Difference between revisions of "Robinhood"

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Robinhood's investment platform is protected by the [http://www.marketswiki.com/wiki/SIPC SIPC], which insures its investors up to $500,000.<ref>{{cite web|url=https://robinhood.com|name=Robinhood: Investing. Now for the rest of us.|org=Robinhood|date=September 7, 2018}}</ref> It is also regulated by [[FINRA]], and is listed on FINRA's [https://brokercheck.finra.org/search/genericsearch/firmgrid BrokerCheck].<ref>{{cite web|url=https://brokercheck.finra.org/search/genericsearch/firmgrid|name=BrokerCheck: Robinhood Financial LLC|org=FINRA|date=September 7, 2018}}</ref>
 
Robinhood's investment platform is protected by the [http://www.marketswiki.com/wiki/SIPC SIPC], which insures its investors up to $500,000.<ref>{{cite web|url=https://robinhood.com|name=Robinhood: Investing. Now for the rest of us.|org=Robinhood|date=September 7, 2018}}</ref> It is also regulated by [[FINRA]], and is listed on FINRA's [https://brokercheck.finra.org/search/genericsearch/firmgrid BrokerCheck].<ref>{{cite web|url=https://brokercheck.finra.org/search/genericsearch/firmgrid|name=BrokerCheck: Robinhood Financial LLC|org=FINRA|date=September 7, 2018}}</ref>
  
The app offers its trading services free of commission fees. Instead it makes revenue selling premium services, selling [http://www.marketswiki.com/wiki/Order_flow order flow] to stock exchanges, and by charging interest on funds users keep in their Robinhood accounts.<ref>{{cite web|url=https://www.forbes.com/sites/sanjeevsardana/2018/08/13/this-investor-bet-on-robinhood-with-the-first-check/#3daf47875ff5|name=This Investor Bet On Robinhood With The First Check|org=Forbes|date=September 7, 2018}}</ref><ref>{{cite web|url=https://cointelegraph.com/news/robinhood-plans-to-launch-ipo-seeks-cfo-amid-audits-from-regulators|name=Robinhood Plans to Launch IPO, Seeks CFO Amid Audits From Regulators|org=Cointelegraph|date=September 7, 2018}}</ref>
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In September 2018, Robinhood had over 5 million users. The app offers its trading services free of commission fees. Instead it makes revenue selling premium services, selling [http://www.marketswiki.com/wiki/Order_flow order flow] to stock exchanges, and by charging interest on funds users keep in their Robinhood accounts.<ref>{{cite web|url=https://www.forbes.com/sites/sanjeevsardana/2018/08/13/this-investor-bet-on-robinhood-with-the-first-check/#3daf47875ff5|name=This Investor Bet On Robinhood With The First Check|org=Forbes|date=September 7, 2018}}</ref><ref>{{cite web|url=https://cointelegraph.com/news/robinhood-plans-to-launch-ipo-seeks-cfo-amid-audits-from-regulators|name=Robinhood Plans to Launch IPO, Seeks CFO Amid Audits From Regulators|org=Cointelegraph|date=September 7, 2018}}</ref>
  
 
Robinhood was designed for "the next generation" of traders. On its website, it encourages new traders to learn about trading using various tools integrated into the app's user interface, such as [http://www.marketswiki.com/wiki/Candlestick_chart candlestick charts], which were added in September 2018.<ref>{{cite web|url=https://robinhood.com|name=Robinhood: Investing. Now for the rest of us.|org=Robinhood|date=September 7, 2018}}</ref><ref>{{cite web|url=https://www.coindesk.com/robinhood-crypto-app-adds-candlestick-charts-due-to-popular-demand/|name=Robinhood Crypto App Adds Candlestick Charts Due to Popular Demand|org=Coindesk|date=September 7, 2018}}</ref>
 
Robinhood was designed for "the next generation" of traders. On its website, it encourages new traders to learn about trading using various tools integrated into the app's user interface, such as [http://www.marketswiki.com/wiki/Candlestick_chart candlestick charts], which were added in September 2018.<ref>{{cite web|url=https://robinhood.com|name=Robinhood: Investing. Now for the rest of us.|org=Robinhood|date=September 7, 2018}}</ref><ref>{{cite web|url=https://www.coindesk.com/robinhood-crypto-app-adds-candlestick-charts-due-to-popular-demand/|name=Robinhood Crypto App Adds Candlestick Charts Due to Popular Demand|org=Coindesk|date=September 7, 2018}}</ref>

Revision as of 12:37, 21 September 2018

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Robinhood
Robinhood.png
Founded 2013
Headquarters Menlo Park, California
Key People Baiju Bhatt (Founder, CEO); Vlad Tenev (Co-founder)
Employees 200-500
Products Robinhood trading app
Twitter @robinhoodapp
LinkedIn Profile
Facebook robinhoodapp
Website Robinhood Home
Blog Robinhood Blog

(Page under construction)

Robinhood is an investment app that offers trading services for stocks, options, ETFs, and cryptocurrency.[1][2]

Overview

Robinhood's investment platform is protected by the SIPC, which insures its investors up to $500,000.[3] It is also regulated by FINRA, and is listed on FINRA's BrokerCheck.[4]

In September 2018, Robinhood had over 5 million users. The app offers its trading services free of commission fees. Instead it makes revenue selling premium services, selling order flow to stock exchanges, and by charging interest on funds users keep in their Robinhood accounts.[5][6]

Robinhood was designed for "the next generation" of traders. On its website, it encourages new traders to learn about trading using various tools integrated into the app's user interface, such as candlestick charts, which were added in September 2018.[7][8]

References