Robinhood: $0 Commission Stock Brokerage


Mon, Dec 16th, 2013 12:00 by capnasty NEWS

Venture-funded by Google, Andreeseen Horowitz "and many others," Robinhood can provide a full brokerage experience without charging the standard $10/trade commission thanks to being fully automated.

Robinhood started with the idea that a technology-driven brokerage could operate with significantly less overhead.

We cut out the fat that makes other brokerages costly — hundreds of storefront locations and manual account management.

That means we don’t need to charge trade commissions and hidden fees.



You may also be interested in:

Where's Willy?
My Manhattan Project
How To More Easily Understand U.S. Congress' Solution to their Federal Deficit Problem
"If a big corporation has something you want, you should steal it."
Forget Partisan Politics, Rejecting That $700 Billion Wall Street Bailout Was Smart