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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 ...
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.
Traders looking to trade at any hour of the day now have the ability to swap stocks 24 hours a day during the week. A handful of brokers offer all-day trading, also known as overnight trading, so ...
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 ...
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.
The seller must deliver the goods at that price. 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 ...
And like you said, Vlad, Robinhood Gold subscribers are closing in on 3 million driving annual Gold subscription revenue higher to now above $170 million. We also stayed disciplined on expenses in Q4.
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 ...