Loyal3 Review 2015: Commissions, Fees, and Minimum Deposit
Only stock investing is offered. No commissions or fees. No minimum account balances. IPOs require a $350 cash balance, but unused funds can
be withdrawn at any time.
Loyal3 is a brand-new online brokerage firm that tries to attract clients with a unique approach - they can buy and sell stocks completely free.
So how will this business model work? The firm says it will charge other companies for an access to their platform (we assume it means advertising).
Similar approach had used another online broker - Zecco (name stands for zero commission trading), but once it had enough customers it
started charging commissions like every other company.
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