Loyal3 Review 2014: 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be withdrawn at any time.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.
Loyal3 does not have review yet. If you know anything about Loyal3 brokerage services, please leave comment
below to help other visitors. Make sure to also research Best Discount Brokerages.
This article was updated on 2/25/2014.