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This is really speculation. There is no reliable source to confirm this. I have used Robinhood for over 6 months now and never observed the trade price deviate from what is listed on Schwab and IB.

Also, for most people who trade 100-1000 shares it doesn't really matter.



50K * 0.001 is $50 dollars.

Better to just pay a flat fee and get better routing.




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