Am I wrong about brokers' revenue/ profit?

Discussion in 'Retail Brokers' started by curiosity, Dec 5, 2024.

  1. here is my copy/paste info again

    On quick google search - I found this -
    Schwab - Net income for 2023 was $5.1 billion,
    IBKR - Interactive Brokers annual net income/loss for 2023 was $2.812B,

    I can not find correct numbers for Fidelity but I believe it is at least $2B
     
    #11     Dec 9, 2024