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Robinhood's Gold subscription service, which charges customers a $5 monthly fee, is one way it rewards its members with higher interest rates. Last year, the company finished the year with 2.64 ...
Robinhood's adjusted loss per share came in at $0.57, a penny more than estimated. Monthly active users in the first quarter totaled 11.8 million, up from 11.4 million in the fourth quarter of ...
As the graph below illustrates, Robinhood already has 1.7 million subscribers on its Gold tier. More importantly, the annualized subscription revenue for Gold members has risen every quarter over ...
Robinhood is known for lost-cost trades, charging $0 for stock and ETF trading, and only $0.03 per options contract — which is one of the lowest charges in the industry.
While this strategy has paid off to some extent -- monthly active users rose 7% year over year to 11 million, and Robinhood Gold subscribers surged 65% to 2.2 million -- it comes at a cost.
Robinhood Gold members can transfer up to $5,000 instantly. It also features a feed that aggregates articles from news and investing sites, making it easy to stay up on market trends and developments.
Depending on the type of Robinhood account you have, commissions for trading futures will be as low as $0.50 per contract for Robinhood Gold members and $0.75 for non-Gold members.
You can join their premium tier, Robinhood Gold, for $5 a month and gain access to research and discounted margin trading. ... Options cost $0.65 per contract, and volume-based pricing is ...