| Robinhood Markets advertises rock-bottom fees for options trading—but a new study finds that its customers face hidden costs far higher than those of other brokers.
The findings, released this month, offer a rare glimpse into brokers’ transaction costs—the spreads between the price you pay when buying options and the price you get when selling them. While brokers disclose how much they charge in fees, they shed little light on the costs associated with such spreads.
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