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In 2020, Robinhood agreed to pay $65 million to settle SEC charges that it misled customers over the payments it received from trading firms for sending customers orders to them.
Fees from trading the memecoin accounted for 32% of the company’s net revenue in the second quarter of 2021, unprecedented demand that briefly crippled Robinhood’s crypto trading software.
Fidelity charges $49.95 to trade funds that aren’t on its no-fee list. It costs $1 per option to trade options contracts on Vanguard and $0.65 with Fidelity. Robinhood charges no fees to trade ...
It charges $0 commissions on stocks and ETFs for active investing, meaning you’d have no costs to worry about when trading yourself. SoFi's automated investing has a 0.25% annual advisory fee.
Robinhood's evolution from meme stock trading champion to a wealth management platform rages on. The company said late Wednesday it will be launching futures and index options trading on its app ...
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Robinhood is rolling out its newest wallet to 10,000 customers. The "beta program" gives select users a first crack at trying the not yet released “self-custody” crypto app.