Re:Analysis: Robinhood protected from lawsuits by user agree...
by didibus on Saturday January 30, 2021 @01:51PM
(#25971783)
That trading stocks on it and all of its features are free, no fees and no commission.
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Re:Analysis: Robinhood protected from lawsuits by user agree...
by Tenoke on Saturday January 30, 2021 @03:12PM
(#25972526)
You are still getting a hidden fee on most transactions due to the sold order flow. Rh itself earns 17 cents per 100 shares and 58 cents for options. The loss for the user is certainly much higher though and as the cost is hidden they likely make more trades.
https://www.google.com/amp/s/www.cnbc.com/amp/2020/08/13/how...