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 dont need to charge trade commissions and hidden fees.
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