Robinhood: The High Price Of Free Stock Trades

Named after the legend who robbed from the rich to give to the poor, Robinhood offers commission-free stock and option trades at a time when even the least-expensive brokers charge $5 per trade. That pitch has helped Robinhood open more than 4 million accounts since 2013, making it bigger than E*Trade, which went online in 1991!But where Robinhood can save users real money on commissions, the service trades user experience for tax inefficiency.

Topics:  e*trade   u.s    robinhood   free stock   tax   users   commissions   
BING NEWS:
  • Why Robinhood (HOOD) Stock Is Up Today
    Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 7.8% in the afternoon session after stocks linked to the cryptocurrency space soared as Bitcoin, the largest cryptocurrency by ...
    12/16/2024 - 8:30 am | View Link
  • Robinhood Free Stock: Complete List
    Robinhood is a cool app that lets you trade stocks without any fees. It’s super popular because you can get free stocks just by signing up and referring friends. The value of these free stocks can be ...
    12/16/2024 - 2:51 am | View Link
  • Watch These Robinhood Price Levels as Stock Hits 3-Year High After Upgrade
    Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Robinhood shares rose to a three-year high Monday after Morgan Stanley upgraded the ...
    11/25/2024 - 3:10 pm | View Link
  • Why Is Robinhood (HOOD) Stock Rocketing Higher Today
    Robinhood is up 204% since the beginning of the year, and at $37.68 per share, has set a new 52-week high. Investors ... of sense–as long as the price is right. Luckily, we’ve found one, a low-priced ...
    11/25/2024 - 7:31 am | View Link
  • Why Is Robinhood (HOOD) Stock Rocketing Higher Today
    Robinhood is up 204% since the beginning of the year, and at $37.68 per share, has set a new 52-week high ... price is right. Luckily, we’ve found one, a low-priced stock that is gushing free ...
    11/24/2024 - 11:00 am | View Link
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