 $50
Winners Best Brokerage
Fidelity 4.99% settlement, no transfer out fee, no pay for order flow
Vanguard 5.29% settlement, no transfer out fee, no pay for order flow
Best Up-and-comer
Wealthfront stock investing 5.25% settlement, no pay for order flow