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Show HN: Double – Design and invest in your own stock index

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Re: Show HN: Double – Design and invest in your own stock index

#102
post #95
post #93

Earlier quoted context omitted.

No you are not. Your orders are not sent to the best exchange execution possible but to market makers who pay kickbacks to your broker and give you a far worse deal with every single transaction. The cost of poor execution is much higher than a 2 dollar commission (which is what Fidelity shows). It also reduces market transparency.

> Your orders are not sent to the best exchange execution possible Look up NBBO, that would be illegal. You're getting better execution as a retail trader thanks to PFOF.

I have tried several PFOF and regular brokers. The spreads end execution of PFOF where far worse.
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