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Free Trading Couldn't Have Come at a Worse Time - The Wall Street Journal

The age of free stock trading has arrived at an inauspicious time—exactly when many individual investors might have been best served to not trade at all.

It was just in October that Charles Schwab, E*Trade Financial, Fidelity Investments and TD Ameritrade Holding announced that they would charge zero commissions for most trades. The moves put them in line with some newer online upstarts, notably Robinhood Financial, and were followed by more expansions of free trading at big banks such as JPMorgan Chase and Bank of America.

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Free Trading Couldn't Have Come at a Worse Time - The Wall Street Journal
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