Robinhood stock trading app confirms $110M raise at $1.3B valuation

Re:Robinhood stock trading app confirms $110M raise at $1.3B... by webninja on Wednesday April 26, 2017 @02:02PM (#14205396)

Robinhood makes money off of uninvested capital and margin accounts, not trade commissions. So why would they care what we buy or whether we make purchases rarely or not?

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by usefulcat on Wednesday April 26, 2017 @02:56PM (#14205892)

According to TFA they also make money off of rebates, which are proportional to the number of shares traded.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by matt_wulfeck on Wednesday April 26, 2017 @04:19PM (#14206596)

So then they make money of both.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by huac on Wednesday April 26, 2017 @02:15PM (#14205527)

Someone who trades frequently is more likely to upgrade to Robinhood Gold than somebody who buys an index fund once and forgets.

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