Part 2/8:
Invest Engine is a prime example of a platform that offers commission-free investing. It allows users to build DIY portfolios with a focus on low-cost, long-term investment strategies geared towards efficiency and automation. But how does Invest Engine maintain such a low-cost structure while providing a high-quality service?
Key Strategies for Cost Reduction
1. Aggregated Trading
Invest Engine employs a strategy known as aggregated trading, where it consolidates orders for the same ETF and executes them in bulk. This method significantly cuts down transaction costs since trades are executed only once daily after 2 PM. This model primarily benefits long-term investors as the timing of trades does not detrimentally affect their overall performance.